The Chinese Belt and Road Initiative from the Polish Perspective

China announced its initiative of the so‑called New Silk Road project for the first time in 2013. Although its extent, concept or even its current name (The Belt and Road Initiative, BRI) have changed on a number of occasions since then, it cannot be denied that this is one of the most important cha...

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Main Author: Dominika Choroś‑Mrozowska
Format: Article
Language:English
Published: Lodz University Press 2019-07-01
Series:Comparative Economic Research
Subjects:
Online Access:https://czasopisma.uni.lodz.pl/CER/article/view/5272
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author Dominika Choroś‑Mrozowska
author_facet Dominika Choroś‑Mrozowska
author_sort Dominika Choroś‑Mrozowska
collection DOAJ
description China announced its initiative of the so‑called New Silk Road project for the first time in 2013. Although its extent, concept or even its current name (The Belt and Road Initiative, BRI) have changed on a number of occasions since then, it cannot be denied that this is one of the most important challenges currently being undertaken in the world. The countries of Central and Eastern Europe, of which Poland is a part, may have a significant meaning in this concept due to their strategic location. The countries of this region began their co‑operation with China under the so‑called “16 +1” format, and this took place prior to the announcement of the BRI. This opens up new perspectives for Polish‑Chinese trade relations in respect of the BRI initiative and the “16 + 1” platform. The aim of this study is therefore to present the most important effects of the conducted research, the assumption of which was the comprehensive identification of the Chinese BRI initiative and the consequences of its implementation for Polish‑Chinese trade relations. The presented analysis assumes that BRI will have a significant impact on Polish‑Chinese trade patterns. This is particularly important in the context of the huge trade deficit that Poland has been recording for years in its trade with China as well as the deepening asymmetry, which has been characteristic of the exchange.
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spelling doaj.art-6a4a7a6eaad4408ba6cb1bf91e19b58e2022-12-21T18:33:23ZengLodz University PressComparative Economic Research1508-20082082-67372019-07-01222395310.2478/cer-2019-00115272The Chinese Belt and Road Initiative from the Polish PerspectiveDominika Choroś‑Mrozowska0Cracow University of Economics, Faculty of Finance and Law, Department of Economics, Cracow, PolandChina announced its initiative of the so‑called New Silk Road project for the first time in 2013. Although its extent, concept or even its current name (The Belt and Road Initiative, BRI) have changed on a number of occasions since then, it cannot be denied that this is one of the most important challenges currently being undertaken in the world. The countries of Central and Eastern Europe, of which Poland is a part, may have a significant meaning in this concept due to their strategic location. The countries of this region began their co‑operation with China under the so‑called “16 +1” format, and this took place prior to the announcement of the BRI. This opens up new perspectives for Polish‑Chinese trade relations in respect of the BRI initiative and the “16 + 1” platform. The aim of this study is therefore to present the most important effects of the conducted research, the assumption of which was the comprehensive identification of the Chinese BRI initiative and the consequences of its implementation for Polish‑Chinese trade relations. The presented analysis assumes that BRI will have a significant impact on Polish‑Chinese trade patterns. This is particularly important in the context of the huge trade deficit that Poland has been recording for years in its trade with China as well as the deepening asymmetry, which has been characteristic of the exchange.https://czasopisma.uni.lodz.pl/CER/article/view/5272belt and road initiative“16 1” platformimportexporttrade deficitfdi
spellingShingle Dominika Choroś‑Mrozowska
The Chinese Belt and Road Initiative from the Polish Perspective
Comparative Economic Research
belt and road initiative
“16 1” platform
import
export
trade deficit
fdi
title The Chinese Belt and Road Initiative from the Polish Perspective
title_full The Chinese Belt and Road Initiative from the Polish Perspective
title_fullStr The Chinese Belt and Road Initiative from the Polish Perspective
title_full_unstemmed The Chinese Belt and Road Initiative from the Polish Perspective
title_short The Chinese Belt and Road Initiative from the Polish Perspective
title_sort chinese belt and road initiative from the polish perspective
topic belt and road initiative
“16 1” platform
import
export
trade deficit
fdi
url https://czasopisma.uni.lodz.pl/CER/article/view/5272
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