In 2013, China’s President Xi Jinping launched what is now known as the Belt and Road Initiative (BRI). Since then, the initiative has instilled apprehension, enthusiasm and uncertainty around the globe in equal measure. The Belt and Road Initiative: Opportunities and Challenges of a Chinese Economic Ambition strives to reflect upon and synthesize the challenges and opportunities faced by China and indeed the rest of the world pertaining to the implementation of such an ambitious project. It covers perspectives from regions both in and around Asia, as well as from Europe, the United States and Africa. In addition to this, the initiative is discussed through the lens of various disciplines such as geo-politics, marketing, currency, finance, leadership, negotiation, security and the digital component of the Silk Road. The resulting compilation provides for a thoroughly extensive and pluralistic examination of the BRI, lending the reader a peek into what the world may anticipate from China and this project in the years to come.
PART I: Why a Focus on the Belt and Road Initiative?
David De Cremer, Bruce McKern and Jack McGuire
An Academic Approach to the Belt and Road Initiative
PART II: On the Significance of the Belt and Road Initiative
The Belt and Road Initiative: Views from the Chinese Side and the European Side
Implementing the Belt and Road Initiative: Competing Priorities
PART III: Belt and Road Initiative at the Societal and Country Level
Steffi Weil and Dora Munteanu
The Belt and Road Initiative: A Pathway to World Leadership?
Bala Ramasamy, Matthew Yeung, Yann Duval and Chorthip Utoktham
Soft Infrastructures and the Belt and Road Initiative
The Belt and Road Initiative and Sino-Russo-Japanese Relations
China’s Infrastructure Investment in Africa
Chaowei Xiao and Chuchu Zhang
Urban Development along the Belt and Road: A Case Study of North Africa
Gokhan Bitmis and Jack McGuire
Developing Effective Cross-cultural Negotiations: The Case of the ‘Belt and Road Initiative’ for Turkey and China
China on the Arabian Sea: A Risk Assessment
PART IV: Managing the Business Dynamics of the Belt and Road Initiative
Peter J. Williamson
Realizing the Potential of the Belt and Road Initiative: What Role for M&A?
Globalizing Innovation Ecosystem, Entrepreneurs and the Digital Silk Road
Chuchu Zhang and Chaowei Xiao
‘One Belt, One Road”’ Risk Assessment and Chinese Investment
Yimin Zhang and Qinli Zhu
RMB Internationalization in Relation to the Belt and Road Initiative
David De Cremer
On the Leadership Challenges for China in the Belt and Road Initiative
How Will the Belt and Road Initiative Be Financed?
Promoting the Belt and Road Initiative: A Strategic Marketing Approach
Central Asia and the Belt and Road Initiative