scholarly journals The Asian Infrastructure Investment Bank (AIIB) Loan Projects: Analyzing The People’s Republic of China’s Multilayered Multilateralism Strategy to Turkey (2016-2018)

2020 ◽  
Vol 4 (1) ◽  
Author(s):  
Anggara Raharyo ◽  
Shelia Saady
Keyword(s):  
Steady Flow ◽  
Infrastructure Investment ◽  
People's Republic Of China ◽  
Xi Jinping ◽  
Investment Bank ◽  
Republic Of China ◽  
Asian Infrastructure Investment Bank ◽  
Belt And Road ◽  
Strategic Position ◽  
The Belt And Road

The establishment of Asian Infrastructure Investment Bank (AIIB) was first marked with the proposition made by People’s Republic of China (PRC) President Xi Jinping in 2013. Many since then believes that the establishment of the AIIB is part of PRC’s bigger plan that is the Belt and Road Initiatives (BRI). The significance of Turkey strategic position for the implementation of BRI, it is very crucial for PRC to maintain a steady flow of cooperation with Turkey.  Out of 93 members that has joined as a part of AIIB, Turkey stands as the second largest loan receiver by the end of 2018. This article argues that PRC has been using AIIB as part as their BRI plan through its multilayered-multilateralism strategy to Turkey. This article analyze the loan policies that has been made by PRC and AIIB to Turkey from 2016 to 2018

Summit moves China's OBOR towards internationalisation

2017 ◽  
Keyword(s):  
Infrastructure Investment ◽  
Xi Jinping ◽  
Investment Bank ◽  
Multilateral Development Banks ◽  
Content Type ◽  
One Belt One Road ◽  
Belt And Road ◽  
Regional Organisations ◽  
The Impact ◽  
The Belt And Road

Subject The future of China's One Belt One Road initiative. Significance China convened the first summit of the Belt and Road Initiative (previously known as 'One Belt One Road', OBOR) on May 14-15. With this major diplomatic event, President Xi Jinping aimed to showcase and buttress international support for his central foreign policy initiative, the success of which will hinge on the participation of other countries, regional organisations and international financial institutions. Their contribution, or lack thereof, will affect the nature of OBOR and determine the impact of the Chinese initiative on Asia’s infrastructure connectivity and economic system, as well as on the international order. Impacts Cooperation between China and multilateral development banks may increase the number of OBOR projects with competitive procurement. Plans for OBOR’s corridors may be altered to accommodate competing visions for Asia’s connectivity, such as Russia’s. The Asian Infrastructure Investment Bank may more formally align its mandate with OBOR’s.

scholarly journals The BRI and AIIB: A Challenge to the Liberal International Order?

2021 ◽  
Author(s):  
◽  
Thomas Whyte
Keyword(s):  
World Economy ◽  
International Order ◽  
Chinese Foreign Policy ◽  
Infrastructure Investment ◽  
Central Component ◽  
Xi Jinping ◽  
Investment Bank ◽  
Multilateral Trade ◽  
Belt And Road ◽  
The Belt And Road

<p>First announced in 2013, the Belt and Road Initiative (BRI) has become a central component of Chinese foreign policy under the presidency of Xi Jinping. Given the scope and vision of the BRI, several fundamental questions have been raised by the policy. Is the BRI threatening? Will it strengthen the system? Will it supplement it? In order to explore this puzzle, the thesis undertakes empirical analyses of the BRI and the accompanying Asian Infrastructure Investment Bank (AIIB). These analyses will be placed within a container of the Liberal International Order (LIO). This framework, derived from the writings of G. John Ikenberry, is based around four elements: Open Multilateral Trade, International Institutions, Liberal Democracy and Neoliberal World Economy. The findings show that the BRI and AIIB have combined to create a disorientating picture in which elements of the LIO are both strengthened and undermined. This allows China to sit benignly within the order while constructing the infrastructure needed to break from the system - if and when required.</p>

scholarly journals ГРУЗИЯ КАК ТРАНСПОРТНЫЙ УЗЕЛ КИТАЙСКОЙ ИНИЦИАТИВЫ «ПОЯС И ПУТЬ»

2018 ◽  
pp. 22-26
Author(s):  
Корганашвили Л.
Keyword(s):  
Foreign Policy ◽  
People’S Republic Of China ◽  
Belt And Road Initiative ◽  
People's Republic Of China ◽  
Xi Jinping ◽  
Sea Transport ◽  
Republic Of China ◽  
Belt And Road ◽  
The Belt And Road

The belt and road initiative (BRI) put forward by the President of the People's Republic of China Xi Jinping in autumn 2013 is one of the priorities of it’s modern foreign policy. Within the framework of BRI China has concluded agreements on practical cooperation with many countries, including Georgia. For Georgia, BRI is an opportunity to become a land and sea transport hub between Europe and Asia. The overland route combines the Baku-Tbilisi-Kars railroad with the Yavuz Sultan Selim bridge across the Bosporus Strait. The sea route serves as an gate to Europe through the ports in Batumi, Poti and Anaklia. The work shows the importance of BRI for the formation of Georgia as a transport hub and the benefits that both countries derive from cooperation under this initiative.

scholarly journals The BRI and AIIB: A Challenge to the Liberal International Order?

2021 ◽  
Author(s):  
◽  
Thomas Whyte
Keyword(s):  
World Economy ◽  
International Order ◽  
Chinese Foreign Policy ◽  
Infrastructure Investment ◽  
Central Component ◽  
Xi Jinping ◽  
Investment Bank ◽  
Multilateral Trade ◽  
Belt And Road ◽  
The Belt And Road

<p>First announced in 2013, the Belt and Road Initiative (BRI) has become a central component of Chinese foreign policy under the presidency of Xi Jinping. Given the scope and vision of the BRI, several fundamental questions have been raised by the policy. Is the BRI threatening? Will it strengthen the system? Will it supplement it? In order to explore this puzzle, the thesis undertakes empirical analyses of the BRI and the accompanying Asian Infrastructure Investment Bank (AIIB). These analyses will be placed within a container of the Liberal International Order (LIO). This framework, derived from the writings of G. John Ikenberry, is based around four elements: Open Multilateral Trade, International Institutions, Liberal Democracy and Neoliberal World Economy. The findings show that the BRI and AIIB have combined to create a disorientating picture in which elements of the LIO are both strengthened and undermined. This allows China to sit benignly within the order while constructing the infrastructure needed to break from the system - if and when required.</p>

scholarly journals A Community with a Shared Future

2020 ◽  
Vol 06 (01) ◽  
pp. 37-52
Author(s):  
Wenping He
Keyword(s):  
Infrastructure Investment ◽  
Xi Jinping ◽  
Investment Bank ◽  
The Past ◽  
Governance Model ◽  
New Development ◽  
Belt And Road ◽  
Medium Businesses ◽  
Economic Choices ◽  
The Belt And Road

Beijing has elevated Africa’s position in its foreign policy planning and increasingly regards the continent as a proving ground for its vision of humanity as a community with a shared future. The Xi Jinping administration has laid out a number of principles, for example, sincerity, pragmatism, affinity, and good faith, as well as major economic and financial initiatives — the Belt and Road Initiative and the Asian Infrastructure Investment Bank — to step up engagement with Africa in a more comprehensive and targeted manner. China’s development and governance model represents an alternative to the hitherto under-delivering Western approach that has been practiced by many African nations over the past decades. Beijing respects Africans’ political and economic choices, but also stands ready to help the continent try new development approaches and amplify its voices on the world stage. Fostering political convergence, building mutual trust, promoting local industrialization, increasing financial support for small and medium businesses, and ensuring infrastructure sustainability are the priorities for future China-African cooperation.

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