scholarly journals A Step Forward for Tax Dispute Resolution between China and ASEAN Countries under the Belt and Road Initiative

2019 ◽  
Author(s):  
Xu Diheng
Author(s):  
Mohd Haniff Jedin ◽  
Zhang Meng Di

The rising US–China tension in the global trade war increased the trade cooperation between China and the ASEAN. Consequently, China’s total import and export volume with ASEAN increased tremendously to 684.60 billion USD in 2020, up by 6.7% year on year. This trend is part of the Belt and Road Initiative (BRI) which promotes China’s infrastructure building program in the neighboring ASEAN countries and exports China’s technical know-how and engineering standards. However, the recent coronavirus outbreak that stormed China and the rest of the world caused delays to many BRI projects. Subsequently, this outbreak also hit the ASEAN countries and halted many of their mega-projects under the BRI framework. Thus, this study attempts to highlight the trade cooperation and project developments of BRI in the ASEAN countries. In addition, the study features the landscape of BRI projects that were affected by the coronavirus amongst the ASEAN countries.


2019 ◽  
Vol 113 ◽  
pp. 370-374
Author(s):  
Weixia Gu

China's Belt and Road Initiative (BRI) ambitiously aspires toward expanding regional markets and facilitating economic integration across Asia and Europe. It has been regarded as a game-changer on the landscape of dispute resolution market, triggering a proliferation of “adjudication business.” This report examines the dynamics of international dispute resolution in context of the BRI, discussed from the three following perspectives: (1) BRI investors and disputants; (2) three major means of dispute resolution on offer; and (3) institutions involved.


2020 ◽  
pp. 1-23
Author(s):  
SHI JIN ◽  
HU XIAOHUI ◽  
LI YUNXIONG ◽  
FENG TAO

In recent years, China has been increasingly witnessed as a major global outward investor, especially since the launch of the Belt and Road Initiative (BRI) in 2013. The question of whether and if yes how the BRI reshapes firm outward investment motives remains under-researched. Using a project-level database of China’s Outward Direct Investment from the Ministry of Commerce from 2010 to 2015, this paper investigates the changing investment motives of state-owned and private-owned enterprises (SOEs and POEs) before and after the implementation of the BRI in two periods, namely 2010–2013 and 2014–2015. Our conditional logit models show that (1) market-seeking is one of the key motives for both POEs and SOEs; (2) POEs pursued natural resources in ASEAN based on geographical and relational proximity in the pre-BRI period while SOEs are directed to exploit natural resources in ASEAN besides remoter destinations after the launch of the BRI; (3) POEs are risk-taking in both periods, which runs counter to conventional expectations. This can be explained by the long-term investment tradition of POEs in ASEAN in which POEs are attracted predominantly by socio-economic factors and often less sensitive to variegated host institutions among ASEAN countries and (4) the BRI promotes Chinese OFDI in ASEAN through increased senior leader visits and enhanced diplomatic relations.


2019 ◽  
pp. 1-17
Author(s):  
THERESA YAN ◽  
PETER ENDERWICK

Assessment of the likely impact of Chinese OFDI on the ASEAN members of the Belt and Road Initiative (BRI) requires understanding of the evolution of Chinese policy, regulations and institutions. Utilizing recent developments in institutional theory, this paper examines the interplay between China’s OFDI regulations and enterprise supportive policies. Liberalization of FDI regulations complements policies of technological catch-up and the development of regionally focused multilateral institutions. Evidence of an increasing level of Chinese OFDI since 2003, and of a larger share attracted to the BRI group, particularly the ASEAN countries, is consistent with the theorizing.


2020 ◽  
Vol 8 (1) ◽  
pp. 30-39
Author(s):  
Justice Steven Chong

Abstract Historically, Singapore has played an important role in the growth and success of the old maritime Silk Road. Today, Singapore remains an important stop on the Belt and Road, though its advantages now also lie in its position as a trusted, neutral forum for the efficient resolution of disputes as well as a platform for the sharing of ideas for the development of a legal framework for dispute resolution in the Belt and Road Initiative. Three initiatives have been taken by Singapore to strengthen its new position, including the Asian Business Law Institute, the Singapore International Commercial Court, and the Singapore–China Annual Legal and Judicial Roundtable.


2019 ◽  
Vol 12 (12) ◽  
pp. 1
Author(s):  
Jui-Lung Chen ◽  
Hsiung-Shen Jung

The Belt and Road Initiative advocated by China is expecting to assist in the infrastructure and financing of participating countries and promote free trade through cooperation with countries along the Belt and Road. China hopes to lead the regional economic integration process through investment-driven trade. Out of geopolitical considerations, Russia and India initially held a relatively negative or cautious attitude towards the Belt and Road Initiative. Therefore, Russia proposed the concept of the Eurasian Economic Union (EEU) in 2011 in order to unite the other independent ASEAN countries based on the customs alliance consisting of Russia, Belarus, and Kazakhstan, and thus create a supranational consortium, which in turn have the ability to compete and cooperate with the Belt and Road Initiative proposed by China. In 2014, India launched the Indian version of the Belt and Road Initiative, named Project Mausam, expecting to promote the integration of economic and trade exchanges around the Indian Ocean with India as the center. However, after recent strikes by the trade war, China actively seeks assistance from India and Russia in order to break through the US trade blockade. During the G20 summit held in Japan in June 2019, China, India, and Russia held a three-party talk. After the talk, the three countries issued a joint statement claiming that “they shall undertake more global responsibilities to protect the fundamental and long-term interests of the three countries themselves and the world”, which seems to have opened up opportunities for future cooperation among the three countries. Therefore, this paper explores the competitive and cooperative relationship among China, India, and Russia under the Belt and Road Initiative.


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