Future-Proofing the Belt and Road

Published on: 2017-06-17


In an opinion piece published on the China Daily, Prof Stuart Gietel-Basten, Faculty Associate of the HKUST Institute for Emerging Market studies, offered his suggestion on how China can make the Belt and Road initiative “future-proofed”.

He believed that “a strategic element of the Belt and Road Initiative is for Chinese companies to harness the demographic potential in countries involved in the Belt and Road Initiative as a response to the challenges at home”. With a rapidly aging population, coupled with the drying up of surplus rural workforce”, China needs to make the Belt and Road initiative “demographically future proof”.

That can be achieved by China being “‘good’ employers who provide decent employment with protections, rights, training, on top of the infrastructure investments along the Belt and Road countries. China should become “an example for countries, corporations as well as other businesses around the world that a better globalization can be set,” he wrote.

Read the original article here.

Related Content

[Bio] Stuart Gietel-Basten

[Event] One Belt One Road: Global Perspectives Luncheon Panel Discussion featuring Prof Justin Lin, Prof Alicia Garcia Herrero and Mr Alexey Kalinin

[Event] How to Better Our Implementation of the Initiative “One Belt One Road” featuring Prof Liu Mingkang

[Thought Leadership Brief] China’s Belt and Road: Can Europe Expect Trade Gains? authored by Prof Alicia Garica Herrero

[Thought Leadership Brief] Localizing Chinese Enterprises in Africa: from Myths to Policies authored by Prof Barry Sautman

Photo by World Bank / Flickr.  CC BY-NC-ND 2.0 https://flic.kr/p/bj3foc
Tags: , ,

Leave a Reply

Your email address will not be published. Required fields are marked *