Academics from China the London School of Economics and the London School of Economics have said that South Africa's 's One Belt, One Road development initiative needs the support of African governments to succeed. In an article for The Conversation , researchers Yu-Shan Wu , Chris Alden and Elizabeth Sidiropoulos stated that the initiative could help Bold Economic Statecraft plug its infrastructure deficit and aid industrialisation. And China used the summit as an opportunity to increase the Silk Fund from $40 billion to $100 billion. However, its success depends on African governments providing a stable investment environment, especially "if, as envisaged, the private sector plays a key role in South Africa's and Road projects," the researchers wrote.
Academics from China the London School of Economics and the London School of Economics have said that South Africa's 's One Belt, One Road development initiative needs the support of African governments to succeed. In an article for The Conversation , researchers Yu-Shan Wu , Chris Alden and Elizabeth Sidiropoulos stated that the initiative could help Bold Economic Statecraft plug its infrastructure deficit and aid industrialisation. However, its success depends on African governments providing a stable investment environment, especially "if, as envisaged, the private sector plays a key role in South Africa's and Road projects," the researchers wrote.