China is moving towards building the largest economic power in the world, so what does this mean economically and politically for Europe, America, the Middle East and the Arab world? This project is called the expansionist Chinese Marshall Plan which is a revival of the old Silk Road in a new way. It represents the aspirations of the Chinese people and their president, Xi Jinping, to build a transport route from Asia to Europe and a railway plan to transport goods. The purpose of this is to develop the economic growth model, expand into new markets, promote the Chinese currency, and expand economic and political influence in the areas covered by the Chinese initiative. Equal opportunities in distributing investments to these countries, and the emergence of the importance of the Chinese project is due to the world’s need for stability, security, and peaceful coexistence away from the economic crises experienced by Europe or the armed conflicts experienced by the Arab countries. It is a huge economic and global project that can achieve profits for the participating countries.
Receipt date:08/26/2020 accepted date:9/8/2020 Publication date:12/31/2021
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