One Belt One Road Initiative: New Route on China’s Change of Course to Growth

Abstract

China’s One Belt One Road Initiative (OBOR) is an inclusive project that is pregnant to profound changes for International Political Economy but also for Chinese Political Economy. In 21st Century, when Chinese Political Economy is observed, it is to be seen that engines of the economy that once led China to development become the very problems that are distorting the development and growth today. Those problems make the “challenges of China” and they are deeply connected to each other making local operations ineffective in long term solutions. Hence, China is in need of a restructuring in social and economic architecture of the country that will not only enable a grand solution to those challenges but that will also guarantee the stability in domestic affairs. By employing One Belt One Road Initiative, China aims to achieve peace and harmony in her domestic structures regarding economy and society. Therefore, China’s domestic challenges render One Belt One Road Initiative essential for the survival of a stable China.