CONTENTS FOR FOURTH ISSUE

Access the sample issue of China and the World: Ancient and Modern Silk Road today!www.worldscientific.com/worldscinet/cwsr

World Scientific Publishingproudly presents

Vol. 2 • 4 Issues • 2019Institutions/Libraries (Print* + Electronic) ❐ US$480 ❐ £409 ❐ S$695Institutions/Libraries (Electronic Only) ❐ US$436 ❐ £372 ❐ S$632Individuals ❐ US$180 ❐ £153 ❐ S$260

*Please add postage US$40 £31 S$53

Peter MathiesonPrincipal and Vice-Chancellor, University of Edinburgh

China’s Plans: A View from the Outside after a Previous Period on the “Inside”

Daojiong ZhaProfessor in the School of International Studies, Peking University

In Pursuit of Connectivity: China Invests in Southeast Asian Infrastructure

Christoph LattemannProfessor of Business Administration and Information Management,Jacobs University

Congcong JiangInternational Business Administration, Jacobs University

Chinese OFDI in Europe under the Guidance of BRI — A Focus on China–CEE Economic Relations

Yiwei WangDirector of Institute of International AffairsRenmin University of China

Belt and Road Initiative: Mutual Connectivity of the World

Guangjun LiVisiting Professor, Monash University

Fan LiResearcher, Tsinghua University

Minxi LiJohn Monash Science School

Study on Public–Private Partnership Model in China’s Legislation

Katja BanikEditor-in-Chief of PwC’s China Compass

China, Europe and the G-Zero World

Chihlien Huang (Keelian Ng)Founding Chairman, Hong Kong Society of Asia and Pacific 21

Notes from the Pier No. 1: On Route to “A Global Renaissance”: An f : Fabric in the “BRI: One Belt One Road”

First International English Journal onChina’s Belt & Road Initiative

China and the World: Ancient and Modern Silk Road (CWSR) is a platform where the profound implications of China’s efforts such as the Asian Infrastructure Investment Bank (AIIB), Regional Comprehensive Economic Partnership (RCEP), Shanghai Cooperation Organization (SCO), and the Belt-and-Road-Initiative (BRI) are explored and discussed. Comprehensive analysis of the historical, cultural, social, economic and political impact of the aforementioned initiatives will be provided through the expertise and unique insights of global subject experts in various fields.

FOURTHISSUE

OUT NOW

2 First International English Journal on China’s Belt & Road Initiative

First English Series on China's Belt and Road Initiative

Series on China’s Belt and Road Initiative - Volume 3

Silk Road The Study of Drama CultureBy: Qiang Li (Shaanxi Normal University, China)

Silk Road: The Study of Drama Culture is the translated edition of the Chinese academic book of the same title written by Professor LI Qiang from Shaanxi Normal Uni-versity, China. The book breaks through the concept of regarding Han Drama as the center, yet elaborates the Silk Road drama as an inclusive culture and a prevailing literary art form in human civilization. Relying on his ex-tensive experience and broad vision, the author conducts the thorough study by means of literature, artifacts and academic fieldwork. The book studies the drama culture of all ethnic groups from Asia, Europe and Africa and touches upon the cultural exchanges between China and its neighboring countries, between the East and the West.

The carefully presented details in this book are aimed to explore all the related fields such as dramaturgy, philology, phonology, religion, history, geography, archeology, ethnology, and folklore between the East and the West from the perspective of cultural anthro-pology. The explanations in the book contribute to an in-depth study on the origins of the Silk Road and the drama culture along the Silk Road.

856pp Mar 2019978-981-3202-95-5 US$198 £175

Series on China’s Belt and Road Initiative - Volume 4

Belt and Road Initiative Chinese Version of “Marshall Plan”?By: Da Hsuan Feng & Hai Ming Liang (China Silk Road iValley Research Institute, China & Hainan University, China)

This book views the Belt and Road Initiative (BRI), a bold and all-encompassing 21st century global effort by China, with unprecedented perspectives. The BRI could be sum-marised as a “revitalization” of China’s ancient land-based and maritime silk roads, but it should be noted that its impact on China and the world stands on the foundation of omnipresent economics and how China transforms its mindset in the 21st century.

Series on China’s Belt and Road Initiative - Volume 1

The Political Economy of China’s Belt and Road InitiativeBy: Lei Zou (Shanghai Administration Institute, China)

Silk Road was once the most important economic-cultural tie connecting the Eurasian countries before the rise of the West. In September 2013, Chinese President Xi Jinping put forward the initiative to jointly build the Silk Road Eco-nomic Belt and 21st-Century Maritime Silk Road, which is abbreviated as the Belt and Road Initiative (BRI). This book analyzes the BRI through the approach of political economy and establishes the analytic framework of BRI from historical and comparative perspectives. It clearly displays the strategic considerations, future vision, con-

Though initiated by China, the BRI’s implementa-tion has been a many-to-many effort from the start. This multi-regional and multi-national effort is dis-tinctly different from the one-to-many effort of the Marshall Plan. The two meaning-defining chapters of this book, “Omnipresent Economics: The Belt and Road Initiative Underpinning” and “Supercontinent, Neo-Renaissance and Cultural Communications: The Millennium Mindset Transformations Induced by the Belt and Road Initiative”, have made it abundantly clear that the BRI discussions presented are unique.

The discussions of this book could shed new light on the BRI, a long-term and profound initiative by Chi-na, which in today’s global discussions and debates, are entirely confined to geopolitical and economics arenas.

92pp Mar 2019978-981-120-050-2 US$58 £50

structing framework, governmental actions, latest achievements, multiple opportunities and potential risks of BRI.

As China’s grand national development strategy and international cooperation initiative, the BRI will largely shape China’s domestic and foreign policies in the Xi Jinping era. The book is the first academ-ic monograph on the BRI and it enables readers to comprehensively understand this initiative and its implications to China, Eurasia and the world.

404pp May 2018978-981-3222-65-6 US$138 £121

www.worldscientific.com 3

Forthcoming Forthcoming

Forthcoming

Forthcoming

Series on China’s Belt and Road Initiative

China’s Belt and Road Initiative and RMB InternationalizationBy: Gang Meng (China Development Bank, China), Zheneng Wu (China-Africa Development Fund, China)

The Chinese economy has long been emphasizing globalization. Many fac-tors including domestic currency policies, exchange policies and cross-bor-der capital flow are becoming increasingly complex. Therefore, China is steadily pushing forward RMB internationalization to meet the market re-quirements emerging from global cooperation that has resulted from the “Belt and Road” initiative.

In the perspective of currency development, internationalization of RMB is a general trend and a historical choice. As an important measure of China to fully open up and integrate with international Community, the “Belt and Road” initiative intends to effectively connect relevant countries from dif-ferent areas such as policies, roads, trade, capital and popular support. The financial cooperation based on domestic currencies is an important aspect of the “Belt and Road” initiative, and an important means to meet the financial needs of various countries. Financing of “Belt and Road” initiative-related projects is obviously helpful for China to adopt more active policies in capital account convertibility and RMB internationalization and to accelerate the process of RMB internationalization.

300pp Sep 2019978-981-3278-89-9 US$118 £105

Series on China’s Belt and Road Initiative

China’s Belt and Road Initiative Understanding the Dynamics of a Great TransformationEdited by: Yue Wah Chay (Singapore University of Social Sciences, Singapore), Thomas Menkhoff (Singapore Management University, Singapore), Linda Low (Singapore University of Social Sciences, Singapore)

This book presents critical analyses of China’s Belt-Road-Initiative (BRI) from economic, social, political and geographical perspectives. Contributed by academics and business professionals from Asia, Europe and Australia, the chapters offer readers a range of regional viewpoints and insights into Chi-na’s grand development strategy — primarily aimed at boosting connectivity across Asia and beyond via investments in infrastructural projects. The chap-ters also discuss the contemporary economic, financial, political and infra-structural developments related to the BRI and the challenges that confront the Initiative.

This edited volume serves as a primer to China’s mega strategic undertaking, a supplementary companion and reference resource to those familiar with the BRI.

300pp Jun 2019978-981-120-326-8 US$108 £95

Series on China’s Belt and Road Initiative

The Belt and Road Initiative in the Global ContextEdited by: Linggui Wang & Jianglin Zhao (Chinese Academy of Social Sciences, China)

In the past five years, China’s Belt and Road Initiative (BRI) has attracted in-creasing attention to promote the global economy. This book discusses new risks and challenges confronting the BRI, multilateral cooperation related to the BRI, and solutions and suggestions to promote the BRI.

The book chapters were the updated version of the selected papers presented at the “International Symposium of the Belt and Road Initiative in the Global Perspective” jointly held by the National Institute of Global Strategy of the Chinese Academy of Social Sciences and Beijing Foreign Studies University.

Thirty-nine experts from China’s top think tanks worked together with coun-terparts from Russia, Egypt, Pakistan, the US, Malaysia, Turkey, Singapore, India and 22 other countries to contribute chapters to this comprehensive volume.

200pp May 2019978-981-3277-24-3 US$78 £70

Series on China’s Belt and Road Initiative

China’s Belt and Road Initiative and Building the Community of Common DestinyEdited by: Linggui Wang & Jianglin Zhao (Chinese Academy of Social Sciences, China)

In the past five years, China’s Belt and Road Initiative (BRI) has attracted in-creasing attention from the world. China’s concept of a Community of Com-mon Destiny (CCD) is closely related to economic initiatives as the two main pillars of the CCD are the Asian Infrastructure Investment Bank (AIIB) and the Belt and Road Initiative (BRI).

The book states that CCD was a new paradigm for promoting regional so-cio-economic development, and for shaping international cooperation and international order from an entirely novel perspective. Though the countries and regions have varied socio-economic development difficulties and chal-lenges, and their understanding of the concept of the CCD differs, the notion for common development and common security is widely shared and gener-ally advocated by chapter contributors.

The book chapters are the updated version of the selected papers present-ed at “Building the Community of Common Destiny between China and Its Neighbors: Challenges and the Future”, a conference jointly held by the Na-tional Institute of Global Strategy at the Chinese Academy of Social Sciences and University of International Relations (China). The book chapters were contributed by thirty experts from China’s top think tanks and their counter-parts from 20 neighboring countries.

200pp Apr 2019978-981-3278-71-4 US$88 £75

• NORTH&SOUTH WorldScientificPublishingCo.Inc. AMERICA 27 Warren Street, Suite 401-402, Hackensack, NJ 07601, USA Fax: 1-201-487-9656 Tel: 1-201-487-9655 Email: sales_us@wspc.com

• EUROPE&THE World Scientific Publishing (UK) Ltd. MIDDLEEAST c/o Marston Book Services, P O Box 269, Abingdon, Oxon OX14 4YN, UK Fax: 44 (0) 123 546 5555 Tel: 44 (0) 123 546 5500 Email: direct.orders@marston.co.uk

• ASIA&THE WorldScientificPublishingCo.Pte.Ltd. RESTOFTHE 5 Toh Tuck Link SINGAPORE 596224 Fax: 65 6467 7667 Tel: 65 6466 5775 Email: sales@wspc.com.sg WORLD

For orders or enquiries, please contact any of our offices below or visit us at: www.worldscientific.com

NR/KT/08/18/01/CCPrinted in Mar 2019

* Prices subject to change without prior notice

Series on China’s Belt and Road Initiative - Volume 2

China’s Belt and Road The Initiative and Its Financial FocusBy: Xugang Yu (Dentons Law Offices, China), Cristiano Rizzi (Link to Beijing Consulting Partnership Enterprise, China), Mario Tettamanti (Link To Beijing Consulting Part-nership Enterprise, China), Fabio E Ziccardi (Milan Uni-versity, Italy), Li Guo (Peking University, China)

This book aims at illustrating the OBOR Initiative (also known as “Belt and Road Initiative” or BRI), its many fac-ets, including its background, and how the Chinese gov-

ernment intends to develop this ambitious project. It describes in detail the role and involvement of Institutions (lenders, in particular) in the OBOR Initiative. It offers guidance on how interested parties can participate in the different projects connect-ed to the Initiative. The views of the authors, on the main aspects of this Initiative, serve as suggestions to parties interested in taking part in this Initiative.

The book provides an exceptional amount of information about how projects con-nected to the BRI Initiative are financed and developed. The involvement of UBS clearly shows that financial institutions are interested in financing the Initiative.

There is a special focus on the relationship between China and the EU, because the scope of this Initiative is not only to boost trade relationships between the two regions but also create new opportunities for all the countries along the new Silk Road.

356pp May 2018978-981-3239-53-1 US$118 £105

The New Silk Road: China Meets Europe in the Baltic Sea Region A Business PerspectiveEdited by: Jean-Paul Larçon (HEC Paris, France)

The “Belt and Road” initiative announced by Chinese President Xi Jinping in 2013 aims at reviving the ancient trade routes connecting China to Europe and Africa: the “21st Century Maritime Silk Road” and the inland “Silk Road Economic Belt”. Both maritime and land routes of

the New Silk Road meet Europe in the Baltics — a region accounting for some 150 million inhabitants representing 30% of the total EU population. The maritime route enters Europe through the Mediterranean Sea before reaching the largest European seaports of the North Sea and the Baltic Sea up to Saint Petersburg in Russia. The land route starting from West China crosses Central Asia, Russia and Belarus before reaching the shores of the Baltic Sea.

This book focuses on the business and economic dimensions of China’s initiative: Chinese government objective and policies, the strategies of Chinese and foreign firms along the Silk Road, trade and investment between China and Nordic-Baltic countries, the Eurasia Land Bridge corridors and logistics, the impact of the New Silk Road on the economies of Central Asia, new institutions financing the “Belt and Road”, cross-cultural challenges and Sino-foreign joint ventures along the New Silk Road. The direct impact of China’s initiative on economic sectors such as logistics services; the shipping, port management and maritime industry; construction and high-speed train; energy and engineering; and e-commerce, information technolo-gy and tourism will be assessed.

Readers will be provided with an in-depth analysis of the opportunities and chal-lenges for companies and regions along the New Silk Road as well as 17 short case studies focusing on China-led projects currently developed along the “Belt and Road” and 15 maps of the New Silk Road, the Baltic Sea Region and Central Asia to help in understanding China’s vision and strategic moves.

288pp May 2017978-981-3221-80-2 US$108 £90

China’s Belt and Road Initiatives and Its Neighboring DiplomacyEdited by: Jie Zhang (Chinese Academy of So-

cial Sciences, China)

This book studies China’s Belt and Road Initia-tives and the country’s neighboring diploma-cy. The Belt and Road Initiatives proposed by Chinese President Xi Jinping in 2013 consist

of two main components, the land-based “Silk Road Economic Belt” and ocean-going “Maritime Silk Road”. China has implemented the initiatives by establishing Asian Infrastructure Investment Bank and Silk Road Fund. This book focuses on analysis of the initiatives and the re-sponses from the major powers, neighboring countries and regions.

The book consists of four parts: the Overview; The Belt and Road Ini-tiatives and Big Powers; The Belt and Road Initiative and Regions; The Belt and Road Initiative and Hot Issues. The Overview explicates the strategic orientations, connotations and approaches of implementation of the initiatives from a theoretical perspective. The second part ana-lyzes the Asia-Pacific strategies of four great powers, namely the United States, Russia, Japan and India, their relations with China and responses to the initiative. The third part discusses the Belt and Road Initiatives and four regions, namely Northeast Asia, Southeast Asia, South Asia, and Central Asia. It evaluates their attitudes and responses towards the Belt and Road Initiatives, strategic docking and major challenges in this regard. The fourth part touches upon the initiatives and current hot issues including non-traditional security, the South China Sea dispute, and venture analysis on investment environment renovation.

316pp Dec 2016978-981-3140-20-2 US$118 £98

China’s One Belt One Road InitiativeBy: Tai Wei Lim (East Asian Institute, NUS, Singapore), Henry Hing Lee Chan (Singapore Management University, Singapore), Katherine Hui-Yi Tseng (East Asian Institute, NUS, Singapore), Wen Xin Lim (East Asian Institute, NUS, Singapore)

Chinese President Xi Jinping launched the Silk Road Economic Belt component of the One Belt One Road (OBOR) initiative at Kazakh-

stan 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. 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.

356pp Jul 2016978-1-78326-929-7 US$115 £95