Introduction

Abstract

The BRI can lead towards a more sustainable economic development in multiple countries which will have an impact on the global economy and the international financial system. However, the shift of trade towards the emerging countries, including the increase in South–South trade has implications for international relations. The BRI is likely to cause a movement towards a multipolar world order, which will be opposed by those who benefit from the present world order. A shift in economic power causes a shift in political power, so that it may set in motion a countervailing effect, such as through the use of protectionism, sanctions and trade disputes. Consequently, global politics will enter the everlasting cycle of the rise and fall of nations.