China’s One Belt One Road
China has proposed a new silk route, commonly referred to as ‘One Belt One Road’ (OBOR). What does it mean, what are its consequences and what does it mean for the European ports system? This article will provide some answers to these questions. It will also provide some recommendations for European policy-makers.
The acronym hides a mysterious conceptual subtlety that intellectuals and policy-makers have only started to grapple with. What is OBOR: a strategy, an initiative, a proposal? What does it want: harmony, hegemony, mutual benefits? And what will it mean for the world: opportunity, challenge or something else? In my view, OBOR is unique in two ways: it will bring more choice and more Chinese control of global supply chains. It will have important consequences for the whole world, including for Europe and it requires critical policy choices...
PTI EDITION 71Edition 71 is a special edition which features Technical Papers on the bulk sector, as well as the technological trends currently taking place within port and terminal automation, and supersized container shipping. Top contributors include Rolls Royce, Drewry and TBA.