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Chinese perspectives on the Belt and Road Initiative

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  • Michael Dunford
  • Weidong Liu

Abstract

China’s Belt and Road Initiative (BRI) is a call for an open and inclusive model of sustainable international economic, political and cultural cooperation and development under the guiding principles of the peaceful coexistence of sovereign states, achieved through multiple types of increased connectivity and financed by new multilateral financial instruments. This article outlines the evolution of the BRI, its relationship to changing conditions in China and the world, and the ideas and thinking that underly it as expressed in official documents and speeches by President Xi Jinping. The relationships between individual and collective interests, the Silk Road Spirit and Chinese concepts of harmony and “different but equal” in a Community of Shared Future and mutual benefit are examined, along with some of the political and economic challenges associated with the coexistence of competing values and social models.

Suggested Citation

  • Michael Dunford & Weidong Liu, 2019. "Chinese perspectives on the Belt and Road Initiative," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 12(1), pages 145-167.
    • Handle: RePEc:oup:cjrecs:v:12:y:2019:i:1:p:145-167.
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    File URL: http://hdl.handle.net/10.1093/cjres/rsy032
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    Citations

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    Cited by:

    1. Mostafa Emrul Wahid & Arifin Sultana & Aditi Chakrovorty, 2020. "Belt And Road Initiative Of China: Perspective Of Bangladesh," Noble International Journal of Social Sciences Research, Noble Academic Publsiher, vol. 5(6), pages 95-101, June.
    2. Mukunda Adhikari & Zhiguo Ma, 2022. "The Belt and Road Initiative as a Gateway to the Sea for Land-Locked Countries: With Reference to Nepal," SAGE Open, , vol. 12(1), pages 21582440221, March.
    3. Qinchang Gui & Chengliang Liu & DeBin Du, 2019. "The Structure and Dynamic of Scientific Collaboration Network among Countries along the Belt and Road," Sustainability, MDPI, vol. 11(19), pages 1-17, September.
    4. Schclarek, Alfredo & Xu, Jiajun & Amuchastegui, Pedro, 2022. "Panda bond financing of the Belt and Road Initiative: An analysis of monetary mechanisms and financial risks," Research in International Business and Finance, Elsevier, vol. 61(C).
    5. Xuliang Zhang & Xiaohui Hu & Wei Xu, 2020. "Spatio‐temporal dynamics of technical efficiency in China’s specialized markets: A stochastic frontier analysis approach," Growth and Change, Wiley Blackwell, vol. 51(3), pages 1182-1202, September.
    6. Liu, Zhigao & Schindler, Seth & Liu, Weidong, 2020. "Demystifying Chinese overseas investment in infrastructure: Port development, the Belt and Road Initiative and regional development," Journal of Transport Geography, Elsevier, vol. 87(C).
    7. Wang, Changjian & Miao, Zhuang & Chen, Xiaodong & Cheng, Yu, 2021. "Factors affecting changes of greenhouse gas emissions in Belt and Road countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 147(C).
    8. Alfredo Schclarek & Jiajun Xu, 2021. "Panda Bond Financing of the Belt & Road Initiative: An Analysis of Monetary Mechanisms and Financial Risks," Asociación Argentina de Economía Política: Working Papers 4519, Asociación Argentina de Economía Política.
    9. Nugent, Jeffrey B. & Lu, Jiaxuan, 2021. "China's outward foreign direct investment in the Belt and Road Initiative: What are the motives for Chinese firms to invest?," China Economic Review, Elsevier, vol. 68(C).
    10. Li Yuanyuan, 2023. "Impacts of the Belt and Road Initiative on regional outward FDI from China based on evidence from 2000 to 2015," ZFW – Advances in Economic Geography, De Gruyter, vol. 67(1), pages 20-32, May.
    11. Schulhof, Vera & van Vuuren, Detlef & Kirchherr, Julian, 2022. "The Belt and Road Initiative (BRI): What Will it Look Like in the Future?," Technological Forecasting and Social Change, Elsevier, vol. 175(C).
    12. Michael Dunford & Boyang Gao & Weidong Liu, 2021. "Geography and the theory of uneven and combined development: Theorizing uniqueness and the return of China," Environment and Planning A, , vol. 53(5), pages 890-916, August.
    13. Jeffrey B. Nugent & Jiaxuan Lu, 2020. "Does the All-China Federation of Industry and Commerce Align Private Firms with the Goals of the People's Republic of China's Belt and Road Initiative?," Asian Development Review, MIT Press, vol. 37(2), pages 45-76, September.
    14. Xiaoyao Yue & Suping Yang & Beibei Chen & Weichi Wanglee & Yan Ye, 2022. "A Review on Higher Education of Belt and Road Initiative: Key Findings and Emerging Themes," Higher Education Studies, Canadian Center of Science and Education, vol. 12(2), pages 1-93, May.
    15. Liefner Ingo & Li Yingcheng, 2023. "China – International Linkages: Introduction to the Special Issue," ZFW – Advances in Economic Geography, De Gruyter, vol. 67(1), pages 1-4, May.
    16. Marcin Gornikiewicz & Jaroslaw Zelkowski, 2020. "Belt and Road Initiative in the Age of COVID-19 Pandemic: Implications for the Development of the Strategic Project of the People’s Republic of China," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 302-310.

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