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China's Belt and Road Initiative (BRI) is an important developmental measure that started from September 2013 when Chinese President Xi Jinping initiated the strategic concept of building a new Silk Road Economic Belt, as a model for global economic development and growth.This book focuses on the BRI's influence on the interregional cooperation between Asia and Europe. It discusses a variety of topics including financial security - featuring how financial institutions, such as Asian Infrastructural Investment Bank, World Bank and Asian Development Bank provide feasible financial support for the economic development of countries along the BRI route; China's Economy and the "New Normal" transformation; the integration of high-speed railways, equipment manufacturing into the Initiative; the China Dream and many more.

ASEAN countries play a crucial role in the Belt and Road Initiative (BRI) that was initiated in 2013. A number of priority BRI projects have since been implemented. The implementation of BRI brings new opportunities and challenges to countries in the region, and also to regional integration.In this book, researchers from universities and think-tanks in ASEAN countries study the BRI from the perspective of regional studies. It presents an analysis of responses on BRI of the government and people from individual ASEAN members.The book addresses three areas: First, the strengths and weaknesses of ASEAN countries, and the opportunities and challenges for them in implementing the BRI (a SWOT analysis); second, the impacts of BRI on building the ASEAN community; and third, interactions between BRI and ASEAN-China cooperation.

Silk Road: The Study of Drama Culture is the translated edition of the Chinese academic book of the same title written by Professor LI Qiang from Shaanxi Normal University, China. The book breaks through the concept of regarding Han Drama as the center, yet elaborates the Silk Road drama as an inclusive culture and a prevailing literary art form in human civilization. Relying on his extensive experience and broad vision, the author conducts the thorough study by means of literature, artifacts and academic fieldwork. The book studies the drama culture of all ethnic groups from Asia, Europe and Africa and touches upon the cultural exchanges between China and its neighboring countries, between the East and the West. The carefully presented details in this book are aimed to explore all the related fields such as dramaturgy, philology, phonology, religion, history, geography, archeology, ethnology, and folklore between the East and the West from the perspective of cultural anthropology. The explanations in the book contribute to an in-depth study on the origins of the Silk Road and the drama culture along the Silk Road.

China's Belt and Road Initiative (BRI) has attracted growing attention from around the world since it was first announced. It is, along with the Asian Infrastructure Investment Bank (AIIB), a critical instrument for realizing what the Chinese government calls the Community of Common Destiny (CCD).The core idea presented in this volume is that the CCD represents a new paradigm for promoting regional collaboration in socio-economic development, and plays a crucial role in reshaping the international geopolitical landscape. Contributors show that the belief in common development and common security transcends differences in cultural tradition and pre-existing level of development. This belief underlies the commitments among countries and regions participating in the BRI to working closely together in pursuit of shared and sustained prosperity.The chapters are based on papers presented at "Building the Community of Common Destiny between China and Its Neighbors: Challenges and the Future", an international forum co-organized by the National Institute for Global Strategy of the Chinese Academy of Social Sciences and the University of International Relations (China). Thirty experts from more than twenty countries have contributed to this volume.

This book explores a wide range of topics related to the policies and implementation of the BRI. The topics include the associated risks and challenges, new opportunities for multilateral cooperation, and approaches to promoting the BRI among participating countries. The book analyzes how people and governments in Russia, Egypt, Pakistan, the US, Malaysia, Turkey, Singapore, India and 22 other countries respond to the BRI, and BRI's impact on the dynamics of national, regional and global development.The book's chapters are based on papers presented at the "International Symposium of the Belt and Road Initiative in the Global Perspective", co-organized by the National Institute for Global Strategy of the Chinese Academy of Social Sciences and Beijing Foreign Studies University in Beijing. A total of 39 experts from more than 30 countries have contributed to this book.

This book presents critical analyses of China's Belt and Road Initiative (BRI) from economic, social, political and geographical perspectives. Contributed by academics and business professionals from Asia, Europe and Australia, the chapters offer readers a range of regional viewpoints and insights into China's grand development strategy — primarily aimed at boosting connectivity across Asia and beyond via investments in infrastructural projects. The chapters also discuss the contemporary economic, financial, political and infrastructural developments related to the BRI and the challenges that confront the Initiative.This edited volume serves as a primer to China's mega strategic undertaking, a supplementary companion and reference resource to those familiar with the BRI.

The Chinese economy has long been emphasizing globalization. Many factors including domestic currency policies, exchange policies and cross-border capital flow are becoming increasingly complex. Therefore, China is steadily pushing forward RMB internationalization to meet the market requirements emerging from global cooperation that has resulted from the Belt and Road Initiative.In the perspective of currency development, the internationalization of RMB is a general trend and a historical choice. As an important measure of China to fully open up and integrate with international community, the Belt and Road Initiative intends to effectively connect relevant countries, from different areas such as policies, roads, trade, capital and popular support. The financial cooperation based on domestic currencies is an important aspect of the Belt and Road Initiative, and an important means to meet the financial needs of various countries. Financing of Belt and Road Initiative-related projects is clearly helpful for China in adopting more active policies in capital account convertibility and RMB internationalization and to accelerate the process of RMB internationalization.

The concept of a "21st-Century Maritime Silk Road" refers to the proposed modern-time version of the ancient Maritime Silk Road that connected China with the rest of Asia, and even parts of eastern Africa. It is a strategic initiative designed to increase investments in and foster collaboration among all countries along the ancient Silk Road. This volume, 21st-Century Maritime Silk Road Initiative: Aims and Objectives, Implementation Strategies and Policy Recommendations, presents the latest research findings on the directions and implementation methods related to the initiative, and contributors offer policy suggestions, include promoting effective macroeconomic policies, extending microeconomic cooperation schemes, removing trade barriers and facilitating financial integration, building infrastructures that can connect all subregions in Asia, and increasing people-to-people exchanges and industrial cooperation.

This book views the Belt and Road Initiative (BRI), a bold and all-encompassing 21st century global effort by China, with unprecedented perspectives. The BRI could be summarised as a "revitalization" of China's ancient land-based and maritime silk roads, but it should be noted that its impact on China and the world stands on the foundation of omnipresent economics and how China transforms its mindset in the 21st century.Though initiated by China, the BRI's implementation has been a many-to-many effort from the start. This multi-regional and multi-national effort is distinctly different from the one-to-many effort of the Marshall Plan. The two meaning-defining chapters of this book, "Omnipresent Economics: The Belt and Road Initiative Underpinning" and "Supercontinent, Neo-Renaissance and Cultural Communications: The Millennium Mindset Transformations Induced by the Belt and Road Initiative", have made it abundantly clear that the BRI discussions presented are unique.The discussions of this book could shed new light on the BRI, a long-term and profound initiative by China, which in today's global discussions and debates, are entirely confined to geopolitical and economics arenas.

This book aims at illustrating the OBOR Initiative (also known as "Belt and Road Initiative" or BRI), its many facets, including its background, and how the Chinese government intends to develop this ambitious project. It describes in detail the role and involvement of Institutions (lenders, in particular) in the OBOR Initiative. It offers guidance on how interested parties can participate in the different projects connected to the Initiative. The views of the authors, on the main aspects of this Initiative, serve as suggestions to parties interested in taking part in this Initiative.The book provides an exceptional amount of information about how projects connected to the BRI Initiative are financed and developed. The involvement of UBS clearly shows that financial institutions are interested in financing the Initiative.There is a special focus on the relationship between China and the EU, because the scope of this Initiative is not only to boost trade relationships between the two regions but also create new opportunities for all the countries along the new Silk Road.

This contribution to the World Scientific series on the Belt and Road Initiative focuses on the overland connections west from China, the Silk Road Economic Belt component of the BRI. It emphasizes the economic underpinning of the Belt in the market-driven creation of the Eurasian Landbridge and the linking of regional value chains. A fundamental economic driver behind this is the twenty-first century evolution of international value chains, in which China plays a major role, and their transformation by new trade technologies. Finer fragmentation of production and wider scanning for participants in value chains underlie the need for common, preferably global, regulation of new trade technologies and the emergence of mega-regional trade agreements (and China's response to such agreements).Thus, the Eurasian part of the Belt and Road Initiative must be seen in conjunction with China's growing role in the twenty-first-century global economy. Especially since the 2016 US presidential election, these connections have become entwined with China's reactions to criticisms of the Belt and Road Initiative and China's recognition of the benefits of more nuanced economic diplomacy to find common ground with other economic powers, notably the European Union and signatories of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

China's President Xi Jinping launched the Belt and Road Initiative (BRI) in 2013. The BRI is promoted as a way for win-win cooperation that promotes common development and prosperity. Since the introduction of BRI, China organised the inaugural One Belt One Road Summit and the Second Belt and Road Forum to spur the implementation of the Initiative.President Xi emphasised that the Belt and Road projects should uphold the principles of shared benefits and joint contributions to realise the vision of a high-quality, open, green and clean BRI. Host countries can possibly gain from China's greenfield manufacturing investments to expand the BRI markets.Contributed by academics and business professionals from Asia, Europe and Africa, the chapters discuss the contemporary people, business, civil society and government developments related to the BRI and explore Health, Environment and Security (HES) challenges that confront the Initiative. This volume shows how a host country can leverage on China's investment without losing the nation's interest.

Since its launch in late 2013, the Belt and Road Initiative (BRI) has become a significant factor in shaping China's economic and diplomatic relations with the world.