Chinese silk is entering the Indian market discuss its consequences
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In terms of Civil Services IAS Prelims Exam as well as IAS Mains Exam, the current issues are very important. Here, we have provided we have provided a complete analysis of The New Silk Route and the effects on Indian Economy.
The New Silk Route and the effects on Indian Economy
The Silk Route derives its name from the lucrative trade in Chinese silk carried out along its length, during ancient era. This trade was prominent on ancient network of trade routes that were central to cultural interaction through regions of the Asian continent connecting the West world to the East from China to the Mediterranean Sea. However, the trade was not limited to trade in Silk only and it was flourishing in other goods as well, along with the spread of religion, culture and philosophies.
The New Silk Route has been envisaged to bring the world, and especially Eurasian Continent closer to emulate the ancient Silk Route. The New Silk Road program consists two routes, known as “One Belt, One Road”. The land route is called “the Silk Road Economic Belt,” linking central Asia, Russia and Europe. The sea route has an odd name: “the 21st Century Maritime Silk Road,” and goes through the western Pacific and the Indian Ocean. Thus, “One Belt, One Road.”
According to the map, the land-based “New Silk Road” will begin in Xi’an in central China before stretching west through Lanzhou (Gansu province), Urumqi (Xinjiang), and Khorgas (Xinjiang), which is near the border with Kazakhstan. The Silk Road then runs southwest from Central Asia to northern Iran to Syria, Turkey, and finally to North Western Europe, where it meets up with the equally ambitious Maritime Silk Road.
The Maritime Silk Road will begin in Quanzhou in Fujian province, and also hit Guangzhou (Guangdong pronvince), Beihai (Guangxi), and Haikou (Hainan) before heading south to the Malacca Strait. From Kuala Lumpur, the Maritime Silk Road heads to Kolkata, India then crosses the rest of the Indian Ocean to Nairobi, Kenya to Horn of Africa and moves through the Red Sea into the Mediterranean and meets the land-based Silk Road.
(plz mark my answer as brainlist my friend)
The New Silk Route and the effects on Indian Economy
The Silk Route derives its name from the lucrative trade in Chinese silk carried out along its length, during ancient era. This trade was prominent on ancient network of trade routes that were central to cultural interaction through regions of the Asian continent connecting the West world to the East from China to the Mediterranean Sea. However, the trade was not limited to trade in Silk only and it was flourishing in other goods as well, along with the spread of religion, culture and philosophies.
The New Silk Route has been envisaged to bring the world, and especially Eurasian Continent closer to emulate the ancient Silk Route. The New Silk Road program consists two routes, known as “One Belt, One Road”. The land route is called “the Silk Road Economic Belt,” linking central Asia, Russia and Europe. The sea route has an odd name: “the 21st Century Maritime Silk Road,” and goes through the western Pacific and the Indian Ocean. Thus, “One Belt, One Road.”
According to the map, the land-based “New Silk Road” will begin in Xi’an in central China before stretching west through Lanzhou (Gansu province), Urumqi (Xinjiang), and Khorgas (Xinjiang), which is near the border with Kazakhstan. The Silk Road then runs southwest from Central Asia to northern Iran to Syria, Turkey, and finally to North Western Europe, where it meets up with the equally ambitious Maritime Silk Road.
The Maritime Silk Road will begin in Quanzhou in Fujian province, and also hit Guangzhou (Guangdong pronvince), Beihai (Guangxi), and Haikou (Hainan) before heading south to the Malacca Strait. From Kuala Lumpur, the Maritime Silk Road heads to Kolkata, India then crosses the rest of the Indian Ocean to Nairobi, Kenya to Horn of Africa and moves through the Red Sea into the Mediterranean and meets the land-based Silk Road.
(plz mark my answer as brainlist my friend)
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the chinese silk is entering in the indian market because it is good quality of silk fibers the demand of fiber is decreasing in india so the chinese silk is entering in the india market
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