scholarly journals Path Selection of Renminbi (RMB) Internationalization under “The Belt and Road” (B & R) Initiative

2018 ◽  
Vol 08 (03) ◽  
pp. 667-685 ◽  
Author(s):  
Siqi Xia
Keyword(s):  
Path Selection ◽  
Belt And Road ◽  
The Belt And Road ◽  
Selection Of ◽  
Rmb Internationalization

scholarly journals Foreign direct investment along the Belt and Road: A political economy perspective

2021 ◽  
Author(s):  
Jiatao Li ◽  
Ari Van Assche ◽  
Lee Li ◽  
Gongming Qian
Keyword(s):  
Political Economy ◽  
Host Country ◽  
Bargaining Power ◽  
International Political Economy ◽  
Bargaining Game ◽  
Belt And Road ◽  
Relative Bargaining Power ◽  
Firm Selection ◽  
The Belt And Road ◽  
Selection Of

AbstractIn 2013, China launched its ambitious Belt and Road Initiative (BRI), a large portfolio of infrastructure projects across 71 countries intended to link Eurasian markets by rail and sea. The state-led nature of the Initiative combined with its transformative geopolitical implications have conditioned the type of engagement that many governments and firms in host and third countries are willing to take in Chinese-funded BRI projects. Building on two theoretical streams that have originated in international political economy but have received growing attention in international business, varieties of capitalism and geopolitics, this perspective shows how a greater understanding of the institutional and geopolitical context surrounding BRI helps decipher the selection of host-country firms and third-country MNEs in Chinese-funded BRI projects. We portray firm selection in a BRI project as the outcome of a one-tier bargaining game between China and a host country. We show how institutions and geopolitics influence both the legitimacy gap of Chinese SOEs in a host country and the host country’s relative bargaining power, affecting the likelihood that host firms and third-country MNEs are selected in BRI projects. We also discuss the geopolitical jockeying strategies that these firms can adopt to influence the outcome of the bargaining game.

Notizie dal sito “Yi Dai Yi Lu” pindao in cinese e in inglese: un’analisi critica e comparativa

2018 ◽  
Vol 1 (1) ◽  
Author(s):  
Natalia Riva
Keyword(s):  
Belt And Road Initiative ◽  
News Production ◽  
News Agency ◽  
Xinhua News Agency ◽  
Relevant Role ◽  
Belt And Road ◽  
English Speaking ◽  
Chinese And English ◽  
The Belt And Road ◽  
Selection Of

The promotion of the Belt and Road Initiative (BRI), a major China-led development and cooperation project launched in 2013, features among the centrepieces of China’s current political discourse and is one of the most closely-followed topics by both China’s and international audiences. The organization of the first Belt and Road Forum for International Cooperation (BRF) held in Beijing on May 14-15 2017 generated a considerable mediatic echo in which Xinhua News Agency played a relevant role. This paper focuses on the website “Yi Dai Yi Lu” pindao (“一带一路”频道), the online space dedicated to the BRI by the state-subordinated agency. The examination offers a comparative analysis of a selection of news titles published over the period of the BRF in the Chinese and English editions of this website. The aim is to examine the narrative constructed therein by offering a two-fold examination of how and to what extent: (1) Xinhua’s institutional and entrepreneurial identity influences its news production; and (2) the nature of different audiences affects the representations of the BRI and BRF in discourses targeted by the same producer to a Chinese-speaking or English-speaking audience.  

scholarly journals Research on the Evaluation of Investment Environment of Russia’s Key Cities

2021 ◽  
Vol 895 (1) ◽  
pp. 012021
Author(s):  
Q Liu ◽  
S Dong ◽  
F Li ◽  
H Cheng ◽  
M Ji
Keyword(s):  
Research Team ◽  
Mutual Trust ◽  
Strategic Decisions ◽  
Relevant Research ◽  
Investment Environment ◽  
Technological Support ◽  
Scientific Investigations ◽  
Belt And Road ◽  
The Belt And Road ◽  
Selection Of

Abstract The resources and industries between the two largest neighbor countries (Russia and China) complement each other, the level of political mutual trust is high and the prospects for trade cooperation are broad. The selection of the best regions and the best industries to strengthen investment in Russia is of great strategic significance to the promotion of the “Belt and Road” and the construction of the China-Mongolia-Russia Economic Corridor. However, the relevant research is very limited, and the current research on the investment environment in Russia is mostly at the provincial level. The unclear investment environment and unknown investment risks have severely restricted trade cooperation with Russia. The research team conducted several years of scientific investigations, government visits and scientific research in Russia, and obtained a large amount of first-hand valuable data. This study scientifically evaluated the investment environment of 16 key Russian cities in terms of economy, society, infrastructure, policies, etc., and classified the investment environment. The results of this research will provide direct scientific and technological support for strategic decisions such as strengthening bilateral economic and trade cooperation. It is an important reality for ensuring the smooth implementation of the China-Mongolia-Russia Economic Corridor.

scholarly journals A Research on the Belt and Road Initiatives and Strategies of RMB Internationalization

2017 ◽  
Vol 6 (1) ◽  
pp. 13 ◽  
Author(s):  
Xuejun Lin ◽  
Yefen Xiao ◽  
Yuan Liang ◽  
Xiaowen Zhang
Keyword(s):  
Global Economy ◽  
International Monetary System ◽  
Belt And Road Initiative ◽  
Good Opportunity ◽  
Monetary System ◽  
Push Forward ◽  
Belt And Road ◽  
The Stability ◽  
The Belt And Road ◽  
Rmb Internationalization

Some problems exist in current international monetary system, such as dollar dominance and frequent fluctuation of exchange rate, which are not conducive to the development of trade, investment and global economy. Financial crises break out frequently. So we should reform the international monetary system and create a multi-polar international monetary system to regulate dollar conduct by mutual competitions. RMB internationalization is not only favorable to the stability of the world's currency, but also good to China's own development. The Belt and Road Initiative has been bringing more opportunities for the internationalization of the RMB. The Belt and Road Initiative aims to strengthen economic cooperation between China and its neighboring countries and promotes the regional economic prosperity. This strategy provides a good opportunity for China to develop trade, increase investment and expand financial markets. So RMB should take advantage of this opportunity to improve the proportion of RMB trade settlement, increase the amount of RMB investment and financing and accelerate the circulation of RMB, and then steadily push forward the process of RMB internationalization under the premise of controlling risks.

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