China's Belt and Road Initiative: at the crossroads of challenges and ambitions

Tekdal, Veysel

doi:10.1080/09512748.2017.1391864

Cited by 66 publications

(40 citation statements)

References 38 publications

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“…The Xi Jinping administration is projecting BRI as a symbol of China's foreign and economic policy with invaluable support from Chinese strategic analysts. However, some [19,47] have termed this initiative as China's grand strategy to establish its political influence and rejuvenate at least its own neighborhood through economic development to neutralize the future risk of countervailing responses. There is some doubt that BRI might not enhance Beijing's political influence across Eurasia regions; however, there is little doubt that it would generate the huge development and economic activities across transregional states.…”

Section: Discussionmentioning

confidence: 99%

“…China seeks to fortify its energy security by reducing its dependence on the Strait of Malacca, which is susceptible to U.S. blockade. Therefore, it is developing an alternative energy corridor through BRI to improve its safe access to vital energy resources by constructing pipelines between China and Central Asian countries, and building railway lines, pipelines and road networks through China-Pakistan Economic Corridor to transport more sustainable fuel from the Middle East and Africa [19,46].…”

Section: China's Motivations For Brimentioning

confidence: 99%

“…Therefore, China is shifting its coal-based industries to more sustainable fuels (e.g., natural gas) to curtail CO 2 emissions and to improve its environmental quality. In addition, China is also aiming to transfer its heavy-polluting and energy-intensive manufacturing industries to the more competitive and relatively lower costs labor markets in BRI countries [19]. Several nongovernmental organizations note that China is undertaking measures to ensure its own industry is an active player in the green revolution by, for example, relocating its polluting industries to less developed countries.…”

Section: China's Motivations For Brimentioning

confidence: 99%

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China’s Belt and Road Initiative: A Global Model for an Evolving Approach to Sustainable Regional Development

et al. 2018

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China’s Belt and Road Initiative (BRI) is a cornucopia of international projects that offer mammoth opportunities for more economic cooperation and deeper regional integration primarily among emerging economies. BRI is providing new drivers of sustainable economic growth in China and of cross-border trade, along with the reimagined land and “Maritime Silk Road”. The initiative focuses on restoring global balance and on expanding universally beneficial and inclusive relationships. This article argues that the forces of globalization are so pivotal to Eurasia, where development opportunities can propel the region toward a more comprehensive socioeconomic integration, that governments in that region need to provide more support that ensures the continuing success of BRI. In essence, BRI is a critical tool for peaceful development that is resulting in massive investments in infrastructure, that is facilitating economic development, and that is promoting shared governance. This article provides theoretical perspectives on BRI as a beachhead for sustainable regional development. It also highlights BRI programs and projects that have emerged as an internal and external policy framework for an openly inclusive “win–win” cooperation model based on shared development and on communities of shared interests.

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Section: Discussionmentioning

confidence: 99%

Section: China's Motivations For Brimentioning

confidence: 99%

Section: China's Motivations For Brimentioning

confidence: 99%

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China’s Belt and Road Initiative: A Global Model for an Evolving Approach to Sustainable Regional Development

et al. 2018

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“…Through various infrastructure systems built on both land and sea, free trade agreements and financial institutions governed by China, it is foreseeable that in the long term China might have the power to control international trade affiliating with the BRI countries, maritime transport, valuation rights, as well as resource distribution. This ambition is especially important in the context of overcapacity of state-owned enterprises, which requires shifting into the BRI countries [18].…”

Section: The Belt and Road Initiative (Bri) And China's Strategic Advmentioning

confidence: 99%

The Belt and Road Initiative and Its Perceived Impacts on the Textile and Garment Industry of Vietnam

Tran

Duc

2019

Journal of Open Innovation: Technology, Market, and Complexity

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The main purpose of this study was to find out the perceived impacts on the garment and textile industry of Vietnam from the Belt and Road Initiative (the BRI), a global-scale developmental and trade facilitation policy of China. The research applied both desk review and in-depth interviews with 54 leaders and high-ranked officials from public and private sectors in 2017 to identify potential impacts of the BRI on the Vietnam textile and garment industry. In addition, perceived challenges and opportunities of the BRI were also examined. Respondents from both sectors agreed that the initiative could foster textile export and the development of infrastructure. Apart from that, the main challenge is recognized as the poor competitiveness of Vietnamese textile firms on the international commercial playground. Solution insights that were offered through interviews suggested that the competence of domestic apparel brands and establishment of ODM (Original Design Manufacturing) and OBM (Own Brand Manufacturing) business models in Vietnamese textile producers may play the key roles in coping with the new challenges and in grasping opportunities that the initiative has to offer. From the perspective of the state, an improved public administration system is perceived as the key element in supporting the enterprises for upcoming challenges.

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“…Specifically, with reference to China's campaign termed as "Made in China, " ventures are vigorously financed and subsidized particularly for the electronic equipment industry. Therefore, the endowments successfully bring down the creation cost of the electronic equipment, dejecting the American firms contending for the same product category in the global markets (Tekdal, 2017). Second, the Trump governance contends that China's high import taxes have essentially hampered American imports to China.…”

Section: American Government Perspective On Sino-us Tradementioning

confidence: 99%

Understanding Sino–US Trade War: An American Government Perspective

Bhandari¹,

Bansal²,

Dhillon³

2019

Management and Economics Research Journal

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To comprehend Sino–US trade relations, this research article decrypts the trade relations among China and the United States from the American government perspective (Presidency of Donald Trump). The American government claims that the Chinese government's high import levies and subsidies to Chinese firms cause the Sino–US trade war, bringing about economic misfortunes in the United States. The American government thus contends that forcing high levies on Chinese products (imports) can be corrective measures for Chinese governments' actions. This research article discovers that the American administration overestimates the deficits. Measures for diminishing China's imports cannot raise the American employment rate; on the contrary, China furnishes the United States with high caliber and low-cost products and services. Although China is one of the top investors for the United States, Chinese capitalists tend to capitalize the surplus by investing in American ventures and bonds. However, American administration limits Chinese capitals because of security concerns supported by various other nations (i.e., France, Germany, Britain, Australia, the European Union, Australia, Canada, and Japan). The fear for Chinese capitalists due to China's moving up to the high end of the value chain is an outcome of economic advancement. Consequently, the two nations should restrategize Sino–US trade patterns by developing trade and economic co-ordination by means of trade arrangements.

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China's Belt and Road Initiative: at the crossroads of challenges and ambitions

Cited by 66 publications

References 38 publications

China’s Belt and Road Initiative: A Global Model for an Evolving Approach to Sustainable Regional Development

China’s Belt and Road Initiative: A Global Model for an Evolving Approach to Sustainable Regional Development

The Belt and Road Initiative and Its Perceived Impacts on the Textile and Garment Industry of Vietnam

Understanding Sino–US Trade War: An American Government Perspective

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