China’s ‘One Belt One Road’ Project And Asia Infrastructure Investment Bank Cover Image

Çin’in ‘Tek Kuşak Tek Yol’ Projesi Ve Asya Altyapı Yatırım Bankası
China’s ‘One Belt One Road’ Project And Asia Infrastructure Investment Bank

Author(s): Kaan Yiğenoğlu
Subject(s): National Economy, Business Economy / Management, Financial Markets
Published by: Bartın Üniversitesi, Sosyal Bilimler Enstitüsü
Keywords: One Belt One Road; The New Silk Road Project; Asia Infrastructure Investment Bank; China’s Grand Strategy;

Summary/Abstract: 'One Belt One Road' (OBOR) initiative is shown as one of the most important foreign policy achievements of the People's Republic of China (PRC). The OBOR initiative has economic, political and socio-cultural dimensions. Through OBOR, PRC will become a production base and provide the opportunity to trade in a wide geographical region extending to Europe. With the OBOR initiative, which is described as a very strategic move in terms of diplomacy, the PRC is experiencing important projects in the field of energy and transportation, especially infrastructure. Asia Infrastructure Investment Bank (AIIB) is a leading financial institution in the financing of infrastructure projects. Thanks to OBOR, PRC aims to meet the need for capital and technical services required for project financing and develop economic and political relations with neighboring countries. From the geoeconomic and geopolitical point of view, OBOR and AIIB will facilitate for the investments of PRC's companies. These initiatives, which will change regional balances, are expected to pave the way for significant opportunities for PRC. However, there are various challenges facing the PRC. In this study, firstly tried to explain various aspects of OBOR initiative. Later on, the foundation, goals, and objectives of the AIIB were emphasized.

  • Issue Year: 3/2018
  • Issue No: 1
  • Page Range: 10-28
  • Page Count: 19
  • Language: Turkish