Management And Sustainability In The Belt And Road

China’s Belt and Road Initiatives (BRI) is an ambitious infrastructure project conceived in 2013 by President Xi Jinping with development and investment initiatives stretching from Asia and Europe that reflect the original Silk Road with business networks through countries such as Afghanistan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan, as well as India and Pakistan, spanning a route of more than 4,000 miles and history that can be dated back more than 2,200 years. Given the background of China’s unique approach in fighting COVID-19, and against the backdrop of sluggish economic growth, innovation, and management, sustainable development of BRI will be the key and the driving force for the post-pandemic economic recovery of many countries, especially as BRI countries now account for nearly 30% of China’s foreign trade and 15% of outward direct investment. The vision to create a vast network of railways, energy pipelines, highways, and streamlined border crossings to expand the international use of Chinese currency and improve connectivity to China is good foresight and proved fortuitous when the COVID-19 pandemic came to plague the world, and amid the conflicts between the United States and China as well as the war between Russia and Ukraine. Since the inception of BRI, many books have been written to cover topics ranging from globalization to detailing how China’s business and politics are a major motivation for China’s overseas economic activities with case studies and practices, yet few of these books provide a structured approach to the sustainable management of BRI projects. This book is about how to manage the innovation, sustainability, and business necessary to make BRI work and how to handle the issues, problems, and crises that may arise in the process. Participants of BRI projects can take on many different roles, but ultimately, it is team effort and leadership that creates successful projects. Here, readers will find guidelines and insights to survive and prosper in a myriad of BRI opportunities and risks. Most important of all, this book provides a glimpse of different approaches for success in BRI projects, including sustainability, environmental issues, social and political aspects, technology, choice of industry, project management, education and training, governance, and many more.

Can China’s Belt and Road Initiative (BRI) promote sustainable development, alongside its primary aims of increasing commercial connectivity with China’s partners? In discussions of the BRI the focus has tended to be on the implications for infrastructure construction, connectivity, and economic diplomacy. Rather less attention has been paid to its potential impact on sustainability. The initiative has not only set principles to prevent climate change and promote sustainable development, but also pledged to align with the UN’s environmental objectives. The contributors to this volume describe and evaluate the consequent policy coordination in the areas of green finance, green energy, and sustainable development in the Belt and Road regions. They examine both the challenges and opportunities of these projects, and the role that Hong Kong can play in supporting their assessment, finance, and implementation. With contributions from authors based in mainland China, Hong Kong, Australia, Qatar, the UK, and the US – with experience in corporate social responsibility, international finance, environmental policy, and international relations – this book presents a thorough and rigorous analysis of the green side of the BRI. A valuable resource for scholars of the BRI and its many implications for China, its partners, and the development of sustainable infrastructure.

This timely book offers a critical account of key governance challenges of the Belt and Road Initiative (BRI). Illustrating China's efforts to expand its idea of a sustainable eco-civilization, thereby 'greening' the BRI, it explores the disputes that have emerged from this process and subsequent complications resulting from geopolitical competition. R. James Ferguson presents a critical analysis of China's Green BRI, discussing the environmental impact of BRI corridors and its overall importance in harmonising the twin policy agendas of human development and environmental preservation. The author evaluates security and geopolitical challenges for the BRI in the context of China's new globalism and emerging asymmetric co-governance. Demonstrating the need for improved governance of the BRI for a sustainability transition in global affairs, Ferguson suggests a range of strategies to compete with, complement or transform the BRI into a more multilaterized Green BRI. This cutting-edge book is crucial reading for academics and researchers in political science and international relations focusing on contemporary Chinese governance and the significance of sustainable development for the BRI. Its unique practical insights and policy recommendations will also benefit policy advisors and environmental organizations that are engaging with green governance issues.

This is an Open Access book. In accordance with the 2030 Agenda for Sustainable Development, it showcases 17 projects under the framework of Belt & Road Initiative (BRI). These projects cover ninefields, namely, biodiversity and ecosystem, clean energy, clean water, sustainable transportation, solid waste treatment, sustainable consumption and production, green buildings, sustainable foodproduction and corporate social responsibility. Aiming at achieving green development, these projects, in their implementation, adhere to the concept of ecological civilization, combine China’s strict environmental protection systems and international standards, and take various measures of environmental protection based on the conditions of the local environment. These measures include joint efforts with local governments, businesses and communities, optimizating of design and construction plans, strict controling over different types of pollutants, and in situ conservation of species and ecosystems.The experience and practice of these 13 projects set an example for the latecomers.

This book systematically discusses the contribution of the Belt and Road Initiative (BRI) to China’s transition from an emerging to an advanced economic and financial system after more than five years. From a historical perspective, it explains to what extent the BRI plan is effective enough to help China bounce back from its economic slowdown and the financial implications in a policy trilemma context. Further, it investigates both the rationale of the BRI and its pitfalls, focusing on the various options for financing the project based on the Mundell & Fleming model. The book also analyses the impact of the BRI as well as possible policy options to deal with China’s policy trilemma in a structurally more balanced “new normal” economic growth model. Lastly, it reviews the financial stability issues concerning liberalization policies in China.

China’s Belt and Road Initiative (BRI) is expected to be the largest infrastructure development scheme of the twenty-first century. There is escalating concern over BRI’s potential environmental impacts in Southeast Asia, a global biodiversity hotspot and a focus area of BRI development. Case studies of Indonesia, Myanmar, Lao PDR and Malaysia show that the success of BRI in bringing about sustainable growth and opportunities depends on the Chinese government and financiers, as well as the agencies and governments involved when BRI investments take place. The adoption of best environmental practices is critical in ensuring that growth is sustainable and that bad environmental practices are not locked in for decades to come.

China's President Xi Jinping launched the Belt and Road Initiative (BRI) in 2013. The BRI is promoted as a way for win-win cooperation that promotes common development and prosperity. Since the introduction of BRI, China organised the inaugural One Belt One Road Summit and the Second Belt and Road Forum to spur the implementation of the Initiative.President Xi emphasised that the Belt and Road projects should uphold the principles of shared benefits and joint contributions to realise the vision of a high-quality, open, green and clean BRI. Host countries can possibly gain from China's greenfield manufacturing investments to expand the BRI markets.Contributed by academics and business professionals from Asia, Europe and Africa, the chapters discuss the contemporary people, business, civil society and government developments related to the BRI and explore Health, Environment and Security (HES) challenges that confront the Initiative. This volume shows how a host country can leverage on China's investment without losing the nation's interest.

This open access book is based on the research outputs of China Council for International Cooperation on Environment and Development (CCICED) in 2020. It covers major topics of Chinese and international attention regarding green development, such as climate, biodiversity, ocean, BRI, urbanization, sustainable production and consumption, technology, finance, value chain, and so on. It also looks at the progress of China's environmental and development policies,and the impacts from CCICED. This is a highly informative and carefully presented book, providing insight for policy makers in environmental issues.