Highlights the significant features of the Belt and Road Initiative (BRI) as a new form of global regionalism and its strong and wide-ranging impacts on globalization, urbanization, and development. Discusses how the BRI affects globalization, urbanization, and development through 3 case studies, including continental freight train routes across Eurasia, the pairing of a boundary-spanning new city and new railway between China and mainland Southeast Asia, and for faster and connected urbanization in developing countries that extend from the Chinese experience. Investigates how the BRI is capable of creating new development opportunities and risks that reflect the Chinese context and experience and their projection overseas.
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updated by Kodchakorn Satchaparppichit