India will push back on China’s influence in Nepal

Subject Chinese and Indian interest in Nepal. Significance China’s Belt and Road Initiative (BRI) is dominating Nepal’s agenda. Until a decade ago, Nepal was clearly within India’s sphere of influence. Nepali Prime Minister KP Oli in April made a three-day state visit to Delhi and in June made a six-day state visit to Beijing. Impacts The governing Nepal Communist Party will be at risk of a split, especially during negotiations over a new chair in two years’ time. Campaigning in nearby Bhutan’s elections later this year is likely to be dominated by debate over the country's ties with India and China. India and China may seek mutual easing of trade barriers as part of efforts to improve bilateral economic ties.

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Peter Enderwick

Purpose The continuation of China’s belt and road initiative (BRI) is assumed in most analyses. Yet, recent events have created significant reputational damage for China and Chinese businesses. With a trade war evolving into a hegemonic struggle, there are a number of potential developments that could derail the BRI. This paper aims to provide a contemporary review of the factors that could negatively impact its continuation, and what China has done to mitigate the risks. Design/methodology/approach A descriptive paper that groups possible disruptive factors into three groups: internal weaknesses of the BRI and its design; those related to China’s implementation of the BRI and external concerns and pressures. Findings China has actively reviewed and refined the BRI to reduce its perceived weaknesses and increase its attractiveness to potential participants, focussing on debt dependency, transparency and governance. However, this has occurred at the same time as growing concerns regarding China’s international assertiveness, the hegemonic challenge and recovery from the COVID-19 pandemic. Research limitations/implications These changes are occurring within an extremely dynamic environment and any analysis at one point in time is subject to considerable limitations. However, the paper brings together a range of disparate perspectives in a structured manner. Originality/value The classification of possible threats to the BRI is original and provides insights into the relative significance of the diverse challenges that China faces. The paper concludes that while China’s operational focus on the mechanics of the BRI process is necessary, it may not be sufficient to ensure its continuing development. The paper identifies the next step which is conceptualisation of these ideas and of the BRI. Some guidance as to how this might be done is provided.


2018 ◽  
Vol III (IV) ◽  
pp. 31-48
Author(s):  
Inamullah Jan ◽  
Tariq Mehmood ◽  
Shabir Hussain

This research treats contents of newspapers from America, China and India reporting on "Belt and Road Initiative" (BRI) with respect to US, India and China's foreign policies. The study investigates if unlike China, American and Indian press relatively report more 'risk' than 'opportunity' frames on BRI. Detailed literature on risks and opportunity frames is produced through media lenses, underpins regional and global significance and future status of BRI. Comparing framing techniques of The New York Times, Times of India and China Daily, contents of total 60 news articles are quantitatively analyzed. Finally, comparative research paradigm found both Indian and American press framing more risks than opportunities in news, therefore highlighting respective concerns of staying away from the signatory summit of BRI held in Beijing in May 2017.


Significance The bill comes as the federal government is increasingly concerned about Chinese political and economic influence in Australia; Beijing has criticised Canberra in recent months and introduced economic strictures. Impacts Universities could lose research partnerships, especially with China, and some foreign academics. Infrastructure investment could suffer, including the Victoria government’s deal to partake in China’s Belt and Road Initiative. The federal government seems to have a secondary agenda for the reforms, to weaken the powers of the eight states and territories.


2020 ◽  
Vol 19 (2) ◽  
pp. 325-354
Author(s):  
Sovinda Po ◽  
Christopher B. Primiano

Abstract Since its creation in 2013, China’s Belt and Road Initiative (BRI) has received ample attention in the media and from government officials and scholars. Many different, and often polarising, views exist on BRI. While some view it as China’s grand strategic goal of remaking the world in its own image, others perceive it as consistent with the international system. Using interviews conducted in Cambodia and an examination of press sources, this article draws from the selectorate theory to examine both why the Cambodian government is siding with China regarding economic ties, specifically regarding BRI, and the impact that is having on popular perception in Cambodia. The small coalition in Cambodia that Hun Sen seeks to placate results in a negative view among a significant segment of the Cambodian populace regarding Cambodia’s relations with China, and Chinese investments in particular.


2018 ◽  
Vol 1 (2) ◽  
pp. 219-240 ◽  
Author(s):  
Shen Kunrong ◽  
Jin Gang

Purpose The purpose of this paper is to comprehensively examine the influence of formal and informal institutional differences on enterprise investment margin, mode and result. Design/methodology/approach This paper is based on 2,440 micro samples of large-scale outbound investment from 609 Chinese enterprises from the years 2005 to 2016. Findings The study has found that formal institutional differences have little impact on investment scale, but significantly affect investment diversification. In order to avoid the management risks brought by formal institutional differences, enterprises tend to a full ownership structure. However, the choice between greenfield investment and cross-border mergers and acquisitions is not affected by formal institutional differences. In contrast, the impact of informal institutional differences is more extensive. Both formal and informal institutional differences significantly increase the probability of investment failure. Further research found that the Belt and Road Initiative (BRI) bridges the formal institutional differences. Originality/value The study concludes that developing the BRI, especially cultural exchanges with countries alongside the Belt and Road, will help enterprises to “go global” faster and better.


2020 ◽  
Vol 9 (2) ◽  
pp. 268-276
Author(s):  
Jean A. Berlie

PurposeThis article looks at the differences and similarities between globalization and the role of China on globalization, in particular for the Hong Kong Special Administrative Region of China (HKSAR).Design/methodology/approachThis article is based on research, reading, and interviews on globalization.FindingsChina is promoting the new globalization of the century called Belt and Road Initiative (BRI) which is a unique way to boost again the economy of China.Originality/valueStudies of the New Maritime and Land Silk Road of China are rare; in particular, the role of the HKSAR is ignored. Macau also plays a role because it was the first point of globalization in the seventeenth century. China is really a global country, and the Chinese are numerous in all continents. Chinese Internet role is also mentioned. Globalization is a key concept not only for China and Asia but also for the Hong Kong Special Administrative Region (HKSAR), Africa, and countries in Latin America such as Bolivia and Venezuela. This article looks at the differences and similarities between globalization and the role of China on globalization. The HKSAR and the Greater Bay Area are part of the same country. China is developing the new globalization of the century called, in 2017, the Belt and Road Initiative (BRI). The current definition of Chinese globalization includes land and maritime Silk Road, now the BRI.


Significance The deal was one of a number of key agreements that Prime Minister Narendra Modi signed during his visit to Tehran on May 23. The visit aimed to advance relations following the lifting of sanctions on Iran in January, and a decade of missed opportunities and rising suspicion in relations between Tehran and Delhi. Impacts Expanding energy and trade ties will support Iran's efforts to diversify its economy and trade relationships. Building economic ties with India will help the normalisation of Tehran's international relations. India will limit security and defence cooperation with Iran in order to avoid alienating Israel, Gulf states and the United States.


Subject Pakistan's ties with Saudi Arabia. Significance Prime Minister Nawaz Sharif visited Saudi Arabia last week -- for the second time in two months. Much attention focused on Pakistan's potential role in the Riyadh-led counterterrorism alliance, with the kingdom looking for a concrete commitment. With Iranian President Hassan Rouhani due in Pakistan at the end of March, Sharif sought to calm Saudi concerns about deepening Pakistan-Iran economic ties. Both relationships are bound to be complex balancing acts. Impacts Pakistan's army is unlikely to send troops for Riyadh's overseas military campaigns for fear of stoking sectarian tensions within Pakistan. An excessively pro-Iran attitude by Sharif's government would annoy Pakistan's military. Sharif will avoid this, in large part to ensure his own administration lasts its full term to mid-2018. Pakistan's reluctance to join Saudi-led military operations will increase Saudi dependence on other Sunni military allies, eg, Egypt, Sudan.


Subject Talks to decide the Caspian Sea's status. Significance A working group representing the five states around the Caspian Sea meets this month to prepare for a summit promised before July. The littoral states are said to be close to agreeing the legal position of the sea, but Iran's assent is far from certain. Impacts A Caspian convention will not solve contested claims to mid-sea oil reserves. Environmental protection could end up being sacrificed to the exploration and development of untapped hydrocarbon reserves. Trans-Caspian shipping will be boosted by its role in the Eurasian transport networks of China's Belt and Road initiative.


Subject BRI’s evolving nature. Significance China’s Belt and Road Initiative (BRI) is establishing ‘anchor’ investments and creating BRI clusters, particularly in transport connectivity and energy. Such anchor investments as Cosco’s in Piraeus or Belgrade’s Friendship Bridge serve as catalysts, attracting more Chinese companies and setting the stage for expansion. Impacts Continued concessional lending by Chinese policy banks for infrastructure projects in Balkan countries will increase the risk of debt traps. Mitigating the currency risks of such lending arrangements by switching to local currency lending will gain pace. A second wave of BRI-related activities is starting with Huawei, Tencent, Alibaba and WeChat making inroads in local economies.


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