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The restructuring of global supply chains has caused a collapse in the Far East. Experts believe that the problem will not be resolved quickly and consumers will face shortages of goods and price rises.
In 2013, Chinese President Xi Jinping put forward the «Belt and Road Initiative» (BRI), aiming at building a new platform for international cooperation and creating new momentum for shared development. Since then, the BRI has opened a path for high quality development and common prosperity for countries along the route, becoming a real global platform serving more than half of the world’s population.