Special Economic Zones under the CPEC and the Belt and Road Initiative: Parameters, Challenges and Prospects

Author(s):  
Asifa Jahangir ◽  
Omair Haroon ◽  
Arif Masud Mirza

Subject China's involvement in the Mekong region. Significance China’s Lancang-Mekong Cooperation initiative involves dam and development projects, special economic zones and trade. It is integrating the region into the Belt and Road Initiative and has largely eclipsed the existing regional institution established by the downstream Mekong states. Impacts China's Mekong policies may foreshadow its approach to other regions and issues as it becomes more active in world affairs. Beijing will try to reduce the risk of a backlash by funding poverty-alleviation, development and industrial projects in the region. China's activities in the South China Sea will increase other governments' suspicion regarding Chinese activities on the Mekong.


2020 ◽  
Vol 20 (1) ◽  
pp. 97-114
Author(s):  
Alexander Dmitrievich Nesmashnyi ◽  
Yulia Aleksandrovna Nikitina

Chinese Special Economic Zones (SEZs) in Africa are part of the Belt and Road Initiative. They account for a fledgling research area in International Relations, with not much research on the topic. The authors regard traditional approaches in research of SEZs as incapable of grasping the difference between domestic (designed by the state on its own territory) and foreign (designed by a foreign state) SEZs. The concept of territoriality, though applicable only to foreign SEZs, has little to offer in terms of generating new knowledge. The research paper endeavours to offer new theoretical and conceptual frameworks for the study of foreign SEZs. The research is based on concepts of hegemony by different schools of thought, including Hegemonic Stability Theory, the three types of hegemony by Yan Xuetong and Neo-Gramscianism. The authors introduce the concept of “local hegemony”. The authors also highlight the fact that most foreign SEZs emerge in territories of limited statehood (or create them). In order to prove vitality of the concept, comparative research of China’s SEZs in Mauritius and Zambia is conducted. The authors point out relatively poor institutional development of Zambia and the existence of stable democratic institutions in Mauritius. The success of the Chinese SEZ in Zambia is also partially attributed to copper mining. Deriving from economic and institutional empirical data the authors try to detect success conditions of SEZs and analyze the related spillover effects that contribute to the development of African nations. The reasons behind the failure of the Chinese SEZ in Mauritius are traced. Authors conclude that the concept of local hegemony is suitable for studying foreign SEZs and suggest that zones of local hegemony could be sustainable and effective in terms of development.


2019 ◽  
pp. 47-71
Author(s):  
Petr M. Mozias

China’s Belt and Road Initiative could be treated ambiguously. On the one hand, it is intended to transform the newly acquired economic potential of that country into its higher status in the world. China invites a lot of nations to build up gigantic transit corridors by joint efforts, and doing so it applies productively its capital and technologies. International transactions in RMB are also being expanded. But, on the other hand, the Belt and Road Initiative is also a necessity for China to cope with some evident problems of its current stage of development, such as industrial overcapacity, overdependence on imports of raw materials from a narrow circle of countries, and a subordinate status in global value chains. For Russia participation in the Belt and Road Initiative may be fruitful, since the very character of that project provides us with a space to manoeuvre. By now, Russian exports to China consist primarily of fuels and other commodities. More active industrial policy is needed to correct this situation . A flexible framework of the Belt and Road Initiative is more suitable for this objective to be achieved, rather than traditional forms of regional integration, such as a free trade zone.


2018 ◽  
Vol 9 (06) ◽  
pp. 20475-20182
Author(s):  
Ige Ayokunle O ◽  
Akingbesote A.O

The Belt and Road initiative is an important attempt by China to sustain its economic growth, by exploring new forms of international economic cooperation with new partners. Even though the B&R project is not the first attempt at international cooperation, it is considered as the best as it is open in nature and does not exclude interested countries. This review raised and answered three questions of how the B&R project will affect Nigeria’s economy?  How will it affect the relationship between Nigeria and China? What could go wrong?, The review concluded that Nigeria can only benefit positively from the project.


Author(s):  
Adnan Khalaf i Hammed Al-Badrani ◽  
Hind Ziyad Nafeih

The Belt and Road Initiative is an initiative to revive the ancient Silk Road, through networks of land and sea roads, oil and gas pipelines, electric power lines, the Internet and airports, to create a model of regional and international cooperation.       It is essentially a long-term development strategy, launched by the Chinese president in 2013 to become the main engine of Chinese domestic policy and foreign diplomacy and within the framework of the soft power strategy, to enhance its position and influence in the world as a peaceful and responsible country.   The study includes identifying the initiative and setting goals for China, as well as the challenges and difficulties that hinder the initiative.


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