The Presidential Daily Brief


  1. Silk road

    China Eyes a New ’Silk Road’

    But where will it lead? President Xi Jinping wants to revive this legendary trade route that, like the ancient East-West passage, will be driven by trade. Ideally involving 60 countries, the new Silk Road will initially cost $40 billion, substituting pack-animal caravans for a multi-modal approach with new roads, railways, pipelines and revitalized ports stretching from Asia’s Pacific Coast to the Horn of Africa, Middle East and Western Europe. While Beijing insists it’s building a smaller world, many wonder whether it’s a project in global dominance.

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