Belt and Road

The Belt and Road Initiative (BRI) is one of the most talked about yet little understood policy initiatives of the Peoples Republic of China. This book offers a comprehensive, balanced and policy-oriented assessment of the BRIs first ten years and what it has meant for the worlds businesses, polities and societies. The authors explore Chinas role as a globally significant source of development finance and investment capital, and examine the political, economic, normative, environmental and social implications of its increased presence in the world. Aimed at researchers and academics, business professionals and policy analysts, as well as informed readers, the book seeks to answer some of the most pressing questions that Chinas rising economic presence in global markets poses: how is the BRI organized? Is it Chinas grand strategy? Is it green, is it corrupt, and what are its social effects? Is there even a future for the BRI in a world beset by new uncertainties? The book offers a sober analysis of the most prevalent narratives that cast China as a "threat" and as an "opportunity" and considers the specific challenges that it presents for the liberal international order.