The new dynamics of multilateral cooperation mechanisms in East Asia—China’s Belt and Road Initiative, the Asian Infrastructure Investment Bank, and Japan’s partnership for quality infrastructure

2019 ◽  
pp. 166-186 ◽  
Author(s):  
Werner Pascha
Keyword(s):  
East Asia ◽  
Infrastructure Investment ◽  
Belt And Road Initiative ◽  
Investment Bank ◽  
Multilateral Cooperation ◽  
Asian Infrastructure Investment Bank ◽  
Belt And Road ◽  
Quality Infrastructure

scholarly journals O Asian Infrastructure Bank enquanto elemento financiador da Belt and Road Initiative: demonstração de capacidade chinesa de prover bens públicos no sistema internacional

2020 ◽  
pp. 3-21
Author(s):  
Fábio Colombo ◽  
Keyword(s):  
Infrastructure Investment ◽  
Belt And Road Initiative ◽  
Investment Bank ◽  
Asian Infrastructure Investment Bank ◽  
Belt And Road

A Belt and Road Initiative (BRI) e o Asian Infrastructure Investment Bank (AIIB), o primeiro um projeto de interligação de economias a partir da China e o segundo uma instituição multilateral de financiamento a projetos de infraestrutura, são elementos definidores da política externa chinesa no século XXI. Entender a relação entre essas duas componentes é relevante porque permite realizar inferências acerca da projeção de poder chinês no sistema internacional. Neste sentido, entende-se que uma abordagem a partir da ideia de bens públicos globais é útil, pois se encaixa em um contexto mundial de fadiga dos Estados Unidos enquanto provedor desses e aparente vontade chinesa de assumir esse papel. O presente trabalho analisa a oferta de bens públicos por parte da China por intermédio do AIIB. Define-se, portanto, que o objetivo geral é verificar se essa instituição preenche a função de prover bens públicos no âmbito da BRI. Os objetivos específicos são (1) revisar a literatura acerca de bens públicos globais dentro da ótica de Kindleberger (1973) e outros autores; (2) discorrer sobre o AIIB e a BRI, demonstrando uma relação de financiamento do primeiro em relação ao segundo e; (3) aplicar a noção de bem público ao AIIB. Verificou-se que a multilateralidade, segurança jurídica e financiamento ao desenvolvimento são bens públicos promovidos pela instituição analisada. Palavras-chave: AIIB; BRI; bem público; China; Economia Política Internacional.

China and the Struggle over the Future of International Order

2018 ◽  
Author(s):  
Zhongying Pang
Keyword(s):  
International Institutions ◽  
International Order ◽  
World Politics ◽  
Infrastructure Investment ◽  
Belt And Road Initiative ◽  
Investment Bank ◽  
The Future ◽  
Belt And Road ◽  
Governance Institutions ◽  
The Belt And Road

This chapter discusses China’s changing attitude, doctrine, and policy actions towards international order and offers some tentative findings on the complexity of China’s role in the struggle over the future of international order. This complexity results from China’s efforts simultaneously to consolidate its presence in the existing international order but also to reform existing global governance institutions. The ambition to seek an alternative international order makes it, at least to some extent, a revisionist state. While pursuing an agenda to reform the existing international order from within, China additionally has begun to sponsor an unprecedented number of new international institutions and initiatives of its own, such as the Asian Infrastructure Investment Bank (AIIB) and the Belt and Road Initiative (BRI). How this will play out will depend above all on the interaction of China with a USA still wedded to its hegemonic role in world politics.

Belt and Road initiative meets Africa: Exploring the state of play, the implications and the imperative for complementarities of interests

2021 ◽  
Vol 8 (2) ◽  
pp. 1-31
Author(s):  
Collins C Ajibo
Keyword(s):  
Dispute Settlement ◽  
Cultural Diplomacy ◽  
Infrastructure Investment ◽  
Belt And Road Initiative ◽  
Global Order ◽  
African Countries ◽  
Investment Bank ◽  
Chinese Enterprises ◽  
Belt And Road ◽  
Trade And Investment

China’s Belt and Road Initiative (BRI) is expected to link the world to a gigantic trade and investment corridor, with China at the centre of the new multilateralism. Since its announcement in 2013, China has taken significant steps to actualise its vision through massive investment in infrastructure in the belt-road regions supported by Chinese financial institutions, including the Asian Infrastructure Investment Bank (AIIB). Critics argue that BRI is a covert means for China to exert greater influence on the global trade and investment landscape but China has countered this. Nevertheless, emerging evidence indicates that, beyond the promotion of trade and investment, China is using BRI to export overcapacity, internationalise renminbi, promote cultural diplomacy, secure resources and redefine the global order. Hence, African countries stand in danger of neocolonialism unless they optimise the partnership with China to foster a win-win situation. In particular, African countries must recognise the significance of deft management of unsustainable Chinese loans that may entrap them in future, embedding more transparency in contract bidding for infrastructure investment, insisting on capacity building and skill spillovers and ensuring that transnational dispute settlement with Chinese enterprises is adjudicated in a neutral venue, if African courts lack the jurisdiction to entertain the matter.

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

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