China – Economic Threat or an Opportunity

Vipul Arora
Macquarie University, Sydney

Volume III, Issue III, 2020

The objective of this research paper is to dissect, China’s big-bang multiple programs of infrastructure development, (at the time when all eyes have been paying attention to the ongoing US-China trade war), amongst them its long term global investment strategy known as the Belt and Road Initiative (BRI) is the most ambitious project.  China’s BRI, surrounding the land-based Silk Road Economic Belt and the Sea based 21st Century Maritime Silk Road, is the largest polygonal transportation construction project of the world. With China taking giant leaps in investment and trade initiatives like Belt and Road initiative (previously called OBOR- One belt One road, now BRI is the official name for it, its economic and monetary influence on rest of the world with emphasis on East Asian countries, chiefly regarding trade and investment (Chan, 2018). With this huge project in action, China’s geopolitical profile has gone up significantly. In this essay, the researcher has tried to find out the hidden Chinese agenda behind debt-fuelled trade and industry expansion strategy and the curve of Chinese monetary and fiscal contemplation. (McCawley, 2018)

 

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