China-BRI, EU-Indo-Pacific cooperation and Asia

Abstract

The article discusses the increasing roles of Belt and Road Initiatives (BRI) and EU investment policies in Asia development. During the past decades, China has increased their positions of global investment with the strategic plan to facilitate regional and country development in Asia. EU also has a long history of assisting countries in Asia to achieve development. The EU and EU countries involved with investment and assistance projects in Asia countries to raise countries’ development levels. With the two sides of the world- China and EU, there are increasing cooperation under a global policy of BRI and the Indo-Pacific cooperation. However, there is also the concern of the worldwide influence from both China and the EU in Asia. The article thus argues that while there is a concern of global influence from investment under BRI policy and EU-Indo Pacific, there are opportunities to bridge those policies to facilitate the developments in Asia. The article points out some policy implications on global investments for sustainable development within BRI and Indo- Pacific cooperation.
 Received: 22 April 2022Accepted: 08 February 2023