International Flows in the Belt and Road Initiative Context
eBook - ePub

International Flows in the Belt and Road Initiative Context

Business, People, History and Geography

  1. English
  2. ePUB (mobile friendly)
  3. Available on iOS & Android
eBook - ePub

International Flows in the Belt and Road Initiative Context

Business, People, History and Geography

Book details
Book preview
Table of contents
Citations

About This Book

This edited volume brings together a wide range of academics to engage with inter-disciplinary research perspectives in response to the development of The Belt and Road Initiative (BRI) which opens unparalleled opportunities to gain access to new markets in Asia, Europe and Africa. The collection examines opportunities offered in key areas such as trade and investment, policy coordination, facilities connectivity and cultural exchange. It also notably considers how the historical, environmental, cultural and political background to the BRI impacts this hugely ambitious plan which has been described as the 'new Silk Road', as well as the challenges across these spheres in a part of the world which has witnessed much instability historically.

Chapter "Between Adoption and Resistance. China's Efforts of 'Understanding the West, ' the Challenges of Transforming Monarchical Legitimacy, and the Rise of Oriental Exceptionalism, 1860-1910" is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.

Frequently asked questions

Simply head over to the account section in settings and click on “Cancel Subscription” - it’s as simple as that. After you cancel, your membership will stay active for the remainder of the time you’ve paid for. Learn more here.
At the moment all of our mobile-responsive ePub books are available to download via the app. Most of our PDFs are also available to download and we're working on making the final remaining ones downloadable now. Learn more here.
Both plans give you full access to the library and all of Perlego’s features. The only differences are the price and subscription period: With the annual plan you’ll save around 30% compared to 12 months on the monthly plan.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1 million books across 1000+ topics, we’ve got you covered! Learn more here.
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more here.
Yes, you can access International Flows in the Belt and Road Initiative Context by Hing Kai Chan, Faith Ka Shun Chan, David O'Brien, Hing Kai Chan,Faith Ka Shun Chan,David O'Brien, Hing Kai Chan, Faith Ka Shun Chan, David O'Brien in PDF and/or ePUB format, as well as other popular books in Politics & International Relations & Cultural Policy. We have over one million books available in our catalogue for you to explore.
© The Author(s) 2020
H. K. Chan et al. (eds.)International Flows in the Belt and Road Initiative ContextPalgrave Series in Asia and Pacific Studieshttps://doi.org/10.1007/978-981-15-3133-0_1
Begin Abstract

1. Recent Trends on Belt and Road Initiative (BRI) Research

Hing Kai Chan1 , Faith Ka Shun Chan2 and David O’Brien3
(1)
Nottingham University Business School China, University of Nottingham Ningbo China, Ningbo, China
(2)
School of Geographical Sciences, University of Nottingham Ningbo China, Ningbo, China
(3)
Faculty of East Asian Studies, Ruhr University Bochum, Bochum, Germany
Hing Kai Chan (Corresponding author)
Faith Ka Shun Chan
David O’Brien
Keywords
Belt and Road InitiativeBRIBusinessPoliticsHistoryGeography
End Abstract

1.1 Introduction to BRI Research

The Belt and Road Initiative (BRI) is an enormous development strategy initiated by the Chinese Government in 2013. It refers to the Silk Road Economic Belt (SREB), which links China with Europe through Central and Western Asia, and the twenty-first Century Maritime Silk Road (MSR), which connects China with Southeast Asian countries, Africa and Europe (Rolland 2017). With the BRI strategy, it is projected that China will further integrate itself into the world economy and strengthen its influence across three continents.
This hugely ambitious project aims at transnational collaboration with countries not only in Asia Pacific but also extending to Europe, Africa and beyond. The BRI will change the shape of international trade due to the huge scale of infrastructural development. In addition, due to the involvement of inter-country activities, the BRI will significantly affect the current political equilibrium. This initiative has already and will continue to alter the geopolitical balance in East Asia, Central Asia and on into Europe. Realities which have existed since the end of the Cold War are being called into question by the scope and scale of this project.
While the People’s Republic of China (PRC) strongly rejects claims that the project is neo-colonial in aim, it is a reality that it brings a substantial Chinese economic and political presence into parts of the world long considered Russia’s sphere of influence. While relations between Russia and China currently appear better than at any time in their recent history, these two huge nations have often existed in a state of mutual suspicion and BRI has the potential to once again destabilise this relationship.
In its early manifestation, China has done a good job of convincing its neighbours that the BRI is a positive and a mutually beneficial project, which could signify a new and more fairly balanced world order. Yet these are uncertain times across the whole world and while China’s neighbours currently view the BRI in a mostly favourable light, it is not hard to conceive of a situation where the optics might change and perceptions of China as trying to gain an upper hand in a region not considered its own historically, could develop. There are obvious parallels here with the nineteenth-century Great Game when Russia and Britain engaged in a fierce rivalry for influence in the same region. While China may not face a competing great power in Central Asia for now, it is not hard to conceive of a situation arising where a competing narrative to that espoused by the PRC develops.
Furthermore, the infrastructure projects are directly related to geographical issues along the BRI route. BRI is engaged mainly with infrastructure and planning on the overland and maritime trade routes. Therefore, multinational cooperation between BRI countries is vital and lessons must be learned from the past to understand the historical, social-cultural and environmental issues of BRI to avoid potentially disastrous outcomes.
Large geospatial transnational trade partnerships with Central Asia, Southeast Asia, Middle East, Europe, Japan and Korea, etc., have long been part of China’s economic strategy, with huge success in the last few decades since the “Open Door Policy” was established in 1978. Chinese transnational trade routes have existed since the Tang Dynasty (618–907 CE), understanding historical, social-cultural and environmental factors is vital when it comes to informing stakeholders, policy- and decision-makers aiming to establish long-term and sustainable ideas for further developments.
This volume focuses on the shifting nexus between global infrastructures due to the BRI and emerging issues in the political, international relations and geographical fields. Building on recent theoretical and conceptual advances in the study of infrastructure, large technical systems and technoscience in science and technology studies and innovation studies, this volume aims to bring together a broad understanding of the key issues.

1.2 The Three Distinctive Research Areas

1.2.1 Business

BRI involves a lot of bilateral infrastructure projects between China and the BRI partner countries. On the one hand, these projects generate a lot of business opportunities; on the other hand, they also demand lots of business and project management skills. Traditional business theories may not be perfectly applicable in the BRI context in practice. First, it is because the coverage of the BRI is extremely wide, and is possibly the widest regional initiative ever. In addition, it involves far more external factors, such as national security, cross-cultural issues, among others, than the other alliances or collaborations between countries. To master these projects well is not easy. Second, the ultimate objective of the BRI is to improve international trade, and consequently, new business models are needed. Therefore, the business context of BRI cannot be underestimated. Notwithstanding this, research and development in this area is surprisingly limited because currently studies are very much focusing on the high-level national issues regarding BRI. Business context is more hands-on and relates to relatively more practical issues.
More specifically, current studies in business and management domain mainly discuss the economic benefits of the BRI (Huang 2016; Zhai 2018; Li et al. 2019), optimisation of the infrastructural projects to logistics network (Shao et al. 2018; Sheu and Kundu 2018; Kuzmicz and Pesch 2019) and sustainability (Shaikh et al. 2016; Solmecke 2017; Liu and Xin 2019). Borrowing concepts from a recent review conducted by Thürer et al. (2019), the BRI will affect global business, particularly in supply chain management, in two aspects: business entities and flow.
Business entities refer to the companies in supply chains. The major aim of the BRI is to improve regional connectivity. In a business sense, this is to improve the linkage between the business entities, or companies. This requires the integration of business processes between companies in different nations. For instance, cross-border e-commerce systems aim to achieve this integration. The BRI plays an irreplaceable role in connecting the physical logistics and supply chain activities along the BRI routes in view of this integration. Otherwise, merely developing the logistics infrastructure in different BRI countries cannot achieve the intended efficiency. Nevertheless, the economic benefits or economic efficiency of introducing the BRI-related projects are still unclear. There is a pressing need to first understand how, economically, the BRI can be beneficial to the countries involved. Multi-method approaches may be required (Chan et al. 2019).
The second aspect, flow, focuses more on the linkage of the physical BRI activities or countries by emerging, and in particular, digital technologies. One potential research area in this regard is the digital Silk Road (Jia and Shuang 2015; Shen 2018). The notion of the “Digital Silk Road” or “Digital Belt and Road” (Guo et al. 2018) resonates with research on the interplay of logistics and supply chain management, the international economy and the Internet. Digital industries and infrastructures are an integral part of the BRI (Kozłowski 2018). Flow here also includes the financial flow rather than just the flow of physical goods. The integration of financial flow will lead to market integration. However, the mechanism of such market integration warrants investigating. Digital connectivity is the counterpart of the infrastructural connectivity in the physical Silk Road. Digital connectivity in the digital Silk Road is a natural extension of the evolution of the digital economy (Fishwick 2017) and is of vital importance in creating various participatory digital platforms (Fung et al. 2018; Seele et al. 2019). The development of standard information systems along the BRI is therefore of vital importance to accommodate the flow along the BRI countries. This will further promote and enhance trade and economic development along the BRI countries.
To master the above issues, it is very clear that the current talent development programmes, which normally do not take such a wide scope into consideration, are insufficient to train management personnel to deal with all challenges. There is a need to reshape talent development programmes in relation to BRI. Since BRI is international in nature, such programmes cannot be tailored to just one country or region. This will indirectly address the issues surrounding politics such as diversity in culture which may compromise national security risks.

1.2.2 Politics

A detailed exploration of the political impact of such a huge project is beyond the scope of this volume. What is intended instead is to provide a snapshot of some of the key political narrative flows taking place at this time and their potential impact in some of the regions the BRI will impact.
Of course, Central Asia is a key to BRI and any examination of the political context of the initiative must pay close attention to this huge, diverse region. It is a region of complex identities, rich in natural resources, occupying a key strategic position between Asia and Europe. The importance of Central Asia generally and to the BRI specifically cannot be in doubt, as Vakulchuk and Overland (2019, p. 116) write “Central Asia, while a culturally and historically homogenous region, remains one of the least integrated regions in the world”. It is interesting to examine the dilemma facing Central Asian states to explore what strategies are available to maximise the benefits of the BRI.
The PRC is adamant that BRI is a mutually beneficial “win-win” situation for any country willing to join it. Yet China is keenly aware of political narratives and will use the full extent of its soft and hard power to achieve its aims. The recent unprecedented security clampdown in the Xinjiang Uyghur Autonomous Region (XUAR) in China’s northwest has demonstrated the extent to which China wil...

Table of contents

  1. Cover
  2. Front Matter
  3. 1. Recent Trends on Belt and Road Initiative (BRI) Research
  4. Part I. Business
  5. Part II. Politics
  6. Part III. History and Geography
  7. Correction to: Between Adoption and Resistance: China’s Efforts of ‘Understanding the West’, the Challenges of Transforming Monarchical Legitimacy and the Rise of Oriental Exceptionalism, 1860–1910