Silk Road Blocks: The problem with China's 'One Belt, One Road' policy

    Research output: Contribution to specialist publicationArticle

    Abstract

    Chinas One Belt, One Road (OBOR, Yidai, Yilu) initiative is Xi Jinpings signature strategy for realising Chinas emergence as a prosperous and stable world power, and a significant counterweight to the US-led Trans Pacific Partnership, from which China is currently excluded. OBOR was initially conceived as a plan for expanding trade and commerce along former Silk Road routes by investing in regional transport and communications infrastructure. New ports, airports, highways and railways would facilitate trade and economic growth from Northern China to Europe via Eurasia, and along a new maritime corridor (the road) linking Southern China with East Africa via Southeast Asia. OBOR projects were also intended to shore up lagging growth at home, by absorbing Chinas excess industrial capacity and capital, and by securing access to the regions energy and resources
    Original languageEnglish
    Specialist publicationPolicy Forum
    Publication statusPublished - 2015

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