The Year of the Rabbit will mark the 10th anniversary of the announcement of the Belt and Road Initiative(BRI). The initiative, first proposed by President Xi Jinping in 2013, has been a game changer in the Chinese in...The Year of the Rabbit will mark the 10th anniversary of the announcement of the Belt and Road Initiative(BRI). The initiative, first proposed by President Xi Jinping in 2013, has been a game changer in the Chinese interaction with the rest of the world. It is a symbol of the centrality of Asia in the world economy in the 21st century.展开更多
This paper analyzes the impact of the Belt and Road Initiative on Europe with a specificfocus on ltaly. We concentrate on the impact of new railways and port infrastructures onbilateral trade. Our analysis suggests th...This paper analyzes the impact of the Belt and Road Initiative on Europe with a specificfocus on ltaly. We concentrate on the impact of new railways and port infrastructures onbilateral trade. Our analysis suggests that the development of new railway connectionswill benefit most of the Northern and Central European countries. Some industries likeautomotive and electronics that have a higher value to weight ratio will benefit morethan others. However, due to higher costs, railway services will never reach a highpercentage of total import^export flows. Investment in new port facilities, although less＂new＂ compared with railways, may be a bigger game changer. The development ofthe Port of Piraeus has already increased the importance of the Mediterranean Sea asan import^export hub for China. If the other planned investments in Egypt and Algeriaare completed, this phenomenon will be magnified. This presents a huge challenge forItaly. The ltalian port in the high Adriatic Sea could be displaced by Piraeus capacity,especially if this port linked through railways with the center of Europe. Italy needsto coordinate its ports together with its railway network to take advantage of Belt andRoad Initiative opportunities.展开更多
The Belt and Road Initiative （BRI） is increasingly regarded as Beijing＇s most ambitiousforeign policy proposition since Deng Xiaoping set China on a path of reform, openingup and maintaining a low profile in intern...The Belt and Road Initiative （BRI） is increasingly regarded as Beijing＇s most ambitiousforeign policy proposition since Deng Xiaoping set China on a path of reform, openingup and maintaining a low profile in international affairs in the early 1980s. While it isstill in the process of being fully articulated, the BRI may be viewed as an overarchingpolitical vision conferring strategic quality to a set of policy streams that aim to advancetransregional multilayered connectivity across Eurasia and Africa, and thereby establisha dynamic of development cross-acceleration between these regions and China.展开更多
文摘The Year of the Rabbit will mark the 10th anniversary of the announcement of the Belt and Road Initiative(BRI). The initiative, first proposed by President Xi Jinping in 2013, has been a game changer in the Chinese interaction with the rest of the world. It is a symbol of the centrality of Asia in the world economy in the 21st century.
文摘This paper analyzes the impact of the Belt and Road Initiative on Europe with a specificfocus on ltaly. We concentrate on the impact of new railways and port infrastructures onbilateral trade. Our analysis suggests that the development of new railway connectionswill benefit most of the Northern and Central European countries. Some industries likeautomotive and electronics that have a higher value to weight ratio will benefit morethan others. However, due to higher costs, railway services will never reach a highpercentage of total import^export flows. Investment in new port facilities, although less＂new＂ compared with railways, may be a bigger game changer. The development ofthe Port of Piraeus has already increased the importance of the Mediterranean Sea asan import^export hub for China. If the other planned investments in Egypt and Algeriaare completed, this phenomenon will be magnified. This presents a huge challenge forItaly. The ltalian port in the high Adriatic Sea could be displaced by Piraeus capacity,especially if this port linked through railways with the center of Europe. Italy needsto coordinate its ports together with its railway network to take advantage of Belt andRoad Initiative opportunities.
文摘The Belt and Road Initiative （BRI） is increasingly regarded as Beijing＇s most ambitiousforeign policy proposition since Deng Xiaoping set China on a path of reform, openingup and maintaining a low profile in international affairs in the early 1980s. While it isstill in the process of being fully articulated, the BRI may be viewed as an overarchingpolitical vision conferring strategic quality to a set of policy streams that aim to advancetransregional multilayered connectivity across Eurasia and Africa, and thereby establisha dynamic of development cross-acceleration between these regions and China.
