ABSTRACT:
The Belt and Road Initiative (BRI) – Chinese flagship international project – in theory and turn attention to the risks accompanying it. The project look into the applicability of a theoretical concept connected towards the Belt and Road Initiative presenting the idea of shared development is a novelty in the approach towards BRI. It puts China at the center of the future globalization wave, describing the process with Chinese characteristics and its implications in various countries of South Asia. The aim of this research is also to assess BRI initiative and discuss the disadvantages and threats from different points of view from countries of South Asia involved in it, from the world economy, and from China itself. This study is based on a review of relevant literature, copied with the collection and analysis of secondary data.The study results have confirmed that given the various aspects concerning the BRI, the initiative is a source of less opportunities and more threats for all the participating sides. The results can be used to estimate less of positive and more negative consequences of individual economies’ engagement in the BRI project. They may enhance and but more warn the engaged countries as far as this grand project’s participation is concerned.
Continue reading “China’s Belt and Road Initiative and it’s Impact on South Asia”
Political Science World 