ID | 155343 |
Title Proper | One Belt, One Road |
Other Title Information | a major benefit to the world |
Language | ENG |
Author | Hui, Li |
Summary / Abstract (Note) | THE ONE BELT, ONE ROAD (OBOR) initiative is the most wide-ranging public project that China has proposed to the global community so far. Since 2013, when the initiative was put forward, it has been joined by more than 100 countries and international organizations, with over 40 states signing cooperation agreements with China. China's aggregate trade with countries along the OBOR line has totaled $3.1 trillion. Chinese corporate investment in these countries has exceeded $49.3 billion. Fifty-six trade and economic cooperation zones have been created in 20 countries with an accumulated investment of $17.9 billion, which has generated $960 million in tax revenues and 163,000 jobs for the host countries, stimulated economic development, and benefited the global economy. |
`In' analytical Note | International Affairs (Moscow) Vol. 63, No.4; 2017: p.61-64 |
Journal Source | International Affairs (Moscow) Vol: 63 No 4 |
Key Words | Globalization ; One Belt ; One Road Initiative ; High-Level Forum |