Belt and Road Initiative: Opportunities and Challenges for Mongolia
Journal: Japan focus
Year: 2021

Abstract In 2013, Chinese President Xi Jinping put forward the One Belt and One Road Initiative, commonly known as the Belt and Road Initiative. The initiative proposed ‘peaceful development’ and ‘economic cooperation’ connecting Asia, Europe and Africa. Within this framework, the establishment of the ‘China-Mongolia-Russia Economic Corridor (CMREC)‘ is envisaged as a promising step toward regional connectivity and economic development in Eurasia through the territory of Mongolia. This article a