1st Edition

The China-led Belt and Road Initiative and its Reflections The Crisis of Hegemony and Changing Global Orders

Edited By Mehdi Parvizi Amineh Copyright 2023
    314 Pages 28 B/W Illustrations
    by Routledge

    314 Pages 28 B/W Illustrations
    by Routledge

    This book analyzes the origins and the impacts of China’s Belt and Road Initiative (BRI) on diplomacy, economy (trade, investment, finance), and security among selected host countries and regions in Asia, Africa, and the European Union.

    By examining the geopolitical economy of BRI activities, it concisely describes the impact of the rise of China and its BRI policy strategy on the reshaping of world order and global governance. This volume explores the BRI by addressing several key questions including:

    • Why did the Chinese leadership set up the BRI?
    • What are the activities of BRI projects in the participating countries and related regions?
    • What are the challenges to the successful implementation of the BRI in the various countries and regions?

    Moreover, through its analysis of the abovementioned questions, it provides novel contributions to the ongoing scholarly debates between Chinese and non-Chinese scholars – among others, the debate surrounding the “rise of China” and its impact on global governance.

    Featuring an extensive variety of expert contributors, this study will be an essential reading for students and scholars of International Relations and Global Political Economy as well as Chinese politics and those with an interest in the Belt and Road Initiative more broadly.

    Introduction: The China-led Belt and Road Initiative and its reflections

    Mehdi P. Amineh

    1. China’s capitalist industrial development and the emergence of the Belt and Road Initiative

    Mehdi P. Amineh

    2. China’s rise and the question of hegemony and world order

    Mehdi P. Amineh

    3. Supply-side perspectives from China: Structural industrial change and industry incentives for participating in the Belt and Road Initiative

    Jin Song

    4. Ethiopia and the Belt and Road Initiative: The impact of Chinese investments on the industrialization of Ethiopia

    Jeroen van Wijk

    5. Western Balkans: How to coordinate the Belt and Road Initiative with the EU’s Enlargement Policy

    Xu Tian

    6. An assessment of the Hungarian partnership in the Chinese Belt and Road Initiative

    László Marácz

    7. Geopolitics of change: China, the Belt and Road Initiative, and Asian regions

    Anoushiravan Ehteshami

    8. BRI in the Middle East and Central Asia: The case of Kazakhstan, Iran, and Turkey

    Mehdi P. Amineh, Laura Linck, and Emre Demirkiran

    9. Strategic alliance or cooperation of convenience: Iran’s linking the Chinese and Russian transit routes to connect Asia to Europe

    Hooman Peimani

    10. Facts on China’s outward energy investment in Belt and Road countries

    Yongzhong Wang

    11. The Belt and Road, global governance, and China

    Xiujun Xu

    Biography

    Mehdi P. Amineh is Senior Lecturer and affiliated fellow at the Amsterdam Institute for Social Science Research (AISSR), University of Amsterdam, the Netherlands, a Senior Research Fellow at the International Institute for Asian Studies (IIAS), Leiden University, the Netherlands, and Program Director of the Energy Programme Asia (EPA) at the same institute.