The G.C.C. and China’s One Belt, One Road: Risk or Opportunity?

China’s One Belt, One Road (OBOR) initiative is both a reflection of China’s growing need for deeper engagement with the regions to its west and a grander vision for Chinese foreign policy. OBOR is an ambitious plan for integrating the provinces of China, especially underdeveloped ones in the west and south of the country, with Eurasia through intensified trade, telecommunication, and infrastructure. The plan faces immense challenges. Parts of Eurasia remain unstable, the region attracts major powers whose interests regularly diverge, and political challenges are rampant. Yet, the potential payoffs for both China and Eurasia if OBOR succeeds are substantial. In the Gulf region, OBOR’s impact is intended to maximize commerce among all actors, but its impact is likely to extend beyond economics.

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