2017 will be a year of consolidation for the Belt and Road, in the face of the rapid changes in the political environment, with the Brexit, the Trump victory, and the Italian elections. A Belt and Road Summit which will pull together the heads of states of the BRI countries and the BRICS Summit to be held in Xiamen, in Chinas Fujian province, will be the mainstays of the consolidation. "Holding the two summits comes at the right time when both the trend of anti-globalization among developed economies and calls for greater globalization in the developing countries still exist," Ni Feng, deputy director of the Institute of American Studies at the Chinese Academy of Social Sciences, told the Global Times. "China's 'going-out' strategy has been confronted with grave difficulties as the anti-globalization sentiment permeating developed countries such as the US, the UK and Italy has thwarted economic recovery worldwide," Ni said.
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