The China in Africa Podcast [GLOBAL SOUTH] Chinese Overseas Investment: Which Countries Will Benefit Most?
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Nov 14, 2023 Chinese companies are investing closer to home in Asia instead of Africa and other less-developed regions. The podcast explores the evolution of the Belt and Road Initiative (BRI), green projects, and the progress of specific deals. It also contrasts the attitudes on migration between Europe and China, and compares China and Europe's engagement with the global south.
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BRI Evolution and Political Significance
- The Belt and Road Initiative (BRI) continues evolving with a focus on green and digital projects.
- It remains politically significant, with new financing pledges and strategic shifts in participant countries.
Trans-Caspian Trade Route Potential
- The Trans-Caspian Sea Network aims to shorten trade routes between China and Europe significantly.
- Challenges include administrative bottlenecks and the need for trade harmonization among many countries.
Asian Corridor Challenges and Risks
- Ambitious Asian corridors like Thailand Overland Route may reshape trade but require strong geopolitical justification.
- Their high costs and domestic political dynamics make outcomes uncertain but under careful watch.