scholarly journals Game Theory-Based Pathway Selection for Fair and Reciprocal Cooperation among Ports along the Maritime Silk Road

2019 ◽  
Vol 2019 ◽  
pp. 1-17 ◽  
Author(s):  
Lin Feng ◽  
Longfang Liu ◽  
He Zhang

The transport infrastructure connection is the fundamental base for the promotion of the Silk Road Economic Belt and the 21st Century Maritime Silk Road under the background of the Belt and Road Initiative. Ports, as the core elements in the connection, contribute to the practical infrastructure connections along the maritime road. A multihierarchical cooperation framework in between the ports and based on the fair and mutual benefit concept is the cornerstone of constructing the 21st Century Maritime Silk Road and the engine fuelling the updation of Chinese seaports and growth. This paper first defines the port cooperation along the 21st Century Maritime Silk Road and analyses the opportunity and challenges from the perspectives of the port-industrial and the port-region interaction. Then, it develops research into port cooperation, path selection, cooperation mechanisms, and application conditions in analysing port FDI, BOT, port alliances, multimode transport, and the institutional innovation of China’s ports. In conclusion, we develop a game theory selection analysis to study multiwin cooperation for port FDI in host countries along the 21st Century Maritime Silk Road.

2018 ◽  
Vol 01 (03) ◽  
pp. 1850015
Author(s):  
Zheng Yongnian ◽  
Zhang Chi

On March 28, 2015, Chinese President Xi Jinping detailed his vision for the Silk Road Economic Belt and the 21st Century Maritime Silk Road (hereinafter referred to as the Belt and Road) when attending the Boao Forum for Asia. After this, China’s National Development and Reform Commission, Ministry of Foreign Affairs, and Ministry of Commerce jointly issued the “Vision and Actions on Jointly Building Silk Road Economic Belt and 21st Century Maritime Silk Road”, a sign that the Belt and Road Initiative promoted by China as a foreign cooperation platform entered its first year of implementation. This vision covers over half of the global population and involves more than 60 countries along the routes, the economic aggregates of which account for about one-third of the world. During 2015, Chinese President Xi Jinping and Premier Li Keqiang paid frequent visits to all continents in an effort to promote the implementation of the Belt and Road Initiative. At present, the Belt and Road Initiative has received positive responses from the countries along the routes, and a number of cooperation projects have been underway smoothly. With the implementation of the Belt and Road Initiative, China is forming a grand diplomatic landscape with “double legs” (a new type of major power relations and the Belt and Road Initiative) and a “single circle” (peripheral diplomacy). The Belt and Road Initiative highlights the spirit of the age, characterized by “peace, mutual respect, openness, and inclusiveness”, and has major international significance in helping China break through the security dilemma among nations, shoulder the responsibilities of a great power, and build China’s soft power in the international arena.


Author(s):  
Xiang Li ◽  
Mengqi Shao ◽  
May Tan-Mullins

President Xi Jinping announced the Belt and Road Initiative (BRI一带一路) in 2013. The BRI, which will pass through over 60 countries in Asia, Europe, Middle East, and Africa, aims at improving and creating new trading routes and investment opportunities. It consists of the Silk Road Economic Belt (SREB) and the Maritime Silk Road Initiative (MSRI), and is a continuation of China’s “opening up” policy. It comprises six overland and one maritime economic cooperation corridors, supporting the expansion of Chinese enterprises abroad to facilitate industrial upgrading at home, paving the way for Chinese outward foreign direct investment (OFDI) and trade abroad, and advancing the internationalization of the Chinese currency. In addition, the project is welcomed by recipient countries due to their need for infrastructure investment. China remains the biggest player in the initiation and implementation of BRI projects. As such, the impact of Chinese projects on the economic, political, cultural, and environmental fabric of host countries will likely be dramatic, especially since many BRI projects are large-scale infrastructure projects that cut across different regions and states. The COVID-19 pandemic further implicated the progress of BRI projects in these areas.


2021 ◽  
Vol 02 (01) ◽  
pp. 87-95
Author(s):  
Asghar Ullah Khan ◽  
Zain Ul Abiden Malik ◽  
Hani Fatima Malik

The current research analyzes Indian concerns about China's growing impact in the Indian Ocean region, particularly the transformation activities on the China's Maritime Silk Road and China's Silk Road Economic Belt in the 21st century. The research looks deeply at the reasons for the Indian anxiety and misunderstanding of the China Belt and Road Initiative, especially the 21st Century Maritime Silk Road. The research also claims that global support has exposed the role of China's BRI in regional socio-economic connectivity. India, however, is the largest nation in South Asia and has a positive impact on the Indian Ocean. In other South Asian countries, apart from Pakistan, it plays an important role in the economic, military and communications. The attitude of India is very crucial to the China's BRI. As China's most significant neighbor, the Century Maritime Silk Road With respect to its economy and its military size.


2021 ◽  
pp. 94-101
Author(s):  
Gabit. A. Iskakov Iskakov ◽  
Zhandos K. Kegenbekov Kegenbekov

The idea of the New Silk Road project (also Belt and Road Initiative – BRI) was first pitched in 2013 by the President of the People's Republic of China (PRC) Xi Jinping. This project contains the Silk Road Economic Belt as well as the 21st Century Maritime Silk Road. The main goal of this project is the creation a modern transport infrastructure in Eurasia, in order to optimize shipping of goods between Asia and Europe. Since then, this project was in an active development that involves building and optimization of the transport infrastructure, integration of the project into the economy of the involved countries, signing agreements and deals between the countries and also improving the relationship between PRC and countries-participants of this project. Because this project is considered global and international for Eurasia, Kazakhstan views it as an important for the political and economical state of the country. The geographic position of the country makes it one of the most important participants of the project.  This factor makes it important to identify other reasons behind this idea of Kazakhstan being an important destination of economical investment of PRC. Other important objectives are role and involvement of Kazakhstan in the development of the BRI project. This article reviews the Belt and Road Initiative project, how Kazakhstan is involved in this project and its role in it in the economical, political and logistical areas. The results of the implementation of the project is also present in this article.


Author(s):  
Ping Zhou ◽  
Dongjuan Lv ◽  
Ying Chen

The “One Belt One Road” strategy is the abbreviation of “Silk Road Economic Belt” and “21st Century Maritime Silk Road.” In September and October of 2013, Chinese President Xi Jinping proposed to build the cooperation initiative of “New Silk Road Economic Belt” and “The 21st Century Maritime Silk Road.” President Xi Jinping projected to establish the “21st Century Maritime Silk Road” during his visit in Indonesia in October 2013. Finally, the National Development and Reform Commission, the Ministry of Foreign Affairs, and the Ministry of Commerce cooperatively issued the “Vision and Action for Promoting the Construction of the Silk Road Economic Belt and the 21st Century Maritime Silk Road” on March 28, 2015. The “One Belt One Road” countries were key areas of cooperation in the context of China's policy in communication, road connectivity, smooth trade, currency circulation, people's mutual understanding, strategic coordination to strengthen bilateral and multilateral teamwork, and corresponding development.


2018 ◽  
Vol 04 (03) ◽  
pp. 401-418 ◽  
Author(s):  
Muhammad Sabil Farooq ◽  
Tongkai Yuan ◽  
Jiangang Zhu ◽  
Nazia Feroze

China remains Africa’s largest financier of infrastructure, and the Belt and Road Forum held in May 2017 estimated pledge of funds of about US$40 billion. Reportedly, projects worth much more than the pledged funds are in the planning or have been underway, making the “Belt and Road Initiative (BRI)” the biggest development initiative in history. China and Africa need each other in development, and the Asian giant continues to make inroads into Africa, home to minerals, oil, and other resources that help feed China’s phenomenal economic growth. This article intends to discuss the “21st Century Maritime Silk Road (MSR)” under the BRI and its socioeconomic and cultural impact on China-Africa relations, with an emphasis on China’s relationship with Kenya, a founding member of the East Africa community (EAC) that has enjoyed lasting friendship with China. It is concluded that despite the generally positive impact of Chinese economic presence in Africa over the past decades, both China and African countries have much to do to consolidate their mutually beneficial relationship and to achieve the MSR’s target of common prosperity in the long run.


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.


2021 ◽  
pp. 295-307
Author(s):  
Hans-Dietrich Haasis ◽  
Jianhui Du ◽  
Xuejun Sun

AbstractIn 2013, Chinese President Xi Jinping advised to establish the “Silk Road Economic Belt” and the “21st Century Maritime Silk Road,” also referred as the Belt and Road Initiative or the New Silk Roads Policy. The intention is to promote international and regional trade as well as cooperation in and between Asia and Europe. Consequently, international maritime and terrestrial freight transport corridors are either established or strengthened and operated. The purpose of this paper is to reflect the Belt and Road Initiative from the perspective of logistics. The aim is to identify and formulate circumstances, expectations, opportunities, and peculiarities of logistics along the New Silk Roads. For this purpose, four corresponding challenges will be considered and outlined after an introduction to the Belt and Road Initiative. The four logistics challenges concern the awareness of new freight transport corridors and the assessment of possibilities for opening new transport relations and new markets, the implementation of new and the adaptation of existing supply chains to increase strategic logistics flexibility, the availability and use of digital infrastructure and connectivity for improved communication and coordination of logistical processes, and the willingness to consider regional and cultural differences in the preparation and realization of supply chain decisions.


2019 ◽  
Vol 11 (8) ◽  
pp. 2216 ◽  
Author(s):  
Chuchu Zhang ◽  
Chaowei Xiao ◽  
Helin Liu

As many regions along the Belt and Road have long been struggling with terrorist attacks, crimes, wars, and corruption, political risks pose important challenges for infrastructure projects and transnational investment. The objective of the article is to contribute to the identification of different types of political risks along the Silk Road Economic Belt and 21st Century Maritime Silk Road, and the visualization of their micro-level spatial distribution based on the Global Database of Events, Language, and Tone (GDELT) datasets from October 2013 to May 2018. By adopting the bivariate Moran’s I model to compare the distribution of political risks along the Belt and Road and that of the Chinese Belt and Road Initiative (BRI) investment and construction projects based on data from the China Global Investment Tracker (CGIT), the article also generates an overall political risk profile for Chinese BRI projects. Our findings show that a particularly high percentage of Chinese BRI projects are distributed in regions with high political risks. This research has important implications for the discussion and study of the BRI. First, by combining geographic spatial statistical analysis and political science conceptual frameworks, we point out the necessity to query the BRI from interdisciplinary perspectives grounded in empirical research. Second, the research delivers to researchers, academics, practitioners, consultants and policy makers interested in the BRI the latest insights into the risks and challenges along the Belt and Road. Third, it advocates policies and strategies conducive to identifying, assessing and mitigating political risks in investment along the Belt and Road and to strengthening the sustainable development of the BRI.


2014 ◽  
Vol 06 (03) ◽  
pp. 5-15 ◽  
Author(s):  
John WONG ◽  
Liang Fook LYE

Chinese President Xi Jinping has pursued a proactive foreign policy to strengthen ties with its neighbours. In particular, Xi has proposed two major initiatives, i.e. the Silk Road Economic Belt (an overland route) and the Maritime Silk Road of the 21st Century (a maritime route), that leverage on China's economic strengths. Nevertheless, China will have to contend with the interests of other major powers as well as its own lack of soft power in its implementation.


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