Why is China's the Belt One Road Initiative successful? — Lessons from the Cooperation with the Five Central Asia Countries
Keywords:
Capacity cooperation, the Belt One Road Initiative, Strategy complementarity, Country safety and international cooperationAbstract
This paper investigates Why is China can gain great success in capacity cooperation with the countries involving in the Belt One Road Initiative. This paper uses the cooperation with the five Central Asian countries, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan, as examples to find out the potential factors. Through analyzing the complementarity of long-term strategies of these five countries and China, and the supplementary policies for countries involving in Belt One Road Initiative, this paper finds that cost-effective technologies and excellent skills in infrastructure construction are in line with the needs of the five countries in their long-term development plans. Combining with supplementary policies like the ‘five connectivity’ and support from international institutions like AIIB and ADB, the benefit and security of the two groups China and countries involving in Belt One Road Initiative are highly guaranteed. Moreover, China has no tendency in geopolitical target in those areas and after all projects are finished, cooperation through public-private partnership can eliminate the concern about being control by China in infrastructure and energy sectors.