B&R Initiative highlighted at think-tank on crucial China-US economic ties

NEW YORK - China and the United States, as the world's top two economies, need to enhance communication on the Belt and Road Initiative, which can benefit both countries and the whole world, said participants of a high-level think-tank dialogue here on Wednesday.

Kevin Rudd, president of Asia Society Policy Institute, said the China-proposed initiative covers the continent of Euro-Asia, a vast and complex part of the world.

Taking into account such factors as geopolitics and geoeconomics in the region, Rudd said China needs to explain how investment will be made in order to involve more participants in business.