The Belt and Road Initiative and international business policy: A kaleidoscopic perspective

Jiatao Li (), Ari Van Assche, Xiaolan Fu, Lee Li and Gongming Qian
Additional contact information
Jiatao Li: Hong Kong University of Science and Technology
Ari Van Assche: HEC Montréal
Lee Li: School of Administrative Studies, York University
Gongming Qian: Southern University of Science and Technology

Journal of International Business Policy, 2022, vol. 5, issue 2, No 1, 135-151

Abstract: Abstract In this editorial, we take stock of the nature and scope of China’s global development strategy named the “Belt and Road Initiative” (BRI), and how it influences international business (IB) policy. We build on the state of the current IB literature on the BRI and the findings of the Special Issue articles to suggest the need for complex integrative thinking on the initiative. We show that the BRI – like a kaleidoscope – elicits vastly different patterns of opportunities and challenges as we turn the perspective from policymakers in China, to governments in BRI host countries, and to officials in third countries. We illustrate how the application of integrative thinking to these perspectives allows for the identification when BRI projects generate tensions between countries and how this influences their IB policies. We further discuss under which circumstances BRI projects may benefit all sides and which IB policies can help promote these types of projects. We conclude with a discussion of future research directions.

Keywords: Belt and Road Initiative; international business policy; BRI projects; complex integrative thinking (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (6)

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DOI: 10.1057/s42214-022-00136-x

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