One Belt One Road Initiative: New Route on China’s Change of Course to Growth

Reflection on the Spread of TCM Under the Belt and Road Initiative Background

“…Up to today, the total import and export of Chinese medicine between China and Africa reached 80 million dollars, more than 2,000 TCM practitioners have been sent to Africa, and hundreds of TCM pharmaceutical companies have also set up branches in Africa to provide Chinese medicine services to Africans. [4] III.…”

“One Belt, One Road” Initiative to Stimulate Trade in China: A Counter-Factual Analysis

“…This strategy entails developing infrastructure, creating a large economic market by strengthening relations between China and various nations in Central Asia, Europe, Middle East, North Africa and Southeast Asia, and easing excess production capacity by exporting, thereby promoting its economic growth rate [23]. China has been actively involved with regional trade organizations worldwide since the end of the last century [23]. OBOR can, thus, be simply seen as a new name for the consolidation of efforts that China has already made in economic ties with Asia, Europe, and the Arab World [23].…”

“…China has been actively involved with regional trade organizations worldwide since the end of the last century [23]. OBOR can, thus, be simply seen as a new name for the consolidation of efforts that China has already made in economic ties with Asia, Europe, and the Arab World [23]. However, the OBOR differs from China's previous foreign policy in two ways: first, the opening up offers a larger geographic scope by turning the western interior into the frontier; second, the OBOR involves opening up to the east and west and efforts on land and sea [1].…”

“…Beijing is allocating huge amounts of finance to the project via the Asia Infrastructure Investment Bank, but China's neighbors remain wary of OBOR's geopolitical implications [21]. Many observers believe that China might eventually use the initiative to establish unwelcome spheres of influence or dominance over its neighbors [23]. A large portion of the regions covered by OBOR has an unstable security and political situation; in reality, progress on the economic corridors has slowed.…”

A Brief Analysis of the Influence of Internet Finance on Traditional Commercial Banks under the Background of lOne Belt One Roadr

“…In September and October of 2013, the Chinese President Xi Jinping proposed cooperation initiatives for the "New Silk Road Economic Belt" and "21st Century Maritime Silk Road" respectively, aiming to strengthen economic cooperation and mutual benefit and win-win cooperation among the countries along the route in order to achieve the common goal of a healthy and stable development of all countries' economies, it also promoted cultural exchanges and peaceful development in different countries. China's "One Belt One Road" is an inclusive project that is pregnant to profound changes for International Political Economy but also for Chinese Political Economy [1].…”