How the BRI is creating new-age entrepreneurs
By David Blair | China Daily | Updated: 2019-09-16 07:56
We are in the midst of the third wave of globalization that focuses on technology creation, trade, and cooperation among developing countries, especially in Eurasia and Africa.
New transport infrastructure, partly financed through the Belt and Road Initiative and the Asian Infrastructure Investment Bank, provides the hardware of this globalization. But, people-to-people links are the crucial software.
The first post-WWII globalization wave, 1945-1975, boosted trade and growth among Western developed countries. Developing countries were mostly suppliers of raw materials to the then industrialized countries.
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