China's Xi says Belt and Road needs to reject protectionism

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It's a mouthful. The "One Belt" part of it refers to the Silk Road Economic Belt while the "One Road" refers to the 21st-century Maritime Silk Road.

Citing examples, the MEA spokesperson said that under the "Act East" policy, India are pursuing the trilateral highway project; under the "neighbourhood first" policy, we are developing multimodal linkages with Myanmar and Bangladesh; under "Go West" strategy, we are engaging with Iran on Chabahar Port and with others in Central Asia on International North South Transport Corridor.

"Rising nationalism has made Indian public opinion extremely sensitive on China-related issues", the editorial describes India's current situation regarding relations with the neighbouring state.

"It is my belief that Britain, lying at the western end of the Belt and Road, is a natural partner in this endeavor". India boycotted the forum over a dispute about the China-Pakistan Economic Corridor passing through Kashmir.

That may turn out fine for the USA and the rest of the world - or it may not, since China's aim isn't the free movement of goods, the basis of the US-run trading system of the last half-century.

Chinese President Xi Jinping said he had every reason to be confident in the future of the Belt and Road initiative, his signature plan to forge a path of peace, inclusiveness and free trade for the globe, beginning with Eurasia.

"If China helps some country develop its economy, Beijing will also benefit, this is a win-win situation for both sides", he said.

He will also attend leaders' roundtable sessions scheduled to be held on the second day of the forum.

"No country can accept a project that ignores its core concerns on sovereignty and territorial integrity", Baglay had said in a statement on Saturday night.

Germany said its firms were willing to support the Belt and Road initiative, but more transparency was needed.

He also called for the transformation of consensus into action and for new results in practical cooperation.

"The worldwide community, especially those participants showed a very response to the forum.In his speech, President Xi Jinping said the BRI will be built as a peace road and countries should respect the sovereignty and integrity and core interests (of other nations)", she said.

Some 1,500 people from more than 100 countries gathered here Sunday and Monday for the Belt and Road Forum for International Cooperation.

"The Belt and Road initiative is one of the mechanisms for infrastructural development".

The multibillion-dollar Silk Road project was initiated by President Xi Jinping in 2013 with an aim to connect China with Europe and strengthen cooperation between Asia and Africa.

The two-day meeting included President Vladimir Putin of Russian Federation and Turkey's President Recep Tayyip Erdogan, along with the presidents or prime ministers of Italy, Hungary and Greece, as well as most of China's Asian neighbors.

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