This timely book offers a critical account of key governance challenges of the Belt and Road Initiative (BRI). Illustrating China’s efforts to expand its idea of a sustainable eco-civilization, thereby ‘greening’ the BRI, it explores the disputes that have emerged from this process and subsequent complications resulting from geopolitical competition.

This timely book offers a critical account of key governance challenges of the Belt and Road Initiative (BRI). Illustrating China's efforts to expand its idea of a sustainable eco-civilization, thereby 'greening' the BRI, it explores the disputes that have emerged from this process and subsequent complications resulting from geopolitical competition. R. James Ferguson presents a critical analysis of China's Green BRI, discussing the environmental impact of BRI corridors and its overall importance in harmonising the twin policy agendas of human development and environmental preservation. The author evaluates security and geopolitical challenges for the BRI in the context of China's new globalism and emerging asymmetric co-governance. Demonstrating the need for improved governance of the BRI for a sustainability transition in global affairs, Ferguson suggests a range of strategies to compete with, complement or transform the BRI into a more multilaterized Green BRI. This cutting-edge book is crucial reading for academics and researchers in political science and international relations focusing on contemporary Chinese governance and the significance of sustainable development for the BRI. Its unique practical insights and policy recommendations will also benefit policy advisors and environmental organizations that are engaging with green governance issues.

This book studies the Chinese “Belt and Road Initiative” (BRI), also called "New Silk Road", and focuses on its regional and local effects. Written by experts from various fields, it presents a range of case studies on the geopolitical, socio-economic, ecological and cultural implications of the BRI for European regions and their stakeholders. The book is divided into four parts, the first of which discusses the history of and China’s motivations for the BRI. The second part explores the global phenomenon from a number of regional standpoints. In turn, the third part presents studies on the political, socio-economic, cultural and ecological implications of the New Silk Road project. The final part highlights the tourism prospects in connection with the Silk Road project, as tourism has established itself as an important economic sector in many regions along the historic Silk Road. This book will appeal to scholars of economics, international relations and tourism, decision-makers, managers, chambers of commerce and entrepreneurs with special interests in establishing collaboration with the Chinese market.

China’s New Silk Road initiative constitutes one of the most ambitious projects in recent decades designed to change the pattern of the global economic division of labour as well as the geostrategic balance of power. It has the potential to create a new fabric of industrial value creation that links China and East Asia via Central and South Asia with Europe, and to forge new regional and multilateral institutions that complement or compete with existing regional and global governance systems. First proposed in 2013, the new initiative is only now starting to be rolled-out, with trade relations gradually intensifying, and the first investment projects and infrastructure clusters becoming manifest. However, the full impact of the evolving new regional value chains on global goods flows, investment activity, supra-national institution building, as well as their wider international implications, remains undetermined. This book brings together leading scholars from economics, political science and area studies, who present the latest cutting-edge knowledge and the latest state-of-the-art economic and political analysis on how the new initiative is developing and likely to develop.