China S Globalization And The Belt And Road Initiative
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China’s Globalization and the Belt and Road Initiative by Jean A. Berlie Pdf
This book explains the importance of globalization and the Belt and Road Initiative, which is one of the essential projects of President Xi Jinping, and where China fits on the global arena. Additionally, the contributors cover such important topics as China’s maritime traffic, infrastructure along the modern Silk Road, the South China Sea, and China’s relationship with Indonesia, Malaysia, East Timor, Hong Kong, and Macao. This edited volume will interest scholars, researchers, and students in the fields of Asian studies, globalization, political science, and Chinese politics.
China's Belt and Road Initiative by Wenxian Zhang,Ilan Alon,Christoph Lattemann Pdf
Since the introduction of the One Belt, One Road initiative (OBOR), first proposed in late 2013, international scholars have begun to study this new policy and its implications in the global age. While OBOR provides new opportunities for China in terms of regional cooperation and global development, many also raise concerns about China’s intentions of using economic means to achieve strategic and foreign policy objectives. Hailing from the West and the East, the authors reflect on the wide-ranging impacts of OBOR on specific countries, regions, economic policies, and geopolitical considerations. Including both theoretical research and empirical studies that explore opportunities and challenges related to OBOR, this edited volume will allow readers to gain a more comprehensive understanding of this ambitious undertaking and its long-term impact on the rest of the world.
China's Globalization from Below by Theodor Tudoroiu Pdf
This book analyzes the Chinese-centered globalization ‘from below’ brought about by China’s entrepreneurial migrants and conceived of as a projection of Chinese power in the Belt and Road Initiative partner states. It identifies the features of this globalization ‘from below,’ scrutinizes its mutually reinforcing relationship with China’s globalization ‘from above,’ and shows that these two globalizations are intrinsically related to the construction of a new international order. It outlines how the actors in China’s globalization ‘from below’ include Chinese emigrants who are located in informal transnational economic networks. It reveals that Beijing has enacted many laws that compel these emigrants to contribute to the development of their country of origin but also influences them through the successful promotion of a specific type of deterritorialized nationalism; and that China is ready to impose harsh punitive actions on political elites in partner states which fail to protect its migrants or limit their economic activities. Finally, it argues that China’s globalization ‘from below’ is fundamentally different from the non-hegemonic globalization ‘from below’ represented by, among others, Lebanese and East Indian traders, and that China’s globalization ‘from below’ is rather a self-interested national strategy intended to support the construction of a Chinese-centered international order.
China's Belt And Road Initiative And Rmb Internationalization by Gang Meng Pdf
The Chinese economy has long been emphasizing globalization. Many factors including domestic currency policies, exchange policies and cross-border capital flow are becoming increasingly complex. Therefore, China is steadily pushing forward RMB internationalization to meet the market requirements emerging from global cooperation that has resulted from the Belt and Road Initiative.In the perspective of currency development, the internationalization of RMB is a general trend and a historical choice. As an important measure of China to fully open up and integrate with international community, the Belt and Road Initiative intends to effectively connect relevant countries, from different areas such as policies, roads, trade, capital and popular support. The financial cooperation based on domestic currencies is an important aspect of the Belt and Road Initiative, and an important means to meet the financial needs of various countries. Financing of Belt and Road Initiative-related projects is clearly helpful for China in adopting more active policies in capital account convertibility and RMB internationalization and to accelerate the process of RMB internationalization.
Belt And Road Initiative, The: Implications For The International Order by Moritz Rudolf Pdf
This book showcases how the People's Republic of China (PRC) has been utilizing the Belt and Road Initiative (BRI) to reshape the global order. Dissecting China's increasingly assertive international behaviour, the book demonstrates how the PRC projects its self-perception onto the international order. The book outlines five aspects of China's international role projection, which the PRC applies selectively, depending on its target audience: (1) The bearer of traditional Chinese culture; (2) The humiliated nation; (3) The socialist state with Chinese characteristics; (4) The developing state and promoter of international development; (5) The authoritarian globalization optimist.Drawing on an in-depth analysis of hundreds of primary BRI documents, the book offers a comprehensive overview of China's most crucial foreign policy agenda item. It demonstrates how, through the BRI, the PRC has introduced mechanisms to the international level, which reflect its domestic policy-making mode. In addition, the PRC has institutionalized the initiative by establishing China-centered BRI networks across a wide range of policy areas. Within those emerging China-centered BRI networks, the PRC systematically increases its international discursive power, for example, by inserting Chinese vocabulary into UN resolutions or by promoting Beijing's approaches vis-à-vis 'the rule of law' across a range of developing states. This book also further discusses the implications of the BRI for the international legal order.
The Belt and Road Initiative (hereafter BRI) of China has attracted worldwide attention and participation, causing a lot of debate over its implications for international society. Although it is still in a budding stage, the BRI seems to afford a framework for an increasing number of countries to explore jointly new international economic governance mechanisms and offer significant opportunities for them to cope jointly with global challenges. Taking a globalization perspective and tracking the ancient silk roads, this book tries to examine the general context in which the BRI is raised and implemented, arguing that this Chinese initiative, instead of replacing existing international cooperation mechanisms, is a call for the reform and development of neoliberal globalization and will open up a new era of inclusive globalization. Inclusive globalization is neither an overturning nor a simple continuation of neoliberal globalization but rather a proposal capable of addressing the problems of existing globalization. The difference between them lies in the fact that globalization cannot only serve the "spatial fix" of capital but also has to meet the needs of living people. The book also addresses a number of major issues on building the Belt and Road and contains Chinese media’s interviews with the author on various BRI issues. Given the author has been intensively involved in the study of and planning for the BRI, the book offers a valuable academic insight into this Chinese initiative.
Great Potential, Many Pitfalls by Bijan Omrani Pdf
China’s Belt and Road Initiative (BRI), China’s globe-girdling infrastructure and trade corridor project, is a rare watershed in international affairs. It affects, whether directly or indirectly, nearly the entire world, directly involving more than 60 countries, nearly 4.5 billion people (about two-thirds of the world’s population), up to $8 trillion, and around 40 per cent of the global economy. BRI also entails a rising power—perhaps the next superpower—endeavouring to build one of the biggest and most expensive super-projects the world has ever seen. If it achieves its potential, BRI could even pose a threat to the Bretton Woods global economic model that has prevailed since the end of World War II. BRI has the potential to change the world in a big way. And yet, the project also confronts security and financial challenges that are as serious as its potential is soaring. In this way, BRI is a topic that needs serious examination. This book features chapters on BRI prepared by top international scholars who have been tracking the project closely. The chapters assess the project’s impact across Asia, highlight its opportunities and challenges, and consider what might be in store in the future. The chapters in this book were first published as a special issue of the Asian Affairs.
Paulo Afonso B. Duarte,Francisco José B. S. Leandro,Enrique Martínez Galán
Author : Paulo Afonso B. Duarte,Francisco José B. S. Leandro,Enrique Martínez Galán Publisher : Springer Nature Page : 810 pages File Size : 44,9 Mb Release : 2023-01-07 Category : Political Science ISBN : 9789811967009
The Palgrave Handbook of Globalization with Chinese Characteristics by Paulo Afonso B. Duarte,Francisco José B. S. Leandro,Enrique Martínez Galán Pdf
This handbook offers readers various perspectives on globalization and multilateralism with Chinese characteristics. Its originality is derived from the hybrid approaches the handbook takes, where chapters provide complementary, intertwined, and multi-level analysis on the topic. Based on contributions of scholars and practitioners from a number of countries, the handbook helps readers to comprehend ongoing debates on the Belt and Road Initiative and global governance, within a shifting balance of world power, characterized by competing views between Western and Chinese norms, standards, values, and narratives. Split into three Parts, and consisting of 46 chapters, the handbook views globalization as comprehensive concept that benefits from the contributions of various disciplines such as geography, geo-economics, political science and international relations. In producing one of the most ambitious and updated outputs on the topic, the handbook as a whole seeks to discuss what globalization with Chinese characteristics looks like, and the role of the Belt and Road Initiative in this process.
China’s Regions in an Era of Globalization by Tim Summers Pdf
The rise of China has been shaped and driven by its engagement with the global economy during a period of intensified globalization, yet China is a continent-sized economy and society with substantial diversity across its different regions. This means that its engagement with the global economy cannot just be understood at the national level, but requires analysis of the differences in participation in the global economy across China’s regions. This book responds to this challenge by looking at the development of China’s regions in this era of globalization. It traces the evolution of regional policy in China and its implications in a global context. Detailed chapters examine the global trajectory of what is now becoming known as the Greater Bay Area in southern China, the globalization of the inland mega-city of Chongqing, and the role of China’s regions in the globally-focused belt and road initiative launched by the Chinese government in late 2013. The book will be of interest to practitioners and scholars engaging with contemporary China’s political economy and international relations.
China's objectives with the Belt and Road Initiative by Sandra Schorrer Pdf
Essay from the year 2020 in the subject Politics - Topic: Globalization, Political Economics, grade: 1,0, Dresden Technical University, language: English, abstract: What are the objectives behind China's promotion and development of the Belt and Road Initiative? Answering this question is the main purpose of this essay which is based on an international political economy (IPE) approach to bridge geoeconomic and geopolitical perspectives The ancient Silk Road served as vast trade network between China, other Asian countries, Europe and the Middle East for more than 2,000 years. By launching the Belt and Road Initiative (BRI) - comprising the Silk Road Economic Belt, the 21st Century Maritime Silk Road and a Digital Silk Road - China has revived this concept in 2013. While some scholars and politicians welcome the BRI as China’s contribution to international public goods and international development, others reject it claiming that its objectives are not transparent or, that it is a tool for China to leverage its massive economic resources for geostrategic interests and to facilitate business for its state-owned enterprises. Thus, is the BRI ́s main objective to undermine the US-led world order? Is it driven by altruism aimed on facilitating economic growth in less developed countries? Is it the Chinese way to deal with domestic economy challenges? Or is it just an empty slogan?
One Road, Many Dreams by Daniel Drache,A T Kingsmith,Duan Qi Pdf
One Belt, One Road is China's bold plan to remake the global economy. It's an ambitious strategy with a $2 trillion – and rising – budget. The objective? To challenge the existing economic and political world order. One Road, Many Dreams reveals the true extent of China's ambition, analyses the impact of the One Belt, One Road initiative and assesses its chances of success and failure. This is the Asian century and China has a plan – to remake the world economy. Under its audacious One Belt, One Road strategy, China is investing trillions of dollars in hundreds of projects all around the globe. It's buying up ports, building transport networks and constructing major infrastructure. From hydroelectric plants to oil pipelines, China supplies the labour if needed, the raw materials and the finance, creating customers and boosting its own economy in the process. More than 80 nations have already joined China's increasingly less exclusive club and by 2049, when One Belt, One Road is set to end, its number of members is likely to rival the UN. So far, China has exercised its soft power of debt diplomacy and financial might shrewdly, serving the planet's overlooked middle-income and poor countries. The rest of the world needs to wake up because the scale of One Belt, One Road is unprecedented. Its implications for the global structure of power are potentially seismic as the geopolitical ties between Europe and Asia deepen. Written by three highly regarded political economists, One Road, Many Dreams examines the One Belt, One Road initiative from all angles. It looks at the projects and the players, the alliances and the governance. It explores the opportunities for China and the threat to the West, particularly for Trump's isolationist US administration. At home and abroad, China is staking its credibility as a superpower on One Belt, One Road. Its resources appear limitless, but One Road, Many Dreams asks a tough question: has China overreached? Or can it really pull this off and remake the world economy in its own interests?
China's Belt and Road strategy is acknowledged to be the most ambitious geopolitical initiative of the age. Covering almost seventy countries by land and sea, it will affect every element of global society, from shipping to agriculture, digital economy to tourism, politics to culture. Most importantly, it symbolizes a new phase in China's ambitions as a superpower: to remake the world economy and crown Beijing as the new center of capitalism and globalization. Bruno Maçães traces this extraordinary initiative's history, highlighting its achievements to date, and its staggering complexity. He asks whether Belt and Road is about more than power projection and profit. Might it herald a new set of universal political values, to rival those of the West? Is it, in fact, the story of the century?
China's Provinces and the Belt and Road Initiative by Dominik Mierzejewski Pdf
This book discusses the Belt and Road Initiative at the provincial level in China. It analyses the evolution of the role of local governments in Chinese foreign policy since the opening of China’s economy in 1978, showing how the provinces initially competed with each other, and how the central government was forced to react, developing more centralised policies. Unlike other books on the Belt and Road Initiative, which focus on the international aspects of the initiative, this book demonstrates the importance of the Belt and Road in reinforcing China’s unitary status and for managing and coordinating development at the local level as well as centre-province relations and province to province relations inside China.
The Belt & Road Initiative in the Global Arena by Yu Cheng,Lilei Song,Lihe Huang Pdf
This book is among the first to systematically analyze and discuss the Chinese government's“One Belt, One Road” initiative to promote infrastructure investment and economic development, bringing together a diverse range of scholars from China, Russia, and Eastern Europe. The book assembles a package of next generation ideas for the patterns of regional trade, investment, infrastructure development, or next steps for the promotion of enhanced policy coordination across the Eurasian continent and strategic implications for EU, Russia and other major powers, introducing innovative ideas about what these countries across belt and road can do together in the eyes of the young generation. This book will be of interest to scholars, economists, and interested observers of the international impact of Chinese development.