China is transforming from a big continental country to a strong maritime power, and its maritime strategy is playing an increasingly important role in China's overall foreign strategy.Since its inception, the 'One Belt and One Road Initiative' has been increasingly seen as the centerpiece of China's new grand strategy, with the 'One Road' — the establishment of a 'maritime silk road' — serving as the core. Building this '21st-century maritime silk road' will involve more than 20 countries and regions, and the proposal has been strongly welcomed and supported by most countries along the road, as it is seen not only as a new platform for mutually beneficial relationships economically, but also as a new mechanism for maritime security cooperation in the Pacific and the Indian Ocean.Drawing on the expertise of Chinese and international scholars, the book will focus on China's '21st-century maritime silk road' initiative, evaluate its strategic implication at home and abroad, and provide new proposals and perspectives for its future development.

The concept of a '21st-Century Maritime Silk Road' refers to the proposed modern-time version of the ancient Maritime Silk Road that connected China with the rest of Asia, and even parts of eastern Africa. It is a strategic initiative designed to increase investments in and foster collaboration among all countries along the ancient Silk Road. This volume, 21st-Century Maritime Silk Road Initiative: Aims and Objectives, Implementation Strategies and Policy Recommendations, presents the latest research findings on the directions and implementation methods related to the initiative, and contributors offer policy suggestions, include promoting effective macroeconomic policies, extending microeconomic cooperation schemes, removing trade barriers and facilitating financial integration, building infrastructures that can connect all subregions in Asia, and increasing people-to-people exchanges and industrial cooperation.

This book explores the opportunities and challenges that both Europe and Asia face under the framework of the 21st Century Maritime Silk Road Initiative. The 21st Century Maritime Silk Road Initiative (MSR Initiative), put forward by the Chinese government together with the Silk Road Economic Belt, reflects China’s ambition and vision to shape the global economic and political order. The first step and priority under the MSR Initiative, according to documents issued by China, is to build three ‘Blue Economic Passages’ linking China with the rest of the world at sea, two of which will connect China with Europe. This initiative, however, still faces enormous challenges of geopolitical suspicion and security risks. This book seeks to assess these risks and their causes for the cooperation between the Eurasian countries under the framework of MSR and puts forward suggestions to deal with these risks in the interdisciplinary perspectives of international relations and international law. Featuring a global team of contributors, this book will be of much interest to students of Asian politics, maritime security, international law and international relations.

This book delves into the political-economy of China’s Maritime Silk Road Initiative (MSRI), part of the larger Belt and Road Initiative (BRI), with a focus on Southeast Asia (SEA). It represents the second in a three-part book series on China’s MSRI. It discusses the state of the MSRI in various SEA countries such as Indonesia and Myanmar, highlights the international and domestic economic and political factors that shape individual SEA country’s embrace of China’s scheme, and examines the effects of China’s MSRI in individual SEA countries such as Cambodia and Malaysia. It also contemplates the role of third parties such as India and the United States on the behaviors of SEA countries and the implementation of the MSRI. It shows the MSRI is neither a boon nor bust and that the MSRI’s progress and effects are contingent on many factors requiring attention by those wanting to understand China’s mega initiative.

Much is being written about China’s new 'One Belt, One Road' initiative, but much of the writing focuses on China itself, on the destinations of the road – Europe and the Middle East – or on the countries through which the road passes, such as Central Asia. This book takes a different approach, assessing the views of East Asian and other countries on the Belt and Road Initiative, both from a transnational and multidisciplinary perspective. The book considers international visions and limitations of the New Silk Road as a new paradigm, explores economic and trade aspects, including infrastructure networks, financial mechanisms, and the likely impact for other countries and regions, and analyses the likely implications for regional and trans-regional cooperation and competition. Western and Asian regional perspectives on the New Silk Road, including from India, Pakistan, Southeast Asia and Japan are considered throughout the book.

This book brings together a diverse range of responses to China's Marine Silk Road Initiative, which proposes to redraw the map of Asia, particularly South Asia. China’s 21st Century Maritime Silk Road Initiative (MSRI) is a massive scheme to connect wide swaths of East, Southeast, South, and West Asia through a dense web of interconnected hard and soft infrastructure involving ports, roads, logistics facilities, special industrial zones, and free trade and investment agreements. This book will be invaluable for students of Chinese foreign security and foreign economic policy, those interested in South Asia including Indian foreign security and economic policy as well as Indian relations with China, those attentive to international economic developments in East and South Asia, and those interested in the political and economic situation in specific MSRI participant countries such as Pakistan, Maldives, and Sri Lanka as well as their political and economic relations with China.

This innovative book examines the maritime component of China’s Belt and Road Initiative (BRI), focusing on three key trade routes and addressing the question of how China protects its overseas assets. Gerald Chan explores China’s rising maritime power, using geo-developmentalism as a theoretical framework to analyse the country’s development of port facilities and infrastructure along important trade routes. Through developing these sea routes, he argues that a new global order is in the making.