The Role of China’s Sovereign Wealth Funds in President Xi Jinping’s Ambitious Belt and Road Initiative

2018 ◽  
pp. 289-303 ◽  
Author(s):  
Stephen Thomas ◽  
Ji Chen
2021 ◽  
Vol 108 ◽  
pp. 105560
Author(s):  
Fabio Carlucci ◽  
Carlo Corcione ◽  
Paolo Mazzocchi ◽  
Barbara Trincone

2020 ◽  
Vol 2 (2) ◽  
pp. 23-45
Author(s):  
Jin-Hui Li ◽  
Chol-Ju An ◽  
Gwang-Nam Rim

Purpose: This paper analyzes the impact of transport infrastructure on Gross Regional Products in Chinese provinces under the “Belt and Road Initiative”. Methods: The impact of the key elements of transport infrastructure on Gross Regional Products is analyzed based on the data related to development levels of transport infrastructure and economic development. Correlation and regression analyses were used for data analysis. Results: It is found that railways and highways, which are the key elements of transport infrastructure, have a strong correlation with Gross Regional Products, and their effects are diverse among provinces under study. Implications: The findings demonstrate the position and role of diverse infrastructural elements in enhancing the economic benefits of infrastructural investment and promoting economic growth. Thus, it is expected to facilitate decision-making related to infrastructural investment under the “Belt and Road Initiative”.


2021 ◽  
Vol XXIV (Issue 2) ◽  
pp. 1019-1036
Author(s):  
Luiza Kostecka-Tomaszewska ◽  
Monika Krukowska

2020 ◽  
Vol 9 (2) ◽  
pp. 268-276
Author(s):  
Jean A. Berlie

PurposeThis article looks at the differences and similarities between globalization and the role of China on globalization, in particular for the Hong Kong Special Administrative Region of China (HKSAR).Design/methodology/approachThis article is based on research, reading, and interviews on globalization.FindingsChina is promoting the new globalization of the century called Belt and Road Initiative (BRI) which is a unique way to boost again the economy of China.Originality/valueStudies of the New Maritime and Land Silk Road of China are rare; in particular, the role of the HKSAR is ignored. Macau also plays a role because it was the first point of globalization in the seventeenth century. China is really a global country, and the Chinese are numerous in all continents. Chinese Internet role is also mentioned. Globalization is a key concept not only for China and Asia but also for the Hong Kong Special Administrative Region (HKSAR), Africa, and countries in Latin America such as Bolivia and Venezuela. This article looks at the differences and similarities between globalization and the role of China on globalization. The HKSAR and the Greater Bay Area are part of the same country. China is developing the new globalization of the century called, in 2017, the Belt and Road Initiative (BRI). The current definition of Chinese globalization includes land and maritime Silk Road, now the BRI.


2020 ◽  
Vol 11 (1) ◽  
pp. 45
Author(s):  
Rao Qasim IDREES ◽  
Zaheer Iqbal CHEEMA ◽  
Jawad RIAZ

This research paper centers on logistics investment policies both in legal and social manners for current and future China Pakistan trade with reference to CPEC. With further improvement, many other regional economic players in prospective time may join the CPEC projects, where Afghanistan, Central Asian and SAARC states are prominent to enter for the said purpose. There are different practices around the world to achieve socio economic progress. Hence a unified and harmonized system of applicable rules and regulation is required forthwith in order to get benefits from CPEC. This research paper primarily deals with the history of China Pakistan relations in the context of CPEC and Belt and Road Initiative and their benefits to Pakistan. Furthermore, the role of harmonization and unification among legal rules and physical infrastructure is discussed to find benefits and better solutions.  This study applies legal research process where historical method is conducted to observe the history of Belt and Road Initiative (BRI) which further includes China Pakistan trade relations and their situation regarding logistics investment in CPEC. Furthermore, comparative legal research is applied to find out the differences among Pakistan legal system and international laws to make foreign investment more beneficial. This research concludes that domestic legislation in Pakistan in the areas of logistics and transportation is very limited in scope. Furthermore, such legislation does not cover the broad area of international trade. In current situation it is pertinent for Pakistan to introduce and revise such legislations and codes and not doing so China may again ask Pakistan to enact law as per his own benefits which he did while Pakistan amend Competition and special economic zone laws. Furthermore, CPEC in future will invite many other trade partners for their investment contribution in the region. This necessitates Pakistan to build strong physical infrastructure and negotiate further trade agreements and relevant legislation with other partners in the region and not only rely upon bilateral agreements with China.


Complexity ◽  
2021 ◽  
Vol 2021 ◽  
pp. 1-15
Author(s):  
Jianjun Xu ◽  
Xiaowei Yang ◽  
Asif Razzaq

Humanistic factors have been playing increasingly significant roles in international trade. Recently, the Belt and Road Initiative (BRI) proposed by China has drawn worldwide attention. This paper examines the roles of humanistic factors in international trade networks across the BRI countries. Firstly, we analyzed the structural characteristics of the import trade network across the 61 BRI countries and subsequently adopted the cross-sectional exponential random graph model (ERGM) and temporal ERGM to analyze the role of different humanistic factors in the evolution of import trade network from the static and dynamic perspectives, respectively. The results show the following: (I) the network scale of the import trade across the BRI countries has been expanding, the network density of the trade has been increasing gradually, and the “small-world” characteristics of import network are gradually revealed; (II) all of the factors such as a common (official or spoken) language, a common legal origin, a common religious belief, and ever sibling relationship help the BRI countries establish closer import trade ties; and (III) the differences of trade liberalization and financial liberalization, gross domestic product (GDP), and population in different countries also contribute to the evolution of import trade network among the BRI countries, and the countries with relatively higher GDP and greater population are more active in the import trade network.


2019 ◽  
Vol 3 (4) ◽  
Author(s):  
Kaiqiang Xiao ◽  
Liang Chen

Abstract: in 2013, President Xi put forward the strategic ideas of "Silk Road Economic Belt" and "21st Century Maritime Silk Road" during his visit to central Asia and South Asia, which gained extensive attention from the international community. To promote the implementation of the "The Belt and Road" initiative, it is necessary to not only build good infrastructure to promote economic and trade exchanges between countries, but also create a good public opinion environment to enhance exchanges and mutual trust between countries. New media, as one of the main channels of information communication in the current era, plays an important role in spreading the culture of "The Belt and Road" initiative and promoting economic cooperation among countries with its characteristics of flexibility, interactivity and high efficiency. Exploring the role of new media in promoting the political, cultural and economic aspects of the "The Belt and Road" initiative will be of great significance to mastering the power of discourse of the Silk Road and strengthening the exchanges and cooperation among countries along the route.


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