China’s poverty alleviation strategy and its global significance

2021 ◽  
Vol 27 (7) ◽  
pp. 87-93
Author(s):  
Sun Shengnan ◽  

At the historic moment of the 100th anniversary of the founding of the Communist Party of China, China’s domestic poverty alleviation strategy has achieved a comprehensive victory, China’s overall regional poverty has been fundamentally resolved, and the arduous task of eradicating absolute poverty has been completed. China’s poverty alleviation strategy highlights China’s will and determination to build a harmonious and balanced social development model, and provides practical experience for China to further implement the “Belt and Road” initiative on the international stage and strengthen economic cooperation with developing countries within the framework of the United Nations. The success of China’s poverty alleviation strategy has provided Southeast Asian countries with international experience that can be used for reference in further poverty eradication, and has far-reaching world significance

2021 ◽  
Vol 65 (10) ◽  
pp. 91-102
Author(s):  
N. Rogozhina

The choice of the countries of Southeast Asia as an example for analyzing the nature of interaction between developing countries and China within the framework of the Belt and Road Initiative is not accidental. The very logic of China’s stated goals of gaining dominant positions in the world economy and politics makes it inevitable that the countries of Southeast Asia located in geographic proximity to it are included in its long-term economic and political plans. The question, however, is to what extent do they meet the interests of the Southeast Asian countries themselves? The solution to this question is the main subject of research in the article. There are objective prerequisites for mutually beneficial cooperation. The Belt and Road projects are viewed by China as a tool for economic expansion into the region with the prospect of taking a leading position there, using the interest of Southeast Asian countries in the inflow of foreign investment to create modern infrastructure, the lack of which narrows their opportunities for further economic growth, maintaining competitiveness and developing integration ties within ASEAN Community. Expert assessments made by international organizations confirm the positive impact of OBOR projects on the economic development of Southeast Asian countries and although today it is too early to draw any conclusions, since the initiative is only at the initial stage of its implementation in the region, nevertheless the case studies presented in the article indicate a mismatch in the positions of the parties on a number of issues related to the financing of projects, their lack of transparency. non-compliance with environmental and social requirements. The support of the initiative on the part of the Southeast Asian countries does not automatically mean their acceptance of the terms of the agreements proposed by China, which are far from always consistent with their national interests and give rise to fears in society about its expansionist intentions. Therefore, in many Southeast Asian countries, participation in OBOR projects is turning into a subject of political discourse, which reflects the presence of disagreements in society and confrontation of interests regarding the advisability of rapprochement with China, given the associated economic and political risks. The countries of Southeast Asia can be conditionally divided into two groups according to their relation to the Belt and Road initiative. The first group includes Indonesia, Malaysia, Singapore, the Philippines, Thailand, Vietnam and Myanmar, whose position can be described as national pragmatism. While supporting the Chinese initiative in general, they nevertheless assess the possible risks of their participation in projects and seek to reduce them. The second group is represented by Laos and Cambodia, whose leadership unconditionally supports the Chinese initiative, guided by the interests of their own survival, which largely depends on Chinese assistance. Therefore, the prospect of falling into a debt trap and increasing economic dependence on the PRC and even the threat of losing sovereignty does not deter them from participating in highly controversial projects from a commercial point of view. Based on the analysis made, the author comes to the conclusion that, given the existing alignment of political forces in Southeast Asia, China can count on promoting its initiative in the region, which, however, does not automatically lead to an increase in its political influence and to the creation of a China-centric model of regional order. Acknowledgements. The article was prepared within the project “Post-crisis world order: challenges and technologies, competition and cooperation” supported by the grant from Ministry of Science and Higher Education of the Russian Federation program for research projects in priority areas of scientific and technological development (agreement № 075-15-2020-783).


2019 ◽  
Vol 05 (03) ◽  
pp. 455-469
Author(s):  
Mir Sher Baz Khetran ◽  
Muhammad Humayun Khalid

The China-Pakistan Economic Corridor (CPEC) is a flagship project under the Belt and Road Initiative (BRI); and its launch in 2015 was regarded as a landmark event in the history of the Sino-Pakistani relationship. With a budget amounting to over $62 billion, it has become the foremost regional integration initiative between China and Pakistan. The project is also open to all interested regional stakeholders, among which Central Asia is one of the most important in geopolitical terms. Located in a landlocked but resource-rich region, Central Asian countries need better access to regional markets including Pakistan, China, India, and the countries of West Asia. Pakistan and China have huge energy demands that can be satisfied by growing trade with Central Asia. Thus, the CPEC will not only benefit Pakistan and China, but it also presents a strategic opportunity for Turkmenistan, Uzbekistan, Kyrgyzstan, Kazakhstan, and Tajikistan to transport their goods more easily and gain competitiveness in regional and global markets.


2021 ◽  
Vol 4 (3) ◽  
pp. 57-62
Author(s):  
Yiling Ding

As the “core area” of the “Silk Road Economic Belt,” the five Central Asian countries occupy an important position in the “Belt and Road” strategy. With the increase of China’s investment, the infrastructure of the five Central Asian countries has been continuously developing, economy persists to grow, and the people’s standards of living have been constantly improved. This article focuses on how the “Belt and Road” initiative has promoted the economic growth of the five Central Asian countries.


Subject China's involvement in the Mekong region. Significance China’s Lancang-Mekong Cooperation initiative involves dam and development projects, special economic zones and trade. It is integrating the region into the Belt and Road Initiative and has largely eclipsed the existing regional institution established by the downstream Mekong states. Impacts China's Mekong policies may foreshadow its approach to other regions and issues as it becomes more active in world affairs. Beijing will try to reduce the risk of a backlash by funding poverty-alleviation, development and industrial projects in the region. China's activities in the South China Sea will increase other governments' suspicion regarding Chinese activities on the Mekong.


2019 ◽  
Vol 35 (5) ◽  
pp. 1-3

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings This research paper concentrates on the focus and inherent challenges of China’s efforts to unite the Asian region for mutual economic benefit. Chinese Government-led free trade agreements with other Asian countries, a promotion of China’s RMB currency, and the Belt and Road infrastructure initiative are all being pursued as ways of networking Asia into firm competitor to western countries like the USA on the world trade stage. Originality/value The briefing saves busy executives, strategists, and researchers’ hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.


2021 ◽  
pp. 205789112199756
Author(s):  
Ishan Jain

This article aims to understand the development of the Sino–Sri Lankan relationship from ancient to contemporary times and its overall impact on the Indo–Sri Lankan relationship and on India as a leader in the South Asian region. China has been investing heavily in Sri Lanka and several other South Asian countries in the name of economic development and upliftment. It has formed diplomatic ties with Sri Lanka and has provided immense economic, military and other forms of assistance and has reduced India’s involvement. The building of the Maritime Silk Route and the Belt and Road Initiative have been dream projects for China, and so the article analyses the assistance provided in terms of strategy that the Chinese may be planning. Based on the facts and evidence provided, the article will end on a scenario that could most likely take place based on the trajectory of the events and relationships.


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