Silk Route And Economic Development

Silk route and economic development

China is positioning to intervene definitively in the development of integration between Europe and Asia through the new silk route. This is a plan where both political and private entities and entities have capacity, the project has a market logic that leads to believe that all individuals could benefit. Chine. The new Silk route is focused on the construction of airports, railways, ports, plants and industrial parks that connect China with different places with this improvement the transport time is reduced by increasing investment and trade between the participating countries and toglobal level

One of the disadvantages of this initiative are the interests of the loans that China grants because they are high this project generates an increase in indebtedness where infrastructure is built, because the size of the projects is excessive in the correlation of the GDP of the countries whereThey build and there are governments that are forced to give up the territory where the route passes to China. All this causes the initiative to raise uncertainties on the effect of fiscal sustainability in favored countries and in the results that this can even have from a geostrategic panorama. Asian countries with the rivalry between the US and China seem to be reviewing how the decisions of these nations affect them, leading to Asian countries to have an impulse in the political, social, economic, social integration of this continent

The strategic ports opened by Obor in the Indo Pacific have impacted on the commercial advance between Europe and China, with the pearl necklace the domain of the containing Asian is increased leading to China to become the economic power of the future, the alliances achieved make itThe region prioritizes economic development above what the US currently offers that it is the security and defense of nations, so there are more those that join the projects of the new Silk route.

The rise that China has globally causes its internal and international policy to meet the objectives, its propaganda carefully prepared by its leaders is designed to not attract attention and the Western powers without seeing it adapt to accept China as a world power.

It is clear that China’s plan is not a selfless action to help world economic development, however, with the new Silk route it makes the increase in trade benefit from participating nations positioning China as a power, it is the most projectambitious launched by this nation and worldwide governments must join it to contribute and give it a form that does not exclude and is not interdependent as currently happens in the world economy