SHANGHAI, Oct 22 (KUNA) -- China's "Belt and Road Initiative (BRI)" promotes peace and coherence among its parties and does not imply a scheme by Beijing to spread regional influence, according to an eminent Chinese researcher.
Up to 56 states, including China and Kuwait, have enthusiastically joined the treaty for they will reap benefits, such as huge saving in transport costs and prospected enhancement of trade exchanges among the regional nations, said Wang Yi Wi, a researcher at China-Arab Research Center on Reform and Development (CARCRD) during a conversation with a visiting delegation of Kuwaiti media personalities and journalists.
Global economy should not be, as he opines, centralized in a single place (nation), such as the case with the United States of America, he says, arguing that such centralization spells heavy losses among the concerned states, as has happened in the latest global economic crisis.
The Chinese initiative is also dubbed as "One Belt One Road (OBOR)" or the "Silk Road Economic Belt." Kuwait, which has mapped out a development strategy, effective till 2035, has joined the initiative.
Meanwhile, the head of experts committee at the center, Choo Wee Lee, lauded outcome of the visit by His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah to China last July -- which resulted in inking a number of accords for boosting cooperation at various levels.
His Highness the Amir, during the visit to China, addressed a forum on Chinese-Arab cooperation, reflecting desire to enhance relations with the Asian nation.
China, Lee says, dedicates special concern for Kuwait and the Arab world in General and backs the Palestinian cause.
Asked about reported blocking of some website by the Chinese authorities, he denies that freedoms are restricted in the nation and says that China has its special online services.
The research center was inaugurated in 2017 after the Chinese president declared intention during a visit to the Arab League headquarters to establish it for boosting friendship and cooperation with the Arab countries.
The visiting Kuwaiti delegation includes KUNA Deputy Director General for the Editorial Department and Chief Editor, Saad Al-Ali, and a number of journalists representing media outlets, the press and the Ministry of Information. (end)