Forged in Crises

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Forged in Crises

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  • Research Article
  • Cite Count Icon 11
  • 10.1093/cjcl/cxaa006
Rule-Making, Rule-Taking or Rule-Rejecting under the Belt and Road Initiative: A Central Asian Perspective
  • May 21, 2020
  • The Chinese Journal of Comparative Law
  • Roza Nurgozhayeva

Since the Belt and Road Initiative (BRI) was announced in 2013, China’s expanding economic, geopolitical, and business presence demonstrates its eagerness to play a more significant role in the systems of international governance and law. The BRI’s scale and influence have captured immense attention among politicians, policymakers, experts, and academics. They offer numerous interpretations of the BRI’s global and regional impact. If China claims to be a stakeholder in the international system, what are the implications for the legal systems of the BRI countries and their governance systems? To what extent does the BRI lead to the expansion of China’s institutions and legal norms? How can the BRI countries ensure that their interests in BRI projects are adequately protected? This article analyses the Central Asian perspective on the BRI. Central Asia and Kazakhstan, in particular, have strategic relevance to the BRI. Remarkably, the BRI was launched during the visit of President Xi Jinping to Kazakhstan, which means that Kazakhstan plays a critical transit role as China’s pivot to Europe. Although the BRI is an ambitious global strategy, it has provoked much criticism, especially in liberal countries. Despite China’s efforts to promote the BRI as a win–win endeavour, China’s increased economic and political influence has already led to heightened scrutiny of its role in shaping ideology, economic development, and the legal and institutional landscapes. While many academic publications address different perspectives of the BRI, the context behind BRI projects requires further attention. This article contributes to the literature by studying BRI projects in Kazakhstan and their legal framework and governance.

  • Research Article
  • 10.63878/cjssr.v3i2.1574
Challenging the Liberal Order: A Neo-Realist Analysis of China’s Belt & Road Initiative and U.S. Strategic Counter-Initiatives
  • Dec 1, 2025
  • Contemporary Journal of Social Science Review
  • Mr Muneeb Aurangzeb + 4 more

In this chapter, the discussion of China's Belt and Road Initiative (BRI), has extraordinarily influenced US global hegemony. By putting resources into framework projects and advancing networks between countries, China desires to build its financial and international power through the Belt and Road Initiative (BRI). The objective of this chapter is to analyze how China's Belt and Road Initiative (BRI) is presenting serious difficulties to the customary international and financial aims of the US global hegemony. In any case, the US and its partners have eyes on China’s Belt and Road Initiative (BRI) and its influences on the world economy cautiously. While certain countries see the Belt and Road Initiative (BRI) as an opportunity to acquire a better network and add to China’s monetary extension, others have voiced stresses over China's aspirations and the conceivable political influence that could accompany its monetary responsibilities. The US has moved toward the BRI, coordinated effort and rivalry. From one viewpoint, the US recognizes the worth of foundation spending in encouraging turn of events and financial development. They also perceive the likely benefits of improved trade and availability that the Belt and Road Initiative (BRI) can give part countries. Accordingly, the US has tried to cooperate with China and participate in BRI (Kim, 2019). In addition, the US has done whatever it takes to protect its own monetary advantages and public security considering China's extending influence. They have passionately inspected the BRI tasks' terms and conditions, focusing on the worth of receptiveness, maintainability, and fair rivalry. The US has worked to foster elective systems and principles that help great foundations venture and dare steady with their standards through programs like the Blue Dot Network. In this chapter, Neo-Realism theory and a subjective information approach in this part. Utilizing the Neo-Realism theory to offer clarifications, this approach empowers us to look at and decipher qualitative data like reports and observations. The US has presented the Form Act and the Infrastructure Transaction and Assistance Network (ITAN) to back foundation projects in the Indo-Pacific region. This part will inspect and discuss how US approaches toward China's Belt and Road Initiative (BRI) consolidate wariness, participation, and intensity. While recognizing the potential benefits of expanded network and framework speculation, the US likewise attempts to shield its interests and goals while being careful about China's aims. As the BRI pushes ahead and China's influence in the worldwide field develops, so too will the influence of this venture on US plans.

  • Research Article
  • Cite Count Icon 3
  • 10.1111/pafo.12197
The Determinants of States' Interactions with China in the Belt and Road Initiative (BRI): Spatial Gravity Interaction
  • Dec 1, 2021
  • Pacific Focus
  • Lina Liu + 1 more

The Belt and Road Initiative (BRI) is a far‐reaching initiative of China's active engagement in global affairs and is seen to determine the future fate of Eurasia. Previous studies about states' interactions with China in the BRI either give suggestions on further actions or selectively depict how participants interact with China in a non‐comparative way. With the BRI event data collected that covers multiple modes of BRI interactions, this paper takes the initiative to explore the determinants of states' interactions with China in the BRI. With the spatial gravity model, this paper finds that economic size, market quality, geographic proximity, and political and economic amity are closely associated with states' interactions with China in the BRI, which further contributes to the broad literature of the application of the gravity model as well as the interaction of states with China under the new era of China's more active, confidential, and assertive foreign policy.

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  • Research Article
  • Cite Count Icon 2
  • 10.17762/pae.v58i1.1488
China’s BRI: Regional Prospects and Implications
  • Jan 15, 2021
  • Psychology and Education Journal
  • Dr Iram Khalid, Dr Muhammad Iqabl Chawla

Belt and Road Initiative (BRI) by China has emerged as one of the most important factors in the upcoming global politics. This plan can impact both regional and global politics. There are multidimensional and multifaceted repercussions of BRI for the international global politics. This paper describes the details of BRI, the micro-plans which are being planned under this program. Then, it enlists the economic and international politics benefits which China would gain from this plan. After that, this paper enumerates the possible benefits of BRI for the regional countries like Pakistan. In addition to that, this paper also highlights the possible global and regional challenges which China might face while completing and getting benefits out of this plan. After conducting a critical analysis of BRI’s trajectory, its possible global and regional repercussions for the emerging international politics, its benefits for China and the possible challenges this paper concludes that no matter how beneficial this plan can be for Chinese global economic position there are multiple challenges which China will have to tackle with. Otherwise, BRI can lose its potential economic and global benefits both in the region and in the larger world politics.

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  • Research Article
  • Cite Count Icon 3
  • 10.30574/msarr.2024.10.1.0152
China’s Belt and Road Initiative (BRI) and its role in developing Africa’s economies. Case study: Kenya’s Standard Gauge Railway (SGR), Kenya
  • Jan 30, 2024
  • Magna Scientia Advanced Research and Reviews
  • Ali Keya Anami

The main purpose of this paper is to study the potential economic benefits of China’s Belt and Road Initiative (BRI) to Africa’s economies with case study of Standard Gauge Railway (SGR) project in Kenya. China has become an important factor in African development. Through the Belt and Road Initiative (BRI), it is reorganizing the geographical and political space in the Africa, first, by heavily investing in regional connectivity projects, and second, by promoting alternative ideas and concepts of development favourable to a Chinese-centric order in the region. The paper also argues that the BRI is actively shaping a new spatial order in Africa by influencing key stakeholders’ perspectives and preferences. China’s particular visions of global and regional development through the BRI are gaining traction in Africa, making it an indispensable actor with considerable political and economic influence – and thereby challenging the role of traditional development partners in the global south region. China’s engagement with Kenya is a good example of how Beijing approaches economic diplomacy in Africa. Moreover, it’s a revealing case study of how BRI works on the continent. Kenya needs better infrastructure to meet its development needs, and China has been willing to help. The project to upgrade the Standard Gauge Railway (SGR) is China’s flagship investment project in Kenya. The SGR connects Mombasa, the largest port city in Kenya, to its capital, Nairobi. The Export-Import Bank of China financed 90 percent of the SGR project, while the Kenyan Government contributed the other 10 percent. The China Road and Bridge Corporation led the SGR installation process. This was supposed to signal a contribution to Kenya’s developmental goals and directly spur growth in the construction sector. The Standard Gauge Railway (SGR) is a mega project that the Kenyan Government has invested in after freedom from the colonial rule. The SGR created around 30,000 new jobs for locals and, in the first year, transported 5.4 million passengers and 1.3 million twenty-foot equivalent units (known as TEUs) of shipments across Kenya. If this performance had continued African exports would have increased significantly. The chief economist in the State Department of Infrastructure in the Kenyan Ministry of Transportation and Infrastructure claimed that the SGR would increase trade and investment and further employment opportunities to enhance the people’s livelihoods in the East African Community. The paper will analyze how the BRI through SGR has enhanced economy and trade for Africa with a case study of Kenya, how the SGR has reduced unemployment, how the SGR has enhanced both the social aspects and environmental conservation in Kenya. This paper will also reveal that the Standard Gauge Railway (SGR) and BRI have massive economic value to Africa and beyond and are crucial to development. The study recommends the completion of the remaining SGR phases in Kenya in the projected time frame for the railway industry to play a positive role in national and continental development.

  • Research Article
  • Cite Count Icon 8
  • 10.1007/s11356-022-22141-6
Research on the impact of the Belt and Road Initiative on the sustainability of the resource-based economy of participating countries.
  • Jul 26, 2022
  • Environmental Science and Pollution Research
  • Zhihua Chen + 1 more

As of December 2021, China has signed more than 200 cooperation documents on the Belt and Road Initiative (BRI) with 145 countries and 32 international organizations. The Belt and Road Initiative has exerted a considerable influence on the world. This research aims to explore the impact of the Belt and Road Initiative on the sustainable development of the resource-based economy of countries participating in the Belt and Road Initiative. Based on the panel data of 130 countries participating in the Belt and Road Initiative and 46 other countries from 2006 to 2019, the difference-in-difference (DID) model was used for empirical evaluation. After multiple robustness tests, the Belt and Road Initiative was found to negatively correlate with the economic dependence on the natural resources of BRI-participating countries, promoting sustainable economic growth. The heterogeneity test results show that BRI participating countries with low income and lower-middle income benefit more than countries with high income and higher-middle income. In comparison, the degree of impact has little correlation with whether they are countries along the Belt and Road. The results of the intermediary effect test show that the level of infrastructure, industrial upgrading, and technological progress has played an essential role in the process of BRI's influence on reducing natural resource dependence to promote the sustainable development of BRI participating countries.

  • Research Article
  • Cite Count Icon 21
  • 10.3390/su151612334
Belt and Road Initiative in Developing Countries: Lessons from Five Selected Countries in Africa
  • Aug 14, 2023
  • Sustainability
  • Robert Agwot Komakech + 1 more

The Belt and Road Initiative (BRI) has become a household name for developing countries, especially in Africa. The BRI proposal by Chinese President Xi Jinping was positively received by many countries, including policymakers in China. In response, the Chinese Government committed to investing USD 1 trillion over ten years from 2013 to 2023. As a result, 152 countries signed a cooperation agreement with China to work under the BRI framework. The BRI has played a vital role in addressing the global infrastructures gap through the construction of modern highways, airports, high-speed railways, bridges, power generation (hydropower), and industrial parks. As a result, this has enhanced connectivity and economic growth between Asia, Europe, and Africa. Despite the BRI’s significant role in strengthening trade, infrastructure and investment links between China and other countries, there is limited literature on specific countries’ experience with the initiative. This study, therefore, will advance our understanding of the BRI, especially on the conceptualization of the term; comparative analysis of Africa–China relationships before and after the BRI; the benefits in relation to the “Five Connectivities” and the challenges the BRI is facing in Africa. The article is based on a literature review and case study as research methodologies mainly used the Policies, Projects, Initiatives, and Strategies (PPIS) as a data source. The study focuses on five African countries; Uganda, Kenya, Egypt, Djibouti, and Mozambique. These countries were selected purposefully for analysis because of their experience, long-term relationships with China, and strategic locations. The findings revealed that the BRI lacked a clear description and that it was difficult to distinguish between BRI projects and other regular economic or diplomatic relations. The study also identified four differences between Africa–China relationships before and after the BRI. Furthermore, the findings revealed that the BRI has positively contributed to all five connectivity pillars. However, the major challenges reported concerning the initiative from the various countries were: procurement corruption, low/lack of involvement of stakeholders, high compensation prices, labor violations, increasing debts, and environmental hazards. In conclusion, while the BRI has brought about significant infrastructure development and economic benefits, the project has also experienced some challenges. This study, therefore, contributes to the body of knowledge on China’s Belt and Road Initiative and its impact on African countries, specifically in Uganda, Kenya, Djibouti, Mozambique, and Egypt. The paper then provides conclusions and policy implications as well as future research opportunities in the current body of the literature.

  • Research Article
  • 10.52123/1994-2370-2024-1231
AFGHANISTAN'S POLITICAL CHANGE AND THE BELT AND ROAD INITIATIVE: AN OVERVIEW OF THE SITUATION
  • Sep 30, 2024
  • Public Administration and Civil Service
  • Srikanth Kondapalli + 3 more

This article explores the intricate relationship between Afghanistan's evolving political landscape and the ambitious Belt and Road Initiative (BRI). Situated at the crossroads of geopolitical complexities, Afghanistan has undergone enduring political transformations, prompting a critical review of its international role. As the nation grapples with transformative political journeys, this study scrutinizes the interplay between internal changes and the broader goals of the BRI. Initiated by China, the BRI represents an unprecedented effort in global connectivity and economic cooperation. The article outlines the dynamics of Afghanistan's political scenario and its potential impact on the BRI, revealing the complex relationship between political changes and the future trajectory of this ambitious initiative within Afghanistan's borders. Central to this exploration is the Belt and Road Initiative, a historic initiative spanning continents with the aim to reshape global trade patterns and strengthen economic cooperation. Originating from China, the BRI vision goes beyond infrastructure development, encompassing diplomatic, economic, and cultural dimensions. Understanding the goals and mechanisms of the BRI is fundamental to assessing how Afghanistan's political transformation might align with this transformative initiative. This article aims to dissect the point where Afghanistan's political trajectory converges with the aspirations of the BRI. By detailing the complex interplay between these two dynamic forces, the study explores synergies, conflicts, and potential implications for Afghanistan's geopolitical position and the broader goals of the BRI. As a scholarly endeavor, it contributes nuanced insights to the ongoing discourse on global politics, international cooperation, and the transformative potential of large-scale infrastructure projects in regions undergoing significant political change. Keywords: Afghanistan, Political Change, Belt and Road Initiative, Geopolitics, Infrastructure Development, Economic Dynamics, Regional Cooperation.

  • Research Article
  • 10.52123/1994-2370-2024-1283
РОЛЬ И МЕСТО ЖЕНЩИН ЭТНИЧЕСКИХ СООБЩЕСТВ В КОНСТРУИРОВАНИИ ИДЕНТИЧНОСТИ В КАЗАХСТАНЕ
  • Sep 30, 2024
  • Public Administration and Civil Service
  • Aigul Sadvokassova + 3 more

This article explores the intricate relationship between Afghanistan's evolving political landscape and the ambitious Belt and Road Initiative (BRI). Situated at the crossroads of geopolitical complexities, Afghanistan has undergone enduring political transformations, prompting a critical review of its international role. As the nation grapples with transformative political journeys, this study scrutinizes the interplay between internal changes and the broader goals of the BRI. Initiated by China, the BRI represents an unprecedented effort in global connectivity and economic cooperation. The article outlines the dynamics of Afghanistan's political scenario and its potential impact on the BRI, revealing the complex relationship between political changes and the future trajectory of this ambitious initiative within Afghanistan's borders. Central to this exploration is the Belt and Road Initiative, a historic initiative spanning continents with the aim to reshape global trade patterns and strengthen economic cooperation. Originating from China, the BRI vision goes beyond infrastructure development, encompassing diplomatic, economic, and cultural dimensions. Understanding the goals and mechanisms of the BRI is fundamental to assessing how Afghanistan's political transformation might align with this transformative initiative. This article aims to dissect the point where Afghanistan's political trajectory converges with the aspirations of the BRI. By detailing the complex interplay between these two dynamic forces, the study explores synergies, conflicts, and potential implications for Afghanistan's geopolitical position and the broader goals of the BRI. As a scholarly endeavor, it contributes nuanced insights to the ongoing discourse on global politics, international cooperation, and the transformative potential of large-scale infrastructure projects in regions undergoing significant political change. Keywords: Afghanistan, Political Change, Belt and Road Initiative, Geopolitics, Infrastructure Development, Economic Dynamics, Regional Cooperation.

  • Research Article
  • 10.52123/1994-2370-2024-1238
АНАЛИЗ ПОЛИТИК ВЗАИМОДЕЙСТВИЯ С ДИАСПОРОЙ ЗА РУБЕЖОМ: ОПЫТ ДЛЯ КАЗАХСТАНА
  • Sep 30, 2024
  • Public Administration and Civil Service
  • Kuralay Nurbek + 1 more

Abstract. This article explores the intricate relationship between Afghanistan's evolving political landscape and the ambitious Belt and Road Initiative (BRI). Situated at the crossroads of geopolitical complexities, Afghanistan has undergone enduring political transformations, prompting a critical review of its international role. As the nation grapples with transformative political journeys, this study scrutinizes the interplay between internal changes and the broader goals of the BRI. Initiated by China, the BRI represents an unprecedented effort in global connectivity and economic cooperation. The article outlines the dynamics of Afghanistan's political scenario and its potential impact on the BRI, revealing the complex relationship between political changes and the future trajectory of this ambitious initiative within Afghanistan's borders. Central to this exploration is the Belt and Road Initiative, a historic initiative spanning continents with the aim to reshape global trade patterns and strengthen economic cooperation. Originating from China, the BRI vision goes beyond infrastructure development, encompassing diplomatic, economic, and cultural dimensions. Understanding the goals and mechanisms of the BRI is fundamental to assessing how Afghanistan's political transformation might align with this transformative initiative. This article aims to dissect the point where Afghanistan's political trajectory converges with the aspirations of the BRI. By detailing the complex interplay between these two dynamic forces, the study explores synergies, conflicts, and potential implications for Afghanistan's geopolitical position and the broader goals of the BRI. As a scholarly endeavor, it contributes nuanced insights to the ongoing discourse on global politics, international cooperation, and the transformative potential of large-scale infrastructure projects in regions undergoing significant political change. Keywords: Afghanistan, Political Change, Belt and Road Initiative, Geopolitics, Infrastructure Development, Economic Dynamics, Regional Cooperation.

  • Research Article
  • 10.15804/so2023101
Belt and Road Initiative in View of the Polish Press
  • Jan 1, 2023
  • Studia Orientalne
  • Jakub M Pawlik + 1 more

This study analysed how the Belt and Road Initiative (BRI) is presented in the Polish press through language use in media discourse based on Jef Verschueren’s Language Adaptation Theory and corpus analysis. Antconc software has been used to distinguish the frequency of lexemes and expressions. The complexity of the Polish language and contexts require manual verification of the results. The number of writings about Belt and Road projects is fairly small. The sample consists of 103 articles categorised into four groups: general press, political press, education institution press, and business press. Articles refer to the period of 2015–2019, as the recent three years of the COVID-19 and war in Ukraine took the press’ focus away from the BRI. Corpus analysis shows a positive approach to the Best and Road Initiative dominates all press groups. Most lexemes are equally dispersed among all press categories with a slight predominance of caution suggested by authors in education institution press. The hypothesis was further confirmed in the light of Verschueren’s Theory, where the study presents examples of press language as a dynamic process of mutual adaptation between linguistic structure and context, at different levels of salience.

  • Research Article
  • 10.14746/rpeis.2025.87.2.05
Dragon at the gates of Belmont: Obstacles to using Poland as a gateway for the rail component of the Belt and Road Initiative in light of geopolitical developments and shifting European Union policy towards China
  • Jun 30, 2025
  • Ruch Prawniczy, Ekonomiczny i Socjologiczny
  • Jakub Kociubiński + 1 more

An important element of the Belt and Road Initiative (BRI) involves the construction of rail links between China and the European Union (EU). Despite the geopolitical fallout from the ongoing war in Ukraine, the route through Russia, Belarus, and onward to Poland presently constitutes the only viable overland route from China to the EU. In this context, this paper aims to answer the question of whether such actions by Member States may constitute a breach of obligations arising from membership in the European Union, and consequently whether EU law may pose an obstacle to the development of individual trade relations with China by Member States outside the institutional and legal framework of the Union. In this study, on the one hand, programme documents and EU law relevant to the issue presented were analysed, and on the other hand, the geopolitical and operational considerations of rail links between the EU and China were examined. The authors, being aware of the politicization of the subject, concluded that EU State aid law instruments could successfully be used to block infrastructure investments designed to facilitate the reception of Chinese freight traffic if such an impulse were to arise at the political level.

  • Research Article
  • Cite Count Icon 34
  • 10.1353/asp.2017.0029
China's Belt and Road Initiative and Its Implications for Southeast Asia
  • Jul 1, 2017
  • Asia Policy
  • Hong Yu

China's Belt and Road Initiative and Its Implications for Southeast Asia Hong Yu (bio) During state visits to Kazakhstan and Indonesia in 2013, Xi Jinping announced the land-based Silk Road Economic Belt and the sea-based 21st Century Maritime Silk Road, respectively. Shortly after that, these two initiatives were combined to form one unified concept, known as the Belt and Road Initiative (BRI). This grand initiative, comprising various routes by sea and land, is intended to connect China with Southeast and South Asia, Central Asia, Pacific Oceania, Africa, and Europe. BRI is centered on both soft and hard infrastructure connectivity, aiming to forge an integrated and extensive network of regional infrastructure with China at its hub. BRI has gradually emerged as a top Chinese national strategy. Given China's emergence as a global power through industrial redeployment and outward investment, this initiative could reshape the geopolitical and geoeconomic landscape of Asia and beyond. BRI signals a shift in China's foreign policy and a departure from its long-held low-profile approach. Since Xi came to power in 2012, the Chinese government has adopted a far more proactive foreign policy stance, driven by global thinking.1 BRI serves as the key driver to advance China's interests overseas and demonstrates China's growing confidence and aspirations to be a rule-shaper in the economic governance of the region and beyond. Meanwhile, the demise of the Trans-Pacific Partnership (TPP), following the withdrawal of the United States, offers China further leeway to promote its New Silk Road agenda. The TPP's failure will increase the international momentum behind BRI to accelerate regional economic cooperation and integration through forging infrastructure, trade, and investment linkages. For the Southeast Asian countries, regional economic integration plays a very important role in mitigating external uncertainties and global economic vulnerabilities. The collapse of the TPP hit certain participating countries within Southeast Asia very hard, particularly Singapore. Being a tiny nation without an economic hinterland, Singapore has developed as the [End Page 117] most open and trade-dependent economy in the region. China's realization of BRI depends on the support and participation of other countries; in particular, the neighboring Southeast Asian countries are vital to the success of this grand initiative. The Southeast Asian countries, particularly developing countries like Indonesia and the Philippines, have largely welcomed BRI, which aims to promote close regional trade and investment linkage based on the improvement of interregional physical connectivity. Southeast Asia needs to focus consistently on constructing infrastructure in order to unleash the region's economic growth potential. The Southeast Asian countries consider that participating in BRI will help address their serious infrastructure deficits and accelerate industrial and economic growth. China has offered much-needed investment for connectivity-related infrastructure construction.2 This essay will first examine the opportunities for Southeast Asian countries to participate in BRI and then consider their perspectives on the challenges for the initiative. Opportunities for Southeast Asia Arising from BRI China's rise to become the world's second-largest economy and the largest trading nation has exerted a very powerful pull on the Southeast Asian economies. China has become the largest trading partner for all Southeast Asian countries except for the Philippines. The region, for its part, has benefited enormously from China's economic growth. It has taken advantage of the Sinocentric regional production network created since China's admission to the World Trade Organization in the early 2000s to export raw materials, intermediate goods, and mineral resources to China for final manufacturing into industrial goods before their export to the major consumption markets in the West. Setting aside for the moment the underlying geostrategic and geopolitical considerations, the potential benefits from BRI for Southeast Asia could be enormous. China has committed enormous financial resources to build a number of large-scale transportation projects aiming to improve interregional connectivity. For example, construction has already started on the Jakarta-Bandung high-speed railway in Indonesia and on a railway linking Mohan, on the Chinese border, with Vientiane, the capital of Laos. These two projects, both largely financed by Chinese banks and being [End Page 118] built by Chinese companies, mark Beijing's efforts to...

  • Research Article
  • 10.62635/p07j-e9mv
THE WIDER BLACK SEA REGION THROUGH THE LENS OF THE THREE ALTERNATIVE CONNECTIVITY INITIATIVES – The BRI, 3SI and Global Gateway
  • Apr 1, 2024
  • Diplomatic, Economic and Cultural Relations between China and Central and Eastern European countries
  • Yasen Georgiev + 1 more

The wider Black Sea region is increasingly coming into the spotlight against the backdrop of the war in Ukraine from early 2022. However, aside from the security angle, the region proves to be strategically placed in several connectivity initiatives such as the Belt and Road Initiative (BRI), the Three Seas Initiative (3SI), Global Gateway. In all of them the wider Black Sea region is seen as an opportunity for an enhanced infrastructure connectivity and/or a route for freight transportation. What is more, under the current circumstances, the Black Sea has a potential to compensate for bottlenecks in connectivity arising directly or indirectly from the present situation in countries such as Ukraine but also Russia and Belarus. However, the immediate Black Sea region as well as its wider area remain examined mainly within the scope of one of the above-mentioned connectivity initiatives. As a result, contemporary academic literature elaborates insufficiently on it in view of the variety of ongoing and – to a large extent – overlapping connectivity concepts between Europe and Asia.In order to address these shortages, the authors conduct a comparative overview of the Black Sea region’s current standing and significance for the three main connectivity initiatives. An analytical framework is proposed for assessing the competition vs. compatibility potential of the BRI, 3SI and Global Gateway with regard to the Black Sea region as a prospective tool for outlining future connectivity trends, challenges and opportunities for the countries of the region.

  • Research Article
  • Cite Count Icon 1
  • 10.34079/2226-2822-2023-13-26-22-30
ДИВЕРСИФІКАЦІЯ ІНВЕСТИЦІЙ КНР В ІНФРАСТРУКТУРУ В РАМКАХ ІНІЦІАТИВИ «ОДИН ПОЯС, ОДИН ШЛЯХ» В УМОВАХ ІДЕАЛЬНОГО ШТОРМУ
  • Jan 1, 2023
  • Vìsnik Marìupolʹsʹkogo deržavnogo unìversitetu Serìâ Ekonomìka
  • O Generalov

China's Belt and Road Initiative (BRI) is an important initiative to strengthen connectivity and promote economic growth in many countries. China's strategy to stimulate economic growth by diversifying infrastructure investment under the Belt and Road Initiative demonstrates its commitment to promoting connectivity and sustainable development on a global scale. Through a proactive diversification policy, China reduces risks and seizes opportunities, ensuring sustainability and stability in a minimal economic environment. By embracing digitalization and upgrading financial infrastructure, China is accelerating the pace of economic transactions, supporting innovation and promoting inclusive growth along all BRI routes. As China continues to define future global investments under the BRI, its strategic approach offers a model for accelerating economic growth and connectivity across broad territories and populations. This paper examines the methodology of China's strategy to stimulate economic growth through a variety of infrastructure investments under the Belt and Road Initiative (BRI). He emphasizes the importance of diversification, digitalization and development of financial infrastructure. China's Belt and Road Initiative (BRI) has attracted worldwide attention as one of the most ambitious infrastructure and economic development initiatives in modern history. Since its inception in 2013, the BRI has sought to revive old trade routes, enhance connectivity and develop economic cooperation in Asia, Europe and Africa.By embracing digital innovation and upgrading financial systems, China is expediting economic transactions, fostering innovation, and promoting inclusive growth along all BRI corridors. As China continues to shape the future trajectory of global investments through the BRI, its strategic blueprint serves as a model for accelerating economic growth and connectivity across vast regions and diverse populations. Through a comprehensive examination of China's approach, this paper contributes to a deeper understanding of the dynamics driving economic development and connectivity within the context of the Belt and Road Initiative. Keywords: diversification, Belt and Road initiative (BRI), digitalization, perfect storm, infrastructure, COVID-19, logistics, sustainable development.

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