One Belt One Road Initiative: A win-win Partnership

Abstract

In September 2013, the Chinese president Xi Jingpin announced his vision of a “Silk Road Economic Belt” during his visit at the Nazarbayev University in Kazakhstan. The initiative aims to promote economic integration by building transport, linkages and energy infrastructure along the historical routes for the ancient Silk Road as early as 2,000 years ago, to deepen and expand the surface, sea, and air linkages with more than 60 countries all over Asia, Africa and Europe. This study will discuss the main purposes and goals for this initiative to China and will examine the challenges that face this initiative. In addition to that, this paper will study the implications of the initiative on the participating countries all from Africa–Asia and Europe. And the US perspective and point of view to this new One Belt One Road OBOR or what it known also the Belt and Road initiative BRI or B&R.