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Bri Obor

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22 views

Bri Obor

Uploaded by

21ke23b17803
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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_Research activity_

BRI_OBOR

The Belt and Road Initiative (BRI), formerly known as One Belt One Road (OBOR), is
not an invasion but a global development strategy launched by China. It was
officially announced by President Xi Jinping in 2013. The initiative aims to build
infrastructure and enhance trade routes across Asia, Europe, and Africa.

How is China capturing the world market ? OBOR

China’s Belt and Road Initiative (BRI), previously known as One Belt One Road (OBOR), is a
massive global development strategy launched in 2013. It aims to enhance global trade
and stimulate economic growth across Asia and beyond by developing trade routes and
infrastructure.

how it captures the world market:

1. Infrastructure Investments: China invests heavily in building infrastructure like roads,


railways, ports, and airports in participating countries. This improves connectivity and
trade routes, which can lead to increased trade and investment opportunities for China.

2. Economic Ties: By funding and participating in major infrastructure projects, China


creates strong economic dependencies and partnerships with countries involved in the BRI.
This often results in increased trade and investment flows between China and these
countries.

3. Debt Diplomacy: Some critics argue that the BRI can lead to debt dependency. By
providing loans for infrastructure projects, China can influence and leverage its economic
position over participating countries, sometimes leading to political and economic
concessions.

4. Market Access: The BRI helps Chinese companies gain access to new markets and
resources. Improved infrastructure and better trade routes make it easier for Chinese
goods to reach international markets, boosting China’s export potential.

5. Soft Power: Through the BRI, China can expand its cultural and political influence
globally. By fostering partnerships and investing in local economies, China builds goodwill
and strengthens its global presence.

Overall, the BRI is a strategic move by China to expand its global influence and economic reach, impacting
many regions around the world.

. How Does China’s Belt and Road Initiative Impact Global Infrastructure
Development?

_ The BRI helps build roads, railways, ports, and airports in many countries, improving
connectivity and boosting trade.

2. What Are the Economic Effects of BRI Investments on Trade and Investment Flows?

_ BRI investments create new trade routes and enhance economic ties, leading to increased trade
and investment between China and partner countries.

3. In What Ways Does China Use Soft Power Strategies to Promote Its Culture and Values
Globally Through the BRI?

_ China promotes its culture through Confucius Institutes, media, and cultural exchanges, which
helps improve its global image and influence.

4. How Are Confucius Institutes and Cultural Exchanges Enhancing China’s Global Influence?

_ Confucius Institutes teach Chinese language and culture, while cultural exchanges build
relationships and foster goodwill, boosting China’s global presence.

5. What Role Does China Play in the Global Technology Market, Particularly in 5G and Artificial
Intelligence?

_ China is a major player in 5G technology and artificial intelligence, with companies like Huawei
leading the way in these fields globally.

6. How Does the BRI Influence the Adoption of Emerging Technologies Worldwide?

_ Through investments and partnerships, the BRI helps spread new technologies, including 5G
and AI, to various countries, shaping global tech trends.

_What could be the impact of the initiative?


OBOR could stimulate Asian and global economic growth and make it more
sustainable. In particular, countries along the corridor — especially those with
underdeveloped infrastructure, low investment rates, and low per-capita
incomes — could experience a boost in trade flows and benefit from
infrastructure development. China would be able to better secure its energy and
raw materials supply — which now predominantly gets shipped through the Strait
of Malacca and the South China Sea.

Why OBOR?

Some consider the initiative China’s plan to ensure markets for its growing excess
capacity in the construction industries as economic expansion and domestic
investment slow. While it is true that the New Silk Road needs a lot of investment,
even the highest estimates would constitute a relatively modest share of China’s
$5 trillion annual investments back home. Investments of $1 trillion over 10-15
years is not going to absorb a lot of China’s overcapacity.

The links

_ https://blogs.worldbank.org/en/eastasiapacific/china-one-belt-one-road-
initiative-what-we-know-thus-far

_ China’s Massive Belt and Road Initiative 

Personal opinion_

In my view, the Belt and Road Initiative (BRI) represents a strategic effort by China to expand
its global influence through infrastructure development and trade connectivity. By investing
in projects across various continents, China is not only opening up new markets for its goods
and services but also creating economic dependencies that could strengthen its geopolitical
position. While the initiative has the potential to drive significant economic growth in
participating countries, it also raises concerns about debt sustainability and the balance of
power on the global stage.

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