International Business Assignment

- 작성자: saminakiran2
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Executive Summary This report is an attempt to understand the aspects of One Belt One Road – OBOR, which is a 21st-Century Maritime Silk Road and Silk Road Economic Belt. The aim of this paper was to collect information related to its development, impact, challenges, and overall effect. The analysis highlighted the fact that countries have positive hopes with the initiative whereby it has displayed a promising outcome until now for all countries including ASEAN and Africa. However, numerous internal challenges such as the issue of the fulfilment of expectations, huge interest of the local and provincial government, and private funding are evident whereas external issues include territorial, political, and economical issues. The analysis also indicates that the OBOR initiative has been the considerable effort of China in order to improve its political as well as economic power over other nations. However, the purpose behind this power is to assist other nations in the development proces

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