China faces significant hurdles in implementing its Belt and Road Initiative. Since its launch a decade ago, the BRI has become a crucial component of Chinese external economic relations. It has the potential to alter the economic and political landscape of Asia but also Europe. As such, the Belt and Road initiative have placed China at the heart of geopolitics in the Eurasian region but also globally. Therefore, China faces significant hurdles in implementing these initiatives, with many countries and organizations around the world becoming increasingly weary of China's BRI and geopolitical strategy.
This book examines these issues of the BRI and analyzes the impact of the BRI on Chinese involvement in Asia and Europe. It sheds light on the strategic responses of host country governments and regional economic organizations, as well as the reactions of Chinese and other multinational companies, and ultimately the Chinese government. This book will appeal to scholars, researchers and practitioners of International Business and Policy, particularly those interested in the BRI and China's geo-economic influence.
The chapters in this book were originally published as a special issue of Asia Pacific Business Review.