'Belt and Road Initiative' is sometimes mentioned in the news in the context of the affairs of

The Belt and Road Initiative (BRI), formerly known as One Belt One Road (OBOR), is a massive global infrastructure development strategy launched by China in 2013 to link East Asia and Europe through land and sea routes. While the European Union is a primary destination for these trade corridors, the initiative is a Chinese-led geopolitical project rather than an EU policy. The core concept being tested is the identification of major international economic and strategic frameworks initiated by global powers.