One Belt One Road: will it increase the gravity between China and Eurasia
Journal of International Trade Law and Policy
ISSN: 1477-0024
Article publication date: 1 November 2019
Issue publication date: 20 November 2019
Abstract
Purpose
Globalisation has remained a subjective term as the magnitude unfolded. Every new decade witnesses new opportunities for global integration of the economies. One among such initiatives, it is argued, is the One Belt One Road initiative of the People’s Republic of China. It is assumed to be beneficial for the world and at least for the region, if not to say more. The world has witnessed efforts and trends of protectionism as well, but China comes up with new vigour. One Belt One Road has entered into consistent talks and deliberations at the world level. It is therefore imperative to identify the emerging linkages between the participant countries in One Belt One Road. This study aims to take up the task of enquiring about the effect of One Belt One Road on the gravity between China and the nations of Eurasia. This study looks for the realisation of the expected economic ties and internationalisation emerging from One Belt One Road and the evidence for the same. This will be identified in the present study. The paper also attempts to theorise a model for One Belt One Road.
Design/methodology/approach
This study takes up the task of enquiring about the effect of One Belt One Road on the gravity between China and the nations of Eurasia. The hypothesised economic ties and internationalisation will be a reality or not. And what are the evidences for the same. This will be identified in the proposed study. An attempt to theorise the model for One Belt One Road is also taken.
Findings
It is perceived that the mega project would fill the wedge between China and Eurasia and convergence will follow with the start of the One Belt One Road.
Originality/value
The emergence of China in the global world order as the initiator of mega deals and projects and its dominion in every realm of economic activity is a topic of scrutiny for the entire world. In this context, the One Belt One Road initiative offers huge potential for exploration. As the project is in its early stages of planning and execution, its prospects of tying entire Europe and Russia with China through two of the revived ancient routes are essential to the entire world.
Keywords
Citation
Rahman, N. and Rahman, M.N. (2019), "One Belt One Road: will it increase the gravity between China and Eurasia", Journal of International Trade Law and Policy, Vol. 18 No. 3, pp. 152-164. https://doi.org/10.1108/JITLP-06-2019-0037
Publisher
:Emerald Publishing Limited
Copyright © 2019, Emerald Publishing Limited