Silk Road

The new Silk Road (part of the Belt and Road initiative also known as One Belt, One Road, or OBOR) is a Chinese economic strategy to seek better access for Chinese-made products in European markets, which includes acquiring stakes in ports and other transport facilities, and cooperation agreements with countries along the Silk Road routes.

It involves road, rail and ship, but focuses on the last two. Many countries along the route are developing facilities to handle high cargo volumes. This includes ports around the Caspian and Black Seas.