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China's Belt and Road Initiative and its Potential Impact on Film Distribution in Asia and the Middle East

2024-03-11 15:34:39.657000

The Belt and Road Initiative (BRI) could have a positive effect on film distribution for Asian and Middle Eastern content, according to Alexander Amartei, CEO of Amartei Entertainment. Amartei believes that the BRI's focus on connectivity and economic development will benefit the film industry by linking people in a high-level way. He sees the BRI as an opportunity for neighboring countries to improve their economies and tap into China's growing film market. Amartei, who co-produced the film 'Antara,' emphasizes the importance of using film and soft power to bring different regions together, particularly China, the Middle East, and Asia [594622d7].

The Department of International Relations at the University of Karachi recently hosted the launching ceremony of a book titled 'Belt and Road Initiative: Emerging World Order.' The book, written by renowned scholar Professor Dr. Talat Ayesha Wizarat, explores the potential benefits of the Belt and Road Initiative (BRI) and its impact on the global order. It emphasizes the importance of connectivity projects, such as the China-Pakistan Economic Corridor (CPEC), in overcoming regional challenges and promoting economic development. The book argues that the success of the BRI could lead to the emergence of a new world order, with China as a global power. It also highlights the threat of terrorism to the BRI and calls for support that benefits the common people. The book is seen as a valuable contribution to the literature on the BRI, particularly from a Pakistani perspective, challenging the often Western-centric view provided to students and academics [5581504a].

Pakistani officials praise the Belt and Road Initiative (BRI) for promoting global economic development, win-win cooperation, and inclusiveness. They highlight the benefits of the BRI in enhancing connectivity, cultural exchanges, and people-to-people interactions. The officials emphasize the transformative power of visionary leadership and commend China's policy of sharing the dividends of development with other countries. They specifically mention the China-Pakistan Economic Corridor (CPEC) as a flagship project of the BRI that has brought socio-economic benefits to Pakistan, including improved road and energy infrastructure, job creation, and investment. The officials also highlight the strong friendship and mutual respect between Pakistan and China, serving as a model for the world. They mention the success of CPEC as a game changer for Pakistan, attracting direct investment, increasing electricity capacity, and creating jobs. The officials applaud the recent Belt and Road Forum for International Cooperation, where both countries reaffirmed their commitment to deepening cooperation across various sectors. They emphasize that BRI participating countries are working together to create an open, inclusive, and interconnected world. They welcome China's peaceful rise as a source of strength for small and medium countries, including Pakistan. The CPEC, launched in 2013, is a corridor linking the Gwadar port in Pakistan with Kashgar in China, focusing on energy, transport, and industrial cooperation [1f1c3cd4].

The Chinese Belt and Road Initiative (BRI) is a major development project aimed at promoting socio-economic integration and connectivity. The Pakistan-China Economic Corridor (CPEC) is the largest recipient of the BRI. With the commencement of democratic activities in Pakistan after the 2024 general election, there is hope for political and economic stability in the country. The upcoming Chinese two sessions, the National People’s Congress (NPC) and the National People’s Political Consultative Conference (NPPCC), are expected to promote China's national plan for new productive forces. China may set its GDP target at around 5 percent for 2024. The US has been using decoupling and delinking policies to suppress China's economic growth and scientific cooperation. China aims to achieve new productive forces to maintain its first-mover advantage. China's GDP growth in 2023 was higher than that of other emerging markets and developing countries. China's GDP, measured on purchasing power parity (PPP), is larger than that of the US. China's economy is not collapsing, and it has been a major contributor to global economic growth. China has implemented opening-up measures and created a favorable environment for foreign investment. China's growth rate has a positive impact on other countries' growth. It is suggested that China should invest in advanced technologies and nurture its own technology firms to increase the competitiveness of its advanced manufacturing sectors [4429ab04].

According to an article on China Daily by Martin Sieff, China offers a better future to the world. The author argues that China enjoys stable political and national leadership, continuity in policy-making, and predictability in economic development. China has replaced the US and Europe as the dominant economic power and investment engine, generating economic growth across Africa and Latin America. China's Belt and Road Initiative is also building massive new infrastructure to promote growth and prosperity in Asia. The article highlights China's diplomatic facilitation in bringing together Saudi Arabia and Iran for reconciliation, showcasing China's influence in the Middle East. The author refutes the Western perception of China as a fragile and repressed economy, emphasizing China's peaceful approach to conflicts and the booming high-tech sector. The article concludes that China's rise is accomplished without military conquest or chaos in allied countries, and the rest of the world recognizes this. The author is a senior fellow at the American University in Moscow [d9365e11].

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