Jan 20, 2020 the belt and road initiative bri is emerging as a vital lynchpin in chinas efforts to establish a maritime and continental zone of influence in the indopacific region. At the heart of belt and road initiative lies the creation of an economic land belt that includes countries on the original silk road through central asia, the middle east and europe, as well as a maritime road that links chinas port facilities with the african coast, pushing up through the suez canal into the mediterranean. Opportunities and challenges of a chinese economic ambition strives to reflect upon and synthesize the challenges and opportunities faced by china and indeed the rest of the world pertaining to the implementation of such an ambitious project. This volume approaches chinas belt and road initiative as a process of culturalization, one that started with the silk road and continued over the millennium. The impact of chinas belt and road initiative from asia. The belt and road initiative is now probably the most important thing in chinas international policies, nick bisley, international relations professor and the executive director of latrobe. Silk road to belt road reinventing the past and shaping. Chinas belt and road initiative bri has become the organizing foreign policy concept of the xi jinping era. Chief of investment arbitration, united states of america this is a big book on a very big subject. Since the introduction of the one belt, one road initiative obor, first proposed in late 20, international scholars have begun to study this. The belt and road initiative and the future of regional order in the indopacific interrogates to what extent bri represents an achievable vision of a chinacentric order in. The belt and road initiative and the future of regional order.
I spent two years on chinas belt and road, and this is. The belt and road initiative includes includes of world trade and gdp and over 60% of the worlds population. The belt and road initiative the belt and road initiative refers to the silk road economic belt and 21st century maritime silk road, a significant development strategy launched by the chinese government with the intention of promoting economic cooperation among countries along the proposed belt and road routes. Bringing together a collection of interdisciplinary chapters on chinas belt and road initiative bri, this book offers a comprehensive overview of the topic from a business and management perspective.
What is the similarity between the new and the old silk road. China proposed the belt and road initiative bri in 20 to improve connectivity and cooperation on a transcontinental scale. I spent two years on chinas belt and road, and this. This book views the belt and road initiative bri, a bold and allencompassing 21st century global effort by china, with unprecedented perspectives. A concise guide to the belt and road initiative the. At the heart of belt and road initiative lies the creation of an economic land belt that includes countries on the original silk road through central asia, the middle east and europe, as well as a maritime road that links chinas port facilities with the african coast, pushing up. Chinas belt and road initiative bri is a potential gamechanger for the central asia and south caucasus casc region. This study, by a team of world bank group economists led by michele ruta, analyzes the economics of the initiative. Chinas belt and road initiative represents a sweeping vision for establishing a global economic network of trade and development, with infrastructure projects in nearly 70 countries.
During his address to the nazarbayev university in kazakhstan in september 20, xi proposed the idea of a silk road economic belt, connecting china to europe via land, in order to forge closer ties, deepen cooperation and expand the development space in the eurasian region. This book focuses on analysis of the initiatives and the responses from the major powers, neighboring countries and regions. Covering almost seventy countries by land and sea, it will affect every element of global society, from shipping to agriculture, digital economy to tourism, politics to culture. What are some books about chinas one belt one road initiative. In concrete terms, the belt and road initiative is an immensely ambitious development campaign through which china wants to boost trade and stimulate economic growth across asia and beyond. China proposed the belt and road initiative in 20 to improve connectivity and cooperation on a transcontinental scale. Xis vision is an ambitious program of infrastructure building to. Jan 28, 2020 one belt one road obor, the brainchild of chinese president xi jinping, is an ambitious economic development and commercial project that focuses on improving connectivity and cooperation among. In 20, president xi jinping called upon the spirit of the silk road, a twomillennia trade route that connected china to central asia, africa and europe, to build the new silk road economic belt and the 21st century. The belt and road initiative sage publications ltd. China has implemented the initiatives by establishing asian infrastructure investment bank and silk road fund. The belt and road initiative sage publications inc. Quantifying the impacts of the bri is a major challenge, which is why the world bank group has produced. The central question is how chinas expanding economic influence will transform the eurasian political landscape.
With a focus on the china pakistan economic corridor cpec, volume ii provides theoretical and empirical analyses of the opportunities and challenges facing businesses. This book constitutes an authoritative interpretation of the belt and road initiative by professor wang yiwei, a distinguished expert on international issues. The belt and road initiative is a great proposal put forward by china and public goods created through international cooperation, which is faced with opportunities in terms of chinas allround opening up, peripheral diplomacy, regional cooperation and global development, as well as risks in security, economic, moral and legal fields. This article is about chinese infrastructure projects in asia, europe, and africa. The belt and road initiative series on chinas belt and. What objectives does the chinese government have in view. Pdf education in and for the belt and road initiative.
China renews its belt and road push for global sway the. It describes in detail the role and involvement of institutions lenders, in particular in the obor initiative. Feb 26, 2020 belt and road initiative bri, which aims to promote participation in global openness and. The belt and road initiative bri was set in motion by xi jinping in two speeches. However, the purpose of the bri is not economic or cultural but strategic, and is an effort to mask the expansion of chinese. In mainstream literature, the belt and road initiative bri has been portrayed as the geoeconomic vision and geopolitical ambition of chinas current leaders, intended to shape the future of the world. Assessing the impacts of chinas belt and road initiative. This book merges macro and microlevel analysis of the belt and road initiative bri to dissect chinas aim in creating an integrated eurasian continent through this single megaproject.
It assesses the connectivity gaps between economies along the initiatives corridors, examines the costs. Understanding the chinese belt and road initiative revista. It covers perspectives from regions both in and around asia, as well as. Nov 05, 2017 focused on the belt and road initiative, this book discusses chinas opportunities to translate economic leverage into political outcomes. What are some books about chinas one belt one road.
This book is among the first to systematically analyze and discuss the chinese governmentsone belt, one road initiative to promote infrastructure investment. In 2018, premier daniel andrews signed a memorandum of understanding with chinas national development and reform commission to work together on belt and road initiatives. Chinas belt and road initiative sage publications inc. Given the author has been intensively involved in the study of and planning for the bri, the book offers a valuable academic insight into this chinese initiative. Chinas belt and road china wants to put itself back at. The 21stcentury version of the silk road will take shape around a vast network of transportation, energy, and telecommunication infrastructure, linking europe and africa to asia and accompanied by strengthened monetary cooperation and increased peopletopeople. Chinas belt and road strategy is acknowledged to be the most ambitious geopolitical initiative of the age. May, 2017 sunday marked the start of the belt and road forum barf in beijing, a firstofitskind conference about chinas belt and road initiative. The belt and road initiative is an example of how the chinese invoke their millenary history in their current strategies. The belt and road initiative law, economics, and politics.
Get instant access to over 20,000 summaries of the best business, leadership, and nonfiction books. The one belt one road obor initiative is a historical landmark which intends to connect more than twothirds of the world population and opening up the windows for reviving global business. Pdf education in and for the belt and road initiative the. Reuse this content the trust project more from the economist explains. China renews its belt and road push for global sway. Chinas belt and road initiative in a global context. Despite the repulsive acronym, 28 heads of state, 100. Chinese president xi jinping launched the silk road economic belt component of the one belt one road obor initiative at kazakhstan in 20. May 25, 2020 in 2018, premier daniel andrews signed a memorandum of understanding with chinas national development and reform commission to work together on belt and road initiatives. However, there is a journalist who has been writing quite informative articles about it. There are many questions of course and the debate over chinas belt and road initiative will continue in the years and decades to come. The belt and road initiative has plenty of problems but mr xi is determined to push ahead with it. First, it introduces the one belt, one road initiative, and the underlying economic and political drives. The book can be divided into four large conceptual units.
Jun 27, 2019 chinas belt and road initiative bri is touted by beijing as an attempt at multinational economic cooperation and development, comprising everything from foreign direct investment to the development of infrastructure. Buy chinas one belt one road initiative by tai wei lim, henry hing lee chan, katherine huiyi tseng, wen xin lim isbn. Obor is a development strategy and framework that focuses on connectivity and cooperation among countries primarily in eurasia. Chinas belt and road china wants to put itself back at the. Casc countries naturally view this massive development program as a unique opportunity to accelerate their economic development through increased foreign investment, upgraded physical infrastructure, and tighter economic relationships with their neighbors. The interpretive section examines contemporary media narratives related to the obor initiative and how contemporary. But, as the author points out, it will be a game changing. It describes in detail the role and involvement of institutions lenders, in. It highlights the five types of relationships of the new eurasian unity. Any good book about chinas one belt one road strategy. This book attempts to answer this question by leveraging the unique insights of development experts in the casc region.
Jan 15, 2020 now the program, called the belt and road initiative, has come roaring back. Professor wang yiwei is the author the reserach work. Three ways of looking at the belt and road initiative. Bri has been the source of much interest and confusion, as established frameworks of analysis seek to unders.
Mapping chinas one belt one road initiative springerlink. The belt and road initiative an old archetype of a new. This book is essential reading for anyone who wants to better understand the belt and road initiative and how it will define law, economics, and politics in the years to come. Mar 01, 2019 the book also addresses a number of major issues on building the belt and road and contains chinese medias interviews with the author on various bri issues.
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