Regional Connection under the Belt and Road Initiative: The Prospects for Economic and Financial Cooperation, 1st Edition (Hardback) book cover

Regional Connection under the Belt and Road Initiative

The Prospects for Economic and Financial Cooperation, 1st Edition

Edited by Fanny M. Cheung, Ying-yi Hong

Routledge

280 pages

Book Content Available Open Access*
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*Open Access content has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) license

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Chapter 5 of this book is freely available as a downloadable Open Access PDF under a Creative Commons Attribution-Non Commercial-No Derivatives 3.0 license. https://s3-us-west-2.amazonaws.com/tandfbis/rt-files/docs/Open+Access+Chapters/9780429467172_oachapter5.pdf

China’s Belt and Road Initiative (BRI) is intended to radically increase investment and integration along a series of land and maritime routes. As the initiative involves more than 100 countries or international organizations and huge amounts of infrastructure construction, cooperation between many different markets is essential to its success. Cheung and Hong have edited a collection of essays that, between them, examine a range of practical issues facing the BRI and how those issues are being addressed in a range of countries. Such challenges include managing financing and investment, ensuring infrastructure connectivity, and handling the necessary e-commerce and physical logistics.

Emphasizing the role of Hong Kong as an intermediary and enabler in the process, this book attempts to tackle the key practical challenges facing the BRI and anticipate how these challenges will affect the initiative’s further development. The book provides a holistic and international approach to understanding the implementation of the BRI and its implications for the future economic integration of this huge region.

Table of Contents

Preface

Part 1: Retrospect and Evaluation

1. Silk Roads and the Centrality of Old World Eurasia (Gungwu Wang)

2. Progress on the Belt and Road Initiative: A Four-Year Evaluation (Wen Wang, Jinjing Jia, Junyong Xiang, Ying Liu)

Part 2: Finance and Investment

3. Hong Kong as an Equity Financing Centre for the Belt and Road Nations (Kevin C. K. Lam, Heather M.F. Lee, Julia J. Liu and Stacy Z. Wang)

4. A Comparison of Investment Strategies of China and Japan in Infrastructure Projects in ASEAN (Cheung-kwok Law and Derek Yuen)

Part 3: Infrastructure Connectivity

5. China’s Belt and Road Initiative through the Lens of Central Asia (Roman Vakulchuk and Indra Overland)

6. The Belt and Road Initiative and Cambodia’s Infrastructure Connectivity Development: A Cambodian Perspective (Lak Chansok)

7. Economic Cooperation and Infrastructure Linkage between Malaysia and China under the Belt and Road Initiative (Chow-bing Ngeow)

Part 4: E-commerce and Logistics

8. E-commerce Readiness from Association of Southeast Asian Nations (ASEAN) to the Belt and Road Initiative (Kam-fai Wong, Chun-hung Cheng, and Waiman Cheung)

9. Maritime Logistics: Challenges and Opportunities in Asia Pacific Region in the Perspective of Belt and Road Initiative (Jai Acharya)

Part 5: Prospect and Challenges

10. Plotting the Future of the Belt and Road Initiative: Connections, Opportunities and Challenges (Peter Frankopan)

Index

About the Editors

Fanny M. Cheung is Pro-Vice Chancellor of the Chinese University of Hong Kong (CUHK), Co-Director of Hong Kong Institute of Asia-Pacific Studies, CUHK, Hong Kong and Co-Convenor of the Global China Research Programme, CUHK, Hong Kong

Ying-yi Hong is Associate Director of Hong Kong Institute of Asia-Pacific Studies, CUHK, Hong Kong and Co-Convenor of the Global China Research Programme, CUHK, Hong Kong.

About the Series

Routledge Studies on Asia in the World

Routledge Studies on Asia in the World will be an authoritative source of knowledge on Asia studying a variety of cultural, economic, environmental, legal, political, religious, security and social questions, addressed from an Asian perspective. We aim to foster a deeper understanding of the domestic and regional complexities which accompany the dynamic shifts in the global economic, political and security landscape towards Asia and their repercussions for the world at large. We’re looking for scholars and practitioners – Asian and Western alike – from various social science disciplines and fields to engage in testing existing models which explain such dramatic transformation and to formulate new theories that can accommodate the specific political, cultural and developmental context of Asia’s diverse societies. We welcome both monographs and collective volumes which explore the new roles, rights and responsibilities of Asian nations in shaping today’s interconnected and globalized world in their own right.

We are particularly interested in books that demonstrate interdisciplinary and holistic thinking; rigorous and creative research; cross-fertilization of Western and Asian thought; and/or a grass-roots approach.

While we are open to any exciting ideas for edited, single or co-authored work, we are currently inviting book proposals which address the following areas:

    • Global Governance in Asia
    • Dispute Resolution in Asia
    • Asia and International Peacekeeping
    • Human Rights in Asia
    • SustainableDevelopment Goals in Asia
    • Religion in Asia

If you have an idea for a new book in Routledge Studies on Asia in the World, please send a written proposal to the Editor in Chief:

Matthias Vanhullebusch matthias.vanhullebusch@gmail.com

Series Editors:

Dr. Matthias Vanhullebusch – Shanghai Jiao Tong University

Prof. Dr. Ji Weidong– Shanghai Jiao Tong University

Editorial Board:

Prof. Dr. Vinod K. Aggarwal – University of California, Berkeley

Prof. Dr. Jing Men – College of Europe

Prof. Dr. Yaqing Qin– China Foreign Affairs University

Prof. Dr. Javaid Rehman – Brunel University

Prof. Dr. Gurharpal Singh – School of Oriental and African Studies

Prof. Dr. R. Sudarshan – Jindal Global University

Prof. Dr. Nira Wickramasinghe – Leiden University

Prof. Dr. Lanxin Xiang – Graduate Institute of International and Development Studies

Prof. Dr. Simon Young – Hong Kong University 

Professor Danny Quah - National University of Singapore

 

Learn more…

Subject Categories

BISAC Subject Codes/Headings:
SOC053000
SOCIAL SCIENCE / Regional Studies