Abstract
The primary objective of this study is to present the background and overview of the Chinese belt and road initiative (BRI) project while exploring views, opinions, skepticisms, and challenges related to this initiative. President Xi Jinping initiated the Silk Road Economic Belt (SREB) and the 21st‐century Maritime Silk Road (MSR) to boost regional cooperation, which was later officially named as the One Built One Road (OBOR) or BRI. To this date, more than 65 nations from Asia, Europe, and Northeast Africa have joined the “BRI,” to revive the old silk road. In an official document, “the Vision and Action of the OBOR,” China plans to realize five cooperation and development plans, comprising of six intercontinental economic corridors. These projects are expected to bring collective economic growth in BRI member economies while keeping China at the heart of such development. The five main facets of “OBOR” cooperation include infrastructure connectivity, policy communications, finance, trade, and people‐to‐people bonds to encourage regional cooperation and mutual growth.
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