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Why China’s New Silk Road Matters
This article will delve into China’s Belt and Road Initiative (BARI), the new Silk Road. In practical terms, this initiative signifies China’s efforts to establish trade links with the rest of the world and create new institutions.
Similar to the actions of the United States after World War II, China is shaping a new international order that could lead to a more interconnected and prosperous world.
We will explore the BARI’s potential benefits for the global world order, highlighting its economic growth and cultural exchange opportunities. Using international relations theories, we will paint a hopeful picture of its impact on the world, inspiring optimism about the future.
With the fall of the Soviet Union, the economic landscape of central Eurasia fell into disconnected shards.
However, as soon as the Soviet Union disintegrated, Central Asian countries, especially the Caucasus, started considering new strategies to reconnect.
Inspiration was quickly taken from the historical “Silk Road,” a trade route network connecting the East and West that facilitated cultural exchange and economic growth.
During the days of the “Silk Road,” Central Asian countries acted as land bridges connecting China with those in Europe to strengthen trade.