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Impact of the Belt and Road Initiative on the development of bilateral trade between China and South Asian countries

In: Proceedings of the 2024 International Conference on Digital Economy and Marxist Economics (ICDEME 2024)

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  • Huiyu Liu

    (Xi’an Jiaotong–Liverpool University)

Abstract

This study investigates the impact of the Belt and Road Initiative (BRI) on bilateral trade between China and South Asian countries through a quantitative research approach. The research focuses on the independent variable of BRI participation, comparing India, which does not participate, with Pakistan, which does. The dependent variable is the development of bilateral trade, measured by total imports and exports and their growth rates from 2014 to 2022. Findings confirm Hypothesis 1, showing a significant positive correlation between BRI participation and total trade volume. However, Hypothesis 2 is not supported, as no significant relationship is found between BRI participation and trade growth rates. The study highlights the influence of other factors on trade growth rates and suggests future research should expand the sample size for more robust analysis.

Suggested Citation

  • Huiyu Liu, 2024. "Impact of the Belt and Road Initiative on the development of bilateral trade between China and South Asian countries," Advances in Economics, Business and Management Research, in: Yongjun Guan & Yan Duan & Tao Wang & Chuan Liang (ed.), Proceedings of the 2024 International Conference on Digital Economy and Marxist Economics (ICDEME 2024), pages 4-12, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-636-9_2
    DOI: 10.2991/978-94-6463-636-9_2
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