IDEAS home Printed from https://ideas.repec.org/a/wej/wldecn/756.html
   My bibliography  Save this article

The Belt and Road Initiative (BRI) and China’s European Ambitions

Author

Listed:
  • Theodore Pelagidis
  • Hercules Haralambides

Abstract

Recent research shows that a 10% improvement in connectivity between countries along the “Maritime Silk Road†would deliver a 3% decrease in Chinese trade costs, which would in turn boost China’s imports and exports by around 6% and 9% respectively. We identify two ‘missing links’ of BRI: a) connecting the Caspian- to the Black Sea, from Turkmenistan to Romania (branching to Istanbul), and from there – through the port of Constanza and the Danube-Rhine fluvial corridor- all the way up to the North Sea, to Rotterdam in particular; b) connecting the Upper Persian Gulf port system to the Mediterranean. COSCO’s target for Piraeus is for it to become the biggest European port over the next decade, doubling its cargo handling capacity.

Suggested Citation

  • Theodore Pelagidis & Hercules Haralambides, 2019. "The Belt and Road Initiative (BRI) and China’s European Ambitions," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 20(3), pages 221-232, July.
    • Handle: RePEc:wej:wldecn:756
    as

    Download full text from publisher

    File URL: https://www.worldeconomics.com/Journal/Papers/Article.details?ID=756
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Theo E. Notteboom & Hercules E. Haralambides, 2020. "Port management and governance in a post-COVID-19 era: quo vadis?," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 22(3), pages 329-352, September.
    2. Seyedashkan Madani, 2021. "The BRI and its Implications for China s Energy Security: The Four As Model Perspective," International Journal of Energy Economics and Policy, Econjournals, vol. 11(4), pages 549-559.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wej:wldecn:756. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ed Jones (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.