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Table of Contents
“The Belt and Road": Opportunities and Challenges
1.Crisis and Opportunity: the Intergovernmental Cooperation of Asia in the 21st Century (Dai Changzheng)
2.Placing "the Belt and Road" into an International Context—Some Comparative Reflections and a Tentative Analytical Framework (David Shaw, Olivier Sykes)
3.De—risking the OBOR Risks (Dai Changzheng)
4.International Responsibility of China's Economv under "New normal" (Li Yang)
5.The Recognition of "the Belt and Road" Strategy (Wang Xiaomei, Ge Xin)
"The Belt and Road" and China's Foreign Relations
6."The Belt and Road" and Sino—US Institutional Competition (Zhao Yang) .
7.China's "the Belt and Road" Initiative and EU—China Relations (Finn Laursen)
8.China's New Silk Road and EU—China Relations (Jing Men)
9.The 21st Century Maritime Silk Road and China's Foreign Development Aid Policy towards Southeast Asia (Wang Hongyu, Xu Yuman)
10.Will the BRICS Transform the Global Economic Order?(Henk Overbeek)
11."The Belt and Road" Initiative under the Framework of South—South Cooperation: Approaches and Prospect(Qiu Changqing)
"The Belt and Road" and China's Policy Issues
12.Chinese and European Networks in the Process of Internationalization (Gunter Heiduk, Agnieszka McCaleb)
13.Welfare Policies in Chinese and European International Development Cooperation (Soeren Villadsen)
14.International Cultural Relations and China's "the Belt and Road" Initiative (Diana Cooper—Richet)
15.The Constructing of National Image in the Process of Going—out of Chinese Firms (Qiao Xuan)
16.Higher Education and the New Silk Road (Kevin M.McConkey)
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China, on the other hand, has apparently drawn the conclusion (coinciding with the coming to power ofthe new leadership in 2012) that the accomodationist attempt to gain Western recognition as an equal partner in the governance of the global economy had become a cul—de—sac.China consequently turned to a course which can be characterized as aimed at creating a parallel structure ofinternational institutions which would not be controlled by the Western powers.Following up from the BRICS, China moved further along the road of autonomous parallel structures with its strategic "the Belt and Road (B&R)" initiative and with the creation of the Asian Infrastructure Investment Bank (AIIB).These initiatives express a newfound Chinese confidence on the global scene not seen before.That both Australia and the UK, in spite of heavy US pressure, joined the AIIB as founding members has been a significant blow to the US's ability to control its main allies.
There are authors who still see room for an accommodation between China and the US (e.g.Bader 2015; Dollar 2015).However, in light of the irreconcilable directions that the US and China are moving into, skepticism seems more in place.Views that expect a less consensual multi—polar order, rather than China's co—optation into the US—dominated post—1945 multilateral order, seem more realistic (e.g.Laidi 2014; Lieber 2014; Nolke et al.2015; Saad—Filho 2014).Whether this will actually amount to the intense security competition that Mearsheimer has been predicting for years (Mearsheimer 2010) is still an open question, but it can no longer be ruled out.
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