Abstract
This chapter examines the Silk Road Economic Belt initiative in the light of Chinese–EU relations. It reviews the initiation of the Silk Road project and focuses on its political and economic analysis through investigating the potential routes that the belt can take, the EU–Chinese trade and investment standings, and the global political context that the increased cooperation and connection is likely to influence. It uses the modern Silk Road concept as an example of China’s foreign policy in the wake of globalization and the emergence of a new multiple world order. To set the stage, the chapter begins with a political–economic approach to the new Silk Road . Highlighting the possibilities of Chinese high culture, which accommodates global governance , we argue that the modern Silk Road project is one of its materialized forms.
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Notes
- 1.
Pier I remained in the ownership of the Greek state-owned Piraeus Port Authority.
- 2.
The Chinese, Hungarian, and Serbian Prime Ministers decided in November 2013 to reconstruct the Budapest–Belgrade railway from Chinese capital. In September 2015, the Hungarian Prime Minister Viktor Orbán empowered his ministers to finalize the construction plan with the People’s Republic of China.
- 3.
van der Putten and Meijnders (2015), p. 8.
- 4.
Vangeli (2015), p. 24.
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Sárvári, B., Szeidovitz, A. (2018). Political Economics of the New Silk Road . In: Cheng, Y., Song, L., Huang, L. (eds) The Belt & Road Initiative in the Global Arena. Palgrave Macmillan, Singapore. https://doi.org/10.1007/978-981-10-5921-6_8
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