Abstract
The present unipolar world order is shifting towards a multipolar configuration of international relations. The growing importance of China’s economy in international trade and the impact this will have on international relations are discussed. The BRI is a globalizing force through the externalization of China’s domestic economy by reducing barriers to trade. The successful implementation of the BRI is expected to enhance China’s economic and political power, which however will create a counter push. Policies of sanctions and their effectiveness to maintain the present unipolar world order and the imposition of tariffs to prevent China from rising and the possible implications for international relations will also be discussed. Regime Changes also may cause possible obstacles to the BRI.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Bibliography
Abeysinghe, T., & Ding, L. (2003). China as an Economic Powerhouse: Implications on Its Neighbors. China Economic Review, 14(2), 164–185.
Chen, B., & Li, Y. (2014). Analyzing Bilateral Trade Barriers Under Global Trade Context: A Gravity Model Adjusted Trade Intensity Index Approach. Review of Development Economics, 18(2), 326–339.
Cowen, D., & Smith, N. (2009). After Geopolitics? From the Geopolitical Social to Geoeconomics. Antipode, 41(1), 22–48.
Flores-Macías, G. A., & Kreps, E. E. (2013). The Foreign Policy Consequences of Trade: China’s Commercial Relations with Africa and Latin American, 1992–2006. The Journal of Politics, 75(2), 357–371.
Fulbright, J. W. (1970). The Arrogance of Power. Harmondsworth and Middlesex, UK: Penguin Books.
Hirschman, A. O. (1945). National Power and the Structure of Foreign Trade. Berkeley: University of California Press.
Hirschman, A. O. (1980). National Power and the Structure of International Trade. Berkeley: University of California Press.
Hongbo, S. (2014). China-Venezuelan Oil Cooperation Model. Perspectives on Global Development and Technology, 13, 648–669.
Keohane, R., & Nye, J. S. (1977). Power and Interdependence: World Politics in Transition. Boston: Little, Brown.
Khan, S. A., & Marwat, Z. A. K. (2016). CPEC: Role in Regional Integration and Peace. South Asian Studies, 31(2), 103–112.
Kojima, K. (1964). The Pattern of International Trade Among Advanced Countries. Hitotsubashi Journal of Economics, 5(1), 16–36.
Lee, M., Park, D., & Saravia, A. (2017). Trade Effects of US Antidumping Actions Against China. Asian Economic Journal, 31(1), 3–16.
Luttwak, E. (1990). From Geopolitics to Geo-Economics: Logic of Conflict, Grammar of Commerce. The National Interest, 20(2), 17–23.
Mearsheimer, J. (2001). The Tragedy of Great Power Politics. New York and London: W.W. Norton.
Miyagiwa, K., & Ohno, Y. (2015). Nuclear Bombs and Economic Sanctions. Southern Economic Journal, 82(2), 635–646.
Morgenthau, H. J. (1974). Scientific Man Versus Power Politics. Chicago: University of Chicago Press.
Nye, J. (2004). Soft Power: The Means to Power in World Politics. New York: Public Affairs.
Nye, J. (2009). Get Smart: Combining Hard and Soft Power. Foreign Affairs, 88(4), 160–163.
Olson, M. (1974). The Logic of Collective Action: Public Goods and the Theory of Groups. Cambridge, MA: Harvard University Press.
Roach, S. (2017, August 28). America and China’s Co-dependency Trap. Project Syndicate. https://www.project-syndicate.org/commentary1/trump-china-trade-war-by-stephen-s-roach-2017-08. Accessed October 10, 2017.
Schmitt, C. (1976). The Concept of the Political (G. Schwab, Trans., with Introduction). New Brunswick, NJ: Rutgers University Press.
Stiglitz, J. E. (2015). China Century. http://www.vanityfair.com/news/2015/01.
Thucydides. (1954). History of the Peloponnesian War (M. I. Finlay, Ed. and R. Warner, Trans.). Harmondsworth: Penguin Classics.
United Nations. (2017). Economic and Social Commission for Asia and the Pacific Review of Developments in Transport in Asia and the Pacific, 2017. Transport for Sustainable Development and Regional Connectivity. Bangkok: ESCAP.
U.S. Energy Information Administration. (2018, February 5). China Has Surpassed the United States as the World Largest Crude Oil Importer in 2017. Washington, DC.
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
Copyright information
© 2019 The Author(s)
About this chapter
Cite this chapter
Joshua, J. (2019). The Belt and Road Initiative and International Relations. In: The Belt and Road Initiative and the Global Economy. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-28068-0_7
Download citation
DOI: https://doi.org/10.1007/978-3-030-28068-0_7
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-030-28067-3
Online ISBN: 978-3-030-28068-0
eBook Packages: Economics and FinanceEconomics and Finance (R0)