Chinese officials adopted the Belt and Road Initiative, also called the One Belt One Road (OBOR), or the New Silk Road in 2013, to promote infrastructure development in Asia, Europe and Africa. The project involves construction of roads, rails, ports and airports as well other infrastructure projects within the participating countries.
BRI could have significant implications for US strategic interests and impact global supply chains. The BRI’s main goal is to increase connectivity among participating countries, and integrate a global supply chain that is more efficient and seamless. The BRI could increase trade and economic cooperation between participating countries. It may also lead to greater influence of China in international economic affairs.
Order an Essay Now & Get These Features For Free:
Turnitin Report
Formatting
Title Page
Citation
Outline
