India’s Approach to China’s Belt and Road Initiative—Opportunities and Concerns

Journal article


Sharma, M. (2019). India’s Approach to China’s Belt and Road Initiative—Opportunities and Concerns. The Chinese Journal of Global Governance. https://doi.org/10.1163/23525207-12340041
AuthorsSharma, M.
Abstract

China’s Belt and Road Initiative (BRI) as a geoeconomic vision and geopolitical strategy is closely watched and scrutinised by Indian economists, diplomats, and strategists. Perspectives on India’s approach to the BRI can broadly be classified into three—the optimist, the sceptic and the cautionary. Whereas, economists generally appear optimistic, there is a sense of uneasiness within India’s strategic community that the BRI represents much more than China’s ambition to emerge as an economic leader in the region. This article argues that India’s approach to the BRI has largely been pragmatic, cautious and complex. Accordingly, India has taken an atomistic approach to the various components of the BRI depending on its security and economic needs, which explains why on the one hand India has become increasingly receptive of the Bangladesh-China-India-Myanmar Economic Corridor (BCIM EC) and on the other continues to publicly oppose the China-Pakistan Economic Corridor (CPEC).

KeywordsBelt and Road Initiative; India; bilateral cooperation; pragmatism; China-Pakistan Economic Corridor; Bangladesh-China-India-Myanmar Economic Corridor; Asian Infrastructure Investment Bank; Maritime Silk Road
Year2019
JournalThe Chinese Journal of Global Governance
PublisherBrill
ISSN2352-5207
Digital Object Identifier (DOI)https://doi.org/10.1163/23525207-12340041
Web address (URL)https://brill.com/view/journals/cjgg/5/2/article-p136_3.xml
Publication dates
Print14 Oct 2019
Publication process dates
Deposited11 Oct 2022
Publisher's version
License
Accepted author manuscript
License
File Access Level
Controlled
Permalink -

https://openresearch.lsbu.ac.uk/item/91965

Download files


Publisher's version
cjgg-article-p136_3 (1).pdf
License: CC BY-NC 4.0

  • 65
    total views
  • 56
    total downloads
  • 0
    views this month
  • 1
    downloads this month

Export as

Related outputs

Lawyers as Law-Makers in Investor-State Arbitration: Implications for its Legitimacy and Current Reforms
Sharma, M. (2022). Lawyers as Law-Makers in Investor-State Arbitration: Implications for its Legitimacy and Current Reforms. Transnational Dispute Management .
Integrating, Reconciling and Prioritising Climate Aspirations in Investor-State Arbitration for a Sustainable Future: The Role of Different Players
Sharma, M. (2022). Integrating, Reconciling and Prioritising Climate Aspirations in Investor-State Arbitration for a Sustainable Future: The Role of Different Players. Journal of World Investment & Trade . 23, p. 744–774. https://doi.org/10.1163/22119000-12340269
Arbitration Institutes as System Builders
Sharma, M. (2021). Arbitration Institutes as System Builders. Transnational Dispute Management Journal.
A Fair Alternative to Unfair Arbitration: Proposing an Ombudsman Scheme for Consumer Dispute Resolution in the USA
Sharma, M. (2020). A Fair Alternative to Unfair Arbitration: Proposing an Ombudsman Scheme for Consumer Dispute Resolution in the USA. Journal of the International Ombudsman Association .
The Arbitration and Conciliation (Amendment) Act, 2015 - Introducing an Indirect Regulatory Regime for Arbitrators in India
Sharma, M. (2017). The Arbitration and Conciliation (Amendment) Act, 2015 - Introducing an Indirect Regulatory Regime for Arbitrators in India. The Voice [the official magazine of the Gauhati High Court Bar Association, India].
Corporate Governance and CSR under the New Legal Regime
Sharma, M. (2015). Corporate Governance and CSR under the New Legal Regime. Changing Face of Corporates with reference to Amended Provisions of CSR in the Companies Act, 2013. Gandhinagar, Gujarat, India 25 - 26 Jul 2015 Unitedworld School of Law.
Effective Interpretation Of Defective Arbitration Clauses: An International Approach
Sharma, M. (2008). Effective Interpretation Of Defective Arbitration Clauses: An International Approach. Indian Council of Arbitration Quarterly. 43(3).