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2. The United Kingdom's Belt and Road Initiative strategy after Brexit
- Author:
- Benjamin Barton
- Publication Date:
- 06-2019
- Content Type:
- Policy Brief
- Institution:
- Asia Research Institute, University of Nottingham
- Abstract:
- As China’s President Xi Jinping’s signature foreign policy programme, the Belt and Road Initiative (BRI) has become one of the world’s most active infrastructure development drivers. The BRI is helping to meet the increasing demand for infrastructure development in emerging markets across the world. This policy is unlikely to change due to the importance that the Chinese government attributes to the BRI, with it now being formally enshrined into the Chinese Communist Party (CCP) constitution. For the UK, the BRI stakes are high; it matters both domestically and internationally. It is impacting the wellbeing of countries that are of strategic importance to the UK. It also contributes to the emerging geopolitical rivalry on infrastructure financing. The government should explore bilateral and multilateral venues to seek to cooperate with China on the BRI by developing a UK BRI strategy post-Brexit.
- Topic:
- Development, Bilateral Relations, Infrastructure, Geopolitics, Brexit, Multilateralism, Belt and Road Initiative (BRI), and Economic Cooperation
- Political Geography:
- Britain, China, United Kingdom, and Asia
3. The United Kingdom's Belt and Road Initiative strategy after Brexit: Background Report
- Author:
- Benjamin Barton
- Publication Date:
- 06-2019
- Content Type:
- Special Report
- Institution:
- Asia Research Institute, University of Nottingham
- Abstract:
- As China and President Xi Jinping signature foreign policy programme, the BRI has become in a very short space of the time one of the world’s largest and most active international infrastructure development drivers. The BRI is helping, in a significant manner, to meet the increasing demand for infrastructure development and upgrades in emerging markets – a trend that is unlikely to slow anytime time soon, especially given the initiative’s current importance to the Chinese government. For the British government (from here onwards ‘government’), although the UK is unlikely to be a prime destination for BRI projects (for now), the BRI stakes are high. Not only do BRI projects impact the economic wellbeing of a number of countries of strategic importance to the UK, but the government cannot remain passive in the emerging geopolitical context of infrastructure development and financing rivalry. In addition, in light of its relative post-Brexit geopolitical isolation, the government needs to adopt a firm and unequivocal political stance in dealing with its Chinese counterpart should the UK itself become the recipient of BRI projects.
- Topic:
- Economics, Bilateral Relations, Geopolitics, Brexit, Multilateralism, and Belt and Road Initiative (BRI)
- Political Geography:
- China, United Kingdom, and Asia