Since initiating market reforms in 1978, China had shifted from a centrally-planned economy to a more market-based one and subsequently experienced rapid economic and social development. The country's gross domestic product (GDP) growth, according to a report, averaged nearly 10 per cent a year-th

Flurries of recent activities surrounding the Belt and Road Initiative (BRI) in Beijing and elsewhere in China demonstrate that some positive changes in the economies and lifestyles in Asia and other parts of the region are in the offing.  In 2013, China's President Xi Jinping floated the con