New Chinese “Belt and Road Initiative” (BRI) in the Face of the European Union

Puślecki, Zdzisław W. (2020) New Chinese “Belt and Road Initiative” (BRI) in the Face of the European Union. B P International. ISBN 978-93-90206-76-6

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Abstract

In this research work, Author focus on the analysis new Chinese ‘Belt and Road Initiative’ (BRI) or
‘One Belt, One Road’ (OBOR) as a project launched by China to develop countries and improve
global connectivity and especially in the face of the European Union. The initiative is focused on
creating networks that will allow for a more efficient and productive free flow of trade as well as further
integration of international markets both physically and digitally. BRI is comprised of the ‘21st Century
Maritime Silk Road’ and the ‘Silk Road Economic Belt’ together they will connect more than 65
countries making up over 62% of the world’s population, around 35% of the world’s trade and over
31% of the world’s GDP. It will take the form of a series of highways, railways and ports as well as
facilities for energy, telecommunications, healthcare and education. It must be emphasized that the
initiative merges both the land-based Silk Road (from China via Central Asia to Turkey and the EU)
with the Maritime Route (via the Indian Ocean and Africa to Europe). Both routes were created with
the intention of developing transportation infrastructure, facilitating economic development and
increasing trade. This 21st-century initiative is not merely for China to romanticize its historical
legacies: it carries major strategic economic and geopolitical calculations. The main aim of the
article is the presentation the new Chinese ‘Belt and Road Initiative’ (BRI) as a project launched by
China to develop countries and improve global connectivity and especially in the face of the European
Union.

Item Type: Book
Subjects: Euro Archives > Social Sciences and Humanities
Depositing User: Managing Editor
Date Deposited: 08 Nov 2023 12:50
Last Modified: 08 Nov 2023 12:50
URI: http://publish7promo.com/id/eprint/3861

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