scholarly journals GCC countries’ geoeconomic significance to China’s geopolitical ends

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Noura Saleh Almujeem
Keyword(s):  
Design Methodology ◽  
Infrastructure Investment ◽  
Xi Jinping ◽  
Investment Bank ◽  
Content Type ◽  
Gcc Countries ◽  
Economic Weight ◽  
Strategic Location ◽  
Belt And Road ◽  
Realist Perspective

Purpose The study aims to examine the geoeconomic significance of the Gulf Cooperation Council (GCC) countries to China’s global geopolitical ends. In this vein, the paper also seeks to explore the interplay between China’s grand geoeconomic strategy and China’s geopolitical ends from a realist perspective. Design/methodology/approach The study uses the realism theory to explore the interplay between China’s geoeconomic presence in the GCC countries and its geopolitical global ends. Findings The study concludes that China under President Xi Jinping has geopolitical ends, and they are the regional and global leadership. To achieve them, President Xi has formulated a grand geoeconomic strategy consisting of four strategies: going out strategy, periphery strategy, Belt and Road Initiative (BRI) and Asian Infrastructure Investment Bank. These strategies will maximize China’s economic power and presence around the world. From a realist perspective, this presence and its evolving consequences such as the balance of dependence will enable China to achieve its geopolitical ends. In this vein, China’s geoeconomic strategy in the GCC countries has largely maximized China’s economic presence in the Gulf. This presence highly serving China’s geopolitical global ends for two reasons: the economic weight of the GCC countries and their strategic location within BRI. Originality/value The study can prove the realistic dimension of geoeconomics in the neoliberal era on the application to China’s geoeconomic strategy.

Summit moves China's OBOR towards internationalisation

2017 ◽  
Keyword(s):  
Infrastructure Investment ◽  
Xi Jinping ◽  
Investment Bank ◽  
Multilateral Development Banks ◽  
Content Type ◽  
One Belt One Road ◽  
Belt And Road ◽  
Regional Organisations ◽  
The Impact ◽  
The Belt And Road

Subject The future of China's One Belt One Road initiative. Significance China convened the first summit of the Belt and Road Initiative (previously known as 'One Belt One Road', OBOR) on May 14-15. With this major diplomatic event, President Xi Jinping aimed to showcase and buttress international support for his central foreign policy initiative, the success of which will hinge on the participation of other countries, regional organisations and international financial institutions. Their contribution, or lack thereof, will affect the nature of OBOR and determine the impact of the Chinese initiative on Asia’s infrastructure connectivity and economic system, as well as on the international order. Impacts Cooperation between China and multilateral development banks may increase the number of OBOR projects with competitive procurement. Plans for OBOR’s corridors may be altered to accommodate competing visions for Asia’s connectivity, such as Russia’s. The Asian Infrastructure Investment Bank may more formally align its mandate with OBOR’s.

scholarly journals The BRI and AIIB: A Challenge to the Liberal International Order?

2021 ◽  
Author(s):  
◽  
Thomas Whyte
Keyword(s):  
World Economy ◽  
International Order ◽  
Chinese Foreign Policy ◽  
Infrastructure Investment ◽  
Central Component ◽  
Xi Jinping ◽  
Investment Bank ◽  
Multilateral Trade ◽  
Belt And Road ◽  
The Belt And Road

<p>First announced in 2013, the Belt and Road Initiative (BRI) has become a central component of Chinese foreign policy under the presidency of Xi Jinping. Given the scope and vision of the BRI, several fundamental questions have been raised by the policy. Is the BRI threatening? Will it strengthen the system? Will it supplement it? In order to explore this puzzle, the thesis undertakes empirical analyses of the BRI and the accompanying Asian Infrastructure Investment Bank (AIIB). These analyses will be placed within a container of the Liberal International Order (LIO). This framework, derived from the writings of G. John Ikenberry, is based around four elements: Open Multilateral Trade, International Institutions, Liberal Democracy and Neoliberal World Economy. The findings show that the BRI and AIIB have combined to create a disorientating picture in which elements of the LIO are both strengthened and undermined. This allows China to sit benignly within the order while constructing the infrastructure needed to break from the system - if and when required.</p>

scholarly journals The Asian Infrastructure Investment Bank (AIIB) Loan Projects: Analyzing The People’s Republic of China’s Multilayered Multilateralism Strategy to Turkey (2016-2018)

2020 ◽  
Vol 4 (1) ◽  
Author(s):  
Anggara Raharyo ◽  
Shelia Saady
Keyword(s):  
Steady Flow ◽  
Infrastructure Investment ◽  
People's Republic Of China ◽  
Xi Jinping ◽  
Investment Bank ◽  
Republic Of China ◽  
Asian Infrastructure Investment Bank ◽  
Belt And Road ◽  
Strategic Position ◽  
The Belt And Road

The establishment of Asian Infrastructure Investment Bank (AIIB) was first marked with the proposition made by People’s Republic of China (PRC) President Xi Jinping in 2013. Many since then believes that the establishment of the AIIB is part of PRC’s bigger plan that is the Belt and Road Initiatives (BRI). The significance of Turkey strategic position for the implementation of BRI, it is very crucial for PRC to maintain a steady flow of cooperation with Turkey.  Out of 93 members that has joined as a part of AIIB, Turkey stands as the second largest loan receiver by the end of 2018. This article argues that PRC has been using AIIB as part as their BRI plan through its multilayered-multilateralism strategy to Turkey. This article analyze the loan policies that has been made by PRC and AIIB to Turkey from 2016 to 2018

scholarly journals The BRI and AIIB: A Challenge to the Liberal International Order?

2021 ◽  
Author(s):  
◽  
Thomas Whyte
Keyword(s):  
World Economy ◽  
International Order ◽  
Chinese Foreign Policy ◽  
Infrastructure Investment ◽  
Central Component ◽  
Xi Jinping ◽  
Investment Bank ◽  
Multilateral Trade ◽  
Belt And Road ◽  
The Belt And Road

<p>First announced in 2013, the Belt and Road Initiative (BRI) has become a central component of Chinese foreign policy under the presidency of Xi Jinping. Given the scope and vision of the BRI, several fundamental questions have been raised by the policy. Is the BRI threatening? Will it strengthen the system? Will it supplement it? In order to explore this puzzle, the thesis undertakes empirical analyses of the BRI and the accompanying Asian Infrastructure Investment Bank (AIIB). These analyses will be placed within a container of the Liberal International Order (LIO). This framework, derived from the writings of G. John Ikenberry, is based around four elements: Open Multilateral Trade, International Institutions, Liberal Democracy and Neoliberal World Economy. The findings show that the BRI and AIIB have combined to create a disorientating picture in which elements of the LIO are both strengthened and undermined. This allows China to sit benignly within the order while constructing the infrastructure needed to break from the system - if and when required.</p>

scholarly journals A Community with a Shared Future

2020 ◽  
Vol 06 (01) ◽  
pp. 37-52
Author(s):  
Wenping He
Keyword(s):  
Infrastructure Investment ◽  
Xi Jinping ◽  
Investment Bank ◽  
The Past ◽  
Governance Model ◽  
New Development ◽  
Belt And Road ◽  
Medium Businesses ◽  
Economic Choices ◽  
The Belt And Road

Beijing has elevated Africa’s position in its foreign policy planning and increasingly regards the continent as a proving ground for its vision of humanity as a community with a shared future. The Xi Jinping administration has laid out a number of principles, for example, sincerity, pragmatism, affinity, and good faith, as well as major economic and financial initiatives — the Belt and Road Initiative and the Asian Infrastructure Investment Bank — to step up engagement with Africa in a more comprehensive and targeted manner. China’s development and governance model represents an alternative to the hitherto under-delivering Western approach that has been practiced by many African nations over the past decades. Beijing respects Africans’ political and economic choices, but also stands ready to help the continent try new development approaches and amplify its voices on the world stage. Fostering political convergence, building mutual trust, promoting local industrialization, increasing financial support for small and medium businesses, and ensuring infrastructure sustainability are the priorities for future China-African cooperation.

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.

BRI and its digital dimension: twists and turns

2018 ◽  
Vol 11 (3) ◽  
pp. 311-324 ◽  
Author(s):  
Krzysztof Kozłowski
Keyword(s):  
Central Asia ◽  
Design Methodology ◽  
Silk Road ◽  
Regional Security ◽  
Content Type ◽  
Republic Of China ◽  
Digital Version ◽  
Integration Strategy ◽  
Belt And Road ◽  
Soviet Central Asia

Purpose The purpose of this paper is to analyze the perspectives of the People’s Republic of China (PRC) Belt and Road strategy. The challenge in terms of studying the New Silk Road concept comes from the fact of dramatic difference between the declared ambitions of the Chinese state and the elusive character of concrete Chinese involvement, in particular as far as the digital dimension of the strategy is concerned. Design/methodology/approach The goal will be achieved by comparing the Chinese expansion in the Post-Soviet Central Asia with nowadays declarations concerning the digital version of the New Silk Road. For China, the Post-Soviet Central Asia was the first frontier approached on the basis of genuinely own integration strategy: the New Silk Road Diplomacy, which later evolved into the New Silk Road concept. An overview of Chinese activity in the region tells a lot about its grand strategy of today. Findings To paraphrase T.S. Kuhn, what one sees depends on not only what one is looking at but also what one has learned to notice. The Post-Soviet Central Asia shows the way Beijing thinks about integration. PRC achieved the most by basing on the free rider effect: concentrating on economic expansion, while other Powers provided relative regional security and stability. Originality/value The comparison of the beginnings of the New Silk Diplomacy in the 1990s with the plans of the New Digital Road gives a unique angle to grasp the specific features of the Chinese approach to international integration.

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