Belt and Road Initiative (BRI)

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  • Belt and Road Initiative: An opportunity or risk for Africa?

    China's Belt and Road Initiative helps African countries in reducing the infrastructure gap in the region. However, it also leaves them open to the risk of unsustainable debt.

    April 15, 2019

    Ashok Kumar asked: What is the politico-strategic impact of China's SEZ in Kyaukphyu and the China-Myanmar Economic Corridor on India? Why India has not been able to achieve such advantages in Myanmar?

    Udai Bhanu Singh replies: China-Myanmar Economic Corridor (CMEC) has been touted as a flagship project of Beijing’s Belt and Road Initiative (BRI) in Myanmar. A memorandum of understanding (MoU) to establish CMEC was signed between the two countries in September 2018.

    China’s Belt and Road Initiative and India’s Concerns

    The successful conclusion of the Belt and Road Initiative (BRI) Summit in Beijing recently has raised a number of questions about India’s strategy to counter the Chinese project. The One Belt One Road (OBOR) initiative which China is implementing along with other partners is primarily aimed at strengthening its economy which was impacted by the global financial crisis of 2008–2009. Through this flagship scheme China will develop large-scale projects in infrastructure such as roads, railway lines, sea ports and airports.

    July 2018

    Parth Sharma asked: What are India's principal objections on BRI, apart from her sovereign claims vis-à-vis CPEC?

    Abhay Kumar Singh replies: China’s Belt and Road Initiative (BRI) is one of the most imaginative and ambitious programmes ever to be rolled out by a government. It represents a broad strategy for China’s economic cooperation and an expanded presence in Asia, Africa, and Europe. BRI has been presented by China as a win-win initiative for all participating nations. At a broader level, the idea of enhancing connectivity across Asia and between Asia and Europe resonates with India’s approach towards regional cooperation.

    The Belt and Road Initiative: Exploring Beijing’s Motivations and Challenges for its New Silk Road

    This article argues that Beijing’s ambitious ‘Belt and Road Initiative’ (BRI) is driven by the convergence of Innenpolitik and Aussenpolitik motivations including a desire: to counterbalance perceived American predominance; to ensure economic growth to underpin the CCP’s legitimacy; and to present China as a viable alternate global leader to the United States.

    March 2018

    Suchak Patel asked: As China continues to encircle India, earlier through ‘string of pearls’ and now the Belt and Road Initiative, why is India still hesitant to form a ‘Democratic Quad’?

    Prashant Kumar Singh replies: The question posed appears to be based on three assumptions, agreeing to which is a little difficult. First, China is encircling India through ‘string of pearls’ and the Belt and Road Initiative (BRI). Secondly, that the proposed ‘Democratic Quad’ is a response to this encirclement. Thirdly, India is hesitant to form the ‘Quad’ and that it is India’s hesitance alone that is holding up its formation.

    Bhumish Khudkhudia asked: What are India's stakes in the 'Partnership for Quality Infrastructure' initiated by Japan? Will it be more beneficial than China's ‘One Belt, One Road’?

    Titli Basu replies:To pursue Japan’s ‘Free and Open Indo-Pacific Strategy’, Prime Minister Shinzo Abe designed his signature initiative — Partnership for Quality Infrastructure (PQI) in May 2015, later upgraded as Expanded Partnership for Quality Infrastructure (EPQI) in May 2016, to finance infrastructure projects of approximately US$ 200 billion across the Indo-Pacific over the next five years (2017-21).

    The Brexit-Belt and Road Axis: India for Neighbourhood First

    China's Belt & Road Initiative (B&RI), also known as One-Belt-One-Road (OBOR), depends for its success on a tacit alliance with Britain and the financial acumen of the City of London. The London-Beijing axis has likely gathered momentum with Britain's decision to quit the European Union (EU) in June 2016 and Prime Minister Theresa May's triggering Article 50 of the Lisbon Treaty in March 2017, to begin the divorce process.

    November 2017

    China's Belt and Road Initiative: Prospects and Pitfalls

    For the Belt and Road Initiative (BRI) to succeed, China needs to engage in serious and sincere dialogue with BRI participants, ensure respect for territorial integrity and sovereignty, uphold the internationally accepted norms of transparency and observe principles of financial responsibility, among other key issues.

    November 28, 2017

    What the Inclusion of BRI in the Chinese Constitution Implies

    China Belt and Road Initiative (BRI)

    The inclusion of the Belt and Road Initiative in the Charter of the Communist Party of China indicates that it is not merely an economic policy but rather a ‘political project’.

    November 07, 2017

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