Abstract
The COVID-19 pandemic and its aftershock might be a game changer for global relations. Arguably, COVID-19 has increased de-globalization, great power competition, and political warfare; this has fostered active debate around potential power outcomes in the years to come. The global pandemic has quite quickly shifted power and influence from the west to the east, as China’s positioning in the world is now in an intense spotlight. A strategic driver of China’s outbound bid for more economic power is the Belt and Road Initiative (BRI). Unsurprisingly, however, the BRI scheme has experienced delays and disruption due to quarantine and containment measures that have been imposed. The COVID-19 pandemic is emerging as a moment of reckoning for China’s role in the global economy, particularly in two areas: (1) its supremacy, and (2) control of supply chains globally. This chapter, which includes research on COVID-19 and Global Power Shifts, aims to provide an overview of key aspects of how COVID-19 alters the flow of BRI activity. It will try to respond to the question of whether COVID-19 could restructure the global order.
Original language | English |
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Title of host publication | The Palgrave Handbook of Globalization with Chinese Characteristics |
Subtitle of host publication | The Case of the Belt and Road Initiative |
Editors | Paulo Afonso Brardo Duarte , Francisco José Bernardino da Silva Leandro, Enrique Martínez Galán |
Publisher | Palgrave Macmillan, Singapore |
Chapter | 10 |
Pages | 153-165 |
Number of pages | 13 |
Edition | 1st |
ISBN (Electronic) | 9789811967009 |
ISBN (Print) | 9789811966996 |
DOIs | |
Publication status | Published - 8 Jan 2023 |