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Trade and the New Silk Road: opportunities, challenges, and solutions

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  • Yuan Li
  • Hans-Jörg Schmerer

Abstract

More than 2000 years ago, the ancient Silk Road was a major trade link between the East and West. However, technological change and dramatic declines in transportation costs have since made it obsolete as container shipping and the advent of cargo flights have shifted trade from the surface to the sea or air. Nevertheless, China recently announced a new initiative that aims at establishing new connections between Europe and Asia, which are bypassing more modern transport routes in favor of railway connections. This special issue is dedicated to research related to this new initiative.

Suggested Citation

  • Yuan Li & Hans-Jörg Schmerer, 2017. "Trade and the New Silk Road: opportunities, challenges, and solutions," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 15(3), pages 205-213, July.
    • Handle: RePEc:taf:jocebs:v:15:y:2017:i:3:p:205-213
    DOI: 10.1080/14765284.2017.1347473
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    1. Aislu Taisarinova & Giuseppe Loprencipe & Madina Junussova, 2020. "The Evolution of the Kazakhstani Silk Road Section from a Transport into a Logistics Corridor and the Economic Sustainability of Regional Development in Central Asia," Sustainability, MDPI, vol. 12(15), pages 1-20, August.
    2. Yuan Li & Martin Kleimann & Hans-Jörg Schmerer, 2021. "Estimating causal effects of BRI infrastructure projects based on the synthetic control method," Asia Europe Journal, Springer, vol. 19(1), pages 103-129, December.
    3. Grimmel, Andreas & Li, Yuan, 2018. "The belt and road initiative: A hybrid model of regionalism," Working Papers on East Asian Studies 122/2018, University of Duisburg-Essen, Institute of East Asian Studies IN-EAST.
    4. Claudio Ferrari & Alessio Tei, 2020. "Effects of BRI strategy on Mediterranean shipping transport," Journal of Shipping and Trade, Springer, vol. 5(1), pages 1-18, December.
    5. Imran Ur Rahman & Mohsin Shafi & Liu Junrong & Enitilina Tatiani M.K. Fetuu & Shah Fahad & Buddhi Prasad Sharma, 2021. "Infrastructure and Trade: An Empirical Study Based on China and Selected Asian Economies," SAGE Open, , vol. 11(3), pages 21582440211, July.
    6. Mau, Karsten & Seuren, Rosalie, 2020. "One Belt, One Road, One Way?," Research Memorandum 024, Maastricht University, Graduate School of Business and Economics (GSBE).
    7. Zhanarys RAIMBEKOV & Bakyt SYZDYKBAYEVA & Zhibek RAKHMETULINA & Darima ZHENSKHAN, 2018. "The Effectiveness Of Logistics Development And Its Impact On The Economies Of The Countries Along The Silk Road Passing Through Kazakhstan," Transport Problems, Silesian University of Technology, Faculty of Transport, vol. 13(4), pages 127-142, December.
    8. Adam A. Ambroziak & Joanna Stefaniak, 2022. "The position of China in trade in services within the European Union," Oeconomia Copernicana, Institute of Economic Research, vol. 13(2), pages 335-354, June.
    9. Anna Visvizi & Miltiadis D. Lytras & Peiquan Jin, 2019. "Belt and Road Initiative (BRI): New Forms of International and Cross-Industry Collaboration for Sustainable Growth and Development," Sustainability, MDPI, vol. 12(1), pages 1-5, December.
    10. Jelena M. Andrić & Jiayuan Wang & Ruoyu Zhong, 2019. "Identifying the Critical Risks in Railway Projects Based on Fuzzy and Sensitivity Analysis: A Case Study of Belt and Road Projects," Sustainability, MDPI, vol. 11(5), pages 1-18, March.
    11. Karsten Mau & Rosalie Seuren, 2023. "One belt, one road, one way? Where European exporters benefit from the new silkroad," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 159(2), pages 257-297, May.
    12. Iza Gigauri & Nino Damenia, 2019. "Economic Expectations of the Belt and Road Initiative for the South Caucasus, with Emphasis on Georgia," Business and Economic Research, Macrothink Institute, vol. 9(1), pages 173-199, March.

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