scholarly journals The Beijing Consensus and the New Silk Road in Africa: Chinese investments in new disputes of hegemony

2020 ◽  
Vol 17 (1) ◽  
pp. 27-38
Author(s):  
Lucas Gualberto do Nascimento

This paper is going to analyze, from governmental and academic reports, the development of Sino-African relations mainly in the sphere of influence of the Forum on China-Africa Cooperation (FOCAC); and of the One Belt, One Road (OBOR) project, also known as the New Silk Road.

Author(s):  
Ping Zhou ◽  
Dongjuan Lv ◽  
Ying Chen

The “One Belt One Road” strategy is the abbreviation of “Silk Road Economic Belt” and “21st Century Maritime Silk Road.” In September and October of 2013, Chinese President Xi Jinping proposed to build the cooperation initiative of “New Silk Road Economic Belt” and “The 21st Century Maritime Silk Road.” President Xi Jinping projected to establish the “21st Century Maritime Silk Road” during his visit in Indonesia in October 2013. Finally, the National Development and Reform Commission, the Ministry of Foreign Affairs, and the Ministry of Commerce cooperatively issued the “Vision and Action for Promoting the Construction of the Silk Road Economic Belt and the 21st Century Maritime Silk Road” on March 28, 2015. The “One Belt One Road” countries were key areas of cooperation in the context of China's policy in communication, road connectivity, smooth trade, currency circulation, people's mutual understanding, strategic coordination to strengthen bilateral and multilateral teamwork, and corresponding development.


Subject The One Belt One Road initiative. Significance China's top economic planning body yesterday released a document on the Maritime Silk Road, adding to a growing set of authoritative central government documents that flesh out the nature and aims of the One Belt One Road (OBOR) initiative. Impacts The leadership's commitment to OBOR will ensure that resources will flow to it as long as Xi remains president. Support could weaken when Xi steps down if his successor seeks signature initiatives of his own. The more cohesive OBOR becomes, the greater the risk that other governments not participating will see it as a threat.


2017 ◽  
Vol 23 (78) ◽  
pp. 129-147 ◽  
Author(s):  
Liu Haiquan

Abstract The Silk Road Economic Belt and the 21st Century Maritime Silk Road initiatives (“One Belt, One Road”) are of significance in enhancing China’s open economy. This article explores the dual security challenges faced by the “One Belt, One Road” initiative. These challenges include both traditional security challenges, such as great power competition, territorial and island disputes, and political turmoil in the region, as well as non-traditional threats such as terrorism, piracy, and transnational organized crime. This article analyzes the present situation of security cooperation in the region covered by “One Belt, One Road” and also suggests that China needs to pay special attention to three issues, namely the supply of public security goods, the interests of the United States and Russia, and the pivot of Pakistan, besides developing its own strength.


Author(s):  
Oldřich Hájek ◽  
Jana Novosáková ◽  
Michal Lukač

Abstract Regional disparities are a research and political theme that has received considerable attention. This is also because regional disparities constitute a pull factor of migration, because high regional disparities may seriously threaten territorial integrity, and because socioeconomic development potential is not fully realized in lagging regions. Not surprisingly, regional disparities are an important research and political theme for New Silk Road countries and this is also reflected in the focus of this paper. The primary aim of this paper is to characterize regional disparities in selected New Silk Road countries, namely in China, in Russia and in Visegrad Four countries, and subsequently to discuss the relationship between regional disparities and the One Belt, One Road Initiative. The results point out the presence of a pattern of regional disparities in the countries. In this regard, the importance of the East-West gradient, of spatial hierarchy, and of inherited specialization is particularly emphasized. Reflecting the pattern of regional disparities, the potential of the One Belt, One Road Initiative to stimulate development of lagging regions is indicated.


2018 ◽  
Vol 6 (2) ◽  
pp. 224-233
Author(s):  
Zainab Gimba

The paper examines the new Chinese global initiative of the one belt one road, looking at the new Silk Road from the administrative and beneficial connectivity. Using the secondary methodology, findings show that, the initiative has not really included Africa in its connection, as only Kenya and Egypt are fully integrated. The paper concludes that Africa needs more representation and inclusivity to have a very inclusive global initiative. The paper also recommends that, china should not make Africa and other Asian nations dumping grounds for its finished goods, among other things.


Pomorstvo ◽  
2019 ◽  
Vol 33 (2) ◽  
pp. 264-273
Author(s):  
Adrijana Agatić ◽  
Dragan Čišić ◽  
Ana Perić Hadžić ◽  
Tanja Poletan Jugović

The OBOR-One Belt One Road initiative has potential to enable further development of the Port of Rijeka. The European seaports are important for China in the development of the OBOR initiative, especially the ports on the Maritime Silk Road (MSR) corridor of the OBOR. Chinese investors i.e. terminal operators in the past two decades have strategically invested in the European seaports to strengthen their position and obtain the OBOR goals. European seaports got the opportunity to improve their business through Chinese infrastructure investments and through China’s trade dominance which can bring more cargo to the European seaports. Thus, the OBOR i.e. Maritime Silk Road-MSR provide new possibilities for further development of the Port of Rijeka. The Chinese investors expressed their interest to invest in the Port of Rijeka, but concrete investments and collaboration regarding OBOR have not been realized. In this paper, the OBOR goals in Europe and the current status of OBOR in Europe will be identified. Strategic activities of China in the European seaports will be analyzed. The perspective the Port of Rijeka in the OBOR initiative i.e. MSR corridor will be elaborated according to the analyzed Chinese strategic activities in the European seaports and relevant aspects of the Port of Rijeka business: geo-traffic position, position on the OBOR corridors i.e. MSR corridor, membership in the NAPA – North Adriatic Port Association, shipping services and railway services, port infrastructure and investments.


Author(s):  
A. P. Sukhodolov ◽  
I. V. Anokhov

The article aims at evaluating the One Belt One Road project implemented by China that will define long-term trajectories of the world trade and finance development as well as prospects of Russia’s participation in this project. It seems that the project under consideration is not a full alternative to the existing nowadays world system of railroad and sea shipping both from the viewpoint of the shipping cost and the scope of investment required. A possibility of full-scale refocusing of Russia’s transport systems (the Trans-Siberian Railway, the Northern Sea Route) on the One Belt One Road project is not currently obvious, thus, one cannot state with certainty Russia’s role in this project. Besides, implementing this project results in building in Eurasia a China-centric economy system that does not coincide with the structures built by Russia, i.e. the Eurasian Economic Union, the Customs Union and other ones. At the same time, the One Belt One Road project seems to have no alternatives. None of the other countries has proposed a project that can be compared with the One Belt One Road one in terms of being large-scale, having a global impact as well as long-term effects. It is believed, that after the implementation of the project is complete, the technological and social differences between Europe’s and China’s potentials, which were the reason for shipping goods from Southeast Asia to Europe over the past centuries, will be reduced to a significant extent. In terms of this the China-centric world will have to provide different noneconomic reasons for its existence, i.e. provide the world with new values and meanings of the postindustrial world. In this context Russia’s participating in the One Belt One Road project may appear to be necessary: Russia can act as a project’s security operator, a mediator between China and the countries who are participants of the Silk Road Economic Belt in cases where their interests collide. Russia can also generate values and meanings of economic processes. The safe transportation routes Russia has, i.e. the Trans-Siberian Railway, the Northern Sea Route as well as long-term friendly relations with the countries-participants of the Silk Road Economic Belt and Russia’s being experienced in harmonizing different interests can become the key aspects contributing to success of this project.


2017 ◽  
Vol 7 (1) ◽  
pp. 98-118 ◽  
Author(s):  
Inna Šteinbuka ◽  
Tatyana Muravska ◽  
Andris Kuznieks

Abstract This contribution articulates the synergies and divergences of the various formats of cooperation between China and the European countries. The EU and China have a strong interest in each other’s flagship initiatives, namely the Investment Plan for Europe, and the One Belt, One Road Initiative (Silk Road Economic Belt and 21st-Century Maritime Silk Road). The authors argue that there are certain synergies between these initiatives. Furthermore, the new initiative EU-China Connectivity Platform is aimed to explore these synergies. The authors explore the recent developments in the EU-China investments, trade cooperation and the challenges of the ever-growing CEEC-China partnership in different formats, including the new platform of 16+1. The authors examine these implications in relation to the need to expand and adapt the content and approach of the EU-China Bilateral Investment agreement. The article concludes that the CEEC-China relation does not go against the EU; moreover, neither the CEE countries nor China have any motivation to try to weaken the EU.


Author(s):  
Zhi Ji ◽  
◽  
Valeriia Lymar ◽  

The article is devoted to the analysis of the macroeconomic indicators of China in the context of “One belt, one road” initiative. It was defined that the China’s economy shows positive trends of macroeconomic development over the last 20 years. Sequence of economic reforms and the presence of reasonable long-term plan causes the positive result because every year the China’s economy grows approximately by 10%. Today IMF have included yuan in the list of reserve currencies. It was defined that the share of unemployed is very low, lower even than natural indicator of unemployment (5%). It was calculated that the literacy index among young people is 99,7%, in other words almost all children at the age before 15 are getting education, the literacy index of adults (15-65 years old) is 96,8%. It was defined that One belt, one road initiative provides recovering the Silk road which connected China with Asian and European countries as well as the creating sea analogue of the Silk road which will connect the biggest ports of South-East Asia, Africa and Europe. The ability to recover the initiative gives China new markets, workforce, rendering harmful productions from its territory, becoming the leader in the region and world, yuan strengthening as an international currency and widening zone of influence. It was defined, that the initiative has not only positive aspects but negative ones, because the regions of South-East Asia and Central Asia are very turbulent what can have the negative effect on the building transport corridors. Otherwise the initiative has more advantages, economic growth will have a positive effect on the goods quality, employment, competitiveness of the country on the international market and improvement of life style as a result


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