Silk Road Economic Belt - An Initiative By China

Get the Best Travel Deals by Experts

+91 8368513675

Our CRM team analysis your requirements and assign to destination expert. Assignment happen as soon as possible on best effort basis.

CRM team sends first response to you which includes advisors contact details and response time etc.

Sales advisor gives quotation to you with in 4 hrs for FIT (1-10 people) 24 hrs for group (more then 10 people)

Note: We work from mon - fri 9:30 AM to 6:30 PM

Silk Road Economic Belt - An Initiative By China

Published:

Silk Road since history has been a trade route connecting Europe and Asia. For this reason alone apart from others, this road had a significant role in history for longest time. Britain and Russia were two major power once trying to gain control over this region. In modern time also this region has no less significance at all. China being one of major power centre in Asia has lot of strategic interest and assertion on Central Asia region. In fact Silk Road Economic Belt which is land based component is a Chinese government economic development framework for primarily integrating trade and investment in Eurasia. Silk Road economic belt is not just limited to land but it also consists of oceangoing 'Maritime Silk Road'. This Silk Road economic belt strategy is China's push to gain a bigger role in global business affair and also securing exports for its products in European countries through this route.

a4


This idea of China has caught the imagination of the world. Centuries ago brave and diligent people had discovered and opened several routes for trade and cultural exchange linking Asia and Europe which was collectively called Silk Road. The design of the belt consists of several nodes, corridors and other elements. One of the earliest nodes to take shape was the New Eurasian Land Bridge, a railway that connects China to Central Europe through Kazakhstan and Eastern Europe. China intends to build a greater cooperation across Asia and Europe. Chinese President Xi Jinping unveiled in September 2013 where he revealed Silk Road Economic Belt and Maritime Silk Road. Though the belt primarily covers Asia and Europe but Oceania is also included along with East Africa. Since his visit to Central Asia and South East Asia in 2013 he has raised the initiative of building Silk Road Economic Belt and Maritime Silk Road jointly. Like in old days the route even today is intended to grow trade, cultural exchanges and building enabling infrastructure. Apart from the old route that was analogous to Silk Road the extended region to this belt are South Asia and South East Asia. North, central and south belts are proposed. North belt goes through Central Asia, Russia to Europe. Central belt goes through Central Asia, West Asia to the Persian Gulf and the Mediterranean. South belt starts from China to Southeast Asia, South Asia, the Indian Ocean. Central belt is spoken down due to complex religion problems and separation movement along the belt. It could be even taken advantage by extremists.

a3


China in order to gain supremacy in this region and in an attempt to reach out to Europe and Africa intends to invest heavily to build sustainable infrastructure in this belt. Maritime Silk Road also known as 21st century Maritime Silk Road is a complementary initiative aimed at investing and fostering collaboration in Southeast Asia, Oceania, and North Africa, through several contiguous bodies of water – the South China Sea, the South Pacific Ocean, and the wider Indian Ocean area. Asian Infrastructure Investment Bank was proposed by china in 2013 only to fund infrastructure projects in this belt and funding into this bank will come from Asian and Oceanic countries. China will hold 26% of voting rights and will be single largest stakeholder in this bank.It is not hidden that China is competing directly with US. So this highly ambitious Silk Road Economic Belt is result of that objective. How far will it go and how successful will it be is yet to be seen as it involves quite complications among countries involved in this proposed belt. Central Asia as has always been a region of strategic interest for its geographical region is once again sitting in the centre of this belt. The world has an eye on it, so what unfolds in future is yet to be seen.Also Read

Sanghai-cooperation-organisation-a-growing-organisation-in-Eurasia

Recent Blogs
25 Budget-friendly International Trips from India

25 Budget-friendly International Trips from India

- by Dook

Summer in Azerbaijan: Relish an Unforgettable Vacation

Summer in Azerbaijan: Relish an Unforgettable Vacation

- by Dook

Best Time to Visit Uzbekistan: A Guide for Globetrotters

Best Time to Visit Uzbekistan: A Guide for Globetrotters

- by Dook

Top 10 Reasons to Visit Bishkek, Kyrgyzstan

Top 10 Reasons to Visit Bishkek, Kyrgyzstan

- by Dook

20 Best Cities to Visit in Italy

20 Best Cities to Visit in Italy

- by Dook

35+ Best Places to Visit in Bali, Indonesia

35+ Best Places to Visit in Bali, Indonesia

- by Dook

Top 5 Jain Restaurants in Almaty & Kazakhstan

Top 5 Jain Restaurants in Almaty & Kazakhstan

- by Dook

10 Incredible Southeast Asian Countries to Visit

10 Incredible Southeast Asian Countries to Visit

- by Dook

20 Exciting Things to Do & See in Astana

20 Exciting Things to Do & See in Astana

- by Dook

21 Top Cities in Spain to Visit

21 Top Cities in Spain to Visit

- by Dook

30 Best Things To Do in Vietnam

30 Best Things To Do in Vietnam

- by Dook

Best Time to Visit Azerbaijan & Baku

Best Time to Visit Azerbaijan & Baku

- by Dook

21 Top Cities in Turkey to Visit

21 Top Cities in Turkey to Visit

- by Dook

28 Best Things to Do in Baku Azerbaijan

28 Best Things to Do in Baku Azerbaijan

- by Dook

10 Most Enchanting Cities in Tajikistan to Visit

10 Most Enchanting Cities in Tajikistan to Visit

- by Dook

35 Best Countries to Visit in Europe

35 Best Countries to Visit in Europe

- by Dook

Peterhof Palace: A Surreal Excursion in St. Petersburg

Peterhof Palace: A Surreal Excursion in St. Petersburg

- by Dook

15 Top Places to Visit in Samarkand

15 Top Places to Visit in Samarkand

- by Dook

15 Best Things to Do in Almaty & Kazakhstan

15 Best Things to Do in Almaty & Kazakhstan

- by Dook

Best Caucasus Countries to Visit

Best Caucasus Countries to Visit

- by Dook

15 Fantastic Things to Do in Uzbekistan & Tashkent

15 Fantastic Things to Do in Uzbekistan & Tashkent

- by Dook

25 Most-loved Europe Tourist Attractions to Explore

25 Most-loved Europe Tourist Attractions to Explore

- by Dook

15 Must-See Museums in Yerevan & Armenia

15 Must-See Museums in Yerevan & Armenia

- by Dook

15 Must-Explore Cities in Central Asia to Visit

15 Must-Explore Cities in Central Asia to Visit

- by Dook

Top 10 Restaurants in Bishkek, Kyrgyzstan

Top 10 Restaurants in Bishkek, Kyrgyzstan

- by Dook

15 Best Restaurants in Sofia & Bulgaria You Must Try

15 Best Restaurants in Sofia & Bulgaria You Must Try

- by Dook

20 Most Popular Asian Food and Cuisine to Try

20 Most Popular Asian Food and Cuisine to Try

- by Dook

10 Most Popular Cafes in Baku that You Should Visit

10 Most Popular Cafes in Baku that You Should Visit

- by Dook

11 Best Balkan Countries to Visit

11 Best Balkan Countries to Visit

- by Dook


Categories