Chinese Business and the Belt and Road Initiative
- Available for pre-order. Item will ship after September 27, 2021
This book looks at how Chinese companies optimize investment opportunities while implementing the Belt and Road (B&R) Initiative. Specifically, it studies five high-profile infrastructure projects undertaken by Chinese firms. Going in-depth through case-study analysis, this book fills a gap by providing the background stories of these projects.
By applying a case study approach to five notable and representative B&R projects including Hambantota Port, Port de Djibouti, and China-Belarus Industrial Park, it is found that Chinese firm strategies to implement the B&R Initiative have been designed to achieve property rights security, reduction of transaction costs, and internalization of overflow benefits from expanded business scope or multiple business lines.
With first-hand data from host stakeholders and on-ground project managers, this book is a highly relevant and valuable text for policy makers and researchers hoping to understand the policy impact and implications of B&R investments on targeted countries
Table of Contents
1. Introduction 2. Silk Roads History and Case Country Institutional Dynamics 3. Profile of Case Actors and Cases 4. CMPorts’ Investments in Sri Lanka 5. China Merchants’ Investments in Djibouti 6. China Merchants' Investment in Belarus 7. Cross-Case Generalizations and Policy Implications 8. Chinese Firms' Institutional Strategies 9. Generalizations and Implications of Chinese Firms’ Institutional Strategies 10. Conclusion
Jerry Zhang has been an investment professional for the past decade. He was previously an investment banker in New York and Hong Kong for 15 years. He obtained his Doctor of Business Administration degree from City University of Hong Kong in 2020 and his MBA from the University of Chicago in 1994.