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The Belt and Road: China as the New Vanguard of Globalization

  • Richard Javad Heydarian
Chapter

Abstract

The chapter provides a systematic and comprehensive overview of the strategic intentions and design of China’s Belt and Road Initiative (BRI). It looks at how infrastructure development has become the new anchor of geopolitical competition, and how varying motivations are simultaneously driving China’s megaproject of the twenty-first century, which is expected to redefine global infrastructure with Chinese characteristics. The chapter looks at how a combination of proactive industrial policy, the need for domestic economic rebalancing, and strategic interest in establishing footprints across global sea lines of communications is driving the BRI project. The chapter also provides an overview of criticisms and inherent limitations of China’s vision of a sino-centric global economic order.

Keywords

Belt and Road Initiative (BRI) Infrastructure Economic rebalancing 

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Copyright information

© The Author(s) 2020

Authors and Affiliations

  • Richard Javad Heydarian
    • 1
  1. 1.Visiting Research FellowNational Chengchi UniversityTaipeiTaiwan

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