Belt Road initiative(BRI):Global Strategy of Economic & Politic Made in China
DOI:
https://doi.org/10.33592/pelita.v22i1.2253Abstract
This article is a brief exploring of BRI (Belt Road Initiative) which is launched on 2013 in China and worked by double spearheads covered global economic and politic relationship of counterpart countries. By the record, BRI has 139 counterpart countries in the world. It shown quite succeed endeavor; since China achieve it in short time, relatively. Some highlight points of the exploring are the sense of initiative regarding to raise up historical memories of Silk Road and basic international trade theory of Comparative Advantage, which is innovated and applied on contemporary global economic and politic practices. At the eventually, this paper is concluded that BRI’s way is worth to be adopted as a model to build an advantage business strategy.
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(Eds.), China Champion of (Which) Globalisation (pp. 13–37). Milano, İtaly:
ISPI.
China Institute of International Studies. (2016).The Belt and Road Initiative and Its
Impact on Asia-Europe Connectivity. Available from
http://www.ciis.org.cn/english/2016- 07/21/content_8911184.htm
David, H. (2017). Malaysia Welcome OBOR but Keeps China at Arm’s-Length. World
Politics Review. Available from
http://www.worldpoliticsreview.com/trendlines/22091/malaysia-
welcomes-one-belt-one-road-but-keeps-china-at-arm-s-length
Eichengreen, B. (2018). Globalization with Chinese
characteristics.https://www.project-
syndicate.org/commentary/globalization-chinesecharacteristics-by-barry-
eichengreen-2018-08. Retrieved Dec 10, 2021
Haklai, M.(2021). Visualising Roman Institutional Environments for Exchange as a
Complex System in Verboven, K. (ed). Complexity Economics. Pp. 125 – 159.
Palgrave Macmillan. https://doi.org/10.1007/978-3-030-47898-8
Kar,B.B. & Egri,T. (2019). The China Model in the Global Economy. In Liu,W., Zang,Z.,
Chen,J.X., Tsai,S.B. (Eds). The Belt and Road Strategy in International
Business and Administration (pp. 1-27). IGI Global. DOI: 10.4018/978-1-5225-
8440-7.ch001
Lehmann, J. P., Buche, I., & Perrinjaquet, M. (2016). One Belt – One Road: China’s re-
Engineering of the Global Business Environment. IMD.
https://www.imd.org/research/insightsimd/one-belt-one-road-chinas-re-
engineering-ofthe- global-business-environment. Retrieved Nov 20, 2021
May, C., & Nölke, A. (2014). Capitalism in Large Emerging Economies and the New
Global Trade Order, in D. Desse (Ed.), Handbook of the International Political
Economy of Trade.
Cheltenham, UK: Edward Elgar. doi:10.4337/9781781954997.00028
Nambiar,V.K. (2020). The Belt and Road Initiative Post-April 2019: Plus ça Change!. ICS
OCCASSIONAL PAPER NO. 38. 1st
Published. Institute of Chinese Studies,
Delhi.
Nicolis, G., & Iya P. (1989). Exploring complexity: An introduction. New York: W. H.
Freeman, 1989.
Rolland,S.E., and Trubek,D.M. (2019). Emerging Powers in The International Economic
Order: Cooperation, Competition, and Transformation. Cambridge University
Press. First Published. DOI: 10.1017/9781316416020
Shamrat,A.S. & Ali,M.K. (2018). China‘s Strategic Partnership with Bangladesh in 21st
Century.
South Asia Journal. 2 April. https://southasiajournal.net/chinasstrategic-
partnership-with- Bangladesh-in-21st- century/. Retrieved Nov 10, 2021
Sedat B and Turgay B (2019) an Assessment of the Belt and Road Performance: Based
on the Case of Machinery Shipment From Shanghai to Rotterdam. In Liu,W., Zang,Z.,
Chen,J.X., Tsai,S.B. (Eds). The Belt and Road Strategy in International
Business and Administration (pp. 108 - 127). IGI Global. (DOI: 10.4018/978-1-
5225-8440-7.ch007)
Schumacher, R. (2012). Free Trade and Absolute and Comparative Advantage: A Critical
Comparison of Two Major Theories of International Trade. Universitätsverlag
Potsdam. pp. 51–52
Timmer, H., Bussolo, M., Gould, D. M., Letelier, R. A., Nguyen, T. C., Panterov, G.
L., Sanchez,
C. (2016). The impact of China on Europe and Central Asia. Europe and Central Asia
Economic Update. Washington, DC: World Bank Group
Wible,J.(2000). What is complexity? in Complexity and the History of Economic Thought:
Perspectives on the History of Economic Thought. Selected papers of “The
History of Economics Society Conference, 1998, edited by David Colander,
pp. 15–30. London: Routledge,
Yang, D., Pan, K., & Wang, S. (2017). On Service Network Improvement for Shipping
Lines Under the One Belt One Road Initiative of China. Transportation Research
Part E, Logistics and Transportation Review
Zhang, F. (2015). China as a Global Force. Asia & the Pacific Policy Studies, 3(1), 120–
128. doi:10.1002/app5.115
Bloomberg (2021). Sixth Belt and Road Summit draws to successful close. Retrieved
December 8,2021 from https://www.bloomberg.com/press-releases/2021-
09-03/sixth-belt-and-road-summit-draws-to- successful-close.
Center for Global Development (2018). China’s Belt and Road Initiative Heightens Debt
Risks in Eight Countries, Points to Need for Better Lending Practices. Retrieved
October 12,2021 from https://www.cgdev.org/article/chinas-belt-and-road-
initiative-heightens-debt-risks-eight-countries- points-need-better
CGTN News (2018). Black Cat White Cat. Retrieved December 3, 2022 from
https://news.cgtn.com/news/3d3d774d3349544f30457a6333566d54/share_p
.html
Council Foreign Relation1 (2021). Countries in China’s Belt and Road Initiative: Who’s In
and Who’s Out. Retrieved December 8, 2021 from
https://www.cfr.org/blog/countries-chinas-belt-and-road-initiative- whos
in and-whos-out
Council Foreign Relation2 (2021). Is ‘Made in China 2025’ a Threat to Global Trade?.
Retrieved October 12, 2021 from
https://www.cfr.org2/backgrounder/made-china-2025-threat-global-trade
International Monetary Fund (2021). World Economic Outlook Database: October 2021.
Retrieved December 12,2021 from
https://www.imf.org/en/Publications/SPROLLS/world-economic-
outlook- databases.
Silk Road (2021). Marco Polo and his travels. Retrived December 26, 2021 from
http://www.silk-road .com/artl/marcopolo.shtml.
World bank (2018). Three Opportunities and Three Risks of the Belt and Road Initiative
Retrieved December 10, 2021 from https://blogs.worldbank.org/trade/three-
opportunities-and-three- risks-belt-and-road-initiative
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Published
2024-05-08
How to Cite
Jim, H. Y. (2024). Belt Road initiative(BRI):Global Strategy of Economic & Politic Made in China. Pelita : Jurnal Penelitian Dan Karya Ilmiah, 22(1), 28–33. https://doi.org/10.33592/pelita.v22i1.2253
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