A kínai pénzügyi intézményrendszer hozzájárulása a Belt and Road program finanszírozásához

Currently, we are witnessing a major rearrangement of power, the unipolar world becomes more polar. One of the new poles is China, which owes its rise to economic development and continuous transformation since the 1990s. To consolidate this role, the country launched the Belt and Road program, whic...

Full description

Saved in:
Bibliographic Details
Main Author: Eszes, Dorottya
Format: article
Language:EN
HU
Published: Publikon 2020
Subjects:
G
Online Access:https://doaj.org/article/d0b15fed0ad64a1cb603912df3ddf9f4
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Currently, we are witnessing a major rearrangement of power, the unipolar world becomes more polar. One of the new poles is China, which owes its rise to economic development and continuous transformation since the 1990s. To consolidate this role, the country launched the Belt and Road program, which aims to strengthen political, economic and interpersonal relations between the participating countries. The size and cost of the infrastructure and energy developments related to the program are also outstanding from a historical perspective. In addition to the need for financing for construction, there is also a need for easier execution of renminbi transactions and easier financial transactions of the partners and international Chinese companies. The paper shows how the Chinese financial system contributes to the financing of the Belt and Road program and what financial instruments it uses to do so.