Since China's Belt and Road Initiative (BRI) was announced almost a decade ago, circumstances in global politics have changed radically. The trade war between the United States and China, and most recently the Covid-19 pandemic have caused a partial reshuffling of the international economic...

Drawing on global media reports, we conduct a sentiment analysis of the image of China's Belt and Road Initiative (BRI) and the evolution of its image over time. Our main finding is that perceptions of the initiative deteriorated significantly in many geographies from 2017 to 2022. The notable...

Due to the geographical location of the Central Asian countries and Kyrgyzstan, which do not have direct access to the sea, there is a dependence on the transport route via Kazakhstan, Russia, and Belarus to trade goods with the European market. The Chinese BRI project would offer an alternative...

Armenia has already signed some agreements with China to participate in the BRI project while no concrete measures are financed by the initiative. But what are the economic advantages and disadvantages of the BRI? While funding of some for Western financiers unattractive projects by China is a...

As the largest-ever infrastructure project, China’s Belt and Road Initiative (BRI) is expected to reshape the global economy for the coming decades. This paper provides the first analysis of BRI's effects on financial markets and real economic activity in Europe. It exploits the opening of a...

Foreign infrastructure investments tend to increase cross-border economic activity between investor and recipient countries. We question whether such an increase comes at the expense of trade with third-party countries (a “zero-sum hypothesis”), or whether the infrastructure investment leads...

Using data of 120 Chinese securities companies from 2008 to 2019, we investigate the mechanisms and financial risk of Chinese financial agencies involved in the bond issuance of the Belt and Road Initiative (BRI). We find that the BRI reshapes regions’ investment patterns and incents bond...

Schon vor der Corona-Pandemie belasteten finanzielle und geopolitische Probleme die "Neue Seidenstraße": Chinas Gesamtinvestitionen gehen seit Jahren zurück, wichtige Bauprojekte sind unrentabel, die Partner in Ost- und Südosteuropa wenden sich ab, und umweltschädliche Vorhaben stoßen...

This paper aims at investigating whether and how the intensity of trade between a pair of countries changes when they experience improvements in their infrastructural systems. We carry out our analysis considering countries participating in the Belt and Road Initiative (BRI), a project...

Schon vor der Corona-Pandemie belasteten finanzielle und geopolitische Probleme die "Neue Seidenstraße": Chinas Gesamtinvestitionen gehen seit Jahren zurück, wichtige Bauprojekte sind unrentabel, die Partner in Ost- und Südosteuropa wenden sich ab, und umweltschädliche Vorhaben stoßen...

This paper examines political and economic dimensions of the Russia-China relationship, with an emphasis on Russia's involvement in Beijing's Belt and Road Initiative (BRI). Being the largest, and trans-continental, Eurasian country, Russia occupies an important place in China's BRI. The current...

Aim/purpose - This paper aims at determining the role of Poland in the Belt and Road Initiative (BRI) and identifying an alternative course of the trail. However, there are still many variables that can significantly affect the extent of Poland’s participation in BRI....

There is a growing body of work examining the benefits, drawbacks, and consequences of China’s Belt and Road Initiative (BRI), and given China’s global ascendance, the BRI is expected to have a significant impact on a vast and geopolitically important region.The simple fact is that India is...

Although increasing literature has evaluated the benefits, drawbacks, and consequences of the BRI, few academics investigated the potential influence of the program on international and regional advantages and disadvantages. But it is true that the BRI projected to have an influence on a huge...

Lange galt China als eine Art sanfter, schlafender Riese. Zwar war das politische System und dessen Menschenrechtsverletzungen nur schwer vereinbar mit westlichen demokratischen Werten, doch man setzte auf das Prinzip "Wandel durch Handel". China würde sich mit steigendem Wohlstand schon...

"Italy's officially joining the China-led Belt and Road Initiative sparked a fierce debate. By analysing five fields of cooperation, the volume sheds light on whether the bilateral agreement has brought about an intensification of bilateral collaboration as wished by the Italian government at...

This report examines key aspects of the European Union-China economic relationship, including trade, investment and China’s key strategic project overseas, the Belt and Road Initiative (BRI). We conclude that China is, and will continue to be, a major trade and investment partner for EU...

Belt and Road Initiative (BRI), announced in 2013 and formalized in 2015, is China's long-term commitment and aims to improve connectivity within Asia as well as between Asia and other continents via transport corridors (rail, road, maritime, air) and deeper economic, political, and cultural...

This study provides a comprehensive comparative analysis of the business environment in six South Asian countries, Afghanistan, Bangladesh, India, Nepal, Pakistan, and Sri Lanka, to examine whether business regulatory requirements in these countries hinder them from fully benefiting from BRI...