How the chinese are modeling the new silk road: the AIIB and the “One Belt One Road” initiative

I would like to share the following map explaining the “One Belt One Road” initiative (一带一路) (Merics). This is to me one of the best examples of China’s global strategy of investment in infrastructure to support its commercial empire.

This new economic strategy developed by the chinese government since 2013 follows two main routes, by land (Silk Road Economic Belt – SREB) and by sea (Maratime Silk Road – MSR).

It is supported by numerous chinese infrastructure projects such as the Piraeus Port, already studied in this blog, which will reinforce China’s export capacity to South-East Asia and the Middle-East, but also to Africa and Europe.

It is yet another example of how chinese-led financial institutions, such as the AIIB (Asian Infrastructure Investment Bank)  and the more specific Silk Road Fund (developed by Xi JinPing in 2014), challenge the US-led institutions (World Bank and Asian Development Bank). This is especially true in developing countries which do not always comply with international standards (with many examples in this blog, such as the loan-for-oil strategy in Venezuela or geopolitical investments in Cuba, Greece or Algeria).

China silk road One Road One Belt policy

 

Another Merics great map showing the AIIB member states.

ob_1fcac7_one-belt-one-road

One Belt One Road – AIIB members

Here is a great article in English with more information:
The AIIB and china’s one belt one road initiative (Brookings)

Excellent article with a recap of chinese projects to sustain the new silk road
La Chine et la nouvelle route de la soie (Bouger les lignes, french blog)

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