scholarly journals Unimpeded trade and the construction of the China-Mongolia-Russia economic corridor: problems and prospects

R-Economy ◽  
2020 ◽  
pp. 242-250
Author(s):  
Xiujie Zhang ◽  
Keyword(s):  
Performance Indicators ◽  
Trade Barriers ◽  
Belt And Road Initiative ◽  
Qualitative And Quantitative Analysis ◽  
Economic Prosperity ◽  
Qualitative And Quantitative ◽  
The Core ◽  
Belt And Road ◽  
Key Aspects ◽  
The Belt And Road

Relevance. The China-Mongolia-Russia Economic Corridor is the fastest growing of the six economic corridors within the ‘Belt and Road’ initiative. At the core of the Economic Corridor project is the concept of unimpeded trade, which is seen as a way to promote economic prosperity of the countries involved in the project and the cooperation between them. Research objective. Our goal is to conduct a provide an overview of all the key aspects of the unimpeded trade concept in the concept of the ‘Belt and Road’ initiative. Data and methods. The paper uses the method of abstract deduction, qualitative and quantitative analysis to evaluate the performance indicators related to unimpeded trade between China, Mongolia and Russia. It analyzes the conditions necessary for unimpeded trade under the framework of the China-Mongolia-Russia Economic Corridor. Results. It is shown that the three countries need to accelerate the construction of the necessary transportation infrastructure, create the China-Mongolia-Russia free trade zone, facilitate trade by lowering non-tariff trade barriers, and attract additional investment. Conclusions. The article provides an overview of the key aspects of the unimpeded trade concept within the 'Belt and Road' Initiative. The main barriers to efficient trade cooperation between China, Mongolia and Russia are identified and measures for overcoming them are proposed.

scholarly journals Integrating international student mobility in the belt and road initiative

2019 ◽  
Vol 13 (1) ◽  
pp. 33-47
Author(s):  
Xuan Wu ◽  
Wing Kit Chan
Keyword(s):  
Higher Education ◽  
Performance Indicators ◽  
International Student ◽  
Central Government ◽  
Student Mobility ◽  
Belt And Road Initiative ◽  
International Student Mobility ◽  
Content Type ◽  
Belt And Road ◽  
The Belt And Road

Purpose Before the turn of the century, taking overseas students was more about a diplomatic issue dominated by the state in China, for which reason this section is relatively independent within the higher education system. However, evidence from a series of new policy documents and their impacts suggests that international student mobility (ISM) has been intensively shaped by the central government in the desire to promote its national strategy, namely the belt and road initiative. ISM policy, although with a significant proportion marketized, was introduced for a clear purpose of cultural diplomacy. The paper aims to discuss these issues. Design/methodology/approach Looking beyond the debate of market-driven vs state-dominated, this paper attempts to provide a thorough understanding of this changing pattern based on examination of key changes of policy statements along with official data analysis. Findings This paper argues that the new pattern must be understood against a context of a hierarchy of higher education institutes in contemporary China: a sector led by a small number of prestigious universities generously funded by the central government with a large number of ordinary universities underfunded and eager to generate income. Prestigious institutes enroll international students to satisfy performance indicators listed by policies like “Double First-rate”; other universities, benefiting from the reputation and momentum generated by the top ones, take self-funded students for profit. Originality/value By making good use of both performance indicators and market motives, the country managed to move a state-dominated ISM policy in the twentieth century into the existing state-steering marketization model and made China a major destination for overseas study.

scholarly journals Heilongjiang Province’s Engagement in BRI

2019 ◽  
Vol 7 (2) ◽  
pp. 6-21
Author(s):  
S. Linlin
Keyword(s):  
Financial Integration ◽  
Northeast Asia ◽  
Policy Coordination ◽  
Heilongjiang Province ◽  
Belt And Road Initiative ◽  
The Core ◽  
The Past ◽  
Belt And Road ◽  
Geographical Position ◽  
The Belt And Road

As one of the nine border provinces in the country, Heilongjiang Province has 2,981 kilometres of RussianRussian border and 25 national first-class ports. In the past five years, Heilongjiang Province, based on the prominent geographical position in the core of Northeast Asia, has actively promoted the national strategy of the Belt and Road Initiative, deepened on open cooperation with countries in the Northeast Asia, and focused on developing economic cooperation and trade with Russia while building a new pattern of openness to the outside world. This paper in detail elaborates the progress of Heilongjiang Province’s participation in the Belt and Road Initiative (BRI) in aspect of “five links” construction, namely, policy coordination, connectivity of infrastructure, unimpeded trade, financial integration and closer people-to-people ties, since the implementation of the Belt and Road Initiative in 2013, and further proposes feasible countermeasures.

The One Belt One Road Initiative: An Enabler of Entrepreneurship or Big Business in Developing Countries

2020 ◽  
Vol 5 (1) ◽  
Author(s):  
Sivakumar Velayutham
Keyword(s):  
Developing Countries ◽  
Small Group ◽  
Global Economy ◽  
Economic Structure ◽  
Belt And Road Initiative ◽  
Economic Prosperity ◽  
One Belt One Road ◽  
Belt And Road ◽  
The One ◽  
The Belt And Road

In March 2015, China proposed the Belt and Road Initiative (OBOR) as its signature initiative to advance economic prosperity of the countries along the Belt and Road. The initiative promises economic development including entrepreneurial development and prosperity to mainly developing countries in Asia, Central Europe, and Africa. Entrepreneurship drives economic change and innovation while at the same time expanding opportunity and unleashing the initiative of people. Entrepreneurs are crucial to building prosperous societies that deliver opportunity to all. Recent evidence however suggests that the entrepreneurial economy is faltering and a small group of giant companies dominate the global economy. This paper seeks to critically appraise the possible effects of OBOR on entrepreneurship in developing countries along its route. Will OBOR revitalise entrepreneurship in developing countries or further intensify the dominance of the economy by a small group of giant companies. Empirical study indicates a high emphasis on large firms in the economic structure of OBOR countries (Novosak and Jurčík, 2018). This paper seeks to illustrate why OBOR is proving to be more of a Bane rather than a Boon to entrepreneurship in developing countries further promoting the dominance of the economy by big corporations.

scholarly journals Looking East? An Analysis of Kazakhstan’s Geopolitical Code after Participation in China’s Belt and Road Initiative

2021 ◽  
Author(s):  
Giulia Sciorati
Keyword(s):  
At Risk ◽  
Foreign Policy ◽  
Discourse Analysis ◽  
Decisive Role ◽  
Theoretical Framework ◽  
Belt And Road Initiative ◽  
Regional Powers ◽  
The Core ◽  
Belt And Road ◽  
The Belt And Road

Kazakhstan’s geopolitical landscape plays a decisive role in framing its multi-vector foreign policy. Not only is the country landlocked by five states, but it is also enclosed between two regional powers, China and Russia. When joining the Belt and Road Initiative (BRI), Kazakhstan made firm commitments to China, potentially putting its multi‑vectorism at risk. The paper adopts geopolitical codes as a theoretical framework to account for changes in the country’s geopolitical considerations. It presents a qualitative discourse analysis on the presidential ‘State of the Nation Addresses’. The research contributes to the literature on Kazakhstan’s multi-vectorism by conducting a data-driven analysis that maintains geography at the core.

The Belt and Road Initiative and Sino-Russian economic cooperation: Is there one more chance for us?

2019 ◽  
pp. 47-71
Author(s):  
Petr M. Mozias
Keyword(s):  
Regional Integration ◽  
Raw Materials ◽  
Belt And Road Initiative ◽  
Stage Of Development ◽  
Belt And Road ◽  
Flexible Framework ◽  
The One ◽  
International Transactions ◽  
The Belt And Road ◽  
Current Stage

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.

Belt and Road Initiative: Analysis of Possible Effects on Nigeria’s Economy

2018 ◽  
Vol 9 (06) ◽  
pp. 20475-20182
Author(s):  
Ige Ayokunle O ◽  
Akingbesote A.O
Keyword(s):  
Economic Growth ◽  
International Economic ◽  
International Cooperation ◽  
Economic Cooperation ◽  
Belt And Road Initiative ◽  
International Economic Cooperation ◽  
R Project ◽  
Belt And Road ◽  
The Relationship ◽  
The Belt And Road

The Belt and Road initiative is an important attempt by China to sustain its economic growth, by exploring new forms of international economic cooperation with new partners. Even though the B&R project is not the first attempt at international cooperation, it is considered as the best as it is open in nature and does not exclude interested countries. This review raised and answered three questions of how the B&R project will affect Nigeria’s economy?  How will it affect the relationship between Nigeria and China? What could go wrong?, The review concluded that Nigeria can only benefit positively from the project.

The Belt and Road Initiative: Goals and Challenges

2020 ◽  
pp. 167
Author(s):  
Adnan Khalaf i Hammed Al-Badrani ◽  
Hind Ziyad Nafeih
Keyword(s):  
Development Strategy ◽  
Soft Power ◽  
Oil And Gas ◽  
Power Lines ◽  
Belt And Road Initiative ◽  
Belt And Road ◽  
Ancient Silk Road ◽  
Main Engine ◽  
The Belt And Road

The Belt and Road Initiative is an initiative to revive the ancient Silk Road, through networks of land and sea roads, oil and gas pipelines, electric power lines, the Internet and airports, to create a model of regional and international cooperation.       It is essentially a long-term development strategy, launched by the Chinese president in 2013 to become the main engine of Chinese domestic policy and foreign diplomacy and within the framework of the soft power strategy, to enhance its position and influence in the world as a peaceful and responsible country.   The study includes identifying the initiative and setting goals for China, as well as the challenges and difficulties that hinder the initiative.

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