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The Risks of the Belt and Road Initiative in the Construction of the Eurasian Economic Corridor

The Risks of the Belt and Road Initiative in the Construction of the Eurasian Economic Corridor

The EU/European market has always been fundamental to the development of economy and trade of China. The EU is the No. 1 trading partner of China. With regards to GDP, the EU is the largest economy in the world with the US and China ranking as the second and third largest economies respectively. Needless to say, the cooperation between the EU and China is of great significance to the economic development of China. For this reason, China has committed to pushing forward the construction of the Eurasian Economic Corridor, so as to facilitate the bilateral trade between the two sides. More

No. 4, Mar.-Apr. 2017 2017


Cooperation Rationale for China and the CEE Countries

Cooperation Rationale for China and the CEE Countries

When the BRI (Belt and Road Initiative) was first introduced to the world, it was both hailed and doubted. One common misunderstanding regarding the BRI is whether it can transcend individual infrastructure construction and realize true regional economic integration, which would surely help China manage its overcapacity problem and its structural economic transition. However, we should go further and ask another question – what are the infrastructures for? More

No. 4, Mar.-Apr. 2017 2017


The New Silk Road: Hope in Times of Imminent Danger

The New Silk Road: Hope in Times of Imminent Danger

Dark storm clouds are gathering on the horizon. The financial crisis is back, new tensions between the USA and Russia lie ahead – with heavy implications for Europe – as result of sanctions just established by the American Congress, not the President. On the other hand, we have an inkling of a new and more just world order in the making by China’s New Silk Road Initiative, formerly known as the One Belt, One Road and commonly named the Belt and Road Initiative. If mankind is to survive, we have to bury the old paradigm of geopolitics, that brought us two World Wars and threatens us today with the deadly prospect of a final one – the thermonuclear annihilation of civilization.  More

No. 4, Mar.-Apr. 2017 2017


The Other Side of the (Chinese) Wall

The Other Side of the (Chinese) Wall

For someone who has been born in the Western world it is quite a challenge to accept or at least to imagine that world is much more diverse, old and complex than the European civilization. Even today, in the age of globalization and Internet, very few Europeans know that Europe represents just about 17% of the world gross product and only a tiny 7% of the world population. More

No. 4, Mar.-Apr. 2017 2017


Comments on the New Chinese Initiatives and Their Potential Impact on the Sino-Romanian Relations

Comments on the New Chinese Initiatives and Their Potential Impact on the Sino-Romanian Relations

Since 2012, the new Chinese administration has begun to model the Chinese “going-out strategy” under the characteristics of self-assurance, confidence, leadership and global networking. Initially, the Belt and Road initiative (BRI), announced in autumn 2013 by President Xi Jinping, might have appeared as utopian in the intention of reactivating and extending the Silk Road by land and sea beyond Asia-Pacific, towards Europe, Africa and America. The long-term vision of the BRI is underscored by its first implementation phase, which should be finished until 2049, the year of the 100th anniversary of the People’s Republic of China. More

No. 4, Mar.-Apr. 2017 2017


What Is the Real Cooperation Between China and the Countries of Southeastern Europe

What Is the Real Cooperation Between China and the Countries of Southeastern Europe

We have been listening to more and more stories of the New Silk Road (the Belt and Road Initiatives), both in the countries of Eastern and South-Eastern Europe that are approached by this Chinese initiative, as well as in the countries of Western Europe and the United States, which view it with great suspicion.  More

No. 4, Mar.-Apr. 2017 2017


The Framework of China’s Cooperation with Central-Eastern Europe: A View from the Baltics

The Framework of China’s Cooperation with Central-Eastern Europe: A View from the Baltics

This small material represents an interpretation-based commentary on a particular issue – how a strategically important region for a global actor could clearly determine its role within a sophisticated framework related to a geo-strategic initiative of another global actor. Our discussion revolves around the Baltic States, the EU, China, its Belt and Road Initiative (BRI), and, a direct extension of the latter, the Chinese state’s rapidly developing interconnectedness with a patchy region of sixteen Central and Eastern European countries (the 16+1 Initiative).  More

No. 4, Mar.-Apr. 2017 2017


The Usefulness of the Danube Strategy for the 16+1 Mechanism and the Belt and Road Initiative

The Usefulness of the Danube Strategy for the 16+1 Mechanism and the Belt and Road Initiative

On the initiative of the People’s Republic of China aimed at intensifying and expanding cooperation with 11 EU member and 5 non-EU member states all in Eastern and South-East Europe the so-called “16+1” mechanism for cooperation was established. It embraces several fields, from investments, transport and finance, to science, education and culture. In the framework of the initiative, China has defined three potential priority areas for economic cooperation: infrastructure, high technologies and green technologies. For ensuring continuous development of the cooperation, a platform of regular meetings was established in 2012. At these meetings, the Chinese Prime Minister meets once a year with the leaders of the 16 countries. Upon the “16+1” mechanism the “Belt and Road Initiative” (BRI) of China got a strong support for realization in Eastern and South-Eastern Europe. More

No. 4, Mar.-Apr. 2017 2017


China's Space Programme – Born Out of National Needs, Poised to Support Global Progress

China's Space Programme – Born Out of National Needs, Poised to Support Global Progress

The 21st century is believed to become the Asian century. In the last few years, China has introduced several economic and political initiatives which promote its rise as a global power. Embedded in its development and rise is the national space programme. Western observers tend to look at China's space programme as being small, slow, technologically less advanced and not significant enough. Is this a correct view of the current reality? Is China's space programme able to support not only national advancement in science and technology but also support global progress? Which role does the New Silk Road project play in this process? Is it possible to predict China’s near-term future in space? The authors, through consulting open source information and performing in-depth analyses, look to find qualified answers to these questions.  More

No. 4, Mar.-Apr. 2017 2017


Striving Towards a Consensus

Striving Towards a Consensus

Almost a century ago today, Winston Churchill said that the Balkans produce more history than they can consume. It seems like this has remained unchanged over the years and Albania is no exception. Along with political events and conflicts in Macedonia, Kosovo and Serbia, recent and momentous political developments are taking place in one of the most important countries for the stability of the Western Balkans. More

No. 3, Jan.-Feb. 2017 2017


Bulgaria – Geopolitical Near Future Outlook

Bulgaria – Geopolitical Near Future Outlook

Rapid progress in today’s modern world is also generating a significant speed-up of the rate with which social and technological challenges rise up to hinder the peoples of the 21st century. Bulgaria, through its position on the crossroads of the Balkans, has a rather complex geopolitical profile, influenced by neighbouring countries, by EU and NATO and by global and regional powers like Russia, the USA and Turkey. In this context, a multicriteria approach has to be outlined for social, economic and security facets, in order to achieve a more concrete future analysis. More

No. 3, Jan.-Feb. 2017 2017


The Big Misunderstanding with Bulgaria. Why Not Cross The Danube?

The Big Misunderstanding with Bulgaria. Why Not Cross The Danube?

It seemed that this motto would best reflect the attitude of many Romanians, diplomats, experts, politicians, regarding the bilateral relations of Romania with her neighbour from across the Danube. For the Romanians, Bulgaria, located so closely, remains a distant land, a great unknown and a mysterious and even exotic place. Regardless, our stake in Bulgaria might turn out to be at least as important for Romania as the bilateral, trilateral, quadrilateral, multilateral formats, strategies, initiatives and partnerships that have been hatched for years in Bucharest by policymakers.  More

No. 3, Jan.-Feb. 2017 2017


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OEconomica No. 1, 2016