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China's Belt and Road Initiative: Its Landscape (and Trajectory) in the Islamic World

China's Belt and Road Initiative: Its Landscape (and Trajectory) in the Islamic World
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Author(s): Muhammad Khalil Khan (Zhejiang University, China)and Cornelius B. Pratt (Guangdong University of Foreign Studies, China & Temple University, USA)
Copyright: 2019
Pages: 26
Source title: Foreign Business in China and Opportunities for Technological Innovation and Sustainable Economics
Source Author(s)/Editor(s): Anna Visvizi (Deree – The American College of Greece, Greece), Miltiadis Lytras (Deree – The American College of Greece, Greece), Xi Zhang (Tianjin University, China)and Jie Zhao (Anhui University, China)
DOI: 10.4018/978-1-5225-8980-8.ch006

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Abstract

China's multibillion-dollar Belt and Road Initiative (BRI) is a common fixture on the radar of policymakers and researchers because of the massive financial investment it involves and the economic opportunities it provides disadvantaged Eurasian states. BRI promises fast-track infrastructural development, transnational connectivity, and unimpeded trade. It predicates economic growth in developing countries on the shared development model. However, BRI has also engendered sensitive economic and security challenges. The Islamic world embraces BRI even as China's engagement there poses critical challenges to its foreign policy. This chapter highlights key markers on the landscape of BRI projects in the Islamic world and presents their implications for China's foreign policy. It also provides useful policy guidelines for a more effective implementation of BRI-related projects, thereby protecting China from possible conflict with regional and global powers.

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