Centering on the investment and financing infrastructure of China’s Belt and Road Initiative (BRI), this book puts forth the basic principles and general objectives of constructing a new investment and financing system of this magnitude. Beginning with a succinct analysis of the practical issues faced while developing the BRI’s investment and financing system, the author puts forward several approaches to optimizing and reestablishing the system for the further advancement of investment and financing among and beyond the Belt and Road countries. Topics include credit rules, management and control systems, investment protection, dispute settlement and risk assessment while establishing a new mechanism that helps resolve debt defaults, checks for potential corruption and bribery, fosters new growth, and enhances information transparency. The book will be a practical reference for researchers interested in the Belt and Road Initiative and world investment and finance, as well as policymakers, financial institutions and enterprises relevant to the BRI.
Table of Contents
1. Genesis and Development of the Belt and Road Investment and Financing 2. Challenges Faced by the Belt and Road Investment and Financing 3. An Approach for Solving the Belt and Road Investment and Financing Issues 4. Reforming Existing Credit Rules for the Belt and Road Initiative 5. Optimizing the Belt and Road Investment Protection and Dispute Settlement Mechanisms 6. Strengthening the Belt and Road Investment and Financing Risk Assessment and Early Warning 7. Building a New Mechanism for Resolving Debt Defaults in the Belt and Road Investment and Financing 8. Stepping up the Fight against Corruption and Commercial Bribery in the Belt and Road Investment and Financing 9. Making the Belt and Road Investment and Financing Information Public and Transparent 10. Pushing Renminbi Internationalization to Inject New Growth Momentum into the BRI 11. Improving Other Areas of the Soft Environment
XIAO Gang previously served as Chairman of the China Securities Regulatory Commission and Chairman of the Bank of China. He has engaged in monetary policy making and financial supervision for years, and has a profound insight into China's macroeconomic and financial reform and development.