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COVID-19 Pandemic and China's Belt and Road Initiative

Author

Listed:
  • Boris Aronovich Kheyfets

    (Financial University under the Government of the Russian Federation
    Institute of Economics, Russian Academy of Sciences)

Abstract

The article examines the impact of the COVID-19 pandemic on the implementation of China’s large-scale geo-economic project – the Belt and Road Initiative. In this regard, such negative aspects as weaker financial standing of its participants, higher debt burden, delay in completion, revision and even cancellation of individual contracts are considered. The changes in China’s policy, which should give a new impetus to the Belt and Road Initiative, are shown.

Suggested Citation

  • Boris Aronovich Kheyfets, 2020. "COVID-19 Pandemic and China's Belt and Road Initiative," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 10, pages 77-84, October.
    • Handle: RePEc:alq:rufejo:rfej_2020_10_77-84
    DOI: 10.24411/2072-8042-2020-10103
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