China’s “One Belt, One Road” Initiative: Prospects and Challenges
China’s “One Belt, One Road” Initiative: Prospects and Challenges
Author(s): Francisco Gómez MartosSubject(s): National Economy, International Law, International relations/trade
Published by: Uniwersytet Adama Mickiewicza
Keywords: One Belt; One Road Initiative; Silk Maritime Road; Asian Infrastructure Investment Bank; Eurasian Economic Community; Transpacific Partnership Agreement; Regional Comprehensive Economic Partnership;
Summary/Abstract: The launching of “One Belt, One Road” (OBOR) Initiative by president Xi Jinpin is an essential instrument of the Strategy aiming to maintain the internal control and political stability and dynamises an ailing Chinese economy. The concept of OBOR is ambitious but ambiguous, perfectly in line with traditional Chinese pattern: “Hide our capabilities and bide our time.” In this context, a question is posed: Is China ready to abide by international law and be a reliable political and trade partner? The author analyzes the prospects and challenges of the Chinese Strategy and try to identify what are the real objectives of this project which may bring potential benefits but also important risks for its Asian neighbours and the international community at large.
Journal: Przegląd Strategiczny
- Issue Year: VII/2017
- Issue No: 10
- Page Range: 319-334
- Page Count: 16
- Language: English