Question

Though proposed by China in 2013 , the Belt and Road Initiative is a common aspiration of all countries along their routes . China is ready to conduct equal-footed consultation with all countries along the Belt and Road to seize the opportunity provided by the Initiative , promote opening-up , communication an integration among countries in a larger scope , with higher standards and at deeper levels , while giving consideration to the interests and aspirations of all parties The development of the Belt and Road is open and inclusive , and we welcome the active participation of all countries and International and regional organizations In this Initiative . " Based on your understanding of China , s OBOR initiative , please answer ( you can take the three charts as references ) ( ) What kind of specific difficulties will China face during the implementation of investment projects ? ( 10 )

Please as soon as possible, thanks

Answer 1

Often called as China's Marshall plan, the OBOR initiative connects 71 countries from South-east Asia to Eastern Europe and Africa accounting for half the world’s population and a quarter of global GDP. There are few apprehensions or problems that the investments in china could face under the belt and road project

1. Some of the affected nations which are poor are considered to be in serious risk of repaying the debt because of belt and road projects and are hence re-considering their decision to stay in the project. Nations also fear that this project would china much more power than other nations and hence are sceptical about it

2. Since Beijing is locked in an escalating tariff war with Washington, there is a fear of economic slowdown in china which could impact the investments.

3. Beijing has been using foreign exchange reserves to pay for projects under the belt and road strategy but a recent decline in them can complicated the investment process to finance new roads, railways and ports