BRI is not a one-way road: US business leader

David Kosinski, managing director of Source Direct International based in Northville, Michigan outside Detroit. The company engages in auto parts sourcing and importation. It has operations in Nanjing, Jiangsu China.[Photo provided to China Plus]

The United States is not attending China’s Belt and Road Forum this year, citing concern with finances associated with the project.

Cui Tiankai, China’s ambassador to the U.S., wrote in Fortune this week that Washington should embrace the opportunities offered by the Belt and Road Initiative.

He dismissed Western claims that BRI is a potential debt trap, and wrote that Chinese companies have generated over 2 billion US dollars and 300,000 jobs.

How do American companies view BRI? What do business leaders hope will happen with trade relations between the countries?

CRI contributor Daniel Macy spoke with David Kosinski, managing director of Source Direct International. The company operates in Nanjing, in China’s Jiangsu Province, and imports auto parts.

Kosinski says it is too simplistic to view BRI as a one-way road, because “roads go both ways.”

“How much further ahead could we get if countries were co-investing and co-developing on these types of projects as opposed to countries that are going forward as a single flag bearer? ” said Kosinski.

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *