The importance and political - economic position (Silk Road) of China (review, goals, obstacles and challenges)

Year 2023, Volume: 10 Issue: 6, 2742 - 2768, 23.01.2024

Mohammad Ekram Yawar

Abstract

Asia is facing new developments and various actors have presented plans to achieve their goals
in its various regions. China is one of these emerging players that have proposed the plan to revive the
Silk Road in order to become a world power. This route represents a fundamental element of China's
foreign policy strategy aimed at extending its sphere of influence to diverse regions. And it consists of
two parts of the Economic Belt and Road. "New" "Maritime Silk Road" has been formed. The competition
between China and America in the international economy shows the increasing influence of China in
the Asian economy and the spectacular growth of China's economic and commercial activities in Africa
compared to other powers, especially the United States. Given this, the authors question whether China's
innovations, contrary to Beijing's claims, can materialize, or if obstacles impede fruition. Our conjecture
is that due to high expenses, U.S. competition, environmental issues, and insufficient support, success
for these plans seems doubtful, at least in the foreseeable future.

Keywords

China, New Silk Road, Central Asia, Russia and America.

The importance and political and economic position (Silk Road) of China (review, goals, obstacles and challenges)

Abstract

Asia is facing new developments and various actors have presented plans to achieve their goals
in its various regions. China is one of these emerging players that have proposed the plan to revive the
Silk Road in order to become a world power. This route represents a fundamental element of China's
foreign policy strategy aimed at extending its sphere of influence to diverse regions. And it consists of
two parts of the Economic Belt and Road. "New" "Maritime Silk Road" has been formed. The competition
between China and America in the international economy shows the increasing influence of China in
the Asian economy and the spectacular growth of China's economic and commercial activities in Africa
compared to other powers, especially the United States. Given this, the authors question whether China's
innovations, contrary to Beijing's claims, can materialize, or if obstacles impede fruition. Our conjecture
is that due to high expenses, U.S. competition, environmental issues, and insufficient support, success
for these plans seems doubtful, at least in the foreseeable future.

Keywords

China, New Silk Road, Central Asia, Russia and America.

References

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