Understanding the Multiple Facets of China’s “One Belt One Road” Initiative

Abstract

Li Xing provides a theoretical framework for understanding the multiple facets behind China’s One Belt One Road (OBOR) initiative, such as the internal-external nexus of imperativeness and Chinese outward expansion and its strategic convergence with the infrastructural need of the OBOR countries, thus enlarging their “room for maneuver” and increasing their “upward mobility”. The chapter sees OBOR as Beijing’s hegemonic project that will bring China potential prospects as well as constraints and risks.