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Global trends in countries' perceptions of the Belt and Road Initiative

Author

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  • García-Herrero, Alicia
  • Schindowski, Robin

Abstract

Since China's Belt and Road Initiative (BRI) was announced almost a decade ago, circumstances in global politics have changed radically. The trade war between the United States and China, and most recently the Covid-19 pandemic have caused a partial reshuffling of the international economic architecture. At the same time, China has become stronger and more self-confident, more innovative and more embedded in global value chains. Under the framework of the BRI it has become the world's largest official creditor in 2017. As of recently, an increasing number of countries have fallen into debt distress, some of which have received substantial investment from China. The question is then how the image of the BRI has evolved as these conditions have shifted. Drawing on global media reports, we conduct an analysis of the sentiment towards China's Belt and Road Initiative across geographies and of how this sentiment has evolved over time.

Suggested Citation

  • García-Herrero, Alicia & Schindowski, Robin, 2023. "Global trends in countries' perceptions of the Belt and Road Initiative," BOFIT Policy Briefs 10/2023, Bank of Finland Institute for Emerging Economies (BOFIT).
    • Handle: RePEc:zbw:bofitb:102023
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    References listed on IDEAS

    as
    1. Gonzalo de Cadenas-Santiago & Alicia García-Herrero & Álvaro Ortiz Vidal-Abarca & Tomasa Rodrigo, 2015. "An Empirical Assessment of Social Unrest Dynamics and State Response in Eurasian Countries," Eurasian Journal of Social Sciences, Eurasian Publications, vol. 3(3), pages 1-29.
    2. Mr. Futoshi Narita & Rujun Yin, 2018. "In Search of Information: Use of Google Trends’ Data to Narrow Information Gaps for Low-income Developing Countries," IMF Working Papers 2018/286, International Monetary Fund.
    3. Gregor Dobler, 2017. "China and Namibia, 1990 to 2015: how a new actor changes the dynamics of political economy," Review of African Political Economy, Taylor & Francis Journals, vol. 44(153), pages 449-465, July.
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    Keywords

    China; Belt and Road Initiative; sentiments;
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