Understanding China’s Belt And Road Initiative

Understanding China’s Belt And Road Initiative

China’s Belt and Road Initiative is one of President Xi’s most ambitious foreign and economic initiatives. It reflects a combination of economic and strategic drivers, not all of which can be easily reconciled. There are strategic drivers behind China’s Belt and Road Initiative, but it is also motivated by the country’s pressing domestic economic challenges. The combination of strategic and economic drivers is not always easy to reconcile. In some cases, China’s strategic objectives make it difficult to sell the economic aspects of the initiative to China’s neighbours. The Chinese Government is keen to use the initiative to achieve important economic policy objectives, but some Chinese financiers and policymakers are cautious about funding risky Belt and Road projects outside of China, fearing poor return on their investments. Written by ACYD alumnus Peter Cai.

SPOTLIGHT: ACYD speaks with recently listed Forbes 30 under 30 and ACYD Alumnus Jill Xiaozhou Ju

Jill Xiaozhou Ju, an ACYD alumnus, was recently listed Forbes 30 under 30, a very significant achievement. Graduate of Peking University and Harvard Business School, Jill has worked in UBS in Hong Kong and Beijing, and is currently working at Greystar Europe managing a portfolio around 1Bn Pounds. Jill shared her story and motivation with ACYD organizer Mert Erkul recently, and here is their interview.

2016 ACYD SUMMARY REPORT

This report chronicles the further progress achieved in nurturing aspirational exchanges at the seventh ACYD, held in Hong Kong and Shenzhen from 28-31 October 2016. Following the example of its predecessors, the ACYD Board and Management Team worked energetically over the year to bring together emerging and current leaders from Australia and Greater China to explore future directions, challenges and possibilities.

Miya Liu (2016 Delegate)

Exposure. Experience. Entrepreneurship – These are my key impressions about the ACYD 2016, which brought a group of excellent young talents from China and Australia from different walks of life together, each having his or her unique contribution of mind pumping into the great cause of the Australia-China relationship in a variety of aspects. I highly recommend ACYD for its richness of the content, the diversity of topics discussed, as well as the people-to-people connectivity created during the well-designed programs and provided by the alumni community for all these fantastic speakers, delegates and organizers.

William Zhao (2016 Delegate)

Enlightening, Transformative, and Phenomenal! The quality of ACYD is reflected not only in the comprehensive program,thought-provoking sessions and prestigious guest speakers, but also in very high calibre of delegates whose positive character fuels them in their extraordinary personal journey and whose leadership drives change in their chosen field in their 20s and 30s.

I cannot highly recommend ACYD enough as, most importantly, it has been enhancing the existence of human capital within the Australia-China youth community by providing alumni with life-long access to the broadest and deepest Chinese-Australia expertise of their peers passionate about creating blueprint for bilateral relationship between Australia and China.

Will Ewing (2016 Delegate)

The commitment of Australia's and China's youth to close relations between the two countries is so clearly reflected in the energy, optimism, candour and thoughtfulness which delegates (and organisers) bring to the ACYD.  With the bilateral relationship facing so many opportunities (and a few challenges), people-to-people links have never been more important, and the ACYD forges thousands of them every year.  The ACYD proves that the Australia-China relationship is about far more than trade dollars, and that diplomacy is not just the realm of diplomats.

2016中澳青年对话于香港圆满落幕

2016 Australia-China Youth Dialogue was successfully concluded in Hong Kong on Oct 31. Highlights of the program including visits to Huawei and BGI, two of China's fastest growing companies, and a series of open and frank discussions on issues pertinent to the Australia-China relations, including trade, diplomacy, security, urbanization, innovation, entrepreneurship, leadership, banking and finance. New perspectives were formed and new friendships built during the course of the Dialogue.

Chloe Dempsey (2016 Delegate)

ACYD introduced me to individuals with a wealth of experience and depth of knowledge that is rare. To have a whole community of these individuals, sharing similar goals for the Australia-China relationship, was incredibly empowering to my own sense of purpose. I look forward to contributing to this relationship with a host of diverse peers who are open-minded, optimistic and dedicated.