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The '''One Belt, One Road Initiative''' ('''OBOR''') or '''Belt and Road''' is an umbrella term used to cover a range of Chinese funded, and usually Chinese built, [[infrastructure]] projects around the globe. Usually it's a condition of funding that the host country use Chinese companies, and often Chinese workers, to build the project. Often the relevant facilities are then run by Chinese personnel. For economically vulnerable countries with ambitious leaders, a big advantage of Belt and Road money is that it rarely involves the accountability and transparency requirements of a regular loan, and is often accompanied by massive political donations. If the host country can't make the payments, China than repossesses the project.  

The '''Belt and Road Initiative''' ('''BRI'''), formerly the '''One Belt, One Road''' is an umbrella term used to cover a range of Chinese funded, and usually Chinese built, [[infrastructure]] projects around the globe. Usually it's a condition of funding that the host country use Chinese companies, and often Chinese workers, to build the project. Often the relevant facilities are then run by Chinese personnel. For economically vulnerable countries with ambitious leaders, a big advantage of Belt and Road money is that it rarely involves the accountability and transparency requirements of a regular loan, and is often accompanied by massive political donations. If the host country can't make the payments, China than repossesses the project.  

Officials of the [[People's Republic of China]] are quite open that Belt and Road is aimed at creating a Eurasia wide Chinese led bloc to counter the [[United States]].

Officials of the [[People's Republic of China]] are quite open that Belt and Road is aimed at creating a Eurasia wide Chinese led bloc to counter the [[United States]].