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China's One Belt One Road Initiative (Hardcover)
Loot Price: R3,261
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China's One Belt One Road Initiative (Hardcover)
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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 focuses
on 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 contemporary media
narratives related to the OBOR initiative and how contemporary
commentators appropriate narratives about historical events related
to the maritime Silk Road to interpret current policy agendas and
legitimize diplomatic or economic exchanges. In terms 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 fact that Euro-China High Speed
Rail (HSR) and Central Asia-China HSR are not viable at the moment
as passenger volume is not sufficient to justify the HSR line. This
section examines the overland route of the OBOR and looks at recent
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 various 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
that will determine the outcome of these projects.
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