Belt and Road Initiative – A perspective from China
This publication sets out a presentation given by Dr. Chen Taotao, Director of the Latin American Center and professor of International Business at Tsinghua University. This presentation, in May 2019, was attended by Peru’s then Minister of Foreign Trade and Tourism, Edgar Vásquez; and Ambassador Elard Escala, Director General of Asia and Oceania at the Ministry of Foreign Affairs at the time. The paper analyzes the barriers that companies face when doing business due to the differences between countries at the macro and micro levels, which constitutes an obstacle in international investment. It also notes the increased participation of Chinese companies on the international stage since 2004 and the emergence of the Belt and Road Initiative (BRI) in 2013, setting these developments in context and charting their evolution to include Latin America by 2018. In addition, the paper remarks on how the BRI expanded a cooperation-centered mechanism to include important topics such as the environment, innovation, prosperity, and others. It stresses the importance of public infrastructure to the initiative and the collaboration of the other participating countries.
- Center for China and Asia-Pacific Studies
Director, Latin American Center
Chen, T. (2019). Belt and Road Initiative – A perspective from China. In La Iniciativa China de “la Franja y la Ruta” y el Perú: Alcances, oportunidades y desafíos. (No. 2019–4; Conference Documents Series of the Center for China and Asia-Pacific Studies at Universidad del Pacífico).