9/24/2023 0 Comments New slik road![]() As the original concept of BRI was driven by economic development, it became apparent for both, members of the Chinese authorities (Huadong 2018) as well as scholars (Li et al. President Xi Jinping’s 3,5 h speech at the 19th Communist Party Congress left little doubt that China has high ambitions to take on more responsibility and assume leadership. BRI certainly goes beyond mere supply chain infrastructure and has a huge impact on geo-economic and geo-political implications on several players, particularly also on the European Union (Amighini 2018). As the US pursues a protectionist approach and Europe is stuck in political uncertainty, the growing Chinese dominance is hard to overlook. The new Silk Road will connect Asia with Europe and parts of Africa through corridors, land bridges, maritime bridgeheads and a net of dedicated power plants. With this, geopolitics are about to change. The one trillion US dollar project was initiated by China and is meant to create a trade network comprising roads, railroads, harbors and airports. The so-called Belt and Road Initiative (BRI) is currently underway, being one of the world’s largest infrastructure projects for the years to come. The new silk road implies new geopoliticsĪ gigantic new Silk Road is under construction. By linking BRI with digital infrastructures and corporate data management systems, a coordinated but distributed effort may be achieved with positive effects on social responsibility and sustainability for supply chains, data management, corporate reporting and regulatory issues. For a highly networked, globalized, complex and digitalized world with limited resources the key ingredients for sustainable success are the following 10Cs: co-thinking, co-working, co-learning, co-creation, combinatorial innovation, co-ownership, co-ordination, co-operation, co-evolution, and collective intelligence. As BRI wants to contribute also to sustainable development, the authors argue that only open digital participation of all citizens, corporations and governments and the collective intelligence, collaborative innovation and co-creation will make BRI a global role model for sustainability. China’s New Silk Road (aka Belt and Road Initiative (BRI)) will invest a 1 trillion USD budget across Asia, Africa and Europe.
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