BRI Success

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The “Belt and Road Initiative” (BRI) in limelight- global order took another stride amid of Chinese rise through its soft power expansionist drive and extended military prowess. Beginning in the year 2013, emboldened by the aspiration of reviving the ancient Silk Route, in the span of less than a decade, China has gained resounding success by transcending the preponderant BRI rhetoric to realities. From Asia to Europe, and the Middle East to Africa, different corridors and infrastructural projects predominantly revamping global geo-economic architecture whilst offering opportunities to two-third of the world population to have considerable gains through engagement and cooperation. Recently Joe Biden stated – “I suggested we should have, essentially, a similar initiative, pulling from the democratic states, helping those communities around the world that, in fact, need help,” He suggested to UK’s Johnson a similar model of BRI that speaks the volume of the essence of BRI. In addition, appraisal suggests that the US anti-BRI strategy has now shifted from coercive containment to competitive containment. This accomplishment validates BRI’s essence as a game-changer. Likewise, the Fresh Sino-Iran deal is the cornerstone of BRI’s success. Statistically, Over 100 countries have signed agreements, over 2,600 projects at a cost of $3.7 trillion were linked to the initiative and in my opinion, the entire global geo-economic discourse is now driven by China. Furthermore, the pandemic crisis is a litmus test for the BRI success rhetoric and if China managed to handle this phase, we are going to see China-driven global economic model as a competing actor blown away with ensued mayhem repercussions of Covid.

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