Panel Paper: One Belt One Road Initiative: The Case of Sino-Russia-Mongolia Economic Corridor

Friday, July 20, 2018
Building 3, Room 206 (ITAM)

*Names in bold indicate Presenter

Xiao Yu, Jilin University


The One Belt, One Road Initiative of China has already reached a multi-trillion dollar ceiling and is still growing. Its scope of domain has no limits and has already gone beyond Asia, the Middle East, Africa, and is in Latin/Central America as well. The project's strategic goals are to help, through investments and operational plans, sustained economic development opportunities that would also extend capacities in governance and management of urban and rural areas in all those countries--in various sectors of transportation, railroad, mass transit systems, urban development and community structures, poverty reduction and housing projects, and service delivery infrastructures. This paper focuses on a very large economic and social development Corridor of south-north areas that extend from China to Mongolia and Russia. It covers the giant cities of Beijing, Shanghai, Korea, and Moscow. The impacts of the One Belt One Road on sustained economic development of the entire areas of the region will manifest themselves through opportunities displayed in employment, cultural, and governance development system via an integrated coordinated system of what is currently called the Shanghai and Euro-Asia Compact that include several other countries of Central Asia as well as Iran and Afghanistan and Pakistan. The One Road is basically a Maritime Shipping Road that covers Singapore, India ...all the way to Africa and Atlantic....reaching Latin/Central America. This paper focuses on the China-Mongolia-Russia Corridor. The paper is based on empirical research and analysis with an impact assessment through the year 2030 and beyond.