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5. The Belt and Road: China as the New Vanguard of Globalization

  • 2020
  • OriginalPaper
  • Chapter
Published in:
Author
Richard Javad Heydarian
Published in
The Indo-Pacific: Trump, China, and the New Struggle for Global Mastery
Publisher
Springer Singapore

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Abstract

The chapter provides a systematic and comprehensive overview of the strategic intentions and design of China’s Belt and Road Initiative (BRI). It looks at how infrastructure development has become the new anchor of geopolitical competition, and how varying motivations are simultaneously driving China’s megaproject of the twenty-first century, which is expected to redefine global infrastructure with Chinese characteristics. The chapter looks at how a combination of proactive industrial policy, the need for domestic economic rebalancing, and strategic interest in establishing footprints across global sea lines of communications is driving the BRI project. The chapter also provides an overview of criticisms and inherent limitations of China’s vision of a sino-centric global economic order.

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previous chapter Xi Must Be Obeyed: The New Peking Order
next chapter The New Cold War: Sleep-Walking into Great Power Conflict
Title
The Belt and Road: China as the New Vanguard of Globalization
Author
Richard Javad Heydarian
Copyright Year
2020
Publisher
Springer Singapore
Book
The Indo-Pacific: Trump, China, and the New Struggle for Global Mastery

Print ISBN: 978-981-13-9798-1

Electronic ISBN: 978-981-13-9799-8

Copyright Year: 2020

DOI
https://doi.org/10.1007/978-981-13-9799-8_5
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