Book review: Pradumna B. Rana and Xianbai Ji, China’s Belt and Road Initiative: Impacts on Asia and Policy Agenda

China Report ◽  
2021 ◽  
Vol 57 (4) ◽  
pp. 478-481
Author(s):  
Saleh Shahriar

Pradumna B. Rana and Xianbai Ji, China’s Belt and Road Initiative: Impacts on Asia and Policy Agenda. Singapore: Palgrave Macmillan, 2020, xx + 186 pp., 51, €99 (Hardcover).

China Report ◽  
2020 ◽  
Vol 56 (3) ◽  
pp. 415-418
Author(s):  
Punsara Amarasinghe ◽  
Sanjay Kumar Rajhans

Jean A. Berlie (Ed.), China’s Globalization and the Belt and Road Initiative. (London, Palgrave Macmillan, 2020), pp. 342, €88.39, ISBN: 978-3-030-22289-5


China Report ◽  
2020 ◽  
Vol 56 (2) ◽  
pp. 291-294
Author(s):  
Saleh Shahriar

Jawad Syed and Yung-Hsiang Ying, China’s Belt and Road Initiative in a Global Context, Volume I: A Business and Management Perspective (Cham, Switzerland: Palgrave Macmillan, 2019), xxii + 262 pp., €114.39 (Hardback), ISBN 978-3-030-14721-1. Jawad Syed and Yung-Hsiang Ying, China’s Belt and Road Initiative in a Global Context, Volume II: The China Pakistan Economic Corridor and Its Implications for Business (Cham, Switzerland: Palgrave Macmillan, 2019), xxvi + 365 pp., €124.79 (Hardback), ISBN 978-3-030-18958-7.


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.


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