How Does the BRI Reflect China's Rise and Its Influence in World Politics?

Xingrui Li

doi:10.54254/2977-5701/1/2023001

Research Article

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Published on 25 October 2023

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Li,X. (2023). How Does the BRI Reflect China's Rise and Its Influence in World Politics?. Journal of Applied Economics and Policy Studies,1,1-11.

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How Does the BRI Reflect China's Rise and Its Influence in World Politics?

Xingrui Li *^,1,

¹ Xi’an Jiaotong-liverpool University

* Author to whom correspondence should be addressed.

https://doi.org/10.54254/2977-5701/1/2023001

Abstract

As economies become more globalized and regional integration increases, global trade is closely linked, and after the economic reform and opening up, China's trade volume has increased year by year, becoming the second largest economy in the world. However, in these years of rapid development, China has also begun to overcapacity, slowing down its economic development. In order to improve China's domestic overcapacity situation, as well as to better carry out the development of economic integration, China's President Xi Jinping put forward the BRI. This paper focuses on how the BRI reflects China's rise and its impact on the global political and economic arena, and analyzes its implications for China's development trends and international relations. From cultural, economic, and political perspectives, and by examining the quantitative analysis of the impact of the BRI on trade, this paper explores the empirical case study of the China-Central Asia Gas Pipeline (CCAGP) and finds that the BRI has boosted the trade turnover of the countries along the route, and has contributed to the development of China's internal development and international cooperation. international cooperation. The case study of the China-Central Asia Gas Pipeline (CCAGP) reveals more concretely that China has utilized infrastructure development to broaden new strategic routes in order to safeguard China's energy interests and security, and to promote cooperation with the Central Asian region. The "BRI" has enabled China to contribute to the formation of a new economic order centered on China in the form of trade cooperation, which helps to enhance international discourse. Through the BRI, China's international influence has been increasing and its role in the international arena is growing.

Keywords

BRI, international trade, CCAGP

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Cite this article

Li,X. (2023). How Does the BRI Reflect China's Rise and Its Influence in World Politics?. Journal of Applied Economics and Policy Studies,1,1-11.

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Journal：Journal of Applied Economics and Policy Studies

Volume number: Vol.1

ISSN：2977-5701(Print) / 2977-571X(Online)

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