Challenging the Liberal Order: A Neo-Realist Analysis of China’s Belt & Road Initiative and U.S. Strategic Counter-Initiatives

Abstract

In this chapter, the discussion of China's Belt and Road Initiative (BRI), has extraordinarily influenced US global hegemony. By putting resources into framework projects and advancing networks between countries, China desires to build its financial and international power through the Belt and Road Initiative (BRI). The objective of this chapter is to analyze how China's Belt and Road Initiative (BRI) is presenting serious difficulties to the customary international and financial aims of the US global hegemony. In any case, the US and its partners have eyes on China’s Belt and Road Initiative (BRI) and its influences on the world economy cautiously. While certain countries see the Belt and Road Initiative (BRI) as an opportunity to acquire a better network and add to China’s monetary extension, others have voiced stresses over China's aspirations and the conceivable political influence that could accompany its monetary responsibilities. The US has moved toward the BRI, coordinated effort and rivalry. From one viewpoint, the US recognizes the worth of foundation spending in encouraging turn of events and financial development. They also perceive the likely benefits of improved trade and availability that the Belt and Road Initiative (BRI) can give part countries. Accordingly, the US has tried to cooperate with China and participate in BRI (Kim, 2019). In addition, the US has done whatever it takes to protect its own monetary advantages and public security considering China's extending influence. They have passionately inspected the BRI tasks' terms and conditions, focusing on the worth of receptiveness, maintainability, and fair rivalry. The US has worked to foster elective systems and principles that help great foundations venture and dare steady with their standards through programs like the Blue Dot Network. In this chapter, Neo-Realism theory and a subjective information approach in this part. Utilizing the Neo-Realism theory to offer clarifications, this approach empowers us to look at and decipher qualitative data like reports and observations. The US has presented the Form Act and the Infrastructure Transaction and Assistance Network (ITAN) to back foundation projects in the Indo-Pacific region. This part will inspect and discuss how US approaches toward China's Belt and Road Initiative (BRI) consolidate wariness, participation, and intensity. While recognizing the potential benefits of expanded network and framework speculation, the US likewise attempts to shield its interests and goals while being careful about China's aims. As the BRI pushes ahead and China's influence in the worldwide field develops, so too will the influence of this venture on US plans.