The Origin of the Belt and Road Initiative and Mongolia’s Participation

Bayasakh.J , Shanshan Tian

Article ID: 5027
Vol 7, Issue 3, 2024

VIEWS - 27 (Abstract) 36 (PDF)

Abstract


For global stability, each country must grasp peace, prosperity, and development. Amid today’s intricate global dynamics, understanding international affairs is crucial. The world faces a slow economic recovery, rising anti-globalization, and prolonged repercussions
of the financial crisis. Unilateralism, protectionism, and power politics threaten peace, and nations confront severe development challenges.
Strengthening regional cooperation is pivotal amid global transformation. Nations explore self-development, maximize interests, and navigate challenges. China, a crucial player, underpins the Belt and Road Initiative, advocating an open world economy and sustainable development. It signifies China’s commitment to fair international economic governance. This analysis explores China’s initiative and Mongolia’s
active role, offering theoretical insights for future research on their collaboration.

Keywords


Economic Development; One Belt One Road; Regional Cooperation

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References


1. [1] Feng Bing. “The Chinese Logic of Global Development of the Belt and Road.” China Democracy and Legal System Press, 2015:

2. Page 5.

3. [2] Belt and Road Initiative website of China. [https://www.yidaiyilu.gov.cn](https://www.yidaiyilu.gov.cn)

4. [3] Feng Bing. “The Chinese Logic of Global Development of the Belt and Road.” China Democracy and Legal System Press, 2015:

5. Page 222.

6. [4] Feng Bing. “The Chinese Logic of Global Development of the Belt and Road.” China Democracy and Legal System Press, 2015:

7. Page 223.

8. [5] People’s Daily website. [http://www.people.com.cn](http://www.people.com.cn)

9. [6] Feng Bing. “The Chinese Logic of Global Development of the Belt and Road.” China Democracy and Legal System Press, 2015:

10. Page 223.

11. [7] China Economic Exchange Centre. “Belt and Road: Cooperation and Mutual Learning / Research Group on Belt and Road of China

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14. International Economic Exchange Centre.” — Beijing: China Economic Publishing House, 2015: Page 1.

15. [9] Mongolian Parliament website: [http://www.parliament.mn](http://www.parliament.mn)




DOI: https://doi.org/10.18686/ijmss.v7i3.5027

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