Abstract
China’s One Belt One Road Initiative is a global economic
interconnectivity project that connects the countries through seaports,
economic corridors, roads, railways, canals, bridges, gas and oil
pipelines etc. In 2013, the initiative is firstly proposed by China’s
president Xi Jinping. The major objective of the initiative is to build a
peaceful, cooperative and interdependent world for promoting mutual
economic development and social prosperity. The certain western and
Asian countries says that China’s growing economic influence and rise
particularly through the initiative is not peaceful. These countries are
U.S., Japan and India which considers China as a rising threat for their
interests and influence. China is promoting through this initiative a
mutual economic development and social prosperity along with the values
of common peace, cooperation and interdependence. It is empowering the
developing countries of the Asian region by promoting economic
development to them. On Road initiative, China is connecting the entire
Asian region by linking the seaport infrastructures through sea-lanes,
economic corridors and roads and railways network. Under the sidelines
of the initiative, China is financing and constructing various development
projects in each Asian country that have a seaport. These development
projects are the establishment of free-trade economic zones, energy
development projects of gas, oil and electricity, construction projects of
roads, railways and pipelines and many other social development
projects. The paper examines China’s progressive role for mutual
development particularly in Muara Port, Brunei and Sihanoukville Port,
Cambodia.
Aasia Khatoon Khattak, Iram Khalid. (2017) CHINA’S ONE BELT ONE ROAD INITIATIVE: TOWARDS MUTUAL PEACE & DEVELOPMENT, Journal of the Research Society of Pakistan, Volume 54, Issue 1.
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