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China–Australia Economic Cooperation and the Belt and Road Initiative

Author

Listed:
  • Peter Drysdale
  • Dong Dong Zhang
  • in association with CCIEE

Abstract

China’s Belt and Road Initiative (BRI) relates to the overarching agenda for cooperation between Australia and China based on their shared interest in an open global economic system and reforms that promote the effectiveness of participation in the international market. These interests should guide the approach to regional and global cooperation. The BRI offers a framework for deepening cooperation through a process of open regionalism that promotes : policy cooperation on economic issues of importance to both countries; the exploration of priorities for investment to enhance connectivity; trade and direct investment; the deepening of financial links; and the expansion of people-to-people exchanges.

Suggested Citation

  • Peter Drysdale & Dong Dong Zhang & in association with CCIEE, 2017. "China–Australia Economic Cooperation and the Belt and Road Initiative," EABER Working Papers 26128, East Asian Bureau of Economic Research.
    • Handle: RePEc:eab:wpaper:26128
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    File URL: http://www.eaber.org/node/26128
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    More about this item

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements

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