countries’ perceptions 6 february 2019 of china’s...

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WORKING PAPER | ISSUE 01 | 6 FEBRUARY 2019 Alicia Garcia Herrero ([email protected]) is a Senior Fellow at Bruegel. Jianwei Xu ([email protected]) is a Non-resident Fellow at Bruegel. e authors are grateful to Hanrui Li of HKUST IEMS for research assistance. ALICIA GARCIA HERRERO AND JIANWEI XU Drawing on a global database of media articles, we quantitatively assess perceptions of China’s Belt and Road Initiative (BRI) in different countries and regions. We find that the BRI is generally positively received. All regions as a whole, except South Asia, have a positive perception of the BRI, but there are marked differences at the country level, with some countries in all regions having very negative views. Interestingly, there is no significant difference in perceptions of the BRI between countries that officially participate in the BRI and those that do not. We also use our dataset of media articles to identify the topics that are most frequently associated with the BRI. e most common topics are trade and investment. Finally, we use regression analysis to identify how the frequency with which these topics are discussed in the news affects the perceptions of the BRI in different countries. We find that the more frequently trade is mentioned in the media, the more negative a country’s perception of the BRI tends to be. On the other hand, while investment under the BRI seems also to attract attention in the media, it is not statistically relevant for countries’ perceptions of the BRI. COUNTRIES’ PERCEPTIONS OF CHINA’S BELT AND ROAD INITIATIVE: A BIG DATA ANALYSIS

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Page 1: COUNTRIES’ PERCEPTIONS 6 FEBRUARY 2019 OF CHINA’S …bruegel.org/wp-content/uploads/2019/02/WP-2019-01final.pdfperceptions of China’s Belt and Road Initiative (BRI) in different

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Alicia Garcia Herrero ([email protected]) is a Senior Fellow at Bruegel.

Jianwei Xu ([email protected]) is a Non-resident Fellow at Bruegel.

The authors are grateful to Hanrui Li of HKUST IEMS for research assistance.

ALICIA GARCIA HERRERO AND JIANWEI XU

Drawing on a global database of media articles, we quantitatively assess perceptions of China’s Belt and Road Initiative (BRI) in different countries and regions. We find that the BRI is generally positively received. All regions as a whole, except South Asia, have a positive perception of the BRI, but there are marked differences at the country level, with some countries in all regions having very negative views. Interestingly, there is no significant difference in perceptions of the BRI between countries that officially participate in the BRI and those that do not.

We also use our dataset of media articles to identify the topics that are most frequently associated with the BRI. The most common topics are trade and investment. Finally, we use regression analysis to identify how the frequency with which these topics are discussed in the news affects the perceptions of the BRI in different countries. We find that the more frequently trade is mentioned in the media, the more negative a country’s perception of the BRI tends to be. On the other hand, while investment under the BRI seems also to attract attention in the media, it is not statistically relevant for countries’ perceptions of the BRI.

COUNTRIES’ PERCEPTIONS OF CHINA’S BELT AND ROAD INITIATIVE: A BIG DATA ANALYSIS

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Central Asia Sub-SaharanAfrica

East Asia &Pacific

Middle Eastand North

Africa

Europe(theEU)

Europe(theNon-EU)

NorthAmerica

Latin Americaand the

Caribbean

South Asia

Media sentiment World average

4-2 620-4

Negative Positive

Central Asia

Sub-Saharan Africa

East Asia & Pacific

Middle East &

North Africa

Europe (EU)

Europe (Non-EU)

North America

Latin America

& Caribbean

South Asia

UzbekistanTajikistan

BotswanaTanzaniaZimbabweSouth Africa

Australia Thailand Vietnam Laos

Iraq Syria Yemen Jordan

Sweden Finland Portugal Netherland

Bosnia and Herzegovina Ukraine Turkey Belarus

Canada US

Guyana Venezuela Jamaica

Maldives Bhutan Pakistan Afghanistan

Poland

Vanuatu

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0 1 2 3i i i i iTone BRI Trade Investment = + + + +

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-4 -3 -2 -1 0 1 2 3 4 5 6

Botswana

Netherlands

Liberia

Tanzania

Laos

Morocco

Jordan

Portugal

Chad

Zambia

Jamaica

Yemen

Uzbekistan

Slovenia

China

United Arab Emirates

Indonesia

Ethiopia

Viet Nam

Kyrgyzstan

Belarus

Egypt

Rwanda

Bahrain

Cyprus

Malawi

Kazakhstan

Italy

Georgia

Nigeria

Afghanistan

Malta

Croatia

Papua New Guinea

Albania

Brunei

Luxembourg

Cambodia

Lebanon

Brazil

Zimbabwe

Ghana

Colombia

France

Thrinidad and Tobago

Myanmar

Greece

Costa Rica

Serbia

Somalia

Tajikistan

Lithuania

Azerbaijan

Singapore

Nepal

Cameroon

Finland

Macedonia

Armenia

Slovakia

Syria

Panama

Mauritius

Mongolia

Pakistan

Thailand

Madagascar

South Korea

Spain

United States

United Kingdom

Turkey

New Zealand

Austria

Malaysia

Kenya

Latvia

Japan

Germany

Haiti

Senegal

Argentina

Estonia

Philippines

Bulgaria

Algeria

Israel

Saudi Arabia

Sweden

Hungary

Samoa

Bahamas

Uganda

Peru

Sri Lanka

Cuba

Iran

Venezuela

Switzerland

Bolivia

Canada

Dominica

South Africa

Montenegro

Romania

Mexico

Bangladesh

Qatar

Australia

Denmark

Russia

Moldova

Ireland

Vanuatu

Uruguay

Oman

Czech Republic

Chile

Belgium

Ukraine

Nicaragua

Ecuador

India

Bhutan

Kuwait

Iraq

Norway

Poland

Guyana

Bosnia and Herzegovina

Maldives

Tone(Non-BRI countries) Tone(BRI countries)

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Negative Positive

Sub-Saharan Africa

East Asia & Pacific

Middle East &

North Africa

Europe (EU)

Europe (Non-EU)

Latin America

& Caribbean

South Asia

Most negative:

A Chinese energy company is involved in an alleged bribery

scandal.

Most frequent:

The trade deficit with China could

be increased.

Most positive: Investment in

infrastructure could help develop local area and add new

economic opportunities.

Most negative: None

Most frequent: Expand foreign

trade within free trade zone under

the BRI.

Most positive:

BRI is expected to increase trade

cooperation.

Most negative:

Military expansion may

affect sovereignty.

Most frequent: Investment in

infrastructure is benefit to

development.

Most positive: Investment in

infrastructure is benefit to

development.

Most negative:

None

Most frequent: Connectivity is benefit to socio-

economic development.

Most positive: Connectivity is benefit to socio-

economic development.

Most negative:

Insecurity for workersinvolved in

BRI projects.

Most frequent: Investment in infrastructure development could boost

economic growth

Most positive: Investment in infrastructure development could boost

economic growth

Most negative:

Deglobalisationtrend is opposite

to BRI.

Most frequent: Investment from

China has increased under

BRI.

Most positive: Investment from

China has increased under

BRI.

Most negative:

Huge investment may cause debt

problem.

Most frequent: The negative trade balance

with China may grow.

Most positive: Trade

opportunities are increasing under

BRI.

Most negative:

Expand political influence

through BRI in the region.

Most frequent: BRI is expected to increase trade

cooperation.

Most positive: Quality of

products from China has improved.

Most negative:

The process under BRI can be made fairer.

Most frequent: Improve mutually beneficial

cooperation.

Most positive: Cooperation in trade

and investment could be increased

under BRI.

Most negative:

Huge investment may

trigger debtproblem

Most frequent: Huge investment may trigger debt problem;

The process needs to be fairer (more local

labour and participation)

Most positive:

None

Most negative:

There exist issues of

unlawfulnessunder the BRI.

Most frequent: There exist issues of

unlawfulness under the BRI; Huge investment

may cause debtproblem.

Most positive: Countries could

strengthen cooperationwith China

under the BRI.

Most negative:

Most projects under BRI are in

infrastructure sector, which produce a lot greenhouse gas and

may cause environment problem.

Most frequent: BRI can provide

opportunities for other countries to expand export to China and

engage in international trade.

Most positive: Chinese investment in Jamaica contributes to generate

economic growth, create job opportunities

in local area.

Most negative:

China engages in land

grabbing in Maldives.

Most frequent: Maldives may fall into debt trap when

facing huge investment from

China under the BRI.

Most positive:

BRI will enhance cooperation between China and Maldives

through increasing trade, investment and tourism.

Most negative:

Insecurity for workers

involved in BRI projects

Most frequent: BRI could strengthen win-win cooperation

between countries

Most positive: BRI could strengthen win-

win cooperation between countries

-3 6

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1 http://www.xinhuanet.com/english/2017-06/26/c_136394003.htm 2 https://www.fes-connect.org/trending/south-africas-dilemma-in-the-belt-and-road-initiative-losing-africa-for-china/ 3 http://www.nationmultimedia.com/detail/big_read/30326442 4 http://www.espectador.com/internacionales/china-y-eeuu-superpotencias-camino-de-un-conflicto 5 https://www.afr.com/opinion/columnists/vanuatu-should-beware-of-beijings-strategic-strings-20180411-h0ym9h 6 https://www.gisreportsonline.com/gis-dossier-the-south-china-sea,defense,2488.html 7 https://www.arabherald.com/news/253522676/is-says-it-killed-2-captive-chinese-nationals-in-pakistan 8 https://www.railfreight.com/corridors/2018/03/07/amsterdam-added-to-new-silk-road-with-new-rail-freight-line/ 9 https://geopolitica.eu/more/in-english/2724-china-poland-and-the-belt-and-road-initiative-the-future-of-chinese-engagement-in-

central-and-eastern-europe 10 https://logistyka.wnp.pl/chinczycy-beda-hamowac-inwestycje-wzdluz-nowego-jedwabnego-szlaku,304330_1_0_0.html

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11 https://belarusdigest.com/story/belarus-and-one-belt-one-road-alternative-oil-scto-belarus-state-press-digest/ 12 http://www.capital.ba/zamke-na-kineskom-putu-svile/ 13 https://www.business-humanrights.org/en/bosnia-herzegovina-air-pollution-worsens-in-tuzla-while-govt-plans-for-more-coal-

power 14 http://www.jamaicaobserver.com/business-report/caribbean-must-dynamicaly-engage-with-

china_126355?profile=1283&template=MobileArticle 15 https://www.stabroeknews.com/2017/news/world/07/01/sri-lankas-top-court-dismisses-case-chinese-industrial-zone-deal/ 16 http://afghanistantimes.af/chinas-role-key-in-afghanistans-stability/ 17 https://maldivesindependent.com/business/chinese-lending-puts-maldives-at-risk-of-debt-distress-136331

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© Bruegel 2019. All rights reserved. Short sections, not to exceed two paragraphs, may be quoted in the

original language without explicit permission provided that the source is acknowledged. Opinions expressed

in this publication are those of the author(s) alone.

Bruegel, Rue de la Charité 33, B-1210 Brussels

(+32) 2 227 4210

[email protected]

www.bruegel.org

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