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One Belt One Road Initiative Analysis

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One Belt One Road Initiative Analysis
International connection is one backbone to maintain the bloom economic growth. To ribbon the road, rail and energy resources to increase the traceability between China and countries along with the sea-based routes, the Chinese President Xi Jinping introduced a “One Belt, One Road” Initiative in October 2013. In the 2016 Policy Address, our Chief Executive Leung Chun Ying mentioned what role Hong Kong should play in the project. He stated that “by leveraging the combined advantages of “one country” and "two systems” industries in Hong Kong”, Hong Kong has its strength competitive advantages as a super-connector between the Mainland China and the worldwide. However, his comments have raised a quite amount of controversies in the society as people’s perception towards the benefits varies to some certain extent. For instance, Agnes Chan, Hong Kong and Macau managing partner for EY believes that the “One Belt One Road” Initiative is a perfect time for Hong Kong to leverage its expertise and unique resources. While regarding the Fitch Rating Report, it explains that this ambitious project may unbalance the commercial development of Hong Kong. In this essay, I will argue that the “One Belt, One Road” Initiative is the ideal springboard for Hong Kong to play to its strengths in the following three aspects. …show more content…
One Belt, One Road, which the abbreviation of “Silk Road Economic Belt” and a “21st Century Maritime Silk Road”. The “belt” refers to the large land area in Eurasia. While the maritime “road” refers to the sea route that is linking from China coastal cities to Africa and Mediterranean and passing through the Southeast Asia. (Belt and Road Initiative,
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