Impacts of the Belt and Road Initiative on China's International Image: Preliminary Evidences

Jan Piaw Thomas VOON; Xinpeng XU

Impacts of the Belt and Road Initiative on China's International Image: Preliminary Evidences

Jan Piaw Thomas VOON
, Xinpeng XU^*

^*Corresponding author for this work

Lingnan University

Research output: Other Conference Contributions › Conference Paper (other) › Research › peer-review

Abstract

Using latest available international survey data on soft power and China’s overseas direct investment (ODI) statistics, this paper examines if China’s Belt and Road Initiative (BRI), announced in November 2013 and commonly perceived as an institution set up by China to build cross-border infrastructure to bolster trade and investment, had increased China’s international image or soft power. Although we find that the overall impact of ODI in BRI countries on China’s soft power is statistically insignificant over the period 2011 to 2016, further analysis reveals that the investments in those Belt and Road countries that are located along the “Belt” (or “Land”) route does bring significant improvement in China’s soft power.

Original language	English
Number of pages	18
Publication status	Published - 15 Dec 2018
Event	The 10th Biennial Conference of the Hong Kong Economic Association : 第十届香港经济学会双年学术会议 - Xiamen University, Xiamen, China Duration: 14 Dec 2018 → 15 Dec 2018

Conference

Conference	The 10th Biennial Conference of the Hong Kong Economic Association : 第十届香港经济学会双年学术会议
Country/Territory	China
City	Xiamen
Period	14/12/18 → 15/12/18

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 9 Industry, Innovation, and Infrastructure
SDG 17 Partnerships for the Goals

Cite this

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title = "Impacts of the Belt and Road Initiative on China's International Image: Preliminary Evidences",

abstract = "Using latest available international survey data on soft power and China{\textquoteright}s overseas direct investment (ODI) statistics, this paper examines if China{\textquoteright}s Belt and Road Initiative (BRI), announced in November 2013 and commonly perceived as an institution set up by China to build cross-border infrastructure to bolster trade and investment, had increased China{\textquoteright}s international image or soft power. Although we find that the overall impact of ODI in BRI countries on China{\textquoteright}s soft power is statistically insignificant over the period 2011 to 2016, further analysis reveals that the investments in those Belt and Road countries that are located along the “Belt” (or “Land”) route does bring significant improvement in China{\textquoteright}s soft power.",

author = "VOON, \{Jan Piaw Thomas\} and Xinpeng XU",

year = "2018",

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day = "15",

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Impacts of the Belt and Road Initiative on China's International Image: Preliminary Evidences. / VOON, Jan Piaw Thomas; XU, Xinpeng.
2018. Paper presented at The 10th Biennial Conference of the Hong Kong Economic Association : 第十届香港经济学会双年学术会议, Xiamen, China.

Research output: Other Conference Contributions › Conference Paper (other) › Research › peer-review

TY - CONF

T1 - Impacts of the Belt and Road Initiative on China's International Image: Preliminary Evidences

AU - VOON, Jan Piaw Thomas

AU - XU, Xinpeng

PY - 2018/12/15

Y1 - 2018/12/15

N2 - Using latest available international survey data on soft power and China’s overseas direct investment (ODI) statistics, this paper examines if China’s Belt and Road Initiative (BRI), announced in November 2013 and commonly perceived as an institution set up by China to build cross-border infrastructure to bolster trade and investment, had increased China’s international image or soft power. Although we find that the overall impact of ODI in BRI countries on China’s soft power is statistically insignificant over the period 2011 to 2016, further analysis reveals that the investments in those Belt and Road countries that are located along the “Belt” (or “Land”) route does bring significant improvement in China’s soft power.

AB - Using latest available international survey data on soft power and China’s overseas direct investment (ODI) statistics, this paper examines if China’s Belt and Road Initiative (BRI), announced in November 2013 and commonly perceived as an institution set up by China to build cross-border infrastructure to bolster trade and investment, had increased China’s international image or soft power. Although we find that the overall impact of ODI in BRI countries on China’s soft power is statistically insignificant over the period 2011 to 2016, further analysis reveals that the investments in those Belt and Road countries that are located along the “Belt” (or “Land”) route does bring significant improvement in China’s soft power.

M3 - Conference Paper (other)

T2 - The 10th Biennial Conference of the Hong Kong Economic Association : 第十届香港经济学会双年学术会议

Y2 - 14 December 2018 through 15 December 2018

ER -

Impacts of the Belt and Road Initiative on China's International Image: Preliminary Evidences

Abstract

Conference

UN SDGs

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