This is going to be bad for the USA... At first China was partnering with India on this but now they have excluded India for Iran... kind of like what we did with Ukraine yesterday by joining with them for rare earth minerals...
Once this road is completed China will work to adopt our trading partners and to use China's currency instead of the Dollar... this will cause the dollar to lose value... so your savings will be worth less...
This is what we face in the near future...
China's Belt and Road Initiative (BRI), also known as the New Silk Road, is a global infrastructure development strategy launched in 2013. It aims to connect China with over 150 countries and international organizations through land and sea routes, promoting trade, investment, and infrastructure development. The BRI is composed of two main components: the Silk Road Economic Belt, focusing on land routes, and the 21st Century Maritime Silk Road, focusing on maritime routes.