Towards a New Leadership in Global Investment Governance?
Edited by Julien Chaisse
Chapter 10: OBOR in the context of China-EU FDI and China’s evolving economic diplomacy
China’s OBOR Initiative is a bold, visionary, highly elaborated blueprint, with many inter-connected moving parts, that, on both theoretical policy and practical business levels, offers perhaps humankind’s main chance for 21st century prosperity on a global scale – and the achievement of the heretofore unattainable prospect of peaceful Eurasian and African economic integration. To accomplish such monumental geopolitical transformations will require not only China’s own gargantuan efforts, but also those of the other great powers, including Russia, the European Union and the United States. Wisely, China has generously formulated OBOR in such a way that it embraces inclusiveness. If cooperation can replace selfish rivalry, we may perhaps be on the cusp of a new, promising and affirming human epoch – what the Chinese are calling a ‘community of common destiny’.
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