BRI turns 10, is it becoming a global driver of inclusive growth?

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Is BRI becoming a global driver of inclusive growth? Rudolf Scharping, former German defense minister noted that the Belt and Road Initiative (BRI) can make an important contribution to the development of underdeveloped regions.

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01:03

Rudolf Scharping: Let's focus on the global challenges we have to master commonly. Let's focus on the domestic tasks we have to master in the interest of the people and the nation. If we do so, then, in this understanding, to come back to your question, the Belt and Road Initiative is one important contribution for the development of underdeveloped economies and societies.

It's something with specific importance if it comes to economic development, if it comes to a deeper understanding of each other, to better exchange. And with regard to Germany and China, I would say it reduces delivery times, it reduces costs, it intensifies contacts, it creates jobs, and helps to make better products. And, by the way, also to intensify some other things.

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