Liu Mingkang and Wenzhi Lu write: \u00a0 China, as the leading promoter of the \u201cone belt, one road\u201d initiative, must take steps to ensure that businesses act responsibly. The central government will have to regulate and coordinate sub-national governments effectively, while working to ensure that competition is fair and constructive. At the same time, China should implement a well-designed training program that provides officials at all levels of government and entrepreneurs with basic information about operating abroad. And it should do more to spur the involvement of Hong Kong \u2013 which possesses major advantages in finance and logistics, information accessibility, talent recruitment, and implementation of the rule of law \u2013 in the initiative. Last but not the least, the central government needs to strengthen the guidance of crisis management and exit strategies.<\/p>\n
Realizing the \u201cone belt, one road\u201d initiative will not be easy. But China has all of the tools it needs to succeed. As long as it uses them in a way that is clean, green, and transparent, China and its neighbors will reap vast rewards. \u00a0China’s New Silk Road<\/a><\/strong><\/p>\n Liu Mingkang and Wenzhi Lu write: \u00a0 China, as the leading promoter of the \u201cone belt, one road\u201d initiative, must take steps to ensure that businesses act responsibly. The central government will have to regulate and coordinate sub-national governments effectively, … Continue reading ![\"Silk](\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2015\/05\/Silk-Road.jpg\")
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