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COVID-19 will likely affect trade more profoundly than any other recent crisis. The extent of the disruption will vary by commodity, trade lane, and mode of transport, and it will be steered by local differences in the crisis’s severity
In 2013, Chinese President Xi Jinping put forward the «Belt and Road Initiative» (BRI), aiming at building a new platform for international cooperation and creating new momentum for shared development. Since then, the BRI has opened a path for high quality development and common prosperity for countries along the route, becoming a real global platform serving more than half of the world’s population.