First announced in 2013, the "Belt and Road" initiative is an essential part of China’s domestic economic rebalancing, and of it

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问题    First announced in 2013, the "Belt and Road" initiative is an essential part of China’s domestic economic rebalancing, and of its outbound ambitions. The initiative entails ploughing billions of dollars into the hardware—railways, highways and ports—that links China and the dozens of countries to its west and south. The goal is to encourage more cross-border trade while putting excess capacities to work. The impact on the software of financing will also be significant: the vast amounts of money needed to meet Asia’s infrastructure needs will inject fresh momentum into the region’s capital markets.

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答案 2013年首次提出的“一带一路”倡议是中国国内经济再平衡及其海外抱负的重要组成部分。该倡议涉及数十亿美元的硬件投资,包括铁路、公路、港口,以连接中国与其以西、以南的数十个国家。其目标是促进跨境贸易,同时盘活中国的过剩产能。该倡议对融资这一软件的影响也是巨大的:满足亚洲基础设施建设所需的大量资金将为该地区的资本市场注入新的动力。

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