Narratives and Actions Regarding the Belt and Road Initiative in ASEAN Countries

In contrast with countries such as the United States, Japan, India and Australia (the Indo-Pacific Quad), the ASEAN countries are in general in favour of a consolidated cooperation with China in the framework of the BRI. In spite of the territorial disputes with China in the South China Sea, they pu...

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Main Author: IULIA MONICA OEHLER-ŞINCAI
Format: Article
Language:English
Published: Nicolae Titulescu University 2019-12-01
Series:Global Economic Observer
Subjects:
Online Access:http://www.globeco.ro/wp-content/uploads/vol/split/vol_7_no_2/geo_2019_vol7_no2_art_006.pdf
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author IULIA MONICA OEHLER-ŞINCAI
author_facet IULIA MONICA OEHLER-ŞINCAI
author_sort IULIA MONICA OEHLER-ŞINCAI
collection DOAJ
description In contrast with countries such as the United States, Japan, India and Australia (the Indo-Pacific Quad), the ASEAN countries are in general in favour of a consolidated cooperation with China in the framework of the BRI. In spite of the territorial disputes with China in the South China Sea, they put first their own economic development and strategic interests, therefore China is a relevant partner for all of them. They have a pro-growth and pro-development agenda and with the exception of Singapore, all of them need additional resources to finance the implementation of their national development and modernisation plans. They follow their national interest and have the ability to negotiate with strong partners, even with China. They support the BRI as a multilateral initiative led by multiple actors, are members of the Asian Infrastructure Investment Bank and are currently negotiating, implementing or supporting projects under the BRI. Bearing in mind these arguments, the present paper has as main goal an overview of China’s relations with its ASEAN neighbours under the impact of the BRI.
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spelling doaj.art-9f13d64affba4536bff5e948f4bc43532022-12-21T17:34:43ZengNicolae Titulescu UniversityGlobal Economic Observer2343-97422343-97502019-12-01724855Narratives and Actions Regarding the Belt and Road Initiative in ASEAN CountriesIULIA MONICA OEHLER-ŞINCAI0PhD, Department of World Economic Analysis Institute for World Economy of the Romanian Academy, oehler.sincai@gmail.comIn contrast with countries such as the United States, Japan, India and Australia (the Indo-Pacific Quad), the ASEAN countries are in general in favour of a consolidated cooperation with China in the framework of the BRI. In spite of the territorial disputes with China in the South China Sea, they put first their own economic development and strategic interests, therefore China is a relevant partner for all of them. They have a pro-growth and pro-development agenda and with the exception of Singapore, all of them need additional resources to finance the implementation of their national development and modernisation plans. They follow their national interest and have the ability to negotiate with strong partners, even with China. They support the BRI as a multilateral initiative led by multiple actors, are members of the Asian Infrastructure Investment Bank and are currently negotiating, implementing or supporting projects under the BRI. Bearing in mind these arguments, the present paper has as main goal an overview of China’s relations with its ASEAN neighbours under the impact of the BRI.http://www.globeco.ro/wp-content/uploads/vol/split/vol_7_no_2/geo_2019_vol7_no2_art_006.pdfbelt and road initiativeaseaneconomic diversificationinfrastructure developmentnegotiation
spellingShingle IULIA MONICA OEHLER-ŞINCAI
Narratives and Actions Regarding the Belt and Road Initiative in ASEAN Countries
Global Economic Observer
belt and road initiative
asean
economic diversification
infrastructure development
negotiation
title Narratives and Actions Regarding the Belt and Road Initiative in ASEAN Countries
title_full Narratives and Actions Regarding the Belt and Road Initiative in ASEAN Countries
title_fullStr Narratives and Actions Regarding the Belt and Road Initiative in ASEAN Countries
title_full_unstemmed Narratives and Actions Regarding the Belt and Road Initiative in ASEAN Countries
title_short Narratives and Actions Regarding the Belt and Road Initiative in ASEAN Countries
title_sort narratives and actions regarding the belt and road initiative in asean countries
topic belt and road initiative
asean
economic diversification
infrastructure development
negotiation
url http://www.globeco.ro/wp-content/uploads/vol/split/vol_7_no_2/geo_2019_vol7_no2_art_006.pdf
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