What is One BELT One ROAD initiative (OBOR)?

  • The OBOR consist of 2 lines which cut across Asian, European and African continents. The Belt which is the silk road economic belt and the Road which refer to the 21st maritime silk road.
  • It attempt boost China growth through enhancement of political and trade relations amongst between China, Europe and Asia. It also to leverages on China’s comparative advantages over other cities in China and foreign countries.
  • The OBOR is proposed by Chinese leader Xi Jinping In September and October 2013 which aim to focus on connectivity and cooperation neighbouring countries. Targeted by 2050, the OBOR region should contribute about 80 per cent of global GDP growth.

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