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The Belt and Road turns five. Bruegel Policy Contribution Issue n˚1 | January 2019

Baltensperger, Michael (2019) The Belt and Road turns five. Bruegel Policy Contribution Issue n˚1 | January 2019. [Policy Paper]

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    Abstract

    China’s Belt and Road Initiative (BRI) is an international trade and development strategy. Launched in 2013, it is one of the ways China asserts its role in world affairs and captures the opportunities of globalisation. The BRI has the potential to enhance development prospects across the world and in China, but that potential might not be realised because the BRI’s objectives are too broad and ill-defined, and its execution is too often non-transparent, lacking in due diligence and uncoordinated. This Policy Contribution recounts the background of the BRI and its context, what is known about the extent of the initiative and the intentions behind it. The initiative could address very large infrastructure investments gaps, which is welcome and needed. China’s goal of forging stronger links with its trading partners around the world is legitimate assuming, of course, the underlying intent remains peaceful.

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    Item Type: Policy Paper
    Subjects for non-EU documents: Countries > China
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Bruegel (Brussels) > Policy Contributions
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 04 Feb 2019 09:46
    Number of Pages: 15
    Last Modified: 04 Feb 2019 09:46
    URI: http://aei.pitt.edu/id/eprint/95647

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