How China S Silk Road Initiative Is Changing The Global Economic Landscape

China’s New Silk Road initiative constitutes one of the most ambitious projects in recent decades designed to change the pattern of the global economic division of labour as well as the geostrategic balance of power. It has the potential to create a new fabric of industrial value creation that links China and East Asia via Central and South Asia with Europe, and to forge new regional and multilateral institutions that complement or compete with existing regional and global governance systems. First proposed in 2013, the new initiative is only now starting to be rolled-out, with trade relations gradually intensifying, and the first investment projects and infrastructure clusters becoming manifest. However, the full impact of the evolving new regional value chains on global goods flows, investment activity, supra-national institution building, as well as their wider international implications, remains undetermined. This book brings together leading scholars from economics, political science and area studies, who present the latest cutting-edge knowledge and the latest state-of-the-art economic and political analysis on how the new initiative is developing and likely to develop.

Since the introduction of the One Belt, One Road initiative (OBOR), first proposed in late 2013, international scholars have begun to study this new policy and its implications in the global age. While OBOR provides new opportunities for China in terms of regional cooperation and global development, many also raise concerns about China’s intentions of using economic means to achieve strategic and foreign policy objectives. Hailing from the West and the East, the authors reflect on the wide-ranging impacts of OBOR on specific countries, regions, economic policies, and geopolitical considerations. Including both theoretical research and empirical studies that explore opportunities and challenges related to OBOR, this edited volume will allow readers to gain a more comprehensive understanding of this ambitious undertaking and its long-term impact on the rest of the world.

China's massive, globe-spanning Belt and Road Initiative (BRI) seeks to build everything from railways, ports, and power plants to telecommunications infrastructure and fiber-optic cables. Chinese President Xi Jinping's signature foreign policy endeavor, BRI has the potential to meet developing countries' needs and spur economic growth, but its implementation creates risks that outweigh its benefits. Unless the United States offers an effective alternative, China could reorient global trade networks, set technical standards that would disadvantage non-Chinese companies, lock countries into carbon-intensive power generation, increase its political influence over countries, and acquire power projection capabilities for its military. The COVID-19 pandemic has made a U.S. response more urgent as the global economic contraction has accelerated the reckoning with BRI-related debt. China's Belt and Road: Implications for the United States proposes that the United States respond to BRI by putting forward an affirmative agenda of its own, drawing on its strengths and coordinating with allies and partners to promote sustainable, secure, and green development.

One Belt, One Road is China's bold plan to remake the global economy. It's an ambitious strategy with a $2 trillion – and rising – budget. The objective? To challenge the existing economic and political world order. One Road, Many Dreams reveals the true extent of China's ambition, analyses the impact of the One Belt, One Road initiative and assesses its chances of success and failure. This is the Asian century and China has a plan – to remake the world economy. Under its audacious One Belt, One Road strategy, China is investing trillions of dollars in hundreds of projects all around the globe. It's buying up ports, building transport networks and constructing major infrastructure. From hydroelectric plants to oil pipelines, China supplies the labour if needed, the raw materials and the finance, creating customers and boosting its own economy in the process. More than 80 nations have already joined China's increasingly less exclusive club and by 2049, when One Belt, One Road is set to end, its number of members is likely to rival the UN. So far, China has exercised its soft power of debt diplomacy and financial might shrewdly, serving the planet's overlooked middle-income and poor countries. The rest of the world needs to wake up because the scale of One Belt, One Road is unprecedented. Its implications for the global structure of power are potentially seismic as the geopolitical ties between Europe and Asia deepen. Written by three highly regarded political economists, One Road, Many Dreams examines the One Belt, One Road initiative from all angles. It looks at the projects and the players, the alliances and the governance. It explores the opportunities for China and the threat to the West, particularly for Trump's isolationist US administration. At home and abroad, China is staking its credibility as a superpower on One Belt, One Road. Its resources appear limitless, but One Road, Many Dreams asks a tough question: has China overreached? Or can it really pull this off and remake the world economy in its own interests?

Embark on a riveting journey through the corridors of power and possibility with "The New Silk Road: China's One Belt One Road Initiative." In this captivating exploration, discover the epic tale of China's ambitious initiative and its transformative impact on the world stage. Unveiling the intricate web of economics, politics, and culture, this book offers a compelling narrative that transcends borders and ideologies. From ancient trade routes to modern-day marvels of infrastructure, witness the convergence of nations and civilizations in a symphony of connectivity and collaboration. But beyond the tangible achievements lies a deeper question: How will China shape the future of our world? Through meticulous research and profound insights, this book delves into the heart of this critical inquiry, offering thought-provoking perspectives on the dawn of a new era. As you turn each page, you'll be drawn into a world of intrigue and possibility, where geopolitics meets human ambition and the promise of a brighter tomorrow. From bustling cities to remote landscapes, from diplomatic negotiations to cultural exchanges, "The New Silk Road: China's One Belt One Road Initiative." paints a vivid portrait of a global community on the brink of transformation. Prepare to be inspired, challenged, and enthralled as you navigate the twists and turns of this remarkable journey. Whether you are a scholar seeking a comprehensive analysis of China's global ambitions, a policymaker grappling with the geopolitical implications of the BRI, or a curious reader eager to understand how China is reshaping the world, this book is sure to ignite your imagination and leave you eager to explore the boundless horizons of our shared future. Dive into "The New Silk Road: China's One Belt One Road Initiative." today and discover the untold stories of a world in motion.

Focused on the "Belt and Road Initiative", this book discusses China’s opportunities to translate economic leverage into political outcomes. The central question is how China’s expanding economic influence will transform the Eurasian political landscape. Proposed in late 2013 by President Xi Jinping, the Belt and Road is the most ambitious foreign policy approach adopted thus far and represents the culmination of China’s search for a grand strategic narrative. Comparative methods and diverse conceptual frameworks are applied to contextualize and explore the political, economic, and cultural ramifications of the Belt and Road in order to shed light on its transformative significance, risks and opportunities.

古丝绸之路上的驼铃桨声穿越时空，在新世纪奏响“一带一路”交响曲。“一带一路”倡议顺应和平、发展、合作、共赢的时代潮流，以构建新型国际关系和人类命运共同体为使命担当，承载着丝绸之路沿途各国发展繁荣的梦想，赋予古老的丝绸之路以崭新的时代内涵。

This book studies the Chinese “Belt and Road Initiative” (BRI), also called "New Silk Road", and focuses on its regional and local effects. Written by experts from various fields, it presents a range of case studies on the geopolitical, socio-economic, ecological and cultural implications of the BRI for European regions and their stakeholders. The book is divided into four parts, the first of which discusses the history of and China’s motivations for the BRI. The second part explores the global phenomenon from a number of regional standpoints. In turn, the third part presents studies on the political, socio-economic, cultural and ecological implications of the New Silk Road project. The final part highlights the tourism prospects in connection with the Silk Road project, as tourism has established itself as an important economic sector in many regions along the historic Silk Road. This book will appeal to scholars of economics, international relations and tourism, decision-makers, managers, chambers of commerce and entrepreneurs with special interests in establishing collaboration with the Chinese market.