China’s Belt and Road Initiative Is Changing
Abstract Even before the coronavirus pandemic, financial and geopolitical problems were weighing on the “New Silk Road”: China’s overall investment has been declining for years, key construction projects are unprofitable, partners in Eastern and Southeastern Europe are turning away, and environmenta...
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2021
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oai:doaj.org-article:b933642a86cd44abba0eeb5088f788ce2021-11-21T12:29:16ZChina’s Belt and Road Initiative Is Changing10.1007/s10273-021-3049-40043-62751613-978Xhttps://doaj.org/article/b933642a86cd44abba0eeb5088f788ce2021-11-01T00:00:00Zhttps://doi.org/10.1007/s10273-021-3049-4https://doaj.org/toc/0043-6275https://doaj.org/toc/1613-978XAbstract Even before the coronavirus pandemic, financial and geopolitical problems were weighing on the “New Silk Road”: China’s overall investment has been declining for years, key construction projects are unprofitable, partners in Eastern and Southeastern Europe are turning away, and environmentally harmful projects are increasingly meeting resistance. Since 2020, affluent democracies reinforce alternatives and the People’s Republic also defers debt. In addition to the “BRI Green Partnership”, Xi Jinping is therefore pushing the “Digital Silk Road” and “China Standards 2035”, i. e. global technology and standardisation projects.Britta KuhnSpringerarticleEconomic theory. DemographyHB1-3840Social history and conditions. Social problems. Social reformHN1-995DEWirtschaftsdienst, Vol 101, Iss 11, Pp 901-905 (2021) |
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Economic theory. Demography HB1-3840 Social history and conditions. Social problems. Social reform HN1-995 |
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Economic theory. Demography HB1-3840 Social history and conditions. Social problems. Social reform HN1-995 Britta Kuhn China’s Belt and Road Initiative Is Changing |
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Abstract Even before the coronavirus pandemic, financial and geopolitical problems were weighing on the “New Silk Road”: China’s overall investment has been declining for years, key construction projects are unprofitable, partners in Eastern and Southeastern Europe are turning away, and environmentally harmful projects are increasingly meeting resistance. Since 2020, affluent democracies reinforce alternatives and the People’s Republic also defers debt. In addition to the “BRI Green Partnership”, Xi Jinping is therefore pushing the “Digital Silk Road” and “China Standards 2035”, i. e. global technology and standardisation projects. |
format |
article |
author |
Britta Kuhn |
author_facet |
Britta Kuhn |
author_sort |
Britta Kuhn |
title |
China’s Belt and Road Initiative Is Changing |
title_short |
China’s Belt and Road Initiative Is Changing |
title_full |
China’s Belt and Road Initiative Is Changing |
title_fullStr |
China’s Belt and Road Initiative Is Changing |
title_full_unstemmed |
China’s Belt and Road Initiative Is Changing |
title_sort |
china’s belt and road initiative is changing |
publisher |
Springer |
publishDate |
2021 |
url |
https://doaj.org/article/b933642a86cd44abba0eeb5088f788ce |
work_keys_str_mv |
AT brittakuhn chinasbeltandroadinitiativeischanging |
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1718418966831955968 |