How China’s New Silk Road Threatens European Trade

Holslag, Jonathan

doi:10.1080/03932729.2017.1261517

Cited by 55 publications

(34 citation statements)

References 2 publications

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“…Scholars argue that BRI is a "guerre de course" strategy of offensive mercantilism that will enable China to enter in foreign markets [24,36]. There are also concerns related to financial risks of US $900 billion in Chinese investment and repayment of debts to China by some Eurasian countries [37,38]. In particular, recent events in Sri Lanka and Malaysia, which are both buried in debts to China, have raised many questions about the potential benefits of BRI to recipient countries.…”

Section: China's Regional and Global Impactmentioning

confidence: 99%

“…China acknowledges that successful completion of BRI projects will ultimately improve its impact on the global governance system [7,27,69]. However, there are concerns that strings are attached to this multibillion-dollar initiative [37][38][39][40]. Holslag termed the BRI as an offensive mercantilism strategy to protect China's domestic industries and to support them to reach foreign market by promoting exports to BRI countries, particularly by manufacturing industries that are plagued with overcapacity [37].…”

Section: Globalization-a Chinese Perspectivementioning

confidence: 99%

“…However, there are concerns that strings are attached to this multibillion-dollar initiative [37][38][39][40]. Holslag termed the BRI as an offensive mercantilism strategy to protect China's domestic industries and to support them to reach foreign market by promoting exports to BRI countries, particularly by manufacturing industries that are plagued with overcapacity [37]. Brown argues that beneath overt narratives of development and cooperation, China is building infrastructure in BRI countries not only for transportation of goods but also of energy because it needs abundant energy to sustain its economic growth well into the future [50].…”

Section: Globalization-a Chinese Perspectivementioning

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: China's Regional and Global Impactmentioning

confidence: 99%

Section: Globalization-a Chinese Perspectivementioning

confidence: 99%

Section: Globalization-a Chinese Perspectivementioning

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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“…Tiongkok mengalami kelebihan kapasitas manufaktur yaitu baja. Hal ini mendorong pembentukan kelompok baja besar melalui penggabungan usaha, penciptaan standar kualitas "dengan pengaruh internasional yang lebih besar", dan menggunakan One Belt One Road sebagai "alat untuk mempromosikan ekspor" (Holslag 2016). Proyek Tiongkok dalam One Belt One Road, akan mampu mengalihkan kelebihan kapasitas bajanya ke pembangunan jalan raya, kereta api, dan kontainer yang memerlukan baja.…”

Section: A Kepentingan Ekonomiunclassified

Geopolitik Tiongkok Di Kawasan Asia Tenggara: Jalur Perdagangan (Obor)

Radityo

Rara

Amelia

et al. 2019

JAPS

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In the development of the dynamics of international politics, China is one of the countries that began to emerge and acted as an emerging power country and had economic power that had much influence on the world economic system. Geopolitics is a form of political implementation of the state with the influence of its geographical conditions. Geographical conditions can affect a country's policy on efforts to achieve its interests. To realize its interests, China does it by means of geostrategy. The development of China's political geostrategy itself can be seen from the history of China, where policy considerations have been adjusted to adjust geographical conditions. In this case, it can be seen from how China was able to map its trade routes which were introduced as silk roads. In the era of modern or contemporary China, China has increasingly developed into a country that has strong bargaining power. Because of this China mapped out its strategy not only from a geographical aspect but also from international political conditions. AbstrakDalam perkembangan dinamika politik internasional, Tiongkok merupakan salah satu negara yang mulai muncul dan berperan sebagai emerging power serta memiliki kekuatan ekonomi yang banyak memberikan pengaruh bagi sistem ekonomi dunia. Geopolitik merupakan bentuk dari implementasi politik suatu negara dengan pengaruh keadaan geografisnya. Keadaan geografis dapat mempengaruhi kebijakan suatu negara atas upaya mencapai kepentingannya. Untuk mewujudkan kepentingannya maka Tiongkok menggunakan geostrategi. Perkembangan geostrategi politik Tiongkok sendiri dapat dilihat dari masa sejarah Tiongkok dimana sudah mulai adanya pertimbangan kebijakan yang menyesuaikan kondisi geografis. Dalam hal ini dapat dilihat dari bagaimana Tiongkok mampu memetakan jalur perdagangannya yang diperkenalkan dengan sebutan jalur sutra atau silk road. Di era Tiongkok modern atau kotemporer, Tiongkok semakin berkembang menjadi negara yang memiliki kemampuan bargainning power yang cukup kuat. Karena hal tersebut Tiongkok memetakan strateginya bukan hanya melihat dari aspek geografis namun juga melihat dari kondisi politik internasional.

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“…Finally, some are crucially questioning the core "win-win claim" at the heart of the initiative, showing that with the BRI China is just marking the shift from "defensive mercantilism" to "offensive mercantilism," in search of foreign markets and opportunities for (big) Chinese companies, at the expense of European and US business (Holslag, 2017;Levesque, 2017). However, China's offensive posture could also be seen simply as a defensive reaction to the domestic economic slowdown, the US pressure in the Asia-Pacific, and the deterioration of the relationship with its neighbors (Wang Y., 2016).…”

Section: The Belt and Road Initiative: Connecting The Eurasian Comentioning

confidence: 99%

“Crossing the River by Feeling the Gold”: The Asian Infrastructure Investment Bank and the Financial Support to the Belt and Road Initiative

Gabusi

2017

China and World Economy

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China's Belt and RoadInitiative (BRI) is, above all, a connectivity project. As connectivity requires financial support, in the past few years China has undertaken several institution-building activities at the national and international level, mainly in the financial and economic sector, showing a new propensity to influence global economic governance. In particular, the establishment of the Asian Infrastructure Investment Bank (AIIB) has drawn attention worldwide. How does this institutionbuilding process connect with BRI? Are these institutions just a vehicle for exporting China's capital and overcapacity, or do they signal a potential wider challenge to the post-World War II liberal international order? By analyzing the first loans approved by the bank, the present paper argues that far from representing a China-led challenge to the Western-led liberal order, the AIIB, while promoting Chinese commercial and geopolitical interests, shows the resilience of the global financial regime created by the West.

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How China’s New Silk Road Threatens European Trade

Cited by 55 publications

References 2 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

Geopolitik Tiongkok Di Kawasan Asia Tenggara: Jalur Perdagangan (Obor)

“Crossing the River by Feeling the Gold”: The Asian Infrastructure Investment Bank and the Financial Support to the Belt and Road Initiative

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