| ID | 172613 |
| Title Proper | Belt and Road 2.0 Initiative and Russia |
| Language | ENG |
| Author | HEIFETZ, Boris ; Boris HEIFETZ, Nikita STEPANOV ; Stepanov, Nikita |
| Summary / Abstract (Note) | This article analyzes the six-year period of implementation of the global Chinese project One Belt, One Road (OBOR), or the Belt and Road Initiative (BRI). Its positive aspects are highlighted: expanding the number of participants and their areas of interaction, creating a powerful financial base, creating new transborder transportation routes, increasing trade and investment among the countries participating in the project. Problems have been identified, including the lack of transparency of OBOR projects, insufficient consideration of national interests and local needs of China's partners, increasing their geopolitical risks, and the "debt trap" of Chinese loans. Possible ways of deepening the Russian-Chinese interaction at the new stage of BRI 2.0 development are proposed. |
| `In' analytical Note | Far Eastern Affairs Vol. 48, No.1; 2020: p.55-74 |
| Journal Source | Far Eastern Affairs Vol: 48 No 1 |
| Key Words | Soft Power ; Debt Trap ; One Belt, One Road ; Fourth Industrial Revolution ; Hybrid Economic Partnership ; Conjugation With The Eaeu ; Northern Sea Route (Nsr). |