China's Belt And Road Initiative: Going Global And Transformation In The Global Arena

Download or read book China's Belt And Road Initiative: Going Global And Transformation In The Global Arena written by Hui Nee Au Yong and published by World Scientific. This book was released on 2022-01-06 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's President Xi Jinping launched the Belt and Road Initiative (BRI) in 2013. The BRI is promoted as a way for win-win cooperation that promotes common development and prosperity. Since the introduction of BRI, China organised the inaugural One Belt One Road Summit and the Second Belt and Road Forum to spur the implementation of the Initiative.President Xi emphasised that the Belt and Road projects should uphold the principles of shared benefits and joint contributions to realise the vision of a high-quality, open, green and clean BRI. Host countries can possibly gain from China's greenfield manufacturing investments to expand the BRI markets.Contributed by academics and business professionals from Asia, Europe and Africa, the chapters discuss the contemporary people, business, civil society and government developments related to the BRI and explore Health, Environment and Security (HES) challenges that confront the Initiative. This volume shows how a host country can leverage on China's investment without losing the nation's interest.