Abstract
China seeks to use OBOR to establish more robust ties with its peripheral partners that ensure greater connectivity, greater interdependence, and a shared “destiny.” It has identified Mongolia as a key partner in OBOR and an “artery” in China’s overall regional diplomacy. Engagement has deepened over the past several years. Xi is eager to coordinate China’s OBOR with Mongolia’s Steppe Road Initiative, notably across the mining sector and with regard to infrastructure development. China has increased financial and developmental commitments at a time when other states are limiting their support, which is critical as global prices for commodities fall and massive debt due to budget shortfalls and bond repayments have led to extreme economic difficulties
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Notes
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Reeves, J. (2018). Mongolia’s Place in China’s Periphery Diplomacy. In: Rozman, G., Radchenko, S. (eds) International Relations and Asia’s Northern Tier. Asan-Palgrave Macmillan Series. Palgrave, Singapore. https://doi.org/10.1007/978-981-10-3144-1_11
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DOI: https://doi.org/10.1007/978-981-10-3144-1_11
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