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This book views the Belt and Road Initiative (BRI), a bold and all-encompassing 21st century global effort by China, with unprecedented perspectives. The BRI could be summarised as a 'revitalization' of China's ancient land-based and maritime silk roads, but it should be noted that its impact on China and the world stands on the foundation of omnipresent economics and how China transforms its mindset in the 21st century.Though initiated by China, the BRI's implementation has been a many-to-many effort from the start. This multi-regional and multi-national effort is distinctly different from the one-to-many effort of the Marshall Plan. The two meaning-defining chapters of this book, 'Omnipresent Economics: The Belt and Road Initiative Underpinning' and 'Supercontinent, Neo-Renaissance and Cultural Communications: The Millennium Mindset Transformations Induced by the Belt and Road Initiative', have made it abundantly clear that the BRI discussions presented are unique.The discussions of this book could shed new light on the BRI, a long-term and profound initiative by China, which in today's global discussions and debates, are entirely confined to geopolitical and economics arenas.
This book assesses the political, economic and geopolitical dynamics that China’s presence has initiated throughout Latin America and the Caribbean between 2008 and 2020. Written by experts across three continents, contributions to this edited volume explore the bilateral relations that China has developed with almost all Latin American and Caribbean countries, charting both the benefits they have brought and the problems that these relations have created for local actors. The book analyses the emergence of new forms of "dependence", considers issues such as the existence of a deindustrialization phenomenon throughout Latin America and ultimately questions whether China and the United States are engaged in a zero-sum game in the region. It also investigates challenges that the densification of the web of China’s relations and exchanges with Latin America and the Caribbean countries pose; not only to the United States and European countries, as traditional partners of these states, but also to Latin American regionalism. Including an extensive set of case studies and local, regional and global-level analysis, China-Latin America and the Caribbean provides an empirically rich resource for students and scholars of Chinese foreign and economic policy, Latin America, the Caribbean and wider geopolitics.
Officially announced by Xi Jinping in 2013, the Belt and Road Initiative (BRI) has since become the centrepiece of China’s economic diplomacy. It is a commitment to ease bottlenecks to Eurasian trade by improving and building networks of connectivity across Central and Western Asia, where the BRI aims to act as a bond for the projects of regional cooperation and integration already in progress in Southern Asia. But it also reaches out to the Middle East as well as East and North Africa, a truly strategic area where the Belt joins the Road. Europe, the end-point of the New Silk Roads, both by land and by sea, is the ultimate geographic destination and political partner in the BRI. This report provides an in-depth analysis of the BRI, its logic, rationale and implications for international economic and political relations.
Traces the history of the Marshall Plan and the efforts to reconstruct western Europe as a bulwark against communist authoritarianism during a two-year period that saw the collapse of postwar U.S.-Soviet relations and the beginning of the Cold War.
This book examines the evolution and major elements of China’s Belt-and-Road Initiative (BRI), a trillion-dollar project for the revival and refinement of ancient terrestrial and maritime trade routes. The author analyses the foreign policy and economic strategy behind the initiative as well as the geoeconomic and geopolitical impact on the region. Furthermore, he assesses whether the BRI has to be considered as a challenge to the US-led order, leading to a Sinocentric order in the 21st century. Offering two case studies on the China-Pakistan Economic Corridor (CPEC) and the 21st Century Maritime Silk Road (MSR), the book reveals the drivers motivating China and its partners in executing BRI projects, such as security of commodity-shipments, energy supplies, and explores trade volumes as well as the anxiety these trigger among critics. The book juxtaposes these to non-Chinese, specifically multilateral institutional and Western corporate, inputs into Beijing’s developmental planning-processes. It also identifies the role of combined Chinese-foreign stimuli in generating the policy priorities precipitating the BRI vision, and the geoeconomic essence of BRI’s implementation.
One of Chinese president Xi Jinping's signature foreign policy programs is the Belt and Road Initiative (BRI), a web of infrastructure development plans designed to increase Eurasian economic integration. Chinese official rhetoric on the BRI focuses on its economic promise and progress, often in altruistic terms: all countries have been invited to board this "express train" to wealth and prosperity. Missing from the rhetoric is much discussion of the initiative's security dimensions and implications. Chinese officials avoid describing the strategic benefits they think the BRI could produce, while also gliding over major security risks and concerns. Yet at the unofficial level, China's security community has paid close attention to these issues, probing in great depth the gains Beijing can expect, the challenges it will face, and the new demands it will have to satisfy. Understanding those Chinese assessments is helpful as the United States considers how, when, and in what capacity to engage the BRI.
An Economist Best Book of 2018 New York Times Book Review Editor’s Pick “Gripping [and] splendid.… An enormous contribution to our understanding of Marshall.”—Washington Post At the end of World War II, General George Marshall took on what he thought was a final mission—this time not to win a war, but to stop one. In China, conflict between Communists and Nationalists threatened to suck in the United States and escalate into revolution. Marshall’s charge was to cross the Pacific, broker a peace, and prevent a Communist takeover, all while staving off World War III. At first, the results seemed miraculous. But as they started to come apart, Marshall was faced with a wrenching choice—one that would alter the course of the Cold War, define the US-China relationship, and spark one of the darkest-ever turns in American political life. The China Mission offers a gripping, close-up view of the central figures of the time—from Marshall, Mao, and Chiang Kai-shek to Eisenhower, Truman, and MacArthur—as they stood face-to-face and struggled to make history, with consequences and lessons that echo today.
What does the biggest geopolitical project of our time tell us about China's global ambitions?
The story of the world's most audacious infrastructure project. Less than a decade ago, China did not have a single high-speed train in service. Today, it owns a network of 14,000 miles of high-speed rail, far more than the rest of the world combined. Now, China is pushing its tracks into Southeast Asia, reviving a century-old colonial fantasy of an imperial railroad stretching to Singapore; and kicking off a key piece of the One Belt One Road initiative, which has a price tag of $1 trillion and, reaches inside the borders of more than 60 countries. The Pan-Asia Railway portion of One Belt One Road could transform Southeast Asia, bringing shiny Chinese cities, entire economies, and waves of migrants where none existed before. But if it doesn't succeed, that would be a cautionary tale about whether a new superpower, with levels of global authority unimaginable just a decade ago, can pull entire regions into its orbit simply with tracks, sweat, and lots of money. Journalist Will Doig traveled to Laos, Thailand, Malaysia, and Singapore tochronicle the dramatic transformations taking place -- and to find out whether ordinary people have a voice in this moment of economic, political, and cultural collision.
Silk Road was once the most important economic-cultural tie connecting the Eurasian countries before the rise of the West. In September 2013, Chinese President Xi Jinping put forward the initiative to jointly build the Silk Road Economic Belt and 21st-Century Maritime Silk Road, which is abbreviated as the Belt and Road Initiative (BRI). This book analyzes the BRI through the approach of political economy and establishes the analytic framework of BRI from historical and comparative perspectives. It clearly displays the strategic considerations, future vision, constructing framework, governmental actions, latest achievements, multiple opportunities and potential risks of BRI.As China's grand national development strategy and international cooperation initiative, the BRI will largely shape China's domestic and foreign policies in the Xi Jinping era. The book is the first academic monograph on the BRI and it enables readers to comprehensively understand this initiative and its implications to China, Eurasia and the world.