Bringing together a collection of chapters on China's Belt and Road
Initiative (hereafter, BRI), this book offers a comprehensive
overview of the topic from a business and economics perspective.
With contributions from scholars it provides theoretical and
empirical analysis of the opportunities and challenges facing
multinational enterprises and their foreign direct investment
activities abroad in relation to BRI. Additionally, the
contributors cover such key areas including economics and
international business, international trade, global value chains,
environmental issues and international business policy, creating a
useful tool for academics, as well as policy-makers and
practitioners in China and other countries along the new Silk Road.
The implementation of BRI is establishing significant connectivity
networks, including aviation e-service network and trade network
systems, and fostering connectivity in other various areas. The
initiative has promoted economic and financial development of the
countries along the route in terms of infrastructure construction,
connectivity, and capital flow of foreign direct investments.
Multinational enterprises have a significant role to play, and it
is affected by many factors, including social trust and economic
freedom, financial competitiveness, and trade openness. The
interconnection across the countries has brought about economic
impacts between China and the countries along BRI. Given the
ongoing US-China trade war and international relations, this topic
gains even more interest. Therefore, it is important to assess the
costs and benefits of BRI regarding international business
activities of foreign companies, including the environmental impact
of BRI to mitigate climate change, but equally importantly it is to
evaluate the opportunities and challenges facing multinational
companies and global value chains. This book will make a valuable
contribution to international business studies and provide an
overall overview on the topics of international trade and
investment and sustainable development within BRI through changes
in investment scale and efficiency. This edited volume will
interest scholars, researchers, and students in the fields of
international business studies, globalization, economics, political
science, and Chinese politics.
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