This collaborative volume​ discusses the One Belt One Road, or the New Silk Road, initiative of Chinese President Xi Jinping from the perspectives of the Belt and Road countries. This initiative has been viewed as a re-globalization drive by China in the backdrop of financial crisis of the West and the latter’s increasingly protectionist tendencies of late. Rather than ‘rebalancing’ towards a certain region, this is supposed to be China’s ‘global rebalancing’ aimed at inclusiveness and a win-win partnership. The initiative has raised hopes as well as suspicions about China's goals and intentions; that is, whether this is in sync with China’s foreign policy goals, such as multipolarity, no hegemonic aspirations, and common security, or if this is an antidote to the U.S. foreign policy goals in the region, and China’s ambition to realizing its long-term vision for Asian regional and global order. In this volume, a galaxy of eminent academics from India, China, Pakistan, Uzbekistan, Germany and Southeast Asia have critically analysed every aspect of this mammoth project, including the six major economic corridors identified by China for policy coordination, infrastructure connectivity, unimpeded trade, monetary circulation, and people to people exchanges. The authors have interpreted China’s peripheral, regional as well as global diplomacy both over land and sea. This topical volume is of interest to scholars and students of Asian studies, China studies, Asian history, development studies, international relations and international trade.

China’s New Silk Road initiative constitutes one of the most ambitious projects in recent decades designed to change the pattern of the global economic division of labour as well as the geostrategic balance of power. It has the potential to create a new fabric of industrial value creation that links China and East Asia via Central and South Asia with Europe, and to forge new regional and multilateral institutions that complement or compete with existing regional and global governance systems. First proposed in 2013, the new initiative is only now starting to be rolled-out, with trade relations gradually intensifying, and the first investment projects and infrastructure clusters becoming manifest. However, the full impact of the evolving new regional value chains on global goods flows, investment activity, supra-national institution building, as well as their wider international implications, remains undetermined. This book brings together leading scholars from economics, political science and area studies, who present the latest cutting-edge knowledge and the latest state-of-the-art economic and political analysis on how the new initiative is developing and likely to develop.

This book adopts a corpus-based critical discourse analysis approach and examines a corpus of newspaper articles from Pakistani and Indian publications to gain comparative insights into the ideological construction of China’s Belt and Road Initiative (BRI) and the China-Pakistan Economic Corridor (CPEC) within news discourses. This book contributes to the works on perceptions of BRI in English newspapers of India and Pakistan. A multi-billion-dollar project of BRI or the "One Belt One Road” (OBOR), CPEC symbolizes a vision for regional revival under China's economic leadership and clout. Propelled by the Chinese Premier’s dream to revive the Chinese economy as well as to restructure and catalyze infrastructural development in Asia, BRI is aimed at connecting Asia via land and sea routes with Europe, Africa, and the Middle Eastern states.

1) This is a comprehensive volume on energy security constructions in India. 2) It contains articles by well known scholars in the field like Girijesh Pant, Shebonti Ray Dadwal, S.D. Muni, G.V.C. Naidu etc., and looks at India’s eastward engagement and its challenges and opportunities. 3) This book will be of interest to departments of South Asian Studies and East Asian Studies across UK and USA.

This book examines the success of the US rebalancing (or pivot) strategy towards Asia, placing the US pivot in a historical context while highlighting its policy content and management dilemmas. Further, the contributors discuss the challenges and opportunities that each regional state confronts in responding to the US rebalancing strategy. In 2011, President Barack Obama laid out the framework for a strategic pivot of US policy towards the Asia Pacific region. Writers in this volume focus specifically on Asian perception of the strategy. Among the topics they explore are: China’s desire to be seen as equal to the US while maintaining foreign policy initiatives independent of the US strategic rebalance; the strengthening of Japan’s alliance with the US through its security policies; the use of US-China competition by South Korea to negotiate its influence in the region; and Australia’s embrace of the strategy as a result of foreign direct investment that provides economic benefits to the country.

This book identifies and examines the legal challenges facing the shipping industry and ship management today. It first addresses flag state rules and private international law as organisational tools of the shipowner for establishing the applicable legal framework in an age of increasing regulatory activity and extraterritorial effect of legislation. It then focuses on sustainability requirements and the liability of shipping companies managing supply chains and ships as waste. The third section considers challenges stemming from times of financial crisis and deals with the cross-border impact of shipping insolvencies, the UNCITRAL Model Law, and the approaches of different jurisdictions. Finally, the fourth section concerns digitalisation and automation, including delivery on the basis of digital release codes, bills of lading based on blockchain technology, the use of web portals and data sharing, and particular aspects of the law relating to autonomous ships, notably in marine insurance and carriage of goods. The book will be a useful resource for academics and practising lawyers working in shipping and maritime law.

Concerns about China’s ambitions to return to global centre stage as a great power have recently begun to focus on the Digital Silk Road (DSR), an umbrella term for various activities – commercial and diplomatic – of interest to the Chinese government in the cyber realm. Part of (or a spin-off from) the 2013 Belt and Road Initiative, by 2020 the DSR had become a focal point of China’s foreign policy. But the DSR remains ill-defined and poorly understood. At the heart of such concerns is not that Chinese technology companies are becoming globally competitive, but rather that Beijing could use them to ‘rewire’ the global digital architecture, from physical cables to code. Dominance by Chinese technology could shift global norms from a free cyber commons to competing systems of cyber sovereignty or cyber freedom. This Adelphi book brings together eight experts to examine the development of the DSR, explore its impact on economics, security and governance in recipient countries, and assess the broader impact on patterns of economic and technological dependence, on the emerging rules and norms of tech globalisation, and on global geopolitics and great-power relations. Beijing has grasped the opportunity to leverage the entrepreneurial strengths of its private tech sector to gain prominence in the world’s digital ecosystem. But the more interventionist Beijing becomes, the more Chinese firms will be seen as instruments of the state, and the greater the pushback against Chinese technology and the DSR may be. To achieve great-power status and global centrality, Beijing might ultimately need to change tack. How it innovates in further rolling out Chinese tech across the world, and what the DSR will then look like, will have far-reaching impacts on global economics, politics and security.

Chinese President Xi Jinping launched the Silk Road Economic Belt component of the One Belt One Road (OBOR) initiative at Kazakhstan in 2013. OBOR is a development strategy and framework that focuses on connectivity and cooperation among countries primarily in Eurasia. It consists of two main components, the land-based 'Silk Road Economic Belt' (SREB) and ocean-going 'Maritime Silk Road' (MSR). This book studies the equilibrium or balance between overland and maritime trade routes of OBOR.This book has two major sections. The interpretive section examines contemporary media narratives related to the OBOR initiative and how contemporary commentators appropriate narratives about historical events related to the maritime Silk Road to interpret current policy agendas and legitimize diplomatic or economic exchanges. In terms of institutional studies, the chapters related to Asian Infrastructure Investment Bank (AIIB) will look at the issues facing the Bank in its quest in forming a new world platform for multilateral development financing.The other section, the empirical case study of the publication highlights the fact that Euro-China High Speed Rail (HSR) and Central Asia-China HSR are not viable at the moment as passenger volume is not sufficient to justify the HSR line. This section examines the overland route of the OBOR and looks at recent Chinese HSR history and conventional sub-high speed rail technology development, and identifies technical & economic criteria determining the appropriate technology for a certain line. The chapter in this section will use the developed criteria to analyze the various rail linkage projects currently under study in the OBOR framework, highlight the economic, bureaucratic and geo-political challenges that these projects likely face and lay down conditions that will determine the outcome of these projects.

Susan L. Shirk combines decades of research, analysis, and first-hand anecdotes to illuminate China's evolving role on the world's stage and the deterioration of relations with the United States. Shirk opens the 'black box' of China's political system, revealing what lies behind China's aim to expand soft and hard power abroad, and how the United States might respond.