scholarly journals Economic Interests of Russia and Other Eurasian Countries as Transit Nations of the Belt and Road Initiative

2019 ◽  
Vol 2019 (48) ◽  
pp. 19-40
Author(s):  
Michitaka Hattori

Significance The Middle East has long been polarised between US allies and enemies, while Beijing has historically retained a comparatively smaller footprint and rejected taking sides in regional political and security disputes. However, its economic interests are increasing. Impacts The United States will maintain a comparative advantage from its long history of political, military and economic cooperation in the region. Beijing could leverage its control over large industrial conglomerates in key sectors such as energy, infrastructure and biotechnology. The Belt and Road Initiative will be an attractive project for all Middle Eastern countries, maximising their geographical advantages.


2019 ◽  
Vol 05 (03) ◽  
pp. 395-416 ◽  
Author(s):  
Paulus Rudolf Yuniarto

In implementing the Belt and Road Initiative (BRI), there remains a huge perception gap between China and Indonesia. Differences in ideology, politics, race, religion, and ethnicity are hindering the great potential of the BRI from being fully realized. To bridge the gap and enhance mutual understanding, people-to-people exchange between both countries should be accorded greater significance. In addition, strengthening bilateral cooperation in education, labor, tourism, and culture can bring positive spill-over effects beyond basic intercultural learning. Such non-infrastructure cooperation creates more room for people-to-people bonds to flourish, where economic interests are not blindly pursued. Deepened mutual understanding will, in turn, help achieve the major goals of the BRI and promote the building of a community of shared future along the route.


Author(s):  
Denghua Zhang

Abstract China’s rise in the Pacific has brought the region into the limelight, but research into the views of Chinese scholars of Pacific Studies is limited. Building on a survey and interviews of 39 Chinese scholars, this article analyses China’s motives, influence, and prospects in the Pacific. It finds out that Chinese scholars list China’s diplomatic strategy, the Belt and Road Initiative, and economic interests as the three main causes of China’s Pacific diplomacy. The majority of these scholars rate the performance of China’s Pacific diplomacy as pass/average. Most Chinese scholars are cautiously optimistic about the Belt and Road Initiative in the Pacific, and they expect China to both compete and cooperate with traditional powers in the Pacific in the foreseeable future. Some of these scholars’ views on issues like the China–Taiwan diplomatic competition and the impact of Chinese aid on local corruption contradict the official Chinese line strikingly.


2020 ◽  
pp. 1-23
Author(s):  
HONG LIU ◽  
XIN FAN ◽  
GUANIE LIM

This article argues that Singapore, courtesy of its strong state capacity and long-standing connections with China, has promoted effective polices and coordinated mutually reinforcing institutional mechanisms in engaging with the Belt and Road Initiative (BRI). While some of these institutions predate the BRI, they have been continuously enhanced or modified to meaningfully foster Singapore-China cooperation. In certain cases, new institutions have been created to fulfill specific demands the existing institutions cannot adequately serve. These two types of institutions not only complement each other but also promote cooperation between the bureaucrats, politicians, transnational corporations, government-linked corporations, small- and medium-sized private firms and business associations. The article also illustrates the flexibility of the ‘networked state’ in formulating collaborative ties linking key international and domestic actors, demonstrating how a small state like Singapore can partner China effectively and deepen its strategic importance to the BRI to enhance its own strategic and economic interests. Lastly, the article highlights the two key conditions in BRI-related nations for their successful engagement: the existence of mutual interests between China and a counterpart nation bolstered by conducive perceptions and policies, and the institutionalization of competent mechanisms to materialize and operationalize these interests.


2020 ◽  
Vol 2020 (56) ◽  
pp. 138-143
Author(s):  
Альберт Садовничий

The participation of Belarus in the Silk Road Economic Belt will bring a number of political dividends and represents a great opportunity for this country. It could led to additional investment, which is important for economic growth. China is becoming a springboard for the diversifying of the political and economic interests of Belarus, which can use this project to create a so-called security space for its sovereignty. In addition, this project is obviously aimed at deepening cultural and humanitarian cooperation. Thus, the promised benefits of Belarusian participation in this initiative seem obvious.


2019 ◽  
pp. 47-71
Author(s):  
Petr M. Mozias

China’s Belt and Road Initiative could be treated ambiguously. On the one hand, it is intended to transform the newly acquired economic potential of that country into its higher status in the world. China invites a lot of nations to build up gigantic transit corridors by joint efforts, and doing so it applies productively its capital and technologies. International transactions in RMB are also being expanded. But, on the other hand, the Belt and Road Initiative is also a necessity for China to cope with some evident problems of its current stage of development, such as industrial overcapacity, overdependence on imports of raw materials from a narrow circle of countries, and a subordinate status in global value chains. For Russia participation in the Belt and Road Initiative may be fruitful, since the very character of that project provides us with a space to manoeuvre. By now, Russian exports to China consist primarily of fuels and other commodities. More active industrial policy is needed to correct this situation . A flexible framework of the Belt and Road Initiative is more suitable for this objective to be achieved, rather than traditional forms of regional integration, such as a free trade zone.


2018 ◽  
Vol 9 (06) ◽  
pp. 20475-20182
Author(s):  
Ige Ayokunle O ◽  
Akingbesote A.O

The Belt and Road initiative is an important attempt by China to sustain its economic growth, by exploring new forms of international economic cooperation with new partners. Even though the B&R project is not the first attempt at international cooperation, it is considered as the best as it is open in nature and does not exclude interested countries. This review raised and answered three questions of how the B&R project will affect Nigeria’s economy?  How will it affect the relationship between Nigeria and China? What could go wrong?, The review concluded that Nigeria can only benefit positively from the project.


Author(s):  
Adnan Khalaf i Hammed Al-Badrani ◽  
Hind Ziyad Nafeih

The Belt and Road Initiative is an initiative to revive the ancient Silk Road, through networks of land and sea roads, oil and gas pipelines, electric power lines, the Internet and airports, to create a model of regional and international cooperation.       It is essentially a long-term development strategy, launched by the Chinese president in 2013 to become the main engine of Chinese domestic policy and foreign diplomacy and within the framework of the soft power strategy, to enhance its position and influence in the world as a peaceful and responsible country.   The study includes identifying the initiative and setting goals for China, as well as the challenges and difficulties that hinder the initiative.


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