Titlebook: China’s Belt and Road Initiative; Impacts on Asia and Pradumna B. Rana,Xianbai Ji Book 2020 The Editor(s) (if applicable) and The Author(s

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Alexander Mielke,Tomàš RoubíčekChina in 2013, the volume of intra-regional international trade and the inflow of foreign investment into the region have surged. The number of China-Europe trains transiting through Central Asia has also increased significantly. In addition to connectivity, the BRI has contributed to industrialisat

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,China’s Belt and Road Initiative: Introduction and Overview, contexts in which the initiative was rolled out by Beijing in 2013. Through the BRI, China seeks to expand its diplomatic manoeuvring space, reclaim its past glory, provide infrastructure finance to neighbouring countries, and revive its slowing economy. By discussing, among others, the scope and t

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BRI and South Asia,gthens intra-country transport connectivity for Pakistan and has the potential for improving international transport and commercial connectivity for land-locked Nepal, making it a land-bridge between China and India. BRI-funded energy projects like power plants and transmission networks in South Asi

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Policy Recommendations,older countries should implement. These policies will help maximise the benefits of BRI while minimising the risks so that an improved BRI 2.0 with win-win outcomes could emerge. The recommendations include: (1) enhancing transparency, (2) strengthening economic and infrastructure governance, (3) se