China's Belt and Road
China's Belt and Road

Author: Jennifer Hillman

Publisher: Council on Foreign Relations Press

Published: 2021-03-23

Total Pages: 190

ISBN-13: 9780876098004

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China's massive, globe-spanning Belt and Road Initiative (BRI) seeks to build everything from railways, ports, and power plants to telecommunications infrastructure and fiber-optic cables. Chinese President Xi Jinping's signature foreign policy endeavor, BRI has the potential to meet developing countries' needs and spur economic growth, but its implementation creates risks that outweigh its benefits. Unless the United States offers an effective alternative, China could reorient global trade networks, set technical standards that would disadvantage non-Chinese companies, lock countries into carbon-intensive power generation, increase its political influence over countries, and acquire power projection capabilities for its military. The COVID-19 pandemic has made a U.S. response more urgent as the global economic contraction has accelerated the reckoning with BRI-related debt. China's Belt and Road: Implications for the United States proposes that the United States respond to BRI by putting forward an affirmative agenda of its own, drawing on its strengths and coordinating with allies and partners to promote sustainable, secure, and green development.

The Investment Opportunities and Risks of the Belt and Road Initiative
The Investment Opportunities and Risks of the Belt and Road Initiative

Author: Fan Zhang

Publisher: Cambridge Scholars Publishing

Published: 2023-08-23

Total Pages: 360

ISBN-13: 1527510840

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The Belt and Road Initiative (BRI) is an ambitious infrastructure construction program designed and financially supported by the Chinese government. It spans the globe and is active in about 150 countries, affecting the international order, government policies, and ordinary people’s daily lives. The BRI uses a version of China’s domestic development model, set in an international environment. Using a wealth of documents, cases, multi-country input-output models, and a project database created by the authors, this book provides a complete picture of the BRI: its benefits, risks, and implications. The book explores the institutional roots of the problems of the BRI (including debt problems), argues that the debt problem is a soft budget constraint problem, and discusses the redesign and reorganising of its future versions. This book aims to help policymakers, researchers, students, and everyone interested in political science, economics, and country-specific research to understand and rethink the advantages and risks of the BRI.

Chinese Perspectives on the Belt and Road Initiative
Chinese Perspectives on the Belt and Road Initiative

Author: Joel Wuthnow

Publisher: Createspace Independent Publishing Platform

Published: 2017

Total Pages: 56

ISBN-13: 9781978092525

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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.

China's Belt And Road Initiative In Asean: Growing Presence, Recent Progress And Future Challenges
China's Belt And Road Initiative In Asean: Growing Presence, Recent Progress And Future Challenges

Author: Suthiphand Chirathivat

Publisher: World Scientific

Published: 2022-01-27

Total Pages: 430

ISBN-13: 9811241325

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Southeast Asia's interactions with China have tremendously transformed and prospered in the recent decades, with China becoming ever more present on Southeast Asian soil in recent history, touching all dimensions: economic, political, social, and cultural. The current ASEAN-China dynamics are remarkably different from the past, bearing both excitement and caution for watchers. In this context, the advent of China's Belt and Road Initiative (BRI) has added a new perspective to the nature of China's rise in ASEAN. As the various BRI projects continue to unfold in ASEAN countries, public concerns about the impact of these projects are on the rise.However, there has not been enough extensive study on this issue. This edited book contributes towards bridging the knowledge gap by facilitating experts from ASEAN, China, and beyond, to discuss, reflect, debate the ground realities of BRI based on the local governments' and local people's experiences and narratives. The chapters in this volume address various dimensions of the BRI, provide unique perspectives, empirical evidence, and updated information on the overall progress of BRI in ASEAN.

International Flows in the Belt and Road Initiative Context
International Flows in the Belt and Road Initiative Context

Author: Hing Kai Chan

Publisher: Springer Nature

Published: 2020-04-27

Total Pages: 309

ISBN-13: 9811531331

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This edited volume brings together a wide range of academics to engage with inter-disciplinary research perspectives in response to the development of The Belt and Road Initiative (BRI) which opens unparalleled opportunities to gain access to new markets in Asia, Europe and Africa. The collection examines opportunities offered in key areas such as trade and investment, policy coordination, facilities connectivity and cultural exchange. It also notably considers how the historical, environmental, cultural and political background to the BRI impacts this hugely ambitious plan which has been described as the ‘new Silk Road', as well as the challenges across these spheres in a part of the world which has witnessed much instability historically. Chapter "Between Adoption and Resistance. China’s Efforts of ‘Understanding the West,’ the Challenges of Transforming Monarchical Legitimacy, and the Rise of Oriental Exceptionalism, 1860-1910” is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.

China's Belt and Road: A Game Changer?
China's Belt and Road: A Game Changer?

Author: Alessia Amighini (a cura di)

Publisher: Edizioni Epoké

Published: 2017-07-11

Total Pages: 110

ISBN-13: 8899647631

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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.

China Outbound Investments
China Outbound Investments

Author: Lutz-Christian Wolff

Publisher:

Published: 2011-04

Total Pages: 1136

ISBN-13: 9789881934703

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In the first half of 2010 Chinese direct outbound investments hit US$23 billion, with seven deals over US$ 1 billion. In fact, China's outbound investments are a hot topic around the globe. China Outbound Investments offers practical and authoritative guidance to Chinese investors and their advisors as well as to those located in actual and potential target countries of Chinese investments around the world. China Outbound Investments provides: - a structured and precise introduction to the law and practice of China outbound investment projects, including approval and registration requirements, anti-trust law, HR issues, taxation and accounting; - a comprehensive discussion of general topics of importance in the context of cross-border investments, such as the discussion of structuring options, tax planning, outbound related IT and IP issues as the importance of investment treaty networks; - a unique compilation of over 20 country reports from law firms around the world addressing their home jurisdictions' inbound investment regimes; and - a compilation of bilingual PRC laws and regulations governing China outbound investments. China Outbound Investments is unrivalled in terms of the comprehensiveness of the areas covered in great detail and the practical approach taken by the different authors.

Meeting Asia's Infrastructure Needs
Meeting Asia's Infrastructure Needs

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2017-02-01

Total Pages: 235

ISBN-13: 9292577549

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Infrastructure is essential for development. This report presents a snapshot of the current condition of developing Asia's infrastructure---defined here as transport, power, telecommunications, and water supply and sanitation. It examines how much the region has been investing in infrastructure and what will likely be needed through 2030. Finally, it analyzes the financial and institutional challenges that will shape future infrastructure investment and development.

China’s Belt and Road Initiative
China’s Belt and Road Initiative

Author: Pradumna B. Rana

Publisher: Springer Nature

Published: 2020-07-30

Total Pages: 199

ISBN-13: 9811551715

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The Belt and Road Initiative (BRI), officially unveiled in 2013, is Chinese President Xi Jinping’s signature foreign and economic policy initiative to achieve improved connectivity, regional cooperation, and economic development on a trans-continental scale. This book reviews the evolving BRI vision and offers a benefit-risk assessment of the BRI’s economic and geopolitical implications from the perspective of Asian stakeholder countries, using both qualitative and quantitative research methods. Among the value added of the book is first an online perception survey of opinion leaders from Asian participating countries on various aspects of the initiative. To our best knowledge, the survey is the first of its kind. Second, the book presents the simulation results of a computable general equilibrium model of the world economy to estimate the potential macroeconomic impacts of the BRI as a whole and those of its constituent overland and maritime economic corridors. Third, the book makes ten key evidence-based policy recommendations on how to enhance the prospect of a successful and mutually beneficial BRI 2.0 to both China and stakeholder countries.

Securing the Belt and Road Initiative
Securing the Belt and Road Initiative

Author: Alessandro Arduino

Publisher: Springer

Published: 2018-02-01

Total Pages: 311

ISBN-13: 9811071160

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This collection explores the expansion of Chinese outbound investments, aimed to sustain the increased need for natural resources, and how they have amplified the magnitude of a possible international crisis that the People’s Republic of China may face in the near future by bringing together the views of a wide range of scholars. President Xi’s Belt and Road initiative (BRI), aimed to promote economic development and exchanges with China for over 60 countries, necessitates a wide range of security procedures. While the threats to Chinese enterprises and Chinese workers based on foreign soil are poised to increase, there is an urgent need to develop new guidelines for risk assessment, special insurance and crisis management. While the Chinese State Owned Enterprises are expanding their international reach capabilities, they still do not have the capacity to assure adequate security. In such a climate, this collection will be of profound value to policy makers, those working in the financial sector, and academics.