The Chinese Belt and Road Initiative and Its Impact on the GCC Countries
Author | : Humood Ali Jumaa Al Shehhi |
Publisher | : |
Total Pages | : 0 |
Release | : 2020 |
Genre | : China |
ISBN | : |
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This study sheds the light on the People's Republic of China Belt and Road Initiative(BRI) and its impact on the Gulf Cooperation Council (GCC countries. China's Belt and Road Initiative invokes historic memories of the Silk Road, which facilitated communication, trade andexchanges between civilizations. BRI is one of the largest development projects in the world. Itwould connect more than 68 countries in Asia, Africa, and Europe. BRI has all the necessaryfeatures to change world order and to make China one of the most powerful countries in theworld. In addition, this research seeks to examine the reasons, consequences and context of appearance of Belt and Road Initiative for China and GCC, and I will argue how the initiativewill impact the Gulf Cooperation Council (GCC) countries in both ways.The past, present and the potential future of collaboration between the above-mentionedcountries is analyzed and examined profoundly. The relevant examples to support the point ofview of the author are presented, in addition to solid methodology and literature review of thescholarly sources. Both quantitative and qualitative methods were utilized to investigate researchquestion. The study found out the significant potential of BRI realization for both countries inalmost all the spheres. In particular, the significant growth in bilateral trade and investments are estimated in the nearest future. Finally, I will provide the valuable information concerning themain problems and opportunities of such collaboration for the both countries and explains themeaning of their relations for the international community. A number of useful recommendations in terms of improvement of BRI in context of China and GCC relations are provided. andKey Words: The GCC, the People's Republic of China (PRC), Belt and Road Initiative (BRI).