Abstract

Originally dubbed the One Belt One Road Initiative (OBOR), the Belt and Road Initiative (BRI) was China's 2013 global infrastructure plan to invest in over 150 nations and international organisations. It connects countries together and improved many infrastructure facilities. Now the BRI has passed its ten-year anniversary, within new socioeconomic status around the globe, China must develop new strategies to let the BRI to impact other countries successfully and positively. In the future, the BRI is likely to be influenced by five factors: Chinas current economy flow, the economy in Europe and Indo-pacific areas, other countries viewpoint on the BRI, the feasibility and effectiveness of Western alternatives and how popular and attractive the existing BRI projects are. The most important factor is that the goal of BRI is to create a community with a shared future of mankind, it is important to let other countries to understand this value and jointly build the BRI in the future.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.