Reshaping the Economic Cooperation Pattern of the Belt and Road Initiative


Book Description

This book focuses on the important theme of economic cooperation along the Belt and Road. Starting from an analysis of current situation, the book defines the cooperation direction and specific tasks for extensive fields and goes on to provide a systematic analysis of the cooperation mechanism, trade, investment, infrastructure construction, energy and industry park cooperation along the Belt and Road. Using in-depth research on the situation, opportunities and challenges in pushing forward the economic cooperation along the Belt and Road, the author puts forward policy suggestions on the way forward.




Political Economic Perspectives of China’s Belt and Road Initiative


Book Description

The book begins with an overview on China’s Belt and Road Initiative, highlighting its complex character as a domestic and international development strategy, and offering an up-to-date evaluation of it. In response to this complexity, the book attempts to highlight the Belt and Road Initiative’s double character and how it will address primary domestic development challenges that the Chinese government is facing by adding an international focus to a domestic development strategy. This in turn supports the understanding of China’s political-economic policy and strategy formulation by reminding that supporting China’s domestic development is still the primary task of its government. Even as the domestic aspect of the Belt and Road Initiative is highlighted, its regional and international relevance cannot be ignored either. The Belt and Road Initiative will support a continuation of the persisting debate about the impact that China’s rise generates, and to what extent China can be characterised as a satisfied status quo power or a dissatisfied, revisionist power. In this context, the book draws attention to the various impacts that the Belt and Road Initiative generates in different regional settings. However, the book also identifies some of the limitations that China’s Belt and Road Initiative encounters, despite the seemingly convincing economic goals it offers, and explains why a few of the countries, like India, are resisting the lure.




China's Belt and Road: A Game Changer?


Book Description

Officially announced by Xi Jinping in 2013, the Belt and Road Initiative (BRI) has since become the centrepiece of China’s economic diplomacy. It is a commitment to ease bottlenecks to Eurasian trade by improving and building networks of connectivity across Central and Western Asia, where the BRI aims to act as a bond for the projects of regional cooperation and integration already in progress in Southern Asia. But it also reaches out to the Middle East as well as East and North Africa, a truly strategic area where the Belt joins the Road. Europe, the end-point of the New Silk Roads, both by land and by sea, is the ultimate geographic destination and political partner in the BRI. This report provides an in-depth analysis of the BRI, its logic, rationale and implications for international economic and political relations.




The China-led Belt and Road Initiative and its Reflections


Book Description

This book analyzes the origins and the impacts of China’s Belt and Road Initiative (BRI) on diplomacy, economy (trade, investment, finance), and security among selected host countries and regions in Asia, Africa, and the European Union. By examining the geopolitical economy of BRI activities, it concisely describes the impact of the rise of China and its BRI policy strategy on the reshaping of world order and global governance. This volume explores the BRI by addressing several key questions including: • Why did the Chinese leadership set up the BRI? • What are the activities of BRI projects in the participating countries and related regions? • What are the challenges to the successful implementation of the BRI in the various countries and regions? Moreover, through its analysis of the abovementioned questions, it provides novel contributions to the ongoing scholarly debates between Chinese and non-Chinese scholars – among others, the debate surrounding the “rise of China” and its impact on global governance. Featuring an extensive variety of expert contributors, this study will be an essential reading for students and scholars of International Relations and Global Political Economy as well as Chinese politics and those with an interest in the Belt and Road Initiative more broadly.




The Political Economy Of China's Belt And Road Initiative


Book Description

Silk Road was once the most important economic-cultural tie connecting the Eurasian countries before the rise of the West. In September 2013, Chinese President Xi Jinping put forward the initiative to jointly build the Silk Road Economic Belt and 21st-Century Maritime Silk Road, which is abbreviated as the Belt and Road Initiative (BRI). This book analyzes the BRI through the approach of political economy and establishes the analytic framework of BRI from historical and comparative perspectives. It clearly displays the strategic considerations, future vision, constructing framework, governmental actions, latest achievements, multiple opportunities and potential risks of BRI.As China's grand national development strategy and international cooperation initiative, the BRI will largely shape China's domestic and foreign policies in the Xi Jinping era. The book is the first academic monograph on the BRI and it enables readers to comprehensively understand this initiative and its implications to China, Eurasia and the world.




China's Belt And Road Initiative And Building The Community Of Common Destiny


Book Description

China's Belt and Road Initiative (BRI) has attracted growing attention from around the world since it was first announced. It is, along with the Asian Infrastructure Investment Bank (AIIB), a critical instrument for realizing what the Chinese government calls the Community of Common Destiny (CCD).The core idea presented in this volume is that the CCD represents a new paradigm for promoting regional collaboration in socio-economic development, and plays a crucial role in reshaping the international geopolitical landscape. Contributors show that the belief in common development and common security transcends differences in cultural tradition and pre-existing level of development. This belief underlies the commitments among countries and regions participating in the BRI to working closely together in pursuit of shared and sustained prosperity.The chapters are based on papers presented at 'Building the Community of Common Destiny between China and Its Neighbors: Challenges and the Future', an international forum co-organized by the National Institute for Global Strategy of the Chinese Academy of Social Sciences and the University of International Relations (China). Thirty experts from more than twenty countries have contributed to this volume.




The Political Economy of Regionalism, Trade, and Infrastructure


Book Description

"The articles are timely, especially in view of the increasingly tense global/regional environment. The articles provide both a quantitative and qualitative angles to important questions facing our world; too many quantitative-oriented papers will not appeal to the broader audience while too many qualitative-oriented papers will not attract the attention of economists and data scientists. The articles are drawn from a diverse range of professions including academia, government, and the financial sector"--




Outward Foreign Direct Investment in ASEAN


Book Description

The level of outward foreign direct investment (OFDI) flows from ASEAN countries has increased rapidly in past two decades. This book examines OFDI trends and patterns in the ASEAN region including the impact of the ASEAN Economic Community. It also provides analyses of country policies affecting OFDI and the drivers of OFDI in Indonesia, Malaysia, Singapore and Vietnam. Myanmar is studied as an investment frontier for other ASEAN countries. span, SPAN { background-color:inherit; text-decoration:inherit; white-space:pre-wrap } “The dynamic economies of Southeast Asia have historically been very large recipients of foreign direct investment (FDI). As global capital markets have opened up, and these economies have developed their technological and commercial capabilities, in more recent years Southeast Asia has emerged as a significant source of outward FDI both within the region and beyond. This important volume, by a group of leading regional scholars, offers a timely, comprehensive, accessible and authoritative analysis of this phenomenon.” -- Hal Hill, H.W. Arndt Professor of Southeast Asian Economies, Arndt-Corden Department of Economics, Crawford School of Public Policy, Australian National University “A timely, rich and comprehensive study filling a major gap in the literature on the increasingly important phenomenon of foreign investment flowing out from regions including developing and middle-income countries.” -- Luke Nottage, Professor of Comparative and Transnational Business Law; Associate Director, Centre for Asian and Pacific Law at the University of Sydney




Chinese Perspectives on the Belt and Road Initiative


Book Description

One of Chinese president Xi Jinping's signature foreign policy programs is the Belt and Road Initiative (BRI), a web of infrastructure development plans designed to increase Eurasian economic integration. Chinese official rhetoric on the BRI focuses on its economic promise and progress, often in altruistic terms: all countries have been invited to board this "express train" to wealth and prosperity. Missing from the rhetoric is much discussion of the initiative's security dimensions and implications. Chinese officials avoid describing the strategic benefits they think the BRI could produce, while also gliding over major security risks and concerns. Yet at the unofficial level, China's security community has paid close attention to these issues, probing in great depth the gains Beijing can expect, the challenges it will face, and the new demands it will have to satisfy. Understanding those Chinese assessments is helpful as the United States considers how, when, and in what capacity to engage the BRI.




Belt And Road Initiative: Interregional Cooperation Between Asia And Europe


Book Description

China's Belt and Road Initiative (BRI) is an important developmental measure that started from September 2013 when Chinese President Xi Jinping initiated the strategic concept of building a new Silk Road Economic Belt, as a model for global economic development and growth.This book focuses on the BRI's influence on the interregional cooperation between Asia and Europe. It discusses a variety of topics including financial security — featuring how financial institutions, such as Asian Infrastructural Investment Bank, World Bank and Asian Development Bank provide feasible financial support for the economic development of countries along the BRI route; China's Economy and the 'New Normal' transformation; the integration of high-speed railways, equipment manufacturing into the Initiative; the China Dream and many more.