What is the rationale behind China's infrastructure investment under the Belt and Road Initiative

Author(s):  
Longcan Zou ◽  
Jim Huangnan Shen ◽  
Jun Zhang ◽  
Chien‐Chiang Lee
Author(s):  
Zhongying Pang

This chapter discusses China’s changing attitude, doctrine, and policy actions towards international order and offers some tentative findings on the complexity of China’s role in the struggle over the future of international order. This complexity results from China’s efforts simultaneously to consolidate its presence in the existing international order but also to reform existing global governance institutions. The ambition to seek an alternative international order makes it, at least to some extent, a revisionist state. While pursuing an agenda to reform the existing international order from within, China additionally has begun to sponsor an unprecedented number of new international institutions and initiatives of its own, such as the Asian Infrastructure Investment Bank (AIIB) and the Belt and Road Initiative (BRI). How this will play out will depend above all on the interaction of China with a USA still wedded to its hegemonic role in world politics.


Author(s):  
João Lopes ◽  
◽  

The “Belt and Road Initiative” (BRI) is a massive infrastructure investment plan with a long-lasting strategic rational in its essence, namely the China-Pakistan Economic Corridor (CPEC) imply potential political consequences on the geopolitical basis and the regional balance of power, given that China-Pakistan relations converge on a common adversary — India. Nevertheless, China-Pakistan relations converged in the CPEC brings strategic assets for both of them, mostly to China, addressing the fact that this project implies a big shift of strategic Chinese thought, in the sense that it envisions alternative routes for the energy resources transportation, trade and, all together, Chinese influence in the Central Asia and Middle East area, at the same time, bringing development with consequences to these countries. Altogether, CPEC, and BRI in general, makes India very aware and apprehensive of this reality and the power shift of the regional balance of power to China, making the former respond with projects of its own. So, the strategic thought of China materialized by BRI will have serious consequences to the region, mostly to India.


2017 ◽  
Vol 09 (02) ◽  
pp. 5-14 ◽  
Author(s):  
KONG Tuan Yuen

China-Malaysia relations would be strengthened through the Belt and Road Initiative. Chinese industrial overcapacity is a factor in infrastructure investment in Malaysia which needs international collaboration projects for domestic economic development. Challenges include the unstable Malaysian political economy and ethnic issue as well as the economic slowdown of China, and the geopolitics of the South China Sea.


Sign in / Sign up

Export Citation Format

Share Document