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Full Description
China faces significant hurdles in implementing its Belt and Road Initiative. Since its launch a decade ago, the BRI has become a crucial component of Chinese external economic relations. It has the potential to alter the economic and political landscape of Asia but also Europe. As such, the Belt and Road initiative have placed China at the heart of geopolitics in the Eurasian region but also globally. Therefore, China faces significant hurdles in implementing these initiatives, with many countries and organizations around the world becoming increasingly weary of China's BRI and geopolitical strategy.
This book examines these issues of the BRI and analyzes the impact of the BRI on Chinese involvement in Asia and Europe. It sheds light on the strategic responses of host country governments and regional economic organizations, as well as the reactions of Chinese and other multinational companies, and ultimately the Chinese government. This book will appeal to scholars, researchers and practitioners of International Business and Policy, particularly those interested in the BRI and China's geo-economic influence.
The chapters in this book were originally published as a special issue of Asia Pacific Business Review.
Contents
Introduction - The Chinese Belt and Road Initiative: strategic responses of governments and multinational companies 1. The impact of contextual distance on the investment locations of Chinese multinationals in countries along the Belt and Road Initiative 2. Chinese institutions and international expansion within the Belt and Road Initiative: firm capabilities of Chinese companies in the European Union 3. Motives behind Sino-Japanese strategic alliances in the new energy vehicles sector in the age of the Belt and Road Initiative 4. 'Truly a European company': a Chinese auto maker's strategies of Europeanization 5. Will COVID-19 bury dreams of some overland routes of the Chinese Belt and Road Initiative? 6. Fighting monopolies: the Chinese Belt and Road Initiative, India, and the competition for the marketplace of international development 7. Strategic priorities for regional power connectivity in Asia in the overlapping of subregional initiatives and China's global energy interconnection 8. Strategic responses of regional economic organizations to the Chinese Belt and Road Initiative: the cases of ASEAN, EAEU, and EU
