Is the belt and road initiative a threat?
To answer the opening question – is China’s BRI a benefit or threat to the U.S.? – we can state that the BRI is not a threat, although more transparency would help the United States and other countries to understand the benefits and increase trust in BRI projects.
Is China’s Belt and Road Initiative BRI a good thing?
The Belt and Road Initiative in Asia China views the BRI as vitally important in securing its borders on the Asian mainland. It has land borders with 15 nations, including unstable states such as Afghanistan and nations seeking new partnerships in opposition to the US, such as Russia.
Why is China’s belt and Road Initiative so controversial?
The Chinese Government is keen to use the initiative to achieve important economic policy objectives, but some Chinese financiers and policymakers are cautious about funding risky Belt and Road projects outside of China, fearing poor return on their investments.
What does Xi Jinping’s vision of a more assertive China mean?
Xi has promoted a vision of a more assertive China, while slowing growth and rocky trade relations with the United States have pressure d the country’s leadership to open new markets for its goods. To date, more than sixty countries—accounting for two-thirds of the world’s population—have signed on to projects or indicated an interest in doing so.
Did Xi Jinping launch Obor to counterbalance US policies?
In 2015 Justin Yifu Lin, an influential policy adviser and a former chief economist at the World Bank, argued President Xi had launched OBOR to counterbalance US policies such as the pivot and the Trans-Pacific Partnership (TPP).
What does Xi Jinping’s China work conference mean for foreign policy?
Xi clearly sees China’s considerable economic resources as a key tool in his efforts to maintain regional stability and assert China’s leadership in the country’s neighbourhood. Analysts regard the work conference as a significant turning point in the evolution of China’s foreign policy.