Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/247876 
Title (translated): 
China's Belt and Road Initiative is changing
Authors: 
Year of Publication: 
2021
Citation: 
[Journal:] Wirtschaftsdienst [ISSN:] 1613-978X [Volume:] 101 [Issue:] 11 [Publisher:] Springer [Place:] Heidelberg [Year:] 2021 [Pages:] 901-905
Publisher: 
Springer, Heidelberg
Abstract: 
Schon vor der Corona-Pandemie belasteten finanzielle und geopolitische Probleme die "Neue Seidenstraße": Chinas Gesamtinvestitionen gehen seit Jahren zurück, wichtige Bauprojekte sind unrentabel, die Partner in Ost- und Südosteuropa wenden sich ab, und umweltschädliche Vorhaben stoßen zunehmend auf Widerstand. Seit 2020 bieten wohlhabende Demokratien verstärkt Alternativen, und auch die Volksrepublik stundet Schulden. Xi Jinping forciert daher neben dem 'BRI Green Partnership' vor allem die "Digital Silk Road" und "China Standards 2035", also globale Technologie- und Normierungsprojekte.
Abstract (Translated): 
Even before the coronavirus pandemic, financial and geopolitical problems were weighing on the 'New Silk Road': China's overall investment has been declining for years, key construction projects are unprofitable, partners in Eastern and Southeastern Europe are turning away, and environmentally harmful projects are increasingly meeting resistance. Since 2020, affluent democracies reinforce alternatives and the People's Republic also defers debt. In addition to the "BRI Green Partnership", Xi Jinping is therefore pushing the "Digital Silk Road" and "China Standards 2035", i. e. global technology and standardisation projects.
JEL: 
F21
O22
O53
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.