Southeast Asia in the one belt, one road initiative

Abstract

The article describes the Chinese initiative “One Belt, One Road” by the example of its implementation in the region of Southeast Asia. At the same time, the paper investigates the prehistory of the formation of this project. Therefore, the article notes that the positions of Southeast Asian countries on the initiative proposed by China vary greatly and depend on political realities. Based on the analysis of the political and economic situation of the countries of this region the attitudes of Myanmar, Indonesia, Vietnam, Singapore, the Philippines and Japan to this Chinese initiative are highlighted in detail. The paper notes that the recent coup in Myanmar 2021 has further complicated the business environment in the country, not only putting Chinese projects at direct risk, but also threatening Beijing's economic interests in the country. In addition, the article characterizes the key risks and problems of the implementation of PRC initiatives. It is established that there are many problems on the way to the implementation of the said program.