The ‘Belt and Road’ Initiative: Fundamental Principles, Content, and Significance for Sino-Indian Relations

Author(s):  
Jianxue Lan
2019 ◽  
Vol 8 (2) ◽  
pp. 117
Author(s):  
Anak Agung Banyu Perwita

The development of the China-Pakistan Economic Corridor (CPEC), as part of the Belt and Road Initiative (BRI), is one of the causes of worsening Sino-Indian relations in recent years. The Economic Corridor runs through Pakistan-occupied Kashmir, which India has claimed as its territory for decades. India sees thie Project as a violation of its sovereignty, but China defends the Project, saying that it is purely an economic connectivity project without strategic purposes. Seeing the possible worsening relations, India initiated to invite Xi Jinping for an Informal Summit with Narendra Modi. With a longstanding historical relationship with China, and his personal style diplomacy, Modi manages to fix some misconception with Xi Jinping on several issues. While trying to fix Sino-Indian relations, Narendra Modi is at the same time still firm on its opposition towards the Project. The authors observe that Narendra Modi’s personality plays a big role in India’s response towards China-Pakistan Economic Corridor. Modi’s strong and assertive personality, coupled with his Hindu-nationalist belief, explained the Indian decision to firmly opposing the CPEC. On the other hand, the footprints of Modi’s charisma, personal-style diplomacy, and his longstanding relationship with China, are visible in the Wuhan Summit, in which Modi became the spearhead of diplomacy.


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.


2020 ◽  
Vol 7 (4) ◽  
pp. 501-519
Author(s):  
Mordechai Chaziza

In July 2018, the Kuwaiti Emir made a state visit of great significance to China, as both countries agreed to establish a strategic partnership creating new opportunities for Kuwait, which aspires to diversify its economy and seek investment opportunities. This study investigates various aspects behind the establishment of this partnership and examines the synergy between the Belt and Road Initiative (BRI) and the Kuwait Vision 2035 (KV2035) to understand the extent of economic engagement and relationship between the two nations. However, despite the considerable increase in Chinese trade and investments in Kuwait, some significant internal obstacles and external challenges remain to the successful integration of KV2035 with the BRI.


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