The leaders of China and its neighbors have agreed to “open the door to open new markets” and the development of a “One Belt, One Road” economic strategy.
China and Russia have agreed on the idea, with China announcing Monday that it will contribute $20 billion to the development.
China has said that it would be a major boost to its economy, which was already struggling after the collapse of its economy.
But what will the plan be?
Will the new strategy benefit the U.S.?
What about Europe?
Will it benefit the United States in any way?