Both initiatives were announced by president xi jinping in 20. The silk road economic belt and the 21stcentury maritime silk road, also known as the belt and road initiative, is a development strategy and framework, proposed by chinese paramount leader xi. Pdf the silk road economic belt security implications. The vision and actions on jointly building the silk road economic belt and 21stcentury maritime silk road, an initiative raised by chinese president xi jinping during visits to central asia and. China unveils action plan on belt and road initiative1. The silk road economic belt the belt component of the belt and road initiative, announced by xi jinping over four years ago, represents an ambitious chinese vision to promote infrastructural development and connectivity, and stimulate economic integration across the eurasian continent. One plan centered on the asian land mass is called the silk road economic belt. China lays out path to silk road china real time report wsj.
Situating the belt and road or the one belt one road obor concept in a historical context, this chapter examines the civilizations along the silk road, as well as their encounters and interactions, which have formed the social, cultural, religious, and political landscapes of the present silk road economic belt. The real trouble with chinas belt and road the diplomat. The belt has, therefore, quite deservedly been received with enthusiasm among many states of the eurasian continent since its proposal in 20. China is reviving the historic silk road trade route that runs between its own borders and europe. The eurasian land connection, known as the new silk road economic belt or simply the belt, is made up of railways, highways, oil and gas pipelines, and major energy projects. The silk road economic belt is the landbased component that together with the oceanic maritime silk road forms one belt, one road, a chinese government economic. Iran also expressed its interest in joining the corridor projects. The silk road economic belt and 21st century maritime silk road initiative of china using the historical concept of the silk road or silk route, the chinese government emphasises on what it calls the silk road economic belt and the 21st century maritime silk road or the one belt, one road obor strategy, also known as the. Silk road economic belt news portal and international.
The focus of the workshop was the economics behind the chinese silk road economic belt sreb and its impact in central asia. Yet, reviving the silk road in central asia will not be easy and the geopolitical challenges will be the biggest hurdle to building the sreb in the region. The economics of the silk road economic belt o n 20 october 2015, rusi held a daylong workshop in almaty, kazakhstan, in collaboration with kimep university and the friedrich ebert stiftung fes. Pdf projected changes in temperature and precipitation. English, ranging from new silk roads to one belt, one road, and more recently belt. Vision and actions on jointly building silk road economic. Chni a is leadni g the effort to create the wordl s largest economic platform. By the economist corporate network the silk road economic belt and 21st century maritime silk road better known by its popular shorthand terms of one belt, one road obor and the beltroad initiative has become one of the most discussed topics about chinas evolving role in the global economy today. Most respondents expect the bri to bolster their growth, but more effective coordination is required to fully unleash its potential. As the old saying goes, peaches and plums do not speak, but they are so attractive that a. However, intensive human activities to be induced by it may double the water crisis in central asia, deteriorate the vulnerable environment, and accelerate energy consumption in this area. In addition to the 65 countries in asia, africa, the. It symbolized global economic and cultural networking based on mutual interaction and cooperation.
The silk road economic belt and the 21st century maritime. Under these conditions, the most important document has proven to be russia and chinas joint declaration on the unification of the eurasian economic union. Multilateral formats of inter action are designed to set up regional interaction and cooperation frameworks. One road one belt, silk road economic belt, china, central asia the author would like to thank mr. Obor comprises a landbased silk road economic beltlargely analogous to the historical silk roadand an oceangoing maritime silk road linking southeast asia, oceania, and north africa. The belt and road initiative the belt and road initiative refers to the silk road economic belt and 21st century maritime silk road, a significant development strategy launched by the chinese government with the intention of promoting economic cooperation among countries along the. The transportation infrastructure of the silk road economic belt includes railways, roads, air transportation and pipelines, etc. Central asia occupies the centrepiece of chinas silk road economic belt sreb initiative.
China intends to reduce this deficit in asia, and in parts of europe, through the silk road economic belt the belt component of its belt and road initiative bri. Building the new silk road council on foreign relations. At the same time the chinese strategy of the silk road economic belt is an attractive project involving all central asian countries in a profitable energy and economic network, following the chinese huge investments aimed to boost infrastructures and to develop national economies. Old silk road network of interlinking trade routes across eurasia trading various goods with different countries. Moreover, it is an instance of sustainable development where a commodity like silk has transformed itself from status symbol controlled by the government to a free commodity. One arm, the silk road economic belt, extends from china to europe through central asia, and the other, the 21stcentury maritime silk road, links china to southeast asia, the middle east, and africa along sea routes. After several decades of development, it has formed a comprehensive, threedimensional traffic network. It sheds light on what has motivated china to initiate it, and how it fits into chinas own evolving. Vital nodes study on airway network of silk road economic belt. Actions on jointly building silk road economic belt and 21st. The oceangoing 21st century maritime silk economic belt.
Map of central asia illustrating silk road economic belt. The building of the silk road economic belt is an exciting prospect that may bring immense economic benefits to eurasian countries. The belt and road, unveiled by president xi jinping in late 20, is chinas most ambitious geoeconomic and foreign policy initiative in decades, combining a landbased silk road economic belt. Road initiative bri, namely the initiatives economic impacts, both domestic and. Among other objectives, the belt intends to promote infrastructural development and connectivity, and stimulate economic integration across the eurasian continent.
This is a list of countries who have shown interest in the initiative either through joining the. The silk road economic belt is envisioned as three routes 4. In order to exploit domestic advantage and improve the developing level of different area in china, the chinese government proposed the strategy of the silk road economic belt sreb and the 21stcentury mari. The chinese government has drafted and published the vision and actions on jointly building silk road economic belt and 21stcentury maritime silk road to promote the implementation of the initiative, instill vigor and vitality into the ancient silk road, connect asian, european and african countries more closely and promote mutually beneficial. The one belt one road obor initiative is a historical landmark which intends to connect more than twothirds of the world population and opening up the windows for reviving global business. This article demonstrates that, rather than constituting a new model for central asian international relations, the srebs real strategic value for china is as an organizational concept and as an influence multiplier.
The silk road economic belt is the landbased component that together with the oceanic maritime silk road forms one belt, one road, a. The central government has since then further elaborated on the idea of building the silk road economic belt and the 21st century maritime silk road. The study of silk and the silk road is thus a model of globalization. Security in the context of the report is defined broadly in relation to intra and interstate stability. To build a new and sustainable silk road economic belt, advancing. A route to economic growth the belt and road initiative 2018 survey the survey examines bri achievements, issues and experiences from the perspective of bri countries. Arthur guschin for his help an d comments on the paper. The concepts of the silk road economic belt and the maritime silk road were first introduced by chinese president xi jinping during his visits to kazakhstan and indonesia in 20. Pdf laos and the silk road economic belt alvin lim. What you need to know the belt and road initiative bri is a combination of two initiatives. The bri includes two separate routes, the silk road economic.
In the autumn of 20, in kazakhstan and indonesia respectively, i proposed building the silk road economic belt and the 21st century maritime silk road, which i call the belt and road initiative. Silk road economic belt business news and international network en we are currently working on a new website. A route to economic growth the belt and road initiative. As the starting point of the ancient silk road, shaanxi province is an exemplary starting point for it and by exploiting its natural advantages is positioned to be the one belt and one road. Among other objectives, the belt intends to promote infrastructural development and connectivity, and stimulate economic integration across the eurasian. Road or one belt, one road initiative a development strategy and framework. The silk road economic belt and 21stcentury maritime silk road is a development initiative proposed by the chinese government. The silk road economic belt the belt component of the belt and road initiative proposed by china in 20 is an ambitious vision that has evoked enthusiasm among many stakeholders. The eurasian economic union and the silk road economic belt. For the united states, the new silk road refers to a suite of joint investment projects and regional trade blocs that have the potential to bring economic growth and stability to central asia. China seeks to address misgivings 09 apr, 2015, 07. Ostensibly an economic initiative, the belt also has important strategic implications, and is likely. The one belt, one road obor initiative creates significant opportunities for organisations to participate in a range of projects, especially those involved in the infrastructure, construction, heavy equipment, energy, water and related industries. Working together to build the silk road economic belt and the.
The silk road has history for more than two thousand years and played dominant role for human progress. This report addresses some of the existing gaps in discourse on the security implications of chinas silk road economic belt the belt. Enmeshed in the idea of returning china to its place at the center of global power, the initiative has led to the fanning out of a number of economic and trade. The silk road economic belt friedrich ebert foundation. Announced in 20 by president xi jinping, the idea is that two new trade corridors one overland, the other by sea will connect the country with its neighbours in the west. Jun 18, 2016 the eurasian land connection, known as the new silk road economic belt or simply the belt, is made up of railways, highways, oil and gas pipelines, and major energy projects. Icbc standard bank belt and road economic health index 1. The silk road economic belt route of the one belt, one road initiative advanced by xi is going to become the cornerstone foreign policy of the current chinese administration. Mayyi shaw explores the revival of the ancient silk road, meeting businesses and entrepreneurs looking to benefit from the trillions of dollars of spending, in this first phase of the belt. The silk road economic belt and the 21stcentury maritime silk road, also known as the belt and road initiative, is a development strategy and framework, proposed by. The belt and road initiative the belt and road initiative refers to the silk road economic belt and 21st century maritime silk road, a significant development strategy launched by the chinese government with the intention of promoting economic cooperation among countries along the proposed belt and road routes.
However, the belt and road regions involve a large population, and regional economic development is sensitive to climate change, particularly climate extreme events. Prc one belt, one road obor development strategy and economic framework across the eurasia. In his april 2014 meeting with the visiting laotian prime minister thongsing thammavong, chinese president xi jinping highlighted the need for china and laos to intensify their comprehensive strategic partnership to achieve their national development. The idea of central asia as a regional grouping in political and security terms is almost non. The belt and road initiative bri and health and beyond. Building a new and sustainable silk road economic belt. The eurasian economic union and the silk road economic belt are the most discussed initiati ves to turn central asia from a landlocked into landlinked region. Obors digital connectivity offers both benefits and risks. It includes developmental factors and encompasses human security.
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