| Summary/Abstract |
The term Maritime Silk Road (MSR) was first used by Chinese President, Xi Jinping at the Asia Pacific Economic Cooperation summit held in Bali in 2013. Ever since then the MSR has become a major proposal of the new leadership in China. During Chinese Premier’s visit to Brunei, he announced the establishment of the China-ASEAN Maritime Cooperation Fund with USD 48 million allocated by China for sponsoring ASEAN-maritime cooperation projects. Further, to take this initiative forward China has set up a ten billion fund for this proposal.
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