Chinese Investment in Transport Infrastructure in the EU: a Stimulus for Development of Bilateral Trade?

Under the Belt and Road Initiative, particular importance is attached to transport networks development projects, including the creation of optimal transport routes and reorientation of existing supply chains based on the interests of China. This implies the active participation of Chinese companies...

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Autor principal:	K. A. Gemueva
Formato:	article
Lenguaje:	EN RU
Publicado:	Ассоциация независимых экспертов «Центр изучения кризисного общества» (in English: Association for independent experts “Center for Crisis Society Studies”) 2019
Materias:	transport infrastructure, china, eu, airports, railways, ports, freight transport International relations JZ2-6530
Acceso en línea:	https://doaj.org/article/cef43e41f3bb45c3ab77c4d2f11672ea
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spelling	oai:doaj.org-article:cef43e41f3bb45c3ab77c4d2f11672ea2021-11-07T14:45:03ZChinese Investment in Transport Infrastructure in the EU: a Stimulus for Development of Bilateral Trade?2542-02402587-932410.23932/2542-0240-2019-12-6-7https://doaj.org/article/cef43e41f3bb45c3ab77c4d2f11672ea2019-12-01T00:00:00Zhttps://www.ogt-journal.com/jour/article/view/548https://doaj.org/toc/2542-0240https://doaj.org/toc/2587-9324Under the Belt and Road Initiative, particular importance is attached to transport networks development projects, including the creation of optimal transport routes and reorientation of existing supply chains based on the interests of China. This implies the active participation of Chinese companies in investing, financing and implementing projects in the field of transport infrastructure. The article examines the impact of Chinese investment in EU transport infrastructure facilities on the volume of freight traffic between China and the EU through these facilities. Most of the real Chinese investment are directed to the development of port facilities. European airports are also of great interest to Chinese investors, however, under the influence of many factors, only a few projects are successful. China is making significant efforts to establish direct rail links with EU countries. Nevertheless, the share of this type of transport is not yet comparable with freight turnover by sea and air, and future development is limited by a number of factors. Currently, COSCO’s investment in the Greek port of Piraeus is the only example of a significant increase in cargo turnover between China and the EU through an infrastructure under control, however, some ongoing projects could potentially repeat the success of COSCO in the near future. The author concludes that the approaches of the Chinese leadership to the transport infrastructure development are varied. Failures in the implementation of separate projects and the cautious attitude of Brussels towards Chinese investments do not stop China’s planned efforts focused on the long term perspective.K. A. GemuevaАссоциация независимых экспертов «Центр изучения кризисного общества» (in English: Association for independent experts “Center for Crisis Society Studies”)articletransport infrastructure, china, eu, airports, railways, ports, freight transportInternational relationsJZ2-6530ENRUКонтуры глобальных трансформаций: политика, экономика, право, Vol 12, Iss 6, Pp 152-169 (2019)
institution	DOAJ
collection	DOAJ
language	EN RU
topic	transport infrastructure, china, eu, airports, railways, ports, freight transport International relations JZ2-6530
spellingShingle	transport infrastructure, china, eu, airports, railways, ports, freight transport International relations JZ2-6530 K. A. Gemueva Chinese Investment in Transport Infrastructure in the EU: a Stimulus for Development of Bilateral Trade?
description	Under the Belt and Road Initiative, particular importance is attached to transport networks development projects, including the creation of optimal transport routes and reorientation of existing supply chains based on the interests of China. This implies the active participation of Chinese companies in investing, financing and implementing projects in the field of transport infrastructure. The article examines the impact of Chinese investment in EU transport infrastructure facilities on the volume of freight traffic between China and the EU through these facilities. Most of the real Chinese investment are directed to the development of port facilities. European airports are also of great interest to Chinese investors, however, under the influence of many factors, only a few projects are successful. China is making significant efforts to establish direct rail links with EU countries. Nevertheless, the share of this type of transport is not yet comparable with freight turnover by sea and air, and future development is limited by a number of factors. Currently, COSCO’s investment in the Greek port of Piraeus is the only example of a significant increase in cargo turnover between China and the EU through an infrastructure under control, however, some ongoing projects could potentially repeat the success of COSCO in the near future. The author concludes that the approaches of the Chinese leadership to the transport infrastructure development are varied. Failures in the implementation of separate projects and the cautious attitude of Brussels towards Chinese investments do not stop China’s planned efforts focused on the long term perspective.
format	article
author	K. A. Gemueva
author_facet	K. A. Gemueva
author_sort	K. A. Gemueva
title	Chinese Investment in Transport Infrastructure in the EU: a Stimulus for Development of Bilateral Trade?
title_short	Chinese Investment in Transport Infrastructure in the EU: a Stimulus for Development of Bilateral Trade?
title_full	Chinese Investment in Transport Infrastructure in the EU: a Stimulus for Development of Bilateral Trade?
title_fullStr	Chinese Investment in Transport Infrastructure in the EU: a Stimulus for Development of Bilateral Trade?
title_full_unstemmed	Chinese Investment in Transport Infrastructure in the EU: a Stimulus for Development of Bilateral Trade?
title_sort	chinese investment in transport infrastructure in the eu: a stimulus for development of bilateral trade?
publisher	Ассоциация независимых экспертов «Центр изучения кризисного общества» (in English: Association for independent experts “Center for Crisis Society Studies”)
publishDate	2019
url	https://doaj.org/article/cef43e41f3bb45c3ab77c4d2f11672ea
work_keys_str_mv	AT kagemueva chineseinvestmentintransportinfrastructureintheeuastimulusfordevelopmentofbilateraltrade
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Chinese Investment in Transport Infrastructure in the EU: a Stimulus for Development of Bilateral Trade?

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