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Macro-economy

U.S. experts laud physical and people-to-people connections of BRI

May 15, 2019


Abstract : The Belt and Road Initiative proposed by China to connect the Euroasia landmass is "the right thing to do", said Jeffrey Sachs, leading economist and director of the Center for Sustainable Development at Columbia University and senior UN advisor.

NEW YORK, May 16 (Xinhua) -- The Belt and Road Initiative proposed by China to connect the Euroasia landmass is "the right thing to do", said Jeffrey Sachs, leading economist and director of the Center for Sustainable Development at Columbia University and senior UN advisor.

Given China's territory, development stage, high ratio of savings, and the need for integration with near neighborhood and remote continents, such as the Europe, East Africa, and Latin America, the BRI is a tremendous idea, said Sachs, who declared himself "a huge fan of the BRI", in a keynote speech at a seminar jointly held by China General Chamber of Commerce and the Standard Chartered Ba......

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