President Xi Jinping has vowed to advance the creation of an international port alliance under the Belt and Road Initiative, at a time when the world’s top merchandise exporter confronts mounting challenges to global shipping routes – from the Strait of Hormuz to Panama.
An excerpt of his speech, initially given at a closed-door meeting on July 1, 2025, was first published on Monday by Qiushi, the Communist Party’s top theoretical journal.
“[China needs to] deeply participate in global ocean…
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