China S Belt And Road Initiative Understanding The Dynamics Of A Global Transformation

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China S Belt And Road Initiative Understanding The Dynamics Of A Global Transformation
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Author : Yue Wah Chay
language : en
Publisher: World Scientific
Release Date : 2019-08-29
China S Belt And Road Initiative Understanding The Dynamics Of A Global Transformation written by Yue Wah Chay and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-08-29 with Business & Economics categories.
This book presents critical analyses of China's Belt and Road Initiative (BRI) from economic, social, political and geographical perspectives. Contributed by academics and business professionals from Asia, Europe and Australia, the chapters offer readers a range of regional viewpoints and insights into China's grand development strategy — primarily aimed at boosting connectivity across Asia and beyond via investments in infrastructural projects. The chapters also discuss the contemporary economic, financial, political and infrastructural developments related to the BRI and the challenges that confront the Initiative.This edited volume serves as a primer to China's mega strategic undertaking, a supplementary companion and reference resource to those familiar with the BRI.
Deglobalization
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Author : Jon-Arild Johannessen
language : en
Publisher: Taylor & Francis
Release Date : 2023-12-11
Deglobalization written by Jon-Arild Johannessen and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-12-11 with Business & Economics categories.
The emerging conflict between the US and China has an inherent tendency towards a development of deglobalization. It is the historical prerequisites for this deglobalization that are examined in this book. These assumptions are largely based on what is termed the second wave of globalization, based on increasing technological competition between the US and China, as well as China's expansion along the New Silk Road. In this book, the author makes a distinction between the Old Globalization and the New Globalization. The Old Globalization was characterized by competition over costs in general and wage costs in particular, while the New Globalization is categorized by new competencies and skills, especially technological capabilities and technological innovations. The second wave, which is driven by technological innovations, lays the foundation for a counter-strategy on the part of the US to stem the Chinese technological expansion. It is this new strategy that confines the second wave of globalization from China and lays the foundation for deglobalization. The book analyses US-China relations from a fresh perspective, namely a systemic thinking approach. The focus is the emerging innovation economy, which leads to tension and deglobalization. The book is grounded in evolutionary economics and uses conceptual generalization in its descriptions, analysis, theoretical reflections, and real-world cases. The key message is that the economy of the future will be characterized by coordinated wave movements: economic growth mainly controlled by private capital alternating with economic downturns that necessitate collective solutions and government interventions.The book offers policy suggestions, which include promoting effective macroeconomic policies, and extending microeconomic cooperation schemes, related to the innovation economy.
China S Belt And Road Initiative The Eurasian Landbridge And The New Mega Regionalism
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Author : Richard Pomfret
language : en
Publisher: World Scientific
Release Date : 2019-11-05
China S Belt And Road Initiative The Eurasian Landbridge And The New Mega Regionalism written by Richard Pomfret and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-05 with Political Science categories.
This contribution to the World Scientific series on the Belt and Road Initiative focuses on the overland connections west from China, the Silk Road Economic Belt component of the BRI. It emphasizes the economic underpinning of the Belt in the market-driven creation of the Eurasian Landbridge and the linking of regional value chains. A fundamental economic driver behind this is the twenty-first century evolution of international value chains, in which China plays a major role, and their transformation by new trade technologies. Finer fragmentation of production and wider scanning for participants in value chains underlie the need for common, preferably global, regulation of new trade technologies and the emergence of mega-regional trade agreements (and China's response to such agreements).Thus, the Eurasian part of the Belt and Road Initiative must be seen in conjunction with China's growing role in the twenty-first-century global economy. Especially since the 2016 US presidential election, these connections have become entwined with China's reactions to criticisms of the Belt and Road Initiative and China's recognition of the benefits of more nuanced economic diplomacy to find common ground with other economic powers, notably the European Union and signatories of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.
China S Belt And Road Initiative And Rmb Internationalization
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Author : Gang Meng
language : en
Publisher: World Scientific
Release Date : 2019-10-30
China S Belt And Road Initiative And Rmb Internationalization written by Gang Meng and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-10-30 with Business & Economics categories.
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.
The New Silk Road And The Innovation Economy In China
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Author : Jon-Arild Johannessen
language : en
Publisher: Taylor & Francis
Release Date : 2023-02-28
The New Silk Road And The Innovation Economy In China written by Jon-Arild Johannessen and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-02-28 with Business & Economics categories.
This book provides deep insight into the emergent Chinese innovation economy, as we head towards the Fourth Industrial Revolution. It describes, discusses and analyzes the period from China’s opening up to foreign investment in the 1980s until the New Silk Road project, from 2013 onwards. The developments are assessed from a systemic thinking and evolutionary economic standpoint. The book presents the latest research findings on the direction and achievements of the Belt and Road Initiative, and the results both for China, the countries along the new Silk Road, as well as for Europe and the United States are brought to light. The author asserts that the phenomenon of the New Silk Road as an innovation generator can be understood and explained through the effects of various social mechanisms. He labels these five social mechanisms as: the locomotive force; the explosive force of the butterfly effect; the force of co-creation; the force of expectation; and the force of competence. The book presents 20 cases to substantiate the descriptions, analysis, theoretical reflections and the practical utility of the questions examined in each chapter. It utilizes economic history research methods, scenario thinking, futures research and conceptual generalization to offer different views on the research problem under investigation. Further, the book offers policy suggestions, which include promoting effective macroeconomic policies, and extending microeconomic cooperation schemes, related to the innovation economy. The book will appeal to academics, researchers and graduate students concerned with Chinese economic expansion, Chinese foreign policy and US- and Europe-China relations, as well as policymakers and political advisors.
Belt And Road Initiative The Asean Countries Perspectives
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Author : Yue Yang
language : en
Publisher: World Scientific
Release Date : 2019-07-11
Belt And Road Initiative The Asean Countries Perspectives written by Yue Yang and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-11 with Political Science categories.
ASEAN countries play a crucial role in the Belt and Road Initiative (BRI) that was initiated in 2013. A number of priority BRI projects have since been implemented. The implementation of BRI brings new opportunities and challenges to countries in the region, and also to regional integration.In this book, researchers from universities and think-tanks in ASEAN countries study the BRI from the perspective of regional studies. It presents an analysis of responses on BRI of the government and people from individual ASEAN members.The book addresses three areas: First, the strengths and weaknesses of ASEAN countries, and the opportunities and challenges for them in implementing the BRI (a SWOT analysis); second, the impacts of BRI on building the ASEAN community; and third, interactions between BRI and ASEAN-China cooperation.
Routledge Handbook On China Middle East Relations
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Author : Jonathan Fulton
language : en
Publisher: Routledge
Release Date : 2021-12-27
Routledge Handbook On China Middle East Relations written by Jonathan Fulton and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-12-27 with Political Science categories.
This handbook brings together a mix of established and emerging international scholars to provide valuable analytical insights into how China’s growing Middle East presence affects intra-regional development, trade, security, and diplomacy. As the largest extra-regional economic actor in the Middle East, China is the biggest source of foreign direct investment into the region and the largest trading partner for most Middle Eastern states. This portends a larger role in political and security affairs, as the value of Chinese assets combined with a growing expatriate population in the region demands a more proactive role in contributing to regional order. Exploring the effect of these developments, the expert contributors also consider the reverberations in great power politics, as the United States, Russia, India, Japan, and the European Union also have considerable interests in the region. The book is divided into four sections: • Historical and policy context • State and regional case studies • Trade and development • International relations, security, and diplomacy. This volume is an essential reference for scholars and policy-makers in the fields of international relations, political sociology, international political economy, and foreign policy analysis. Area studies specialists in Middle Eastern Studies, China Studies, and East Asian Studies will also find it an invaluable resource.
Where Great Powers Meet
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Author : David Shambaugh
language : en
Publisher: Oxford University Press
Release Date : 2020-11-01
Where Great Powers Meet written by David Shambaugh and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-01 with Political Science categories.
After the end of the Cold War, it seemed as if Southeast Asia would remain a geopolitically stable region within the American-led order for the foreseeable future. In the last two decades, however, the re-emergence of China as a major great power has called into question the geopolitical future of the region and raised the specter of renewed great power competition. As the eminent China scholar David Shambaugh explains in Where Great Powers Meet, the United States and China are engaged in a broad-gauged and global competition for power. While this competition ranges across the entire world, it is centered in Asia. In this book, Shambaugh focuses on the critical sub-region of Southeast Asia. The United States and China constantly vie for position and influence across this enormously significant area--and the outcome of this contest will do much to determine whether Asia leaves the American orbit after seven decades and falls into a new Chinese sphere of influence. Just as importantly, to the extent that there is a global "power transition" occurring from the US to China, the fate of Southeast Asia will be a good indicator. Presently, both powers bring important assets to bear in their competition. The United States continues to possess a depth and breadth of security ties, soft power, and direct investment across the region that empirically outweigh China's. For its part, China has more diplomatic influence, much greater trade, and geographic proximity. In assessing the likelihood of a regional power transition, Shambaugh examines how ASEAN (the Association of Southeast Asian Nations) and its member states maneuver and the degree to which they align with one or the other power.
The Geopolitics Of China S Belt And Road Initiative
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Author : Theodor Tudoroiu
language : en
Publisher: Taylor & Francis
Release Date : 2023-11-30
The Geopolitics Of China S Belt And Road Initiative written by Theodor Tudoroiu and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-11-30 with Political Science categories.
This book argues that China’s Belt and Road Initiative should be seen more as a geopolitical project and less as a global economic project, with China aiming to bring about a new Chinese-led international order. It contends that China’s international approach has two personas – an aggressive one, focusing on a nineteenth century-style territorial empire, which is applied to Taiwan and the seas adjacent to China; and a new-style persona, based on relationship building with the political elites of countries in the Global South, relying on large scale infrastructure projects to help secure the elites in power, a process often leading to lower democratic participation and weaker governance structures. It also shows how this relationship building with elites leads to an acceptance of Chinese norms and to changes in states’ geopolitical preferences and foreign policies to align them with China’s geopolitical interests, with states thereby joining China’s emerging international order. Overall, the book emphasizes that this new-style, non-territorial “empire” building based on relationships is a major new development in international relations, not fully recognized and accounted for by international relations experts and theorists.
21st Century Maritime Silk Road Initiative Aims And Objectives Implementation Strategies And Policy Recommendations
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Author : Jianglin Zhao
language : en
Publisher: World Scientific
Release Date : 2020-01-14
21st Century Maritime Silk Road Initiative Aims And Objectives Implementation Strategies And Policy Recommendations written by Jianglin Zhao and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-01-14 with Political Science categories.
The concept of a '21st-Century Maritime Silk Road' refers to the proposed modern-time version of the ancient Maritime Silk Road that connected China with the rest of Asia, and even parts of eastern Africa. It is a strategic initiative designed to increase investments in and foster collaboration among all countries along the ancient Silk Road. This volume, 21st-Century Maritime Silk Road Initiative: Aims and Objectives, Implementation Strategies and Policy Recommendations, presents the latest research findings on the directions and implementation methods related to the initiative, and contributors offer policy suggestions, include promoting effective macroeconomic policies, extending microeconomic cooperation schemes, removing trade barriers and facilitating financial integration, building infrastructures that can connect all subregions in Asia, and increasing people-to-people exchanges and industrial cooperation.