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Strategic Value of One Belt One Road : Comparative study of ‘One Belt One Road’ and ‘Marshall Plan’

초록/요약

In 2013, President of China Xi Jinping launched “One Belt One Road” initiative with the purpose of peaceful and joint development between People’s Republic of China and the rest of Eurasia countries. It is a huge project which connects geographically from China to Europe focusing on connectivity and cooperation between the countries inside One Belt One Road zone. This article compares the similarities and differences of them such as both established international financial institution, provided economic aid to other countries but also have differences for example Marshall Plan conducted having an ideological intention, to bloc communism, which One Belt One Road does not have. Because One Belt One Road shows many similarities with the Marshall Plan, its result can be expected to be similar. As Marshall Plan did, for example, the One Belt One Road shows a high level of generosity which strategically includes security concern. And this generosity will lead to increasing soft power, economic gains, exporting currency and expanding of free trade of China.

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