For this reason, even though one belt one road initiatives possible effects on world politics and international political economy are also elaborated on, main focus. The plan is a bit of a grab bag, but seems to include the following. Download 1,194 one belt one road stock photos for free or amazingly low rates. Security challenges of one belt one road initiative. On service network improvement for shipping lines under the one belt one road initiative of china transportation research part e. With total infrastructure spending across developing countries, on average. In 20, the peoples republic of china prc announced its ambitious one belt, one road obor initiative. Also called one belt, one road obor, it is chinas bold new vision for a network of routes featuring an overland trade route through central asia to europe, and a new version of the maritime silk road through southeast asia to the middle east and africa, together spanning more than 60 countries with a.
Effective liner shipping is important for the global seaborne trade. Ship scheduling and network design for cargo routing in. Ivory coast and china established their diplomatic relations in 1983. Chinese one road, one belt and its complementary 21th century maritime silk road are working on building these missing networks. The twopart initiative called one belt, one road includes both land and sea routes and the opening of multiple economic corridors, spanning an area that covers almost twothirds of the worlds population and a third of global gdp. Which obstacles are there, and what advantages does the route offer. What is the one belt one road obor the belt or silk road economic belt, and the road or maritime silk road are designed to be complementary, aiming for better infrastructure and connectivity to boost the growth of the countries along the belt and the road which obor covering about 65% of the worlds population, about one third of. Obor in the context of the ccps evolving foreign policy canon 11. Also last week, cosco shipping agreed to buy a 10% share in the shanghai rural commercial bank, diversifying its investment portfolio. Index termstrade potential, one belt one road, gravity model, port development. Indeed, one belt, one road represents a striking departure in chinese policy. That is the new china initiative to rebuild the old silk road along modern principles. The impact of china one belt one road on abidjan port.
World container port handling and throughput as shown in table 4. How one belt one road initiative will impact shipping. Introduction shipping is a service industry that generally provides cargo transportation of international trade. It has a particular emphasis on hong kong service providers, evaluating their role in facilitating mainland. Chinas one belt one road obor global initiative is set to build land and oceanrelated infrastructure to connect the country with central and south asia, europe, middle east and africa. In late march, the port of rotterdam authority organised the very wellattended one belt, one road obor seminar for shippers and operators.
Along the belt, roads, rail links, dry ports and industrial zones are being developed. One road obor initiative will build roads, ports and railway tracks along ancient trading routes to asia. This paper presents an overview of the recent development of eurasian rail freight in the one belt, one road era and further evaluates its service quality in terms of transit times and transport. On service network improvement for shipping liners. The celebrated revival of the silk road would seem to herald the return of chinas charm offensive, winning over neighbors and other countries. This policy is designed to enhance connectivity and economic. Total expected financing associated with the belt and road initiative. Chinas one belt one road initiative will impact the. Top container ship trade routes geopolitical futures. Case study of chinagermany trade maritime economics research center hamburg business school, university of hamburg 1 executive summary chinas one belt, one road obor initiative has caused great media attention and heated discussions globally since announced. It will be used to improve connectivity along the one belt, one road by financing infrastructure, resources, industrial and financial cooperation projects, probably with an initial focus. Here is some background on what already has been done. One belt one road policy implication on logistics route competition. The bri will see these routes renewed and improved through a number of largescale infrastructure projects.
One belt one road is a chinese initiative to connect more than 60 countries 64 at present with physical, commercial, cultural, and other links one belt the silk road economic belt, a recreation of land based trade routes from china through central asia and on to the middle east and europe. How one belt one road initiative will impact shipping chinas one belt one road obor aims to connect the country with central and south asia, europe, middle east and africa. Named after one of chinas most valuable exports, the silk road has played a significant role in shaping political and economic relations between countries located along the route and helped. Prospects and challenges on chinas one belt, one road. Hoegh autoliners explains how this new initiative will have a great impact on. Although known across the globe, it seems so far to have slipped largely under the radar of the shipping community, and will have great impact on trade and shipping in the years ahead. The humbly named belt and road initiative bri is anything but humble. This is also the rationale behind the decision of many middle eastern countries to join. One belt, one road obor members research service page 5 of 12 that run parallel to or link the belt and the road. One belt one road stock photos download 1,194 royalty. The publication provides informed consideration about the opportunities and implications of obor. Sheu and kundu sees one reason to develop this idea. One belt, one road and chinas international relations. The volume of cargoes transported by liner shipping has been increasing over the past decades.
Chinas one belt, one road, a drive for great britains. In the fall of 20, president xi jinping of the peoples republic of china prc invoked the ancient silk road when announcing the one belt, one road obor initiative. Rather than a singular route, as the name might suggest, the bri is composed of six major economic corridors see figure 1. Trade impacts of the belt and road initiative ing think. Chinas one belt, one road obor project is dubbed as the countrys longterm national grand plan for the coming two to three decades. The one belt, one road initiative global trade analysis project. A practical assessment of the chinese communist partys roadmap for chinas global resurgence 1.
Huwen administration 20022012 xili administration 20122017. Chinas one belt one road initiative obor is an inclusive project that is pregnant to profound changes for international political economy but also for chinese political economy. Maritime silk road routes and possible key port destinations. China has highlighted five different priorities for the bri. The plans for the maritime silk road affect the existing liner services. One of the most prominent aspects of the belt and road initiative is a change possibly a reshaping in the pattern of global ownership and control of. One belt, one road, or the new silk road for china. Introduction built in 1950, abidjan port is the main port of ivory coast, which is the second largest economy of west africa. One belt one road initiative is seen as an initiative that looks out for the chinas internal problems, rather than the matters regarding foreign policy. Since the economic strategic conception of one belt and one road put forward by president xi, one belt and one road.
The chinese logic for global development by feng bing is the first book which systematically illustrates this strategy, comprehensively analyzes its international and domestic background and profound motive, presents the consistent. Onebeltoneroad policy implication on logistics route. The one belt one road initiative is seen by some as beijings effort to change the worlds power dynamic and establish new rules to its standard. Often, the shipping industry is categorized into two major sectors. For the first time, china is seeking to export its development model to other countries. Creating potential new shipping routes by the obor. In 20, the peoples republic of china has announced its intention to invest a lot of effort and money in reestablishing the historic silk route called one belt one road obor in china in order to stimulate trade with central asia, south and asia, the arabian peninsula, and mediterranean europe, as lee describes. One belt, one road for foreigners opinion chinadaily. Obor plans to weave asia, europe, africa, and the middle east closer. In case you havent heard of it or dont know the details, heres a brief and easytodigest summary of. One of the biggest stories in asian business is chinas one belt, one road initiative, an economic and diplomatic program that could transform trade. What is the one belt one road obor the belt or silk road economic belt, and the road or maritime silk road are designed to be complementary, aiming for better infrastructure and connectivity to boost the growth of the countries along the belt and the road which obor covering about 65% of the worlds population, about onethird of.
Assessing the impact of the maritime silk road sciencedirect. Cosco purchased one half of a 20% stake in the bank, sold by australia and new zealand banking group. One belt, one road the internationalization of chinas soes. Recently theres been a lot of talk about the one belt, one road initiative. Chni a is leadni g the effort to create the wordl s largest economic platform. The future of trade in asia could depend heavily on what becomes of chinas expansive one belt, one road initiative, which calls for massive investment in and development of trade. Read how obor affects indias foreign policy like the blue dot network initiative. One belt, one road mapping chinas main outbound route. Pdf assessing the impact of the maritime silk road researchgate. The belt and road refer to the overland and maritime trade routes between china, europe, the middle east, and east africa. Approximate 90% cargo volume of international is transported by sea. Chinese companies, of course, have been hugely active throughout latin america and subsaharan africa in the past decade, investing in commodities and extractive industries and.
These initiatives have created more favorable external conditions for soes to invest abroad and thus ushered in a new age of internationalization. One belt one road obor initiative of china involves infrastructural development and investments in many countries across continents of asia, europe, africa and america. Belt and road president xi jinping launched the belt and road initiative in 20 at the time, it was known as the one belt one road initiative. Because how does this new silk road by train to and from china work exactly. The route has been proposed as an economic instrument to help its own growth, but also to modernize ports. These economic corridors differ largely in size and are at various stages of planning and implementation, with some relying on existing infrastructure or projects integrated into the obor initiative. The plan involves more than 60 countries, representing a third of the worlds total economy and more than half the global population. Pdf eurasian rail freight in the one belt one road era.
One belt, one road and the history of the maritime silk route. One belt one road, the new silk road how it will affect shipping. Belt and road initiative bri, also known as one belt, one road. Pdf the plans for the maritime silk road affect the existing liner services. Chinas one belt one road initiative an indian perspective. Part of a joint research initiative by hktdc research and the shanghai academy of social sciences, this study provides an overview of the performance of chinas overseas economic and trade cooperation zones and their role within the belt and road initiative. The other 10% was sold to the shanghai sinopoland enterprise management development corporation. Maritime one belt one road, the new silk road how it. The one belt one road obor initiative, established by president xi jinping of china, is an extensive longterm infrastructure initiative modernizing the original silk road trading routes.
52 128 86 1285 1199 1316 534 1051 1123 1340 1401 560 786 624 983 1484 244 1309 410 1036 487 919 1120 863 1280 908 115 1240 1258 366 893 434 640 532