| ID | 144910 |
| Title Proper | Offensive for defensive |
| Other Title Information | the belt and road initiative and China's new grand strategy |
| Language | ENG |
| Author | Wang, Yong |
| Summary / Abstract (Note) | China's Belt and Road initiative came from the combined pressure of slowing down of Chinese economy, US pivot to Asia and deterioration of the relations with neighboring countries after weathering the storm of the Global Financial Crisis of 2008. It also symbolizes a more proactive approach of Chinese new leader Xi Jinping in meeting the expectation on China's international obligation and leadership. Aimed to link Asia, Europe, Africa and Oceania, the initiative provides tremendous opportunities of international economic cooperation. The paper argues that as China's contribution to international public goods, it is in the line of economic liberalism; as China's grand strategy, it is more of defensive than offensive by nature. Despite risks and uncertainties exist, the enforcement will boost China's influence and position in regional and international institutions. US should consider making more strategic space to the rising China, and a better coordinated China–US relations will make Asia Pacific a safer and more promising region. |
| `In' analytical Note | Pacific Review Vol. 29, No.3; Jul 2016: p.455-463 |
| Journal Source | Pacific Review Vol: 29 No 3 |
| Key Words | Grand Strategy ; Silk Road ; China's Foreign Policy ; China–US Relations ; Belt and Road Initiative ; Asian Infrastructure Investment Bank (Aiib) ; Asian Institutions |