Belarus rushes to be part of Chinese trade initiative

2019 ◽  
Keyword(s):  
Industrial Park ◽  
Belt And Road Initiative ◽  
Content Type ◽  
Joint Project ◽  
Belt And Road ◽  
Chinese Trade ◽  
The Eu

Significance Belarus is creating a new role and identity for itself by hosting a large industrial park, a joint project with China and a key component of Beijing's Belt and Road Initiative (BRI). The park is intended to give China a manufacturing and logistical base close to a major rail route into the EU, and boost Belarus's moribund economy. Impacts The Minsk government's role in BRI will alter and enhance its image in Europe. The park operates by its own rules but some hope an innovative and unbureaucratic culture will spread to the wider Belarusian economy. Chinese loans will be comparatively modest and Belarus will still borrow from Russia and Western states. Minsk will host a regional BRI forum in July.

Suzhou industrial park and its role in the belt and road initiative: the great stone industrial park in Belarus

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
María José Haro Sly
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Science And Technology ◽  
Industrial Park ◽  
Belt And Road Initiative ◽  
Content Type ◽  
Belt And Road ◽  
The Belt And Road

PurposeIn recent years, the People's Republic of China has made remarkable progress in science and technology. The Chinese industry is competing for leadership in cutting-edge technologies such as 5G, robotics, artificial intelligence, aerospace and green energy. This article aims to analyze: What role do industrial parks, especially Suzhou Industrial Park, play in upgrading technology to encourage independent innovation and economic development? How SIP is related to the Belt and Road Initiative?Design/methodology/approachThis research summarizes China's most important scientific and technological reforms and policies and in particular the Torch Program. In addition, it develops a case study of the Suzhou Industrial Park (SIP) by analyzing documents, bibliography and presenting data. It ends with a case study of the role of SIP in the Belt and Road Initiative analyzing the Great Stone Park in Belarus.FindingsThis article highlights that: China's experience clearly shows that the "visible hand" of the State plays a very important role in economic development and technological catch-up. All of them are implemented from a strategy linking the national objectives with the local ones, this is done from a top-down perspective. As an important aspect of economic and social development, China's experience in promoting indigenous innovation in science and technology provides a relevant example for developing countries.Research limitations/implicationsThere are few academic literature on Great Stone Industrial Park.Practical implicationsThe international cooperation of the SIP with the technology parks throughout the BRI-countries provides relevant information to deepen collaboration in this field and could contribute to closing the technological gap in developing countries.Originality/valueThe role of the SIP in the Belt and Road initiative is an under research topic. There is few bibliography discussing the impacts of the cooperation in science and technology in the framework of the BRI.

China’s Strategic Partnership with Kuwait: New Opportunities for the Belt and Road Initiative

2020 ◽  
Vol 7 (4) ◽  
pp. 501-519
Author(s):  
Mordechai Chaziza
Keyword(s):  
Considerable Increase ◽  
Strategic Partnership ◽  
Belt And Road Initiative ◽  
Investment Opportunities ◽  
Belt And Road ◽  
Chinese Trade ◽  
Economic Engagement ◽  
The Belt And Road ◽  
Successful Integration

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.

Viewpoint – could the belt and road initiative be derailed? An analysis of impediments to completion

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Peter Enderwick
Keyword(s):  
Design Methodology ◽  
Dynamic Environment ◽  
Belt And Road Initiative ◽  
Relative Significance ◽  
Content Type ◽  
Belt And Road ◽  
Trade War ◽  
The Belt And Road

Purpose The continuation of China’s belt and road initiative (BRI) is assumed in most analyses. Yet, recent events have created significant reputational damage for China and Chinese businesses. With a trade war evolving into a hegemonic struggle, there are a number of potential developments that could derail the BRI. This paper aims to provide a contemporary review of the factors that could negatively impact its continuation, and what China has done to mitigate the risks. Design/methodology/approach A descriptive paper that groups possible disruptive factors into three groups: internal weaknesses of the BRI and its design; those related to China’s implementation of the BRI and external concerns and pressures. Findings China has actively reviewed and refined the BRI to reduce its perceived weaknesses and increase its attractiveness to potential participants, focussing on debt dependency, transparency and governance. However, this has occurred at the same time as growing concerns regarding China’s international assertiveness, the hegemonic challenge and recovery from the COVID-19 pandemic. Research limitations/implications These changes are occurring within an extremely dynamic environment and any analysis at one point in time is subject to considerable limitations. However, the paper brings together a range of disparate perspectives in a structured manner. Originality/value The classification of possible threats to the BRI is original and provides insights into the relative significance of the diverse challenges that China faces. The paper concludes that while China’s operational focus on the mechanics of the BRI process is necessary, it may not be sufficient to ensure its continuing development. The paper identifies the next step which is conceptualisation of these ideas and of the BRI. Some guidance as to how this might be done is provided.

Australia’s foreign scrutiny law will irk Beijing

2021 ◽  
Keyword(s):  
Federal Government ◽  
Infrastructure Investment ◽  
Belt And Road Initiative ◽  
Research Partnerships ◽  
Content Type ◽  
Belt And Road ◽  
Economic Influence

Significance The bill comes as the federal government is increasingly concerned about Chinese political and economic influence in Australia; Beijing has criticised Canberra in recent months and introduced economic strictures. Impacts Universities could lose research partnerships, especially with China, and some foreign academics. Infrastructure investment could suffer, including the Victoria government’s deal to partake in China’s Belt and Road Initiative. The federal government seems to have a secondary agenda for the reforms, to weaken the powers of the eight states and territories.

Renewable energy cooperation between the EU and North Africa

2016 ◽  
Vol 10 (3) ◽  
pp. 312-336 ◽  
Author(s):  
Andreas Beneking ◽  
Saskia Ellenbeck ◽  
Antonella Battaglini
Keyword(s):  
Renewable Energy ◽  
North Africa ◽  
Swot Analysis ◽  
Renewable Energy Sources ◽  
Qualitative Assessment ◽  
The European Union ◽  
Content Type ◽  
Joint Project ◽  
Article 9 ◽  
The Eu

Purpose Following the issuance of the Renewable Energy Directive in 2009, the European Union (EU) is explicitly pushing for member states to cooperate with third countries to meet their EU 2020 targets. So far, no single joint project is planned or in place yet. This paper aims to look at the opportunities for and barriers to possible RE exports from North Africa into the EU through the concept of a SWOT (strengths, weaknesses, opportunities and threats) analysis. Design/methodology/approach Thus, the SWOT for a possible implementation of Article 9 projects are analyzed using expert and stakeholder knowledge. A qualitative assessment was undertaken using data collected through one stakeholder workshop in North Africa, in-depth interviews and a qualitative literature review. The analysis was structured within a three-tier analyzing concept distinguishing between macro, micro and acceptance parameters. Findings From the SWOT analysis, some lessons are drawn, future possible measures are identified and conclusions for policymakers are discussed. The authors find that no easy solutions exist as most parameters can be both a strength and a weakness or a threat and an opportunity at the same time depending on future developments and the specific ideological perspective. Originality/value This paper provides new information and analysis of renewable energy sources projects in North Africa – application of the SWOT method on Article 9 cooperation projects – application of a three-tier analysis to cope with the complexity of the topic – taking into account often neglected socio-political aspects such as public acceptance.

scholarly journals China’s Belt and Road Initiative and large-scale outbound investment

2018 ◽  
Vol 1 (2) ◽  
pp. 219-240 ◽  
Author(s):  
Shen Kunrong ◽  
Jin Gang
Keyword(s):  
Large Scale ◽  
Belt And Road Initiative ◽  
Chinese Enterprises ◽  
Content Type ◽  
Cultural Exchanges ◽  
Institutional Differences ◽  
Belt And Road ◽  
The Impact ◽  
Enterprise Investment ◽  
The Belt And Road

Purpose The purpose of this paper is to comprehensively examine the influence of formal and informal institutional differences on enterprise investment margin, mode and result. Design/methodology/approach This paper is based on 2,440 micro samples of large-scale outbound investment from 609 Chinese enterprises from the years 2005 to 2016. Findings The study has found that formal institutional differences have little impact on investment scale, but significantly affect investment diversification. In order to avoid the management risks brought by formal institutional differences, enterprises tend to a full ownership structure. However, the choice between greenfield investment and cross-border mergers and acquisitions is not affected by formal institutional differences. In contrast, the impact of informal institutional differences is more extensive. Both formal and informal institutional differences significantly increase the probability of investment failure. Further research found that the Belt and Road Initiative (BRI) bridges the formal institutional differences. Originality/value The study concludes that developing the BRI, especially cultural exchanges with countries alongside the Belt and Road, will help enterprises to “go global” faster and better.

Hong Kong Special Administrative Region, China, and globalization

2020 ◽  
Vol 9 (2) ◽  
pp. 268-276
Author(s):  
Jean A. Berlie
Keyword(s):  
Hong Kong ◽  
Silk Road ◽  
Special Administrative Region ◽  
Belt And Road Initiative ◽  
Content Type ◽  
Administrative Region ◽  
Bay Area ◽  
Belt And Road ◽  
Definition Of

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.

India will push back on China’s influence in Nepal

2018 ◽  
Keyword(s):  
At Risk ◽  
Communist Party ◽  
Prime Minister ◽  
Trade Barriers ◽  
Belt And Road Initiative ◽  
Content Type ◽  
Belt And Road ◽  
Sphere Of Influence ◽  
Economic Ties ◽  
India And China

Subject Chinese and Indian interest in Nepal. Significance China’s Belt and Road Initiative (BRI) is dominating Nepal’s agenda. Until a decade ago, Nepal was clearly within India’s sphere of influence. Nepali Prime Minister KP Oli in April made a three-day state visit to Delhi and in June made a six-day state visit to Beijing. Impacts The governing Nepal Communist Party will be at risk of a split, especially during negotiations over a new chair in two years’ time. Campaigning in nearby Bhutan’s elections later this year is likely to be dominated by debate over the country's ties with India and China. India and China may seek mutual easing of trade barriers as part of efforts to improve bilateral economic ties.

EU offers fair dealing in its 'Belt and Road' response

2018 ◽  
Keyword(s):  
Fair Trade ◽  
Road Transport ◽  
Transport Infrastructure ◽  
Asian Countries ◽  
Content Type ◽  
Fair Dealing ◽  
Digital Network ◽  
Transport Connectivity ◽  
Belt And Road ◽  
The Eu

Subject The EU's answer to Belt and Road. Significance A strategy paper called 'Connecting Europe and Asia' is the most detailed exposition to date of the EU's emerging approach towards China's Belt and Road transport infrastructure initiative. It envisages investment in land, sea and air routes, and improved digital network connections, all founded on fair trade, EU market rules and new partnerships with Asian countries. Impacts The EU strategy may encourage states in Eastern Europe to avoid over-reliance on China. In landlocked Central Asia, there is little the EU can offer that outweighs the transport connectivity opportunities offered by China. Russia's response will be important: it may find EU initiatives more attractive than expanding Chinese economic influence.

Iranian dissent will slow promised Caspian Sea accord

2018 ◽  
Keyword(s):  
Caspian Sea ◽  
Working Group ◽  
Belt And Road Initiative ◽  
Transport Networks ◽  
The Caspian Sea ◽  
Content Type ◽  
Oil Reserves ◽  
Belt And Road ◽  
Legal Position ◽  
Hydrocarbon Reserves

Subject Talks to decide the Caspian Sea's status. Significance A working group representing the five states around the Caspian Sea meets this month to prepare for a summit promised before July. The littoral states are said to be close to agreeing the legal position of the sea, but Iran's assent is far from certain. Impacts A Caspian convention will not solve contested claims to mid-sea oil reserves. Environmental protection could end up being sacrificed to the exploration and development of untapped hydrocarbon reserves. Trans-Caspian shipping will be boosted by its role in the Eurasian transport networks of China's Belt and Road initiative.

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