Study finds China’s Belt & Road Initiative here to stay

It has been 6 years since China unveiled its massive global infrastructure plan: the Belt-and-Road Initiative. How has the project fared so far? A leading American think-tank spent months in the field to find out. CGTN’s Wang Guan reports. There are vastly different narratives about China’s Belt and Road Initiative. Narratives that often have geopolitical overtones. “In large part, depending on what their attitudes toward China is. I often joked that it is an inkblot test that reveals attitudes towards China,” Vice President for International Security and Diplomacy of the Asia Society Policy Institute Daniel Russel said. Russel is former President Barack Obama’s point person on Asian affairs. He recently led a panel of experts from Asia Society’s Policy Institute. […]

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Global Tourism Industry on Track for Full Recovery by 2024

The global tourism industry is set to reach, and possibly surpass, pre-pandemic levels by the end of 2024, according to the World Economic Forum (WEF). Five years post-COVID-19, the sector is experiencing a robust resurgence driven by a surge in international travel, improved air connectivity, and strong rebounds in key regions. However, global dynamics must be managed carefully to ensure stable and continuous growth. In 2023, international tourism reached 88% of its 2019 levels, a significant recovery favored by the reopening of Asian markets, as highlighted by the United Nations World Tourism Organization (UNWTO). The Middle East led the way, surpassing pre-pandemic levels by around 20%, with Europe, the Americas, and Africa following close behind at approximately 90% of their […]