Definitions for OBOR
obor

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1. obor

   The Belt and Road Initiative (BRI, or B&R), formerly known as One Belt One Road (Chinese: 一带一路) or OBOR for short, is a global infrastructure development strategy adopted by the Chinese government in 2013 to invest in more than 150 countries and international organizations. It is considered a centerpiece of the Chinese leader Xi Jinping's foreign policy. The BRI forms a central component of Xi's "Major Country Diplomacy" (Chinese: 大国外交) strategy, which calls for China to assume a greater leadership role for global affairs in accordance with its rising power and status. It has been compared to the American Marshall Plan. As of January 2023, 151 countries were listed as having signed up to the BRI.Xi originally announced the strategy as the "Silk Road Economic Belt" during an official visit to Kazakhstan in September 2013. "Belt" is short for the "Silk Road Economic Belt," referring to the proposed overland routes for road and rail transportation through landlocked Central Asia along the famed historical trade routes of the Western Regions; whereas "road" is short for the "21st Century Maritime Silk Road", referring to the Indo-Pacific sea routes through Southeast Asia to South Asia, the Middle East and Africa. Examples of Belt and Road Initiative infrastructure investments include ports, skyscrapers, railroads, roads, bridges, airports, dams, coal-fired power stations, and railroad tunnels. The initiative was incorporated into the Constitution of China in 2018. The Xi Jinping Administration calls the initiative "a bid to enhance regional connectivity and embrace a brighter future." The project has a target completion date of 2049, which will coincide with the centennial of the People's Republic of China (PRC)'s founding. Numerous studies conducted by the World Bank have estimated that BRI can boost trade flows in 149 participating countries by 4.1 percent, as well as cutting the cost of global trade by 1.1 percent to 2.2 percent, and grow the GDP of East Asian and Pacific developing countries by an average of 2.6 to 3.9 percent. According to London-based consultants Centre for Economics and Business Research, BRI is likely to increase the world GDP by $7.1 trillion per annum by 2040, and that benefits will be "widespread" as improved infrastructure reduces "frictions that hold back world trade". CEBR also concludes that the project will be likely to attract further countries to join, if the global infrastructure initiative progresses and gains momentum.Supporters praise the BRI for its potential to boost the global GDP, particularly in developing countries. However, there has also been criticism over human rights violations and environmental impact, as well as concerns of debt-trap diplomacy resulting in neocolonialism and economic imperialism. Many of the concerns of debt-trap diplomacy are actively debated, however.

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1. Obor

   Obor is the name of a square and the surrounding district of Bucharest, the capital of Romania. There is also a Bucharest Metro station named Obor, which lies in this area. Obor stands in the place of "Târgul Moșilor", a fair famous throughout Wallachia, which was held twice a week. In old Romanian "obor" meant enclosure, corral. Located outside the city, in the 18th century, it was also the place for public hangings. The Obor market, the direct successor of the original fair, was, until 2007, Bucharest's largest public market. It covered about 16 city blocks and included a variety of indoor and outdoor market spaces, with goods ranging from compact discs to live chickens. Informally, the market spilled into the surrounding neighborhood, both in terms of street vendors and in terms of the nearby Magazin Universal named Bucur Obor, a large commercial building that has been parcelled up into hundreds of small, independent retail stores. The market was demolished, not without public outcry, in order to pave the way for a modern mall, new apartment buildings and a small park, thus ending a 300 year tradition. Obor is near the quarter of Colentina and Moșilor.

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1. OBOR

   What does OBOR stand for? -- Explore the various meanings for the OBOR acronym on the Abbreviations.com website.

How to pronounce OBOR?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say OBOR in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of OBOR in Chaldean Numerology is: 9

2. Pythagorean Numerology

   The numerical value of OBOR in Pythagorean Numerology is: 5

Examples of OBOR in a Sentence

1. Nick Marro:

   China is looking to use OBOR as a way to ship its own domestic overproduction offshore.

2. Guan Jianxing:

   They are telling us they don't support OBOR and sabotaging our relationships with other countries.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Obor
2. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=OBOR