I firmly believe that issues in relation to One Belt One Road and the relationships between China and the Australian government should be at the (national) government-to-government level. Volume 5, 2016 - Issue 2: China's “One Belt, One Road” Strategy and Asia. SOLUTION AT Australian Expert Writers. Trade facilitation barriers between countries also need to be addressed. Assignment status: Already Solved By Our Experts (USA, AUS, UK & CA Ph. Chinese authority has a largest influ-ence on OBOR initiative because of an initiator and largest economy [19]. Spanning more than 68 countries and encompassing 4.4 billion people and up to 40% of the global GDP, China's One Belt, One Road project is not short on ambition. Chinese President Xi Jinping announced one of China’s most ambitious foreign policy and economic initiatives at the end of 2013. An analysis of ‘One Belt One Road’ initiative on its impact on China -European Union trade relations between 2013-2020 Prepare an analysis of ‘One Belt One Road’ initiative on its impact on China -European Union trade relations between 2013-2020. China’s One Belt One Road (OBOR) global initiative is set to build land and ocean-related infrastructure to connect the country with Central and South Asia, Europe, Middle East and Africa. Not to join the Belt and Road Initiative would put Australia on the wrong side of history. It will let Chinese manufacturing and construction companies continue for a while to do the sort of work abroad that is winding down at home. The One Belt, One Road is indeed a massive worldwide project with many roads, railways, ports and maritime routes making up new and revived trade corridors. One Belt, One Road, Many Impacts. Pages 37-60 Published online: 28 Mar 2017. Stephen Coady No. This ancient Silk Road connected … impacts of the BRI are seen. This initiative involves China spending over $3 trillion during the next several decades on infrastructure investments in 68 countries. Belt and Road President Xi Jinping launched the Belt and Road Initiative in 2013 (at the time, it was known as the ‘One Belt One Road’ Initiative). Advertisement. One Belt, One Road has been interpreted as a rising China sharing its economic wealth, and the load of building the infrastructure of an Asian century, with its regional counterparts. The initiative, often referred to as “One Belt, One Road”, or “Belt and Road Initiative” (BRI) includes the construction of land-based transport connections between Asia and Europe and the creation of an economic belt for Eurasian cooperation. The Belt and Road Initiative and Philippine Participation in the Maritime Silk Road by Darlene V. Estrada . How Singapore can gain from One Belt, One Road initiative On Monday, Home Affairs and Law Minister K. Shanmugam spoke about the One Belt, One Road … Beijing knows this. Although known across the globe, it seems so far to have slipped largely under the radar of the shipping community, and will have great impact on trade and shipping in the years ahead. —Being one of the most competitive ports in West Africa, Abidjan Port aims to become the leading port in the region. China’s Silk Road was for centuries an invaluable network of trade routes connecting Eastern and Western Eurasia. One Belt One Road Initiative of China: Implication for Future of Global Development Md Nazirul Islam Sarker1*, Md Altab Hossin2, ... impact on global economy [11] [17] [18]. One Belt One Road (OBOR) is arguably one of the largest development plans in modern history. Submit an article Journal homepage. SOLUTION AT Australian Expert Writers. This leaves it economically exposed. The "one belt, one road" initiative is partly a short-term measure to alleviate overcapacity in China's cement, steel and aluminum industries by conjuring up export markets for them. Planned to incorporate over 7,000 infrastructure projects, China aims to use the Belt and Road as a means to boost trade and economic growth, creating in a sense a modern Silk Road. The impact of Belt and Road will be felt around the world and could boost global trade by up to 12%. China’s Belt and Road Initiative’s likely impact on Papua New Guinea Welcome, 22 May 2019 by David James Leave a Comment. David James considers some of the implications identified by analysts. ... Australia is heavily dependent on this one source of international cash flow. UNDERSTANDING CHINA’S BELT AND ROAD INITIATIVE 2 INTRODUCTION At the end of 2013 Chinese President Xi Jinping announced one of China’s most ambitious foreign policy and economic initiatives. -- Created using PowToon -- Free sign up at http://www.powtoon.com/youtube/ -- Create animated videos and animated presentations for free. In 2014, China initiated a massive economic development project called One Belt One Road (OBOR). Free and open company data on Australia company ONE BELT & ONE ROAD PTY LTD (company number 629642422), SYDNEY, New South Wales, 2000 2,482 Views 1 CrossRef citations to date Altmetric Original Articles Taiwan's Perspective on China's “One Belt, One Road” Strategy. China is definitely playing a long game which has as its outcome global hegemony. View further author information . Click Here To View Full Supplement. One Belt One Road can have positive net benefits for African countries, but much will depend on whether the China-Africa relationship can be placed on more equal footing. The Belt and Road Initiative (BRI, or B&R), known in Chinese and formerly in English as One Belt One Road (Chinese: 一带一路) or OBOR for short, is a global infrastructure development strategy adopted by the Chinese government in 2013 to invest in nearly 70 countries and international organizations. It is first and foremost a Chinese geopolitical project designed to advance China’s grand strategy. 9 October 2018 The Belt and Road Initiative (BRI), conceptualised as the Silk Road for the modern age, seeks to revive trade along two ancient land and sea routes as a model of inclusive development. Now, in the 21st century, it has been resurrected in the form of China’s Belt and Road Initiative. June 01, 2018 Author: Andrea Fiano. Called the Belt and Road initiative, the project is a vast infrastructure plan that will stretch across 64 nations in Asia, Africa, Europe and the Pacific region. An analysis of ‘One Belt One Road’ initiative on its impact on China -European Union trade relations between 2013-2020 Prepare an analysis of ‘One Belt One Road’ initiative on its impact on China -European Union trade relations between 2013-2020. appeared first on Essay Quoll. The goal is to recreate the old Silk Road, which flourished during the Han Dynasty in China between 207 BCE and 220 CE. The One Belt One Road (OBOR) project is perhaps China's most significant international relations initiative in recent times. The impact could be devastating. Many projects are under construction, and the BRI is open-ended. Global Finance's editor Andrea Fiano explains what is at stake with China's ambitious, transnational infrastructure plan. Papua New Guinea was the first Pacific country to sign up to China’s Belt and Road Initiative, an infrastructure development program across Eurasia. It also envisages maritime routes between China and all continents with which it may trade. - Essay Quoll. One Belt One Road Initiative (OBOR) was first introduced by Chinese government in 2013, which is a development strategy and framework that focuses on connectivity and cooperation among countries primarily in Eurasia. Philippines-China relations have gone through dramatic changes in recent months. Chienwu (Alex) Hsueh Correspondence c.hsueh@nccu.edu.tw. In this article, the impact of China One Belt One Road strategy on Abidjan port is being studied and analyzed by the Chinese The Belt and Road Initiative is one of China's most ambitious projects. 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