The roles and strategies of ASEAN in the Belt and Road Initiative (BRI)

  • Sang Chul Park Korea Polytechnic University, South Korea
DOI: https://doi.org/10.18543/ced-03-2022pp115-148
Keywords: BRI, trade and investment, regional integration, economic growth, development strategy, COVID-19 pandemic

Abstract

Under the Belt and Road Initiative (BRI), China focuses on the ASEAN as part of land bridge connecting China to Southeast Asia, the Indian Ocean, and the China-Indochina Peninsula Corridor sea route that is the comprehensive sea route between China, South China Sea, Indian Ocean, and Europe. On the other hand, ASEAN member nations regard the BRI as an avenue to improve connectivity with their poor infrastructure development which will generate trade and investment increase in the region particularly through improved logistics. Accordingly, ASEAN member nations are keen to develop their infrastructure projects in collaboration with Chinese companies and funding agencies mainly in the forms of joint venture. The Asian Development Bank (ADB) estimates that the total infrastructure investment needs in the ASEAN from 2016 to 2030 will be between USD 2.8 trillion with baseline estimate to USD 3.1 trillion with climate adjusted estimate. This paper aims to argue how China and the ASEAN can be interacted by the BRI and what are impacts of the BRI on the region. Furthermore, it analyzes which roles do the BRI play in building the region between China and the ASEAN member nations. Last, but not least, it also focuses on Chinese national strategy how to implement the BRI in the region.

Received: 25 August 2021
Accepted: 18 November 2021

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Author Biography

Sang Chul Park, Korea Polytechnic University, South Korea

PhD degrees in political science in Aug. 1993 in Germany and economics in Feb. 1997 in Sweden. He also passed a habilitation examination (full professorship) in political science in Nov. 2002 in Germany as well as a docent evaluation (Swedish habilitation) in economics in Sep. 2004 in Sweden and is currently a Full Professor at Graduate School of Knowledge based Technology and Energy, Korea Polytechnic University since 2006. He served as Associate Professor at Gothenburg University, Sweden from 2001 to 2003 and as Associate Professor at Okayama University, Japan from 2003 to 2006. He also stayed as Visiting Professor at Fudan University, China (2014), Asian Development Bank Institute (ADBI), Japan (2014), Maria Curie Sklodowska University, Poland (2016~2021), and at Chiang Mai National University in Thailand (2019). In 2012, he became the editor in chief of Asia Pacific Journal of EU Studies (APJEUS) and a member of editorial board in International Journal of Innovation and Regional Development (IJIRD) in 2014. In 2016 he serves as associate editor for International Journal of Management and Enterprise Development (IMED) (SCOPUS Journal) and a member of Managing Editorial Board in Australian & New Zealand Journal of European Studies.

Published
2022-01-28
How to Cite
Park, Sang Chul. 2022. “The Roles and Strategies of ASEAN in the Belt and Road Initiative (BRI)”. Deusto Journal of European Studies, no. 03 (January), 115-48. https://doi.org/10.18543/ced-03-2022pp115-148.
Issue
No. 03 (2022): SPECIAL ISSUE. European Union-Asia Pacific dialogue: Fostering synergies on global challenges
Section
Articles

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