Summary: | The Belt and Road Initiative (BRI) outlines a new conceptual framework that would allow
China to play a bigger role in the world economy and international relations. However, the conceptual
foundation of the BRI establishes essential components of the Chinese foreign (economic) policy in the
long run. Understanding China’s BRI development strategies may help the neighbouring states to learn
Beijing’s intentions at the regional level. Is the BRI China’s vehicle for the road to a peaceful
development or is it a covering strategy for acquiring, at least, regional hegemony? Moreover, how the
BRI is going to develop considering the COVID-19 outbreak? The goals of the essay are to examine
the core features of China´s most audacious project: The Belt and Road Initiative. However, the scope
of the paper goes further explaining BRI’s geopolitical aims, how the COVID-19 may transform the
project, and its relevance to China´s financial reformation process.
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