This timely book offers revealing insights into the changing role of China in world governance as exemplified by the Silk Road Initiative, the People’s Republic’s first published major initiative for external affairs. Focusing on various aspects of the Silk Road Initiative, particularly those that are largely neglected in current discussions, including culture and philosophy, finance and investment, environmental protection and social responsibility, judiciary and lawyers, the authors explore a wide range of contexts in which China’s role as an emerging power in international relations and international law is examined. In the current era of ever-increasing populism, protectionism and challenges to globalization, the authors explore the Chinese philosophy underpinning Chinese norms of regional and international development. Bearing in mind the political and economic uncertainties hampering the establishment of such norms, the authors offer crucial insights into how the Silk Road Initiative could or should be developed and regulated.Given its depth of coverage, the book is an indispensable read for anyone interested in the Initiative and its social-legal implications.

International business strategies orbit around the idea of strengthening partnerships with other countries. Developing new and innovative opportunities to connect neighboring countries bodes well for those countries and the entire world. The Belt and Road Strategy intends to do just that by strengthening partnerships and constructing a comprehensive and multilevel interconnected network to achieve pluralistic, independent, balanced, and sustainable development. The Belt and Road Strategy in International Business and Administration is a vital collection of information that discusses one of most important programs embodying economic, regional, and political demands in the Asian and European environment. Featuring research on topics such as business development, business law, and multinational enterprise, this book is ideally designed for government officials, professionals, researchers, students, and professors seeking coverage on the theoretical and practical contributions of international business.

This book is among the first to systematically analyze and discuss the Chinese government's“One Belt, One Road” initiative to promote infrastructure investment and economic development, bringing together a diverse range of scholars from China, Russia, and Eastern Europe. The book assembles a package of next generation ideas for the patterns of regional trade, investment, infrastructure development, or next steps for the promotion of enhanced policy coordination across the Eurasian continent and strategic implications for EU, Russia and other major powers, introducing innovative ideas about what these countries across belt and road can do together in the eyes of the young generation. This book will be of interest to scholars, economists, and interested observers of the international impact of Chinese development.

This book argues that China’s Belt and Road Initiative should be seen more as a geopolitical project and less as a global economic project, with China aiming to bring about a new Chinese-led international order. It contends that China’s international approach has two personas – an aggressive one, focusing on a nineteenth century-style territorial empire, which is applied to Taiwan and the seas adjacent to China; and a new-style persona, based on relationship building with the political elites of countries in the Global South, relying on large scale infrastructure projects to help secure the elites in power, a process often leading to lower democratic participation and weaker governance structures. It also shows how this relationship building with elites leads to an acceptance of Chinese norms and to changes in states’ geopolitical preferences and foreign policies to align them with China’s geopolitical interests, with states thereby joining China’s emerging international order. Overall, the book emphasises that this new-style, non-territorial “empire” building based on relationships is a major new development in international relations, not fully recognised and accounted for by international relations experts and theorists.

This book argues that China’s international socialization of the political elites of Belt and Road Initiative (BRI) partner states is an exceptionally effective instrument of China’s current foreign policy. It shows how the BRI-related process of socialization generates shared beliefs in the legitimacy and therefore in the acceptability of a Chinese international order among target elites and how in turn the policies and actions of states controlled by these elites tend to become aligned with the norms ‘taught’ by the Chinese socializer. It goes on to show how this serves the interests of China’s government, firms, and citizens at national, regional, and global levels; and how the resulting increased support for Beijing’s version of the international order creates a virtuous circle that further enhances China’s international position and potential.

This book sets out to analyze how the OBOR initiative will influence the world’s geo-political and geo-economic environment, with specific regard to the ‘Belt and Road’ countries and regions. It evaluates what opportunities the OBOR can offer them in light of the constraints they face, paying particular attention to how security issues may keep some nations from fully participating. Questions are also asked about the tension and conflict along the ‘Belt’ and ‘Road’, which, after all takes in the Middle East’s most tumultuous regions, as well as the much disputed South China Sea. Finally, consideration is given as to how the world’s other economic powers will react when the OBOR inevitably brings about capital and resource competitions.