China-Belarus Cooperation Under “Belt and Road Initiative”

Author
Weihong Xu
Content Type
Special Report
Institution
Pangoal Institution
Abstract
As the programmatic strategy of China’s economic reopening, “Belt and Road Initiative" has gained more and more recognition from abroad. Belarus, as it sits at the core of the New Silk Road Economy Zone, is also coming to the stage. Belarus has a good geographic location and advantageous natural conditions, but the difficulty of seeking Western assistance in developing its real economy has been constantly rising after Brexit, isolationist Trump, and the rising of anti-globalism in Europe. Consequently, Belarus has been responding positively to China’s BRI. Especially in the cooperation of production capacity, Belarus industries are sincerely looking at China, as China is the only great economy that transcends from planned economy to market economy.
Topic
Development, International Cooperation, Economy, Belt and Road Initiative (BRI)
Political Geography
China, Eurasia, Belarus