The Silk Road Economic Belt and the 21st-century Maritime Silk Road, also known as The Belt and Road (abbreviated B&R), One Belt, One Road (abbreviated OBOR) or the. One Belt, One Road Xi Jinping’s ambitious strategic initiative – an adaptation of the historical Silk Road – could sow the seeds for a new geopolitical era.
The One Belt One Road initiative (OBOR) – the combination of a land-based Silk Road Economic Belt and a sea-based 21st Century Maritime Silk Road – is a major. One Belt, One Road - Wikipedia, the free encyclopedia. One Belt, One Road Economies. The Silk Road Economic Belt and the 2. Maritime Silk Road, also known as The Belt and Road (abbreviated B& R), One Belt, One Road (abbreviated OBOR) or the Belt and Road Initiative is a development strategy and framework, proposed by Chinese paramount leader. Xi Jinping that focuses on connectivity and cooperation among countries primarily between the People's Republic of China and the rest of Eurasia, which consists of two main components, the land- based . The strategy underlines China's push to take a bigger role in global affairs, and its need for priority capacity cooperation in areas such as steel manufacturing. It was also promoted by Premier. Li Keqiang during the State visit in Asia and Europe. Infrastructure networks. Oceania and East Africa are also included. Anticipated cumulative investment over an indefinite timescale is variously put at US$4 trillion or US$8 trillion. Essentially, the 'belt' includes countries situated on the original Silk Road through Central Asia, West Asia, the Middle East, and Europe. Thank you for visiting Obor Machinery website. Our business is to provide total apparel solutions (Home, garment and shoes/leather) to your needs.The initiative calls for the integration of the region into a cohesive economic area through building infrastructure, increasing cultural exchanges, and broadening trade. Apart from this zone, which is largely analogous to the historical Silk Road, another area that is said to be included in the extension of this 'belt' is South Asia and Southeast Asia. Many of the countries that are part of this belt are also members of the China- led Asian Infrastructure Investment Bank (AIIB). North, central and south belts are proposed. North belt goes through Central Asia, Russia to Europe. Central belt goes through Central Asia, West Asia to the Persian Gulf and the Mediterranean. South belt starts from China to Southeast Asia, South Asia, the Indian Ocean. Central belt is spoken down due to complex religion problems and separation movement along the belt. Maritime Silk Road. The CPEC in particular is often regarded as the link between China's maritime and overland silk road, with the port of Gwadar forming the crux of the CPEC project. Financial institutions. As of 2. 01. 5, China announced that over one trillion yuan ($1. US) of infrastructure projects were in planning or construction. The proposed multilateral bank has an authorized capital of $1. Asian and Oceanian countries. China will be the single largest stakeholder, holding 2. The bank plans to start operation by year end. As a fund its role will be to invest in businesses rather than lend money for projects. The Karot Hydropower Station in Pakistan is the first investment project of the Silk Road Fund, . This steering committee reports directly into the State Council of the People's Republic of China and is composed of several political heavyweights, evidence of the importance of the program to the government. Vice- Premier Zhang Gaoli, who is also a member of the 7- man Politburo Standing Committee, was named leader of the group, with Wang Huning, Wang Yang, Yang Jing, and Yang Jiechi being named deputy leaders. The anchor of TVMost, Dong Fong Sing (. Hong Kong Economic Journal. Retrieved 1. 8 September 2. University World News. Retrieved 1. 8 September 2. Retrieved 1. 8 September 2. The Asian Infrastructure Investment Bank: The Construction of Power and the Struggle for the East Asian International Order. Xinhua Finance Agency. One Belt, One Road gets record- breaking 4. South China Morning Post. Hong Kong Economic Journal.
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