
Environment Risks and Their Responses to Chinese Companies Investing in Countries along the “Belt and Road”: Solutions Based on the International Investment Law
- 1 Zhongnan University of Economics and Law
* Author to whom correspondence should be addressed.
Abstract
In recent years, China’s investment in countries along the “Belt and Road” has gradually expanded. Minerals, energy, manufacturing, infrastructure, engineering construction, etc. are key industries for Chinese companies to invest in countries along the road. Legal deficiencies in the host country’s environment, behavioral defects of overseas investment companies, and the lack of regulatory norms and weak supervision of environment risks in China increase the potential environmental liability risk of Chinese companies. On the purpose of reducing the occurrence of environment risks, this paper takes the international investment law as the entry point, adopts the literature review method and data induction method, and combines a large number of environment risk treatment cases of Chinese companies in the project investment, and proposes five solutions: include environmental protection clauses when signing international treaties with host countries; Strengthen companies’ environmental responsibilities and environmental disclosure obligations; Special legislation for overseas investment by companies; Fully use the role of overseas investment insurance and establishing a diversified mechanism for resolving international environmental disputes.
Keywords
environment risks, Belt and Road, international investment law
[1]. Irina G, Irina Z. (2016) The Silk Road Economic Belt and green growth in the east of Russia. Journal of resources and ecology, 7(5), 342-351.
[2]. Chen Demin, Zheng Zeyu. (2020) Legal Regulations on Environmental Risks of Chinese Enterprises’ Investment in Countries along the “Belt and Road”. Xinjiang Social Sciences, 2, 83-90+147-148.
[3]. Zhai Huixia. (2012) Analysis of Australian People’s Cognition towards China: An Empirical Study Based on the Annual Survey Report “Australia and the World” (2007-2012) . Contemporary Asia Pacific, 5, 121-137+160.
[4]. Wu Zhi, Zhong Yunyi. (2017) Research on the “general exception” clause in Sino foreign bilateral investment agreements -- from the perspective of the “Belt and Road” initiative. Journal of Central South University (Social Sciences Edition), 23(4), 18-26.
[5]. Ning Hongling, Qi Tong. (2016) The “Belt and Road” initiative and the principle of sustainable development - the perspective of international investment law. Wuhan University International Law Review, 19(1): 228-245.
[6]. Liu Wanxiao. (2017) Conflict and Coordination between Environmental Protection and International Investment System from the Perspective of Global Governance. Qilu Academic Journal, 4, 97-102.
[7]. Federico O. (2005) The social dimension of international investment agreements: Drafting a new BIT/MIT model?. International Law Forum du droit International, 7(4).
[8]. Albareda L. (2008) Corporate responsibility, governance and accountability: from self-regulation to co-regulation. Corporate Governance, 8(4).
[9]. Tiantian Z. (2021) Environmental Challenges, Opportunities, and Policy Implications to Materialize China’s Green Belt and Road Initiative. Sustainability, 13(18).
[10]. Li Qing. (2018) Research on the Legal Environment for International Investment under the “Belt and Road” Initiative. Henan University of Economics and Law.
[11]. Huang Y. (2019)Environmental risks and opportunities for countries along the Belt and Road: Location choice of China’s investment. Journal of Cleaner Production, 211.
[12]. Xiao Bei. (2019) Research on Ecological Environmental Risks and Legal Countermeasures of Chinese Enterprises’ Investment in Countries along the “ Belt and Road”. International Forum, 21(4), 89-103+158.
[13]. Sun Youhai. (2017) Research on the Regulation of Green “Belt and Road” Environmental Law. China Law Journal, 6,110-128.
[14]. Xiao Qinghua. (2020) Environmental risks and legal countermeasures of Chinese enterprises’ overseas investment in the context of the “Belt and Road” . Jilin University.
Cite this article
Chen,X. (2023). Environment Risks and Their Responses to Chinese Companies Investing in Countries along the “Belt and Road”: Solutions Based on the International Investment Law. Lecture Notes in Education Psychology and Public Media,28,1-7.
Data availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
Disclaimer/Publisher's Note
The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of EWA Publishing and/or the editor(s). EWA Publishing and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content.
About volume
Volume title: Proceedings of the 2nd International Conference on Interdisciplinary Humanities and Communication Studies
© 2024 by the author(s). Licensee EWA Publishing, Oxford, UK. This article is an open access article distributed under the terms and
conditions of the Creative Commons Attribution (CC BY) license. Authors who
publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons
Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this
series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published
version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial
publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and
during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See
Open access policy for details).