China's Belt and Road Initiative, the Eurasian Landbridge, and the New Mega-Regionalism

China's Belt and Road Initiative, the Eurasian Landbridge, and the New Mega-Regionalism

Richard Pomfret

$70.00

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Description

This contribution to the World Scientific series on the Belt and Road Initiative focuses on the overland connections west from China, the Silk Road Economic Belt component of the BRI. It emphasizes the economic underpinning of the Belt in the market-driven creation of the Eurasian Landbridge and the linking of regional value chains. A fundamental economic driver behind this is the twenty-first century evolution of international value chains, in which China plays a major role, and their transformation by new trade technologies. Finer fragmentation of production and wider scanning for participants in value chains underlie the need for common, preferably global, regulation of new trade technologies and the emergence of mega-regional trade agreements (and China's response to such agreements).

Thus, the Eurasian part of the Belt and Road Initiative must be seen in conjunction with China's growing role in the twenty-first-century global economy. Especially since the 2016 US presidential election, these connections have become entwined with China's reactions to criticisms of the Belt and Road Initiative and China's recognition of the benefits of more nuanced economic diplomacy to find common ground with other economic powers, notably the European Union and signatories of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

Contents:
  • Introduction
  • Asian Supply Chains and Asian Regionalism
  • The Eurasian Landbridge
  • From the Silk Road Economic Belt to the Belt and Road Initiative
  • The Digital Revolution and International Trade
  • From Singapore Issues to Mega-Regional Trade Agreements
  • The BRI and the New Trade Environment
  • Looking Forward

Readership: Academics, policymakers, undergraduate and graduate students interested in China's Belt and Road Initiative, Asia-Europe collaboration, global value chains, Asian regionalism, globalization.Belt and Road Initiative;Eurasia;International Trade;Global Value Chains;Digitalization;E-commerce;Asian Regionalism;Globalization;China00


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