CHINA’S ONE BELT ONE ROAD INITIATIVE

Amazon.com Price: $101.99 (as of 11/10/2019 04:18 PST- Details)

Description

Chinese President Xi Jinping launched the Silk Road Economic Belt component of the One Belt One Road (OBOR) initiative at Kazakhstan in 2013. OBOR is a development strategy and framework that makes a speciality of connectivity and cooperation among countries primarily in Eurasia. It consists of two main components, the land-based “Silk Road Economic Belt” (SREB) and ocean-going “Maritime Silk Road” (MSR). This book studies the equilibrium or balance between overland and maritime trade routes of OBOR. This book has two major sections. The interpretive section examines latest media narratives related to the OBOR initiative and how latest commentators appropriate narratives about historical events related to the maritime Silk Road to interpret current policy agendas and legitimize diplomatic or economic exchanges. In the case of institutional studies, the chapters related to Asian Infrastructure Investment Bank (AIIB) will look at the issues facing the Bank in its quest in forming a new world platform for multilateral development financing. The other section, the empirical case study of the publication highlights the truth that Euro-China High Speed Rail (HSR) and Central Asia-China HSR aren’t viable this present day as passenger volume is not sufficient to justify the HSR line. This section examines the overland route of the OBOR and looks at contemporary Chinese HSR history and conventional sub-high speed rail technology development, and identifies technical & economic criteria determining the appropriate technology for a certain line. The chapter in this section will use the developed criteria to analyze the quite a lot of rail linkage projects currently under study in the OBOR framework, highlight the economic, bureaucratic and geo-political challenges that these projects likely face and lay down conditions so that it will resolve the outcome of these projects.

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