Final Paper: Chinese Economics
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, 2
Final Paper: Chinese Economics
Introduction
In the current world, there are many countries that are struggling to control the economy
of the world. As a result, it is evident that the battle is between the People's Republic of China
and the United States of America. The United States has been at the helm for the longest time,
having the developing countries more so, African countries depending on them (Clarke, 2017).
However, in the recent past, China has come around with a plan to influence the world
economically, referred to as Belt and Road Initiative (BRI). In layman language, the BRI is a
plan to develop a wide infrastructure for the movement of goods, services, and people from
China to other countries across Asia, Europe, the Middle East, and Africa (Cheney, 2021). The
belt in these terms refers to the railways and roads, whereas the road refers to the sea routes. In a
bid to achieve this, China has implemented a technological dimension referred to as the Digital
Silk Road and the Health Silk Road (Clarke, 2017). This incorporates digitalizing the traditional
Silk road used in ancient China to facilitate the movement of ideas, goods and services, and
medical facilities across the world to provide global leadership.
The plan has been in existence for some time, and it has had a lot of economic influence
on China. This paper seeks to analyze the whole phenomenon of the Digital Silk Road and how
it will influence China's economy and, as a result, how this will affect the strategic interest of the
United States in Africa (Clarke, 2017). The paper will first analyze the political, economic, and
security issues in East Asia, where China is located. Similarly, it will evaluate how these issues
will impact the United States of America on its own (Clarke, 2017). After understanding all these
relations, then the paper will make it easy to understand how DSR and HSR impact the strategic
interest of the USA in Africa, with case studies of Senegal, Zambia, and Kenya.
Historical legacy and its impact on contemporary state relations in East Asia