Silk Road economic belt: China’s Marshall plan, pivot to Eurasia or China’s way of Foreign Policy

Antonina Habova

Abstract


People's Republic of China is back to the geopolitical map of the world. As China becomes stronger economically, Chinese interests become increasingly global and diverse, Chinese foreign policy – more assertive.

Obama’s ‘pivot to Asia’ gives a new impetus to China’s westward diplomacy. The concept of a “Silk Road Economic Belt” put forward by President Xi Jinping in 2013 challenges the regional but also global geopolitical landscape. ‘Labelling’ and evaluating, however, the initiative through the prism of the Western perception of world politics will certainly distort the analysis and lead to wrong political decisions.

Index Terms: China, geopolitics, Eurasia, SCO

JEL: F5, H5 


Full Text:

2015-1-10

References


Ministry of Foreign Affairs of the People’s Republic of China (2013). President Xi Jinping Delivers Important Speech and Proposes to Build a Silk Road Economic Belt with Central Asian Countries. http://www.fmprc.gov.cn/mfa_eng/topics_665678/xjpfwzysiesgjtfhshzzfh_665686/t1076334.shtml

Ministry of Foreign Affairs of the People’s Republic of China (2015) Foreign Minister Wang Yi Meets the Press, http://www.fmprc.gov.cn/mfa_eng/zxxx_662805/t1243662.shtml

The 21st Century maritime Silk Road Initiative is proposed also by China in 2013.

China – Pakistan Economic Corridor is a Chinese initiative aimed at building infrastructure, enhancing transportation and trade and increasing cooperation in the energy field between China and Pakistan.

The Bangladesh–China–India–Myanmar Forum for Regional Cooperation (BCIM) is a sub-regional organisation of the four countries aimed at greater integration of trade and investment.

Xinhua News Agency (2015). China's 40-bln-USD Silk Road Fund starts operation, http://news.xinhuanet.com/english/china/2015-02/16/c_134000494.htm

Kynge, J. and Noble, J. (2014) China: Turning away from the dollar. The Financial Times

http://www.ft.com/intl/cms/s/0/4ee67336-7edf-11e4-b83e-00144feabdc0.html#axzz3SeP1qbEV

The founding members that have already signed the Memorandum of Understanding on establishing the AIIB are: Bangladesh, Brunei, Cambodia, China, India, Kazakhstan, Kuwait, Laos, Malaysia, Maldives, Mongolia, Myanmar, Nepal, New Zealand, Oman, Pakistan, the Philippines, Qatar, Saudi Arabia, Singapore, Sri Lanka, Tajikistan, Thailand, Uzbekistan and Vietnam. The aim of AIIB is to finance infrastructure in the region and promote regional interconnections.

Finkelstein, D. China Reconsiders its National Security: The Great Peace and Development Debate of 1999, Alexandria, Va.: CAN Corporation, 2000.

Zhao, S. Chinese nationalism and its international orientations, “Political Science Quarterly”, Vol. 115, No. 1, Spring 2000, p. 31.

Liqun, Zhu (2010) China’s Foreign Policy Debates, Institute for Security Studies, September 2010, p. 18

Xinhua News Agency (2013) Xi Jinping: China to further friendly relations with neighboring countries, http://news.xinhuanet.com/english/china/2013-10/26/c_125601680.htm

The concept of harmony (Hexie) is the core value of Chinese traditional culture as far as Chinese foreign policy and diplomacy are concerned. It describes not an ideal world of a completely harmonious society that does not exist. It stresses the pursuit of coexistence while respecting differences. A more precise English translation of Hexie would be “appropriate”—meaning that conflicts should be resolved through the appropriate channels according to the laws, truths, and principles to ensure that balance is maintained.

Zhang, L. (2013) China’s Traditional Values and Modern Foreign Policy. Carnegie-Tsinghua Center for Global Policy, http://carnegietsinghua.org/2013/01/15/china-s-traditional-values-and-modern-foreign-policy/f26v

Swaine, M. (2014) Chinese Views and Commentary on Periphery Diplomacy. Washington, DC: Carnegie Endowment for International Peace. 28 July 2014, http://carnegieendowment.org/files/clm44ms.pdf

Pan, Z. (2010) Managing the conceptual gap on sovereignty in China–EU relations, Asia Europe Journal, July 2010, Volume 8, Issue 2, p. 228.

Ekman, A. (2012) China’s Two-Track Foreign Policy. IFRI, Paris: Asie.Vision No 58, p. 8.

Xinhua News Agency (2014) President Xi stresses Xinjiang's stability vital to whole nation, http://news.xinhuanet.com/english/china/2014-04/30/c_133302106.htm

Хънтигтън, С. Сблъсъкът на цивилизациите и преобразуването на световния ред, “Обсидиан”, С., 1999, с. 335.

U.S. Department of State. U.S. Support for the New Silk Road, http://www.state.gov/p/sca/ci/af/newsilkroad/

Кисинджър, Х. (2012) За Китай. София: Книгоиздателска къща „Труд”, с. 31.

Zhang, L. (2013) China’s Traditional Values and Modern Foreign Policy. Carnegie-Tsinghua Center for Global Policy, http://carnegietsinghua.org/2013/01/15/china-s-traditional-values-and-modern-foreign-policy/f26v

Panda, A. (2013) China’s Pivot West. The Diplomat. http://thediplomat.com/2013/10/chinas-pivot-west/.

Xinhua News Agency (2015) China Voice: “Belt and Road" not reaction to U.S. Pivot to Asia, http://news.xinhuanet.com/english/china/2015-02/13/c_133994224.htm

Tiezzi, Sh. (2014) The New Silk Road: China's Marshall Plan? The Diplomat. 4, http://thediplomat.com/2014/11/the-new-silk-road-chinas-marshall-plan/

Bordachev, T. (2014) Eurasian Russia in the twenty-first century. In Liik, K. (ed.) Russia’s Pivot to Eurasia. London: European Council on Foreign Relations. p. 26.

Послание Президента Федеральному Собранию. Москва, Кремль, 12 декабря 2013 года, http://www.kremlin.ru/news/19825

Trenin, D. (2014) The Ukraine Crisis and the Resumption of Great-Power Rivalry. Moscow: Carnegie Moscow Center, http://carnegieendowment.org/files/ukraine_great_power_rivalry2014.pdf

Rosneft Information Division (2014) Rosneft and CNPC Signed a Framework Agreement on the Purchase of 10% Share Stake of Vankorneft. Moscow: Rosneft, http://www.rosneft.com/news/pressrelease/09112014.html

Ministry of Foreign Affairs of the People’s Republic of China (2013). President Xi Jinping Delivers Important Speech and Proposes to Build a Silk Road Economic Belt with Central Asian Countries, http://www.fmprc.gov.cn/mfa_eng/topics_665678/xjpfwzysiesgjtfhshzzfh_665686/t1076334.shtml

Xinhua News Agency (2015) Chronology of China's "Belt and Road" initiatives, http://news.xinhuanet.com/english/china/2015-02/05/c_133972101.htm

Ministry of Foreign Affairs of the People’s Republic of China (2015) Foreign Minister Wang Yi Meets the Press, http://www.fmprc.gov.cn/mfa_eng/zxxx_662805/t1243662.shtml

Huasheng, Z. (2013) The Silk Road Project and Strategic Interests of Russia and China. Moscow: Russian International Affairs Council, http://russiancouncil.ru/en/inner/?id_4=2884#top

Trenin, D. (2014) The Ukraine Crisis and the Resumption of Great-Power Rivalry. Moscow: Carnegie Moscow Center, http://carnegieendowment.org/files/ukraine_great_power_rivalry2014.pd

Бжежински, Зб. (2012) Стратегическата визия. София: Обсидиан, с. 173.

Ministry of Foreign Affairs of the People’s Republic of China (2015) Foreign Minister Wang Yi Meets the Press, http://www.fmprc.gov.cn/mfa_eng/zxxx_662805/t1243662.shtml


Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.

ISSN 1313-4787 (Print)
ISSN 2367-5403(Online)