New Silk Road Implications of Economic Development in Central Asia

Abstract

The New Silk Road (NSR), one of China's most ambitious economic plans, was unveiled by President Xi Jinping in 2013 and is intended to act as the Central Asian component of the Eurasian Belt and Road Initiative (Belt Road) (BRI). By enhancing and expanding China's security arc westward, as well as developing them as a transportation corridor connecting China to Europe, Beijing is able to consolidate its current economic investments while also launching new projects in Central Asia and South Asia, as well as attracting new investment from other countries. The NSR, touted by China as simply a development project, is loaded with wide-ranging security implications. China's infrastructure security and investment concerns in Central Asia are examined in this research, which examines the interplay between these two issues. China's non-state retaliation (NSR) in Central Asia is investigated in three ways: With its securitization push, the Silk Road Initiative not only consolidates the power of the Central Asian regimes; it also grants China an important position managing safeguards; and it allows the ultra-rich to move between the lure of Chinese investments and the appeasement of popular fears about China's growing influence. According to this report, NSR aid and investment from China has received an overall favourable reaction in the area, with some countries concerned about the consequences of the project on their sovereignty and security, as well as the promise of connection and prosperity (a "win-win" situation). A look at China's growing security and economic commitment in Central Asia and the tight Sino-Russian friendship, as well as the areas of collaboration and complementarity between the two countries, is included in the article's concluding paragraphs.