Singaporean reporter Jeremy Koh's view on Belt and Road
Jeremy Koh, China Correspondent with Channel News Asia, describes China's Belt and Road Initiative as an "ambitious wonder" based on the fact that it spans over 60 countries in 3 continents.
He thinks that the initiative will lead to a revival of the ancient trade route, and will contribute to better globalization as well.
Taking into account Singapore's opening economy, the reporter believes there will be a variety of future opportunities for Singaporean companies to "tap into this huge potential for growth".
Jeremy also points out that at the very early stage, what Singapore can look at is to try to upgrade the bilateral agreements signed by countries along the B&R Initiative to multilateral ones to create a broader global market.
As an island country whose GDP relies on its ports to a considerable extent, the initiative's maritime component would be a key for Singapore according to Jeremy Koh, saying the 21st century Maritime Road connecting many ASEAN countries will promote better trade access for his country.
The journalist is looking forward to the vision of "on-board countries" as well as the policies they "bring to the table", expecting developments in finance and communications areas.