The video above points out that while globally, the world has gotten rich in the last 2 centuries, the wealth is not equally distributed. And that 6.7 billion people still live on $30 or less. Why?
At 3:16, the video provides an answer: Freedom. The freer the country, the richer the people are able to be.
How Deng Xiaoping visited Singapore in 1978, saw how a predominantly Chinese society could be rich even as it is governed strictly, and saw in Singapore, the future of China.
While China wanted to learn from Singapore, and in fact, hundreds of official trips to study the "Singapore System" were made by mid-level officials, the fact is that China and Chinese officials saw in Singapore what they wanted to see in Singapore (or saw Singapore's solutions through ideological lenses. This is very normal.) And so "transplanted" the policies and practices without fully understanding the fundamentals that made Singapore a success. For example, the lesson from Singapore's fight against corruption was distilled as "the importance of committed leadership", and ignored the significance (and importance) of the rule of law in Singapore, and how the law also applies to leaders and leadership.
To be fair though, what they did understand or what they did transplant from Singapore to China did result in about 4 decades of progress and growth for the Chinese economy (with about 2 decades of an inflating housing bubble).
Deng and his successors, Jiang Zemin and Hu Jintao led China into successive years of growth.
Megaprojects explains the Belt and Road Initiative:
This is a rather comprehensive video explaining China's Belt and Road Initiative.
The BRI is the initiative of Xi Jinping, announced in 2013. Prior to that, China's guiding principle was from Deng Xiaoping: "Hide your Strength and Bide your time."
Apparently, when Xi took over, he decided that the time to hide your strength and bide your time was over; that China's time to shine has arrived; that China was ready to take to the stage as a world leader, and to displace the current world leader.
As a consequence (partly) of the Ukraine invasion, some "hypothetical" questions are being asked - Can China take Taiwan? If the US comes to Taiwan's aid militarily, or in a straight (military) contest between China and the US, will China prevail or will the US? If Japan gets involved, is it a given that Japan being "smaller" (militarily, territorially, and economically) it will be disadvantaged (at least against China)?
Can China take Vietnam if it wants to? In an Sino-Indian war who will win/lose/prevail/be left standing?
Those are the big questions.
There are slightly smaller questions. Like, would Singapore be able to defend itself against Malaysia? Indonesia? If her bigger neighbours attempt to swallow the "little red dot"?
So while we have wet dreams about Singapore having a (light) aircraft carrier, there are plans to have a Multi-Role Combat Vessel (MRCV), which is a "mothership" for unmanned surface and air assets (drones).
This is a natural evolution for the RSN as more unmanned assets are incorporated into the RSN.