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BELT AND ROAD INITIATIV (2) answer(s).
 
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ID:   158639


China's Belt and Road Initiative: at the crossroads of challenges and ambitions / Tekdal, Veysel   Journal Article
Tekdal, Veysel Journal Article
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Summary/Abstract Interpretations of the Belt and Road Initiative (BRI) mostly agree that it is a policy opening that offers some remedies for China's economic and security challenges, as well as reflects China's increasing regional and global ambitions. This paper argues that the multiple drivers characterizing the BRI result from the multiple identities of China as a developing country struggling with several sources of instability and macroeconomic problems and, simultaneously, a regional and an emerging power, and finally a major global power with significant economic capacity to shape the global economic order. The paper aims to substantiate the entanglement of the defensive and ambitious motivations behind the BRI by examining the background against which the Chinese Communist Party leadership has suggested it. In so doing, it draws on Chinese official policy documents and statistics, speeches from Chinese leaders and existing social–scientific research on the transformation of China's economic and political landscape in recent years.
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2
ID:   177651


US-China Geoeconomic Tensions: Implications for the African Continental Free Trade Area / Pere, Garth L. le   Journal Article
Pere, Garth L. le Journal Article
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Summary/Abstract Passage of the African Continental Free Trade Area (CFTA) occurs at a time of rising tensions between the United States and China. Africa’s growth and development prospects depend on a functioning and stable multilateral trading system, but recourse to economic nationalism and protectionism is increasingly undermining the open global economy and, indeed, the liberal international order on which free and fair trade depends. This article examines the implications of US-China tensions for the CFTA while assessing the opportunity for closer engagement between African countries and an axis of emerging powers led by China in an enhanced Global South strategy
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