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These studies suggest the Belt and Road Initiative promotes economic growth and international cooperation in New Zealand through increased connectivity and multilateral financial instruments.
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The Belt and Road Initiative (BRI), launched by China in 2013, aims to enhance global trade and stimulate economic growth across Asia, Europe, the Middle East, and Africa through increased connectivity and cooperation. This initiative has significant political and economic implications for participating countries, including New Zealand.
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The Belt and Road Initiative has the potential to significantly impact New Zealand by boosting economic growth through increased foreign direct investment and fostering stronger political and economic cooperation with China. The initiative's emphasis on mutual benefit and inclusive development aligns with New Zealand's interests in enhancing its global trade and economic partnerships.
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