ABSTRACT
Belt and Road Initiative (BRI) is described as a global infrastructure investment and development plan aimed at repositioning China at the center of international trade, thus reaffirming China’s position as a potential challenger on the international scene. As an authoritarian one-party state, the Chinese Communist Party's biggest concern is to maintain political legitimacy and political order. The main objective of the BRI is to have China gain access to resource-rich emerging economies in Central Asia. Similarly, the BRI can provide some additional benefits to China, such as technology transfers and the opportunity to enshrine the Chinese stock market as a new center for price settlements of various commodities. Chinese interest in Greenland is relatively recent and started mostly by way of a flock of state-owned enterprises taking over existing companies or going in with joint venture partnerships. Considering China’s reputation on the international scene, dealing with sovereign states or governments part of a union can be difficult or simply impractical.
