Article Details : |
| | Article Name : | | China’s One Belt One Road initiative, a policy of
21st Century Regional economic integration | Author Name : | | MUHAMMAD ISHAQ1, RUAN JIAN PING, AFTAB RAHIM , ZAHOOR-ULHAQ | Publisher : | | Bridge Center | Article URL : | | | Abstract : | | One Belt One Road initiative is the president Xis foreign policy
agenda, a mean to change the current geo-politics and worlds
economic dependency on solo power and to reduce US hegemony in the
region in particular and world in general. According to OBOR vision,
over 4 billion population with one-third of worlds GDP with 40
billion$ Silk Road Fund, Asian Infrastructure Investment Bank and
New Development Bank of BRICS will also provide funds for the
fulfilment of Chinese Nations rejuvenation dream. Xis initiative has
three derives; energy, security and market for Chinese dump products
by weaving these three drives into a fabric of interconnectivity
including transport corridor and port facilities, which will ultimately
boost multilateral trade, security and stability in the countries along
the Belt and Road. | Keywords : | | Asian Infrastructure Investment Bank (AIIB), Belt and
Road; China, Foreign Policy, Xi Jinping. |
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