BRI may provide cushion for China's growth over next four decades
China is poised to grow strongly in the next two to four decades due to the Belt and Road Initiative and this will provide significant business opportunities to other economies in the world which would benefit from the country's business wisdom, participants of a student-led business forum in London said.
"Growth is going to continue to come from China for the next 20, 30, maybe 40 years ... The greatest growth opportunity in the world is the Belt and Road Initiative," Stephen Perry, chairman of the 48 Group Club, said in a keynote speech to the 8th London Business School China Business Forum.
"What China is trying to do is to free the productive capacity and consumer demand from China, across Central Asia, central Europe, and down into Africa," he said, adding it is in the United Kingdom's interests to take part in the initiative.