Strategist, investor says benefits of landmark initiatives would be felt throughout the globe

European countries, as well as other nations, should embrace China's national strategy of reviving the ancient Silk Road, as they could also benefit from the projects, initiatives and exchanges it creates, said the world-renowned American strategist and investor Farzam Kamalabadi.

The Persian-American, who has lived in Shanghai since 1992, said that the "One Belt, One Road" initiatives put forward by Chinese President Xi Jinping bring numerous opportunities for developing countries and European ones too.