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 Chinas 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 Chinas geo-economic influence.
The chapters in this book were originally published as a special issue of Asia Pacific Business Review.
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.
Introduction - The Chinese Belt and Road Initiative: strategic responses
of governments and multinational companies
1. The impact of contextual
distance on the investment locations of Chinese multinationals in countries
along the Belt and Road Initiative
2. Chinese institutions and international
expansion within the Belt and Road Initiative: firm capabilities of Chinese
companies in the European Union
3. Motives behind Sino-Japanese strategic
alliances in the new energy vehicles sector in the age of the Belt and Road
Initiative
4. Truly a European company: a Chinese auto makers strategies
of Europeanization
5. Will COVID-19 bury dreams of some overland routes of
the Chinese Belt and Road Initiative?
6. Fighting monopolies: the Chinese
Belt and Road Initiative, India, and the competition for the marketplace of
international development
7. Strategic priorities for regional power
connectivity in Asia in the overlapping of subregional initiatives and
Chinas global energy interconnection
8. Strategic responses of regional
economic organizations to the Chinese Belt and Road Initiative: the cases of
ASEAN, EAEU, and EU
Filip De Beule is Associate Professor of International Business at the Department of Management, Strategy and Innovation at the Faculty of Economics and Business at KU Leuven University. His main research interests focus on grand challenges and the interlink between international business and policy and include topics on the international location and organization of firms.
Philippe De Lombaerde is Director at the United Nations University Institute on Comparative Regional Integration Studies (UNU-CRIS) (Bruges, Belgium), and Associate Professor of International Economics at Neoma Business School (Rouen, France). His research interests include international trade, regional economic integration, comparative regionalism, and globalization and regionalization indicators.
Haiyan Zhang is Associate Professor of International Business at the Department of Strategy and Entrepreneurship at NEOMA Business School (France). His research interests include international business activities of Chinese and overseas Chinese-owned enterprises, management issues of international joint ventures in transition economies, Chinese outward FDI in Europe, EUChina FDI relations, and related issues.
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