Five Connectivity Areas of the China's Belt and Road Initiative
The article strives to go beyond the common understanding of China's BRI strategy as a set of Eurasian logistics corridors and related investment and transportation projects. Scrutinizing the five integration areas (wu tong), namely foreign policy, infrastructure, trade & economic, fina...
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| Format: | Article |
| Language: | Russian |
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MGIMO University Press
2018-09-01
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| Series: | Международная аналитика |
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| Online Access: | https://www.interanalytics.org/jour/article/view/213 |
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| author | I. Chubarov |
| author_facet | I. Chubarov |
| author_sort | I. Chubarov |
| collection | DOAJ |
| description | The article strives to go beyond the common understanding of China's BRI strategy as a set of Eurasian logistics corridors and related investment and transportation projects. Scrutinizing the five integration areas (wu tong), namely foreign policy, infrastructure, trade & economic, financial and humanitarian, one can come to the conclusion that it is a set of activities to support the "going out" of the Chinese commercial firms to the leading positions in various sectors of the world economy. Climbing up the value chain by the "national champions" is a necessary condition for China's entrance to the center of the world economy. The arena of action is the periphery and semi-periphery (so called "countries along the belt and road"), where China is gradually pushing out corporations of developed countries.In addition, the strengthening of China's status in the eyes of the international community and the formation of the image of a great power hold independent importance for the people and leadership. Assessing BRI as the next natural stage of China's foreign economic openness policy at the new stage of globalization and at the same time as a self-valuable tool for restoring the country's prestige on the world stage allows more accurate evaluate Chinese intentions in joint projects. |
| format | Article |
| id | doaj-art-ee6c8abd9b3948faa7bd697397f5ce6b |
| institution | Kabale University |
| issn | 2587-8476 2541-9633 |
| language | Russian |
| publishDate | 2018-09-01 |
| publisher | MGIMO University Press |
| record_format | Article |
| series | Международная аналитика |
| spelling | doaj-art-ee6c8abd9b3948faa7bd697397f5ce6b2025-08-20T03:59:12ZrusMGIMO University PressМеждународная аналитика2587-84762541-96332018-09-0103455810.46272/2587-8476-2018-0-3-45-58213Five Connectivity Areas of the China's Belt and Road InitiativeI. Chubarov0Institute of the Far Eastern Studies, Russian Academy of SciencesThe article strives to go beyond the common understanding of China's BRI strategy as a set of Eurasian logistics corridors and related investment and transportation projects. Scrutinizing the five integration areas (wu tong), namely foreign policy, infrastructure, trade & economic, financial and humanitarian, one can come to the conclusion that it is a set of activities to support the "going out" of the Chinese commercial firms to the leading positions in various sectors of the world economy. Climbing up the value chain by the "national champions" is a necessary condition for China's entrance to the center of the world economy. The arena of action is the periphery and semi-periphery (so called "countries along the belt and road"), where China is gradually pushing out corporations of developed countries.In addition, the strengthening of China's status in the eyes of the international community and the formation of the image of a great power hold independent importance for the people and leadership. Assessing BRI as the next natural stage of China's foreign economic openness policy at the new stage of globalization and at the same time as a self-valuable tool for restoring the country's prestige on the world stage allows more accurate evaluate Chinese intentions in joint projects.https://www.interanalytics.org/jour/article/view/213chinabriglobalization |
| spellingShingle | I. Chubarov Five Connectivity Areas of the China's Belt and Road Initiative Международная аналитика china bri globalization |
| title | Five Connectivity Areas of the China's Belt and Road Initiative |
| title_full | Five Connectivity Areas of the China's Belt and Road Initiative |
| title_fullStr | Five Connectivity Areas of the China's Belt and Road Initiative |
| title_full_unstemmed | Five Connectivity Areas of the China's Belt and Road Initiative |
| title_short | Five Connectivity Areas of the China's Belt and Road Initiative |
| title_sort | five connectivity areas of the china s belt and road initiative |
| topic | china bri globalization |
| url | https://www.interanalytics.org/jour/article/view/213 |
| work_keys_str_mv | AT ichubarov fiveconnectivityareasofthechinasbeltandroadinitiative |