China's 'Belt and Road' Initiative -- Mapping the World's Normative and Strategic Implications

Released on by Julien Chaisse
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  • China's 'Belt and Road' Initiative -- Mapping the World's Normative and Strategic Implications Book Detail

  • Author : Julien Chaisse
  • Release Date : 2018
  • Publisher :
  • Genre :
  • Pages : 23
  • ISBN 13 :
  • File Size : 49,49 MB
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China's 'Belt and Road' Initiative -- Mapping the World's Normative and Strategic Implications by Julien Chaisse PDF Summary

Book Description: In 2013, Chinese President Xi Jinping announced that he wanted to resurrect the legendary Silk Road; he proposed a titanic project to build hundreds of roads, bridges, and railroads to connect China and Europe. In China, the government also speaks of the 'Belt and Road initiative' (One Belt, One Road - abbreviated OBOR) to describe the project that will span more than 50 years. OBOR is President Xi Jinping's most important project and it marks a radical change in China's foreign policy as it constitutes a new economic model that also aims to strengthen China's position as an economic superpower. Despite its major impact on international trade and investment, OBOR does not belong to present-day categories of international pacts and treaties. For the first time in its modern history, China is attempting to export its development model, that is, China is relying on massive investment in infrastructure, roads, ports, and railways, at home and abroad, to accelerate industrial development throughout the region. At a time when the globalization of the economy is tilting the balance towards the East, OBOR will redistribute the maps of trade and investment to an extent which this Article assesses.

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China's Belt and Road: A Game Changer?

China's Belt and Road: A Game Changer?

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Officially announced by Xi Jinping in 2013, the Belt and Road Initiative (BRI) has since become the centrepiece of China’s economic diplomacy. It is a commitm