Deals
China's Marshall Plan
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China's ambition to revive an ancient trading route stretching from Asia to Europe could leave an economic legacy bigger than the Marshall Plan or the European Union's enlargement, according to a new analysis.
Dubbed 'One Belt, One Road,' the plan to build rail, highways and ports will embolden China's soft power status by spreading economic prosperity during a time of heightened political uncertainty in both the U.S. and EU, according to Stephen L. Jen, the chief executive officer at Eurizon SLJ Capital Ltd., who estimates a value of $1.4 trillion for the project.