Belt And Road Initiative

The Belt and Road Initiative (BRI, or B&R), formerly known as One Belt One Road ( zh, link=no, 一带一路) or OBOR for short, is a global infrastructure development strategy adopted by the Chinese government in 2013 to invest in nearly 150 countries and international organizations. It is considered a centerpiece of the Chinese leader Xi Jinping's foreign policy. The BRI forms a central component of Xi's "Major Country Diplomacy" ( zh, 大国外交) strategy, which calls for China to assume a greater leadership role for global affairs in accordance with its rising power and status. It has been compared to the American Marshall Plan. , 149 countries were listed as having signed up to the BRI.

Xi originally announced the strategy as the "Silk Road Economic Belt" during an official visit to Kazakhstan in September 2013. "Belt" is short for the " Silk Road Economic Belt," referring to the proposed overland routes for road and rail transportation through landlocked Central Asia along the famed historical trade routes of the Western Regions; whereas "road" is short for the "21st Century Maritime Silk Road", referring to the Indo-Pacific sea routes through Southeast Asia to South Asia, the Middle East and Africa. Examples of Belt and Road Initiative infrastructure investments include ports, skyscrapers, railroads, roads, bridges, airports, dams, coal-fired power stations, and railroad tunnels.

The initiative was incorporated into the Constitution of China in 2018. The Xi Jinping Administration calls the initiative "a bid to enhance regional connectivity and embrace a brighter future." The project has a target completion date of 2049, which will coincide with the centennial of the People's Republic of China (PRC)'s founding.

Numerous studies conducted by the World Bank have estimated that BRI can boost trade flows in 149 participating countries by 4.1 percent, as well as cutting the cost of global trade by 1.1 percent to 2.2 percent, and grow the GDP of East Asian and Pacific developing countries by an average of 2.6 to 3.9 percent. According to London-based CEBR consultants, BRI is likely to increase the world GDP by $7.1 trillion per annum by 2040, and that "benefits will likely to be widespread", as global trade increases from increasing infrastructure that reduces "frictions that hold back world trade". CEBR also concludes that the project will be likely to attract further countries to join, if the global infrastructure initiative progresses and gains momentum.

Supporters praise the BRI for its potential to boost the global GDP, particularly in developing countries. However, there has also been criticism over human rights violations and environmental impact, as well as concerns of debt-trap diplomacy resulting in neocolonialism and economic imperialism.

Objectives

Background

The initiative was unveiled by general secretary of the Chinese Communist Party (CCP) and paramount leader Xi Jinping in September and October 2013 during visits to Kazakhstan and Indonesia, and was thereafter promoted by Chinese premier Li Keqiang during state visits to Asia and Europe. The initiative was given intensive coverage by Chinese state media, and by 2016 had become often featured in the '' People's Daily''.

The stated objectives are "to construct a unified large market and make full use of both international and domestic markets, through cultural exchange and integration, to enhance mutual understanding and trust of member nations, resulting in an innovative pattern of capital inflows, talent pools, and technology databases." The Belt and Road Initiative addresses an "infrastructure gap" and thus has the potential to accelerate economic growth across the Asia Pacific, Africa and Central and Eastern Europe. A report from the World Pensions Council (WPC) estimates that Asia, excluding China, requires up to US$900 billion of infrastructure investments per year over the next decade, mostly in debt instruments, 50% above current infrastructure spending rates. The gaping need for long term capital explains why many Asian and Eastern European heads of state "gladly expressed their interest to join this new international financial institution focusing solely on 'real assets' and infrastructure-driven economic growth".

The initial focus has been infrastructure investment, education, construction materials, railway and highway, automobile, real estate, power grid, and iron and steel. Already, some estimates list the Belt and Road Initiative as one of the largest infrastructure and investment projects in history, covering more than 68 countries, including 65% of the world's population and 40% of the global gross domestic product as of 2017. The project builds on the old trade routes that once connected China to the west, Marco Polo and Ibn Battuta's routes in the north and the maritime expedition routes of Ming dynasty admiral Zheng He in the south. The Belt and Road Initiative now refers to the entire geographical area of the historic " Silk Road" trade route, which has been continuously used in antiquity. Development of the Renminbi as a currency of international transactions, development of the infrastructures of Asian countries, strengthening diplomatic relations whilst reducing dependency on the US and creating new markets for Chinese products, exporting surplus industrial capacity, and integrating commodities-rich countries more closely into the Chinese economy are all objectives of the BRI.

While some countries, especially the United States, view the project critically because of possible Chinese influence, others point to the creation of a new global growth engine by connecting and moving Asia, Europe and Africa closer together.

The G7 industrial country Italy has been a partner in the development of the project since March 2019. According to estimates, the entire project today affects more than 60% of the world's population and approximately 35% of the global economy. Trade along the Silk Road could soon account for almost 40% of total world trade, with a large part being by sea. The land route of the Silk Road also appears to remain a niche project in terms of transport volume in the future.

In the maritime silk road, which is already the route for more than half of all containers in the world, deepwater ports are being expanded, logistical hubs are being built and new traffic routes are being created in the hinterland. The maritime silk road runs with its connections from the Chinese coast to the south via Hanoi to Jakarta, Singapore and Kuala Lumpur through the Strait of Malacca via the Sri Lankan Colombo towards the southern tip of India via Malé, the capital of the Maldives, to the East African Mombasa, from there to Djibouti, then through the Red Sea via the Suez Canal to the Mediterranean, there via Haifa, Istanbul and Athens to the Upper Adriatic region to the northern Italian hub of Trieste with its international free port and its rail connections to Central Europe and the North Sea.

As a result, Poland, the Baltic States, Northern Europe, and Central Europe are also connected to the maritime silk road and logistically linked to East Africa, India and China via the Adriatic ports and Piraeus. All in all, the ship connections for container transports between Asia and Europe will be reorganized. In contrast to the longer East Asian traffic via north-west Europe, the southern sea route through the Suez Canal towards the junction Trieste shortens the goods transport by at least four days.

In connection with the Silk Road project, China is also trying to network worldwide research activities.

Simon Shen and Wilson Chan have compare the initiative to the post-World War II Marshall Plan.

Project name

The official name for the initiative is the ''Silk Road Economic Belt and 21st-Century Maritime Silk Road Development Strategy'' (), which was initially abbreviated as the ''One Belt One Road'' () or the ''OBOR'' strategy. The English translation has been changed to the ''Belt and Road Initiative'' (BRI) since 2016, when the Chinese government considered the emphasis on the words "one" and "strategy" were prone to misinterpretation so they opted for the more inclusive term "initiative" in its translation. However, "One Belt One Road" is still the reference term in Chinese-language media.

International relations

The Belt and Road Initiative is believed by some analysts to be a way to extend Chinese economic and political influence. Some geopolitical analysts have couched the Belt and Road Initiative in the context of Halford Mackinder's heartland theory. Scholars have noted that official PRC media attempts to mask any strategic dimensions of the Belt and Road Initiative as a motivation. China has already invested billions of dollars in several South Asian countries like Pakistan, Nepal, Sri Lanka, Bangladesh and Afghanistan to improve their basic infrastructure, with implications for China's trade regime as well as its military influence. This project can also become a new economic corridor for different regions. For example, in the Caucasus region, China considered cooperations with Armenia from May 2019. Chinese and Armenian sides had multiple meetings, signed contracts, initiated a north–south road program to solve even infrastructure-related aspects.

China has emerged as one of the fastest-growing sources of Foreign Direct Investment (FDI) into Indiait was the 17th largest in 2016, up from the 28th rank in 2014 and 35th in 2011, according to India's official ranking of FDI inflows.

Western regions

BRI's goals include internal state-building and stabilisation of ethnic unrest for its vast inland western regions such as Xinjiang and Yunnan, linking these less developed regions, with increased flows of international trade facilitating closer economic integration with China's inland core.

Leadership

A leading group was formed sometime in late 2014, and its leadership line-up publicized on 1 February 2015. This steering committee reports directly into the State Council of China and is composed of several political heavyweights, evidence of the importance of the program to the government. Then Vice-Premier Zhang Gaoli, who was also a member of the 7-man CCP Politburo Standing Committee, was named leader of the group, and Wang Huning, Wang Yang, Yang Jing, and Yang Jiechi named deputy leaders.

On 28 March 2015, China's State Council outlined the principles, framework, key areas of cooperation and cooperation mechanisms with regard to the initiative. The BRI is considered a strategic element within the foreign policy of China, and was incorporated into its constitution in 2017.

With regard to China and the African countries, the Forum on China-Africa Cooperation (FOCAC) is a significant multi-lateral cooperation mechanism for facilitating BRI projects. The China-Arab States Cooperation Forum (CASCF) serves a similar coordinating role with regard to BRI projects in the Arab states.

Financing

Asian Infrastructure Investment Bank (AIIB)

The Asian Infrastructure Investment Bank, first proposed in October 2013, is a development bank dedicated to lending for infrastructure projects. As of 2015, China announced that over one trillion yuan (US$160  billion) of infrastructure-related projects were in planning or construction.

The primary goals of AIIB are to address the expanding infrastructure needs across Asia, enhance regional integration, promote economic development and improve public access to social services.

The Articles of Agreement (the legal framework) of AIIB were signed in Beijing on 29 June 2015. The proposed bank has an authorized capital of $100 billion, 75% of which will come from Asia and Oceania. China will be the single largest stakeholder, holding 26.63% of voting rights. The board of governors is AIIB's highest decision-making body. The bank began operation on 16 January 2016, and approved its first four loans in June.

Silk Road Fund

In November 2014, CCP leader Xi Jinping announced a US$40 billion development fund, which would be separate from the banks and not part of the CPEC investment. The Silk Road Fund would invest in businesses rather than lend money to the projects. The Karot Hydropower Project, from Islamabad, Pakistan, is the first project. The Chinese government has promised to provide Pakistan with at least US$350 million by 2030 to finance this station. The Sanxia Construction Corporation commenced work in January 2016.

Debt sustainability

In 2017, China joined the G20 Operational Guidelines for Sustainable Financing and in 2019 to the G20 Principles for Quality Infrastructure Investment. The Center for Global Development described China's New Debt Sustainability Framework as "virtually identical" to the World Bank's and IMF's own debt sustainability framework.

According to Carmen Reinhart, the World Bank's chief economist, 60% of the lending from Chinese banks is to developing countries where sovereign loans are negotiated bilaterally, and in secret. China is the largest bilateral lender in the world. Loans are backed by collateral such as rights to a mine, a port or money.

However, the term itself has come under scrutiny as analysts and researchers have pointed out that there is no evidence to prove that China is deliberately aiming to do debt trap diplomacy. Research from Deborah Brautigam, an international political economy professor at Johns Hopkins University, and Meg Rithmire, an associate professor at Harvard Business School, have disputed the allegations of Debt Trap Diplomacy by China and pointed out that "Chinese banks are willing to restructure the terms of existing loans and have never actually seized an asset from any country, much less the port of Hambantota". They argued that it was 'long overdue' for people to know the truth and not to have it be "willfully misunderstood".

For China itself, a report from Fitch Ratings doubts Chinese banks' ability to control risks, as they do not have a good record of allocating resources efficiently at home. This may lead to new asset quality problems for Chinese banks where most funding is likely to originate. Additionally, two state-owned banks oversee China's foreign loans and development.

It has been suggested by some scholars that critical discussions about an evolving BRI and its financing needs transcend the "debt-trap" meme. This concerns the networked nature of financial centers and the vital role of advanced business services (e.g. law and accounting) that bring agents and sites into view (such as law firms, financial regulators, and offshore centers) that are generally less visible in geopolitical analysis, but vital in the financing of BRI.

The COVID-19 pandemic has stopped work on some projects, while some have been scrapped; focus has been brought on projects that were already of questionable economic viability before the pandemic. Many of the loans agreed upon are in or nearing technical default, as many debtor countries reliant on exporting commodities have seen a slump in demand for them. Some debtor countries have started to negotiate to defer payments falling due. In particular, the African continent owes an estimated $145 billion, much of which involves BRI projects, with $8bn falling due in 2020. Many leaders on the continent are demanding debt forgiveness, and ''The Economist'' forecasts a wave of defaults on these loans.

In April 2020, in light of the pandemic, the Group of 20 decided to freeze debt payments for countries that would struggle to pay them. Interest on Chinese loans continued to accrue during the freeze. In June 2020, Chinese leader Xi Jinping decided to cancel interest-free loans for certain African countries. Since 2000, these types of loans have accounted for 2 to 3 percent of total loans China has issued to African countries. Furthermore, foreign aid is a controversial topic in China due to it having its own areas with significant poverty.

Infrastructure networks

The Belt and Road Initiative is about improving the physical infrastructure through land corridors that roughly equate to the old Silk Road. The Silk Road, or Silk Roads, has proven to be a productive but at the same time elusive concept, increasingly used as an evocative metaphor. With China's ‘Belt and Road Initiative’, it has found fresh invocations and audiences.
These are the belts in the name, and there is also a maritime silk road. Infrastructure corridors spanning some 60 countries, primarily in Asia and Europe but also including Oceania and East Africa, will cost an estimated US$4–8 trillion. The initiative has been contrasted with the two US-centric trading arrangements, the Trans-Pacific Partnership and the Transatlantic Trade and Investment Partnership. The initiative projects receive financial support from the Silk Road Fund and the Asian Infrastructure Investment Bank while they are technically coordinated by the B&R Summit Forum. The land corridors include:
* The New Eurasian Land Bridge, which runs from Western China to Western Russia through Kazakhstan, and includes the Silk Road Railway through China's Xinjiang Autonomous Region, Kazakhstan, Russia, Belarus, Poland and Germany.
* Another corridor will run from Northern China through Mongolia to the Russian Far East. The Russian government-established Russian Direct Investment Fund and China's China Investment Corporation, a Chinese government investment agency, partnered in 2012 to create the Russia-China Investment Fund, which concentrates on opportunities in bilateral integration.
* The China–Central Asia–West Asia Corridor, which will run from Western China to Turkey.
* The China-Indochina Peninsula economic corridor, which will run from Southern China to Singapore.
* The Trans-Himalayan Multi-dimensional Connectivity Network, which will turn Nepal from a landlocked to a land-linked country.
* The China–Pakistan Economic Corridor (CPEC) (Chinese:中国-巴基斯坦经济走廊; ur, ) which is also classified as "closely related to the Belt and Road Initiative", a US$62 billion collection of infrastructure projects throughout Pakistan which aims to rapidly modernize Pakistan's transportation networks, energy infrastructure, and economy. On 13 November 2016, CPEC became partly operational when Chinese cargo was transported overland to Gwadar Port for onward maritime shipment to Africa and West Asia.

Silk Road Economic Belt

China's leader Xi Jinping visited Astana, Kazakhstan, and Southeast Asia in September and October 2013, and proposed jointly building a new economic area, the Silk Road Economic Belt (SREB) (). The "belt" includes countries on the original Silk Road through Central Asia, West Asia, the Middle East, and Europe. The initiative would create a cohesive economic area by building both hard infrastructure such as rail and road links and soft infrastructure such as trade agreements and a common commercial legal structure with a court system to police the agreements. It would increase cultural exchanges and expand trade. Besides a zone largely analogous to the historical Silk Road, an expansion includes South Asia and Southeast Asia.

Many of the countries in this belt are also members of the China-led Asian Infrastructure Investment Bank (AIIB).

Three belts are proposed. The North belt would go through Central Asia and Russia to Europe. The Central belt passes through Central Asia and West Asia to the Persian Gulf and the Mediterranean. The South belt runs from China through Southeast Asia and South Asia and on to the Indian Ocean through Pakistan. The strategy will integrate China with Central Asia through Kazakhstan's Nurly Zhol infrastructure program.

21st Century Maritime Silk Road

The "21st Century Maritime Silk Road" (Chinese:21世纪海上丝绸之路), or just the Maritime Silk Road, is the sea route 'corridor.' It is a complementary initiative aimed at investing and fostering collaboration in Southeast Asia, Oceania and Africa through several contiguous bodies of water: the South China Sea, the South Pacific Ocean, and the wider Indian Ocean area. It was first proposed in October 2013 by Xi Jinping in a speech to the Indonesian Parliament. As with the Silk Road Economic Belt initiative, most member countries have joined the Asian Infrastructure Investment Bank.

The maritime Silk Road runs with its links from the Chinese coast to the south via Hanoi to Jakarta, Singapore and Kuala Lumpur through the Strait of Malacca via the Sri Lankan Colombo opposite the southern tip of India via Malé, the capital of the Maldives, to the East African Mombasa, from there to Djibouti, then through the Red Sea over the Suez Canal into the Mediterranean, there via Haifa, Istanbul and Athens to the Upper Adriatic to the northern Italian junction of Trieste with its international free port and its rail connections to Central Europe and the North Sea.


According to estimates in 2019, the land route of the Silk Road remains a niche project and the bulk of the Silk Road trade continues to be carried out by sea. The reasons are primarily due to the cost of container transport. The maritime Silk Road is also considered to be particularly attractive for trade because, in contrast to the land-based Silk Road leading through the sparsely populated Central Asia, there are on the one hand far more states on the way to Europe and, on the other hand, their markets, development opportunities, and population numbers are far larger. In particular, there are many land-based links such as the Bangladesh-China-India-Myanmar Corridor (BCIM). Due to the attractiveness of this now subsidized sea route and the related investments, there have been major shifts in the logistics chains of the shipping sector in recent years. Due to its unique geographical location, Myanmar is viewed to be playing a pivotal role for China's BRI projects.

From the Chinese point of view, Africa is important as a market, raw material supplier and platform for the expansion of the new Silk Roadthe coasts of Africa should be included. In Kenya's port of Mombasa, China has built a rail and road connection to the inland and to the capital Nairobi. To the northeast of Mombasa, a large port with 32 berths including an adjacent industrial area including infrastructure with new traffic corridors to South Sudan and Ethiopia is being built. A modern deep-water port, a satellite city, an airfield and an industrial area are being built in Bagamoyo, Tanzania. Further towards the Mediterranean, the Teda Egypt special economic zone is being built near the Egyptian coastal town of Ain Sochna as a joint Chinese-Egyptian project.

File:SuezCanal-EO.JPG, Suez Canal
File:SuezCanal4 byDanielCsorfoly.JPG, Container ship transiting the Suez Canal
File:A general view of Mombasa Port on Kenya's Indian Ocean coast.jpg, Mombasa Port on Kenya's Indian Ocean coast

As part of its Silk Road strategy, China is participating in large areas of Africa in the construction and operation of train routes, roads, airports and industry. In several countries such as Zambia, Ethiopia and Ghana, dams have been built with Chinese help. In Nairobi, China is funding the construction of the tallest building in Africa, the Pinnacle Towers. With the Chinese investments of 60 billion dollars for Africa announced in September 2018, on the one hand, sales markets are created and the local economy is promoted, and, on the other hand, African raw materials are made available for China.

One of the Chinese bridgeheads in Europe is the port of Piraeus. Overall, Chinese companies are to invest a total of 350 million euros directly in the port facilities there by 2026 and a further 200 million euros in associated projects such as hotels. In Europe, China wants to continue investing in Portugal with its deep-water port in Sines, but especially in Italy and there at the Adriatic logistics hub around Trieste. Venice, the historically important European endpoint of the maritime Silk Road, has less and less commercial importance today due to the shallow depth or silting of its port.

The international free zone of Trieste provides in particular special areas for storage, handling and processing as well as transit zones for goods. At the same time, logistics and shipping companies invest in their technology and locations in order to benefit from ongoing developments. This also applies to the logistics connections between Turkey and the free port of Trieste, which are important for the Silk Road, and from there by train to Rotterdam and Zeebrugge. There is also direct cooperation, for example between Trieste, Bettembourg, and the Chinese province of Sichuan. While direct train connections from China to Europe, such as from Chengdu to Vienna overland, are partially stagnating or discontinued, there are (as of 2019) new weekly rail connections between Wolfurt or Nuremberg and Trieste or between Trieste, Vienna and Linz on the maritime Silk Road.

There are also extensive intra-European infrastructure projects to adapt trade flows to current needs. Concrete projects (as well as their financing), which are to ensure the connection of the Mediterranean ports with the European hinterland, are decided among others at the annual China-Central-East-Europe summit, which was launched in 2012. This applies, for example, to the expansion of the Belgrade-Budapest railway line, the construction of the high-speed train between Milan, Venice and Trieste and connections on the Adriatic-Baltic and Adriatic-North Sea axis. Poland, the Baltic States, Northern Europe and Central Europe are also connected to the maritime Silk Road through many links and are thus logistically networked via the Adriatic ports and Piraeus to East Africa, India and China. Overall, the ship connections for container transports between Asia and Europe will be reorganized. In contrast to the longer East Asia traffic via northwest Europe, the south-facing sea route through the Suez Canal towards the Trieste bridgehead shortens the transport of goods by at least four days.

According to a study by the University of Antwerp, the maritime route via Trieste dramatically reduces transport costs. The example of Munich shows that the transport there from Shanghai via Trieste takes 33 days, while the northern route takes 43 days. From Hong Kong, the southern route reduces transport to Munich from 37 to 28 days. The shorter transport means, on the one hand, better use of the liner ships for the shipping companies and, on the other hand, considerable ecological advantages, also with regard to the lower CO₂ emissions, because shipping is a heavy burden on the climate. Therefore, in the Mediterranean area, where the economic zone of the Liverpool–Milan Axis meets functioning railroad connections and deep-water ports, there are significant growth zones. Henning Vöpel, Director of the Hamburg World Economic Institute, recognizes that the North Range (i.e. transport via the North Sea ports to Europe) is not necessarily the one that will remain dominant in the medium term.

From 2025, the Brenner Base Tunnel will also link the upper Adriatic with southern Germany. The port of Trieste, next to Gioia Tauro the only deep water port in the central Mediterranean for container ships of the seventh generation, is therefore a special target for Chinese investments. In March 2019, the China Communications Construction Company (CCCC) signed agreements to promote the ports of Trieste and Genoa. Accordingly, the port's annual handling capacity will be increased from 10,000 to 25,000 trains in Trieste (Trihub project) and a reciprocal platform to promote and handle trade between Europe and China will be created. It is also about logistics promotion between the North Adriatic port and Shanghai or Guangdong. This also includes a state Hungarian investment of 100 million euros for a 32 hectare logistics center and funding from the European Union of 45 million euros in 2020 for the development of the railway system in the port city. Furthermore, the Hamburg port logistics group HHLA invested in the logistics platform of the port of Trieste (PLT) in September 2020. In 2020, Duisburger Hafen AG (Duisport), the world's largest intermodal terminal operator, took a 15% stake in the Trieste freight terminal. There are also further contacts between Hamburg, Bremen and Trieste with regard to cooperation. There are also numerous collaborations in the Upper Adriatic, for example with the logistics platform in Cervignano. In particular, the area of the upper Adriatic is developing into an extended intersection of the economic areas known as the Blue Banana and the Golden Banana. The importance of the free port of Trieste will continue to increase in the coming years due to the planned port expansion and the expansion of the Baltic-Adriatic railway axis (Semmering Base Tunnel, Koralm Tunnel and in the wider area Brenner Base Tunnel).

Ice Silk Road

In addition to the Maritime Silk Road, Russia and China are reported to have agreed to jointly build an 'Ice Silk Road' along the Northern Sea Route in the Arctic, along a maritime route within Russian territorial waters.

China COSCO Shipping Corp. has completed several trial trips on Arctic shipping routes, and Chinese and Russian companies are cooperating on oil and gas exploration in the area and to advance comprehensive collaboration on infrastructure construction, tourism and scientific expeditions.

Russia together with China approached the practical discussion of the global infrastructure project Ice Silk Road. This was stated by representatives of Vnesheconombank at the International conference Development of the shelf of Russia and the CIS — 2019 (Petroleum Offshore of Russia), held in Moscow.

The delegates of the conference were representatives of the leadership of Russian and corporations ( Gazprom, Lukoil, Rosatom, Rosgeologiya, Vnesheconombank, Morneftegazproekt, Murmanshelf, Russian Helicopters, etc.), as well as foreign auditors (Deloitte, member of the world Big Four) and consulting centers (Norwegian Rystad Energy and others.).

Super grid

The super grid project aims to develop six ultra high voltage electrical grids across China, Northeast Asia, Southeast Asia, South Asia, Central Asia and West Asia. The wind power resources of Central Asia would form one component of this grid.

Additionally proposed

The Bangladesh–China–India–Myanmar Economic Corridor (BCIM) was proposed to run from southern China to Myanmar and was initially officially classified as "closely related to the Belt and Road Initiative". Since the second Belt and Road Forum in 2019, BCIM has been dropped from the list of projects due to India's refusal to participate in the Belt and Road Initiative.

Projects

China has engaged 149 countries and 30 international organisations in the BRI. Infrastructure projects include ports, railways, highways, power stations, aviation and telecommunications. The flagship projects include the China–Pakistan Economic Corridor, the Boten–Vientiane railway in Laos and Khorgas land port.

Ecological issues

The Belt and Road initiative has attracted attention and concern from environmental organizations. A joint report by the World Wide Fund for Nature and HSBC argued that the BRI presents significant risks as well as opportunities for sustainable development. These risks include the overuse of natural resources, the disruption of ecosystems, and the emission of pollutants. Coal-fired power stations, such as Emba Hunutlu power station in Turkey, are being built as part of BRI, thus increasing greenhouse gas emissions and global warming. Glacier melting as a result of excess greenhouse gas emissions, endangered species preservation, desertification and soil erosion as a result of overgrazing and over farming, mining practices, water resource management, and air and water pollution as a result of poorly planned infrastructure projects are some of the ongoing concerns as they relate to Central Asian nations.

A point of criticism of the BRI overall relates to the motivation of pollution and environmental degradation outsourcing to poorer nations, whose governments will disregard the consequences. In Serbia for instance, where pollution-related deaths already top Europe, the presence of Chinese-owned coal-powered plants have resulted in an augmentation in the country's dependency on coal, as well as air and soil pollution in some towns.

According to German environmental group Urgewald, China's energy companies will make up nearly half of the new coal plant generation expected to go online in the next decade. BRI coal projects accounted for as much as 42% of China's overseas investment in 2018, and 93% of energy investments of the BRI-linked Silk Road Fund go to fossil fuels.

The development of port infrastructure and increasing shipping associated with the maritime Belt and Road Initiative could impact sensitive species and marine habitats like coral reefs, mangroves, seagrass meadows and saltmarsh.

In the opening of the 2017 Belt and Road Forum for International Cooperation, Chinese leader Xi Jinping stated that the BRI should "pursue the new vision of green development and a way of life and work that is green, low-carbon, circular and sustainable" in accordance with the goals of the 2030 Agenda for Sustainable Development. A report by the United Nations Development Programme and CCIEE frame the BRI as an opportunity for environmental protection so long as it is used to provide green trade, finance, and investment in alignment with each country's implementation of the Sustainable Development Goals. Other proposals include providing financial support for BRI member countries aiming to fulfill their contribution to the Paris Agreement, or providing resources and policy expertise to aid the expansion of renewable energy sources such as solar power in member countries.

The Belt and Road Initiative International Green Development Coalition (BRIGC) was launched during the 2nd Belt and Road Forum for International Cooperation in April 2019. It aims to "integrate sustainable development, in particular environmental sustainability, international standards and best practices, across the... priorities of the Belt and Road Initiative". However, many scholars are unsure whether these best practices will be implemented. All BRI-specific environmental protection goals are outlined in informal guidelines rather than legally binding policies or regulations. Moreover, member nations may choose to prioritize economic development over environmental protections, leading them to neglect to enforce environmental policy or lower environmental policy standards. This could cause member nations to become " pollution havens" as Chinese domestic environmental protections are strengthened, though evidence of this currently happening is limited.

In September 2021, China's paramount leader Xi Jinping announced that his country will "step up support" for developing countries to adopt "green and low-carbon energy" and will no longer be financing overseas coal-fired power plants.

Human rights accusations

According to a report by American NGO China Labor Watch, there are widespread human rights violations concerning Chinese migrant workers sent abroad. The Chinese companies allegedly "commit forced labor" and usually confiscate the workers' passports once they arrive in another country, make them apply for illegal business visas and threaten to report their illegal status if they refuse to comply, refuse to give adequate medical care and rest, restrict workers' personal freedom and freedom of speech, force workers to overwork, cancel vacations, delay the payment of wages, publish deceptive advertisements and promises, browbeat workers with high amount of damages if they intend to leave, provide bad working and living conditions, punish workers who lead protests and so on.

Reactions and criticism

Support

To date, more than 130 countries have issued endorsements. Moscow has been an early partner of China, and Russia and China now have altogether 150 common projects including natural gas pipelines and the Polar Silk Road. In March 2015, Russia's First Deputy Prime Minister Igor Shuvalov

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