Long ago a group of mightily long and thread-like paths weaved through the hills, forests, and deserts to quench the thirst of traders from Europe to Asia. It was the major gateway for both continents to trade silks, spices, and other commodities, but also intangible wealth. In many ways, what we call the Silk Road is the forerunner to globalisation, as it not only facilitated trade, but also exchanged religious, political, and cultural ideas.
A $23 trillion project to create Silk Road 2.0
Today, history is certainly rhyming with the onset of a $23 trillion project to create the Silk Road 2.0. The plan’s ambition has drawn much interest and so, from finance, construction, agriculture, maritime, and more, many are seeing the opportunity to trade over land, once again, with China.
The event was a meeting between the finance and tech community based in London and China with the aim to form a functional bridge for each partner. The speakers and panel discussions had an insightful take on the rising influence of China in the financial sectors and emergent tech segments of IoT, cryptography, AI, and ecommerce.