Consider New Deal after WW2 built 35 million homes and 50,000 miles of highway while China was asleep. They are playing catch up of sorts.
new meaning : belt means land transport road means maritime transport and ???? means air / space transport
Yeah you could call the New Deal America's socialist undertaking. At that time, Japan was invading China while it was in the midst of giving birth to a nation, pitting the elite nationalists against the poverty stricken peasants and laborers under the communist banner. And the rest is history.