The following research was conducted in order to shed some in depth light on how a "Belt and Road Initiative" project can look like in reality. As China consistently portrays the BRI as mutual...Show moreThe following research was conducted in order to shed some in depth light on how a "Belt and Road Initiative" project can look like in reality. As China consistently portrays the BRI as mutual beneficial and a "win-win" situation for all participants, I was keen on verifying this statement and identify if this proclamation matches reality. For this purpose, the “Special Economic Zone” of Khorgos, which is located in Kazakhstan, was chosen. It is a project along the BRI, at the border of Kazakhstan and China. The project itself has not seen much media coverage and hence turned out to be an insightful research project. The general purpose of Khorgos is to boost the amount of traded goods as well as attract investment into the area. The chosen method of research aimed at analyzing speeches given by officials of both countries regarding the BRI as well as Khorgos specifically and from that derive a possible contrast with reality. The result of the research was, that, as the project came only recently into being, it disclosed several negative aspects such as the lack of information, clarity and entry barrier for third parties outside of China and Kazakhstan. Moreover, it turned out that the business advantages prevail heavily on the Chinese side. Khorgos is furthermore not as fruitful as initially anticipated by both parties. Additionally, it is likely that China will remain the main investor in the region and continue to seek to explore new trade corridors. along the BRI, at the border between Kazakhstan and China, which has not seen much coverage and hence turned out to be an insightful research project.Show less
