IDEAS home Printed from https://ideas.repec.org/a/sae/chnrpt/v60y2024i1p57-75.html
   My bibliography  Save this article

New OTC Derivative Instrument for BRI Grand Strategy Integration: Case of ‘China, Mongolia and Russia’

Author

Listed:
  • Valeriia A. Shichalina

    (Department of Information Security, Department of Management & Entrepreneurship, Far Eastern Federal University, Russky Island, 690922, Vladivostok, Russia Federation; Sakhalin State University, University in Yuzhno-Sakhalinsk, Russia. valery.lutchenko@mail.ru)

Abstract

The Belt and Road Initiative is an economic integration plan. But at regional level, the financial capabilities of route countries do not allow the implementation of the Belt and Road. This is the need for and creation of a new financial form. This study aims to theoretically justify a new financial form for economic integration—new type of over-the-counter derivative financial instrument. This adaptation addresses the case of the transport corridor ‘China–Mongolia–Russia’ and ‘resident status’ of the Joint Economic Zone that will serve as a guarantee for the financial assets of the Belt and Road companies and increase their financial sustainability and investment revival in regions. In general, this has a positive effect on the development of the accounting system and increases the financial and investment interests of business participants, which can lead to new forms of entrepreneurial activity and become a catalyst for improving the welfare of regions of China–Mongolia–Russia transport corridor, and it is in line with the goals and investment initiatives of the Belt and Road project.

Suggested Citation

  • Valeriia A. Shichalina, 2024. "New OTC Derivative Instrument for BRI Grand Strategy Integration: Case of ‘China, Mongolia and Russia’," China Report, , vol. 60(1), pages 57-75, February.
    • Handle: RePEc:sae:chnrpt:v:60:y:2024:i:1:p:57-75
    DOI: 10.1177/00094455241247898
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/00094455241247898
    Download Restriction: no
    File URL: https://libkey.io/10.1177/00094455241247898?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:chnrpt:v:60:y:2024:i:1:p:57-75. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.