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- W4240592707 abstract "Belt and Road Initiative (BRI) boasts the potential to involve more than 60 countries, nearly 4.5 billion people, up to $8 trillion, and around 40 per cent of the global economy. BRI also entails a rising power endeavouring to build one of the biggest and most expensive super-projects the world has ever seen. BRI’s emergence has been accompanied by the establishment of a key new banking institution, the Beijing-based Asian Infrastructure Investment Bank, which counts China as its top contributor. Ominously for Beijing, several countries, fearing financial risks, have backed out of some of their BRI commitments to China. Beijing’s official motivation for BRI is purely economic: The Chinese government wishes to facilitate greater access to far-flung markets to feed its rapidly growing economy. BRI is flush with potential, and burdened with risk. The lack of information about BRI complicates efforts to forecast its fate." @default.
- W4240592707 created "2022-05-12" @default.
- W4240592707 creator A5021385390 @default.
- W4240592707 date "2021-06-18" @default.
- W4240592707 modified "2023-09-23" @default.
- W4240592707 title "Introduction" @default.
- W4240592707 doi "https://doi.org/10.4324/9781003054788-1" @default.
- W4240592707 hasPublicationYear "2021" @default.
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