17October2017

Home Editorial PRC AMBISSION WITH ONE BELT ONE ROAD

PRC AMBISSION WITH ONE BELT ONE ROAD

One Belt One Road (OBOR), that's the idea brought by  the People's Republic of China (PRC)  to the broadest economic path. The idea is inspired by the Silk Road trading route. During the opening ceremony of the Belt and Road Forum on International Silk Road at China National Convention Center, Beijing, China, Sunday morning (May 14), Chinese President Xi Jinping expressed his hope to create a large family living in harmony. President Xi added that all countries can take part in the idea.

Leaders from 29 countries attended the meeting in Beijing, including Russian President Vladimir Putin, Turkish President Recep Tayyip Erdogan, Filipino President Rodrigo Duterte and Indonesian President Joko Widodo. But this event was not attended by the United States and the European Union leaders. Only Italian Prime Minister appears to be present from the ranks of Western leaders.

Criticism indeed colored this PRC initiative, especially from the European Union which viewed the big project skeptically. The President of the EU Chamber of Commerce in China, Jorge Wuttke is concerned that trade routes could be just one way. In a pessimistic tone, Jorge said that in the next 10 years people will remember OBOR as the One Belt One Trap because of its high dependence on inefficient Chinese Companies. China denies it, and declares OBOR as partnership and cooperation moving forward.

Professor Wang Yi Wei in “China and Globalisation” concludes that today China has  become  an ever-increasing economic power and China is inviting  other countries to achieve the Chinese dream. This happened after Donald Trump became president of the United States and then left  the Trans Pacific Partnership and tends to isolate America.

In addition to the EU rejection, OBOR's own initiative is not necessarily easy to implement. Some countries along the OBOR line have  different cultures and democratic systems. There are countries that do not become markets and some countries are considered less stable to maintain the sustainability of the project.

Despite being invited to the event, Indonesia and ASEAN countries seem to be left untouched by this initiative if it only through the land. Whereas in the past, admiral Cheng Ho / Zheng He carried out his goodwill visit to introduce China through the sea. Or does Beijing deliberately not intensify the seaways to avoid conflict of  of the PRC's interests with the countries in the South China Sea region?

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