Chinese Business and the Belt and Road Initiative: Institutional Strategies (Routledge Advances in Management and Business Studies)

This book looks at how Chinese companies optimize investment opportunities while implementing the Belt and Road Initiative (B&R or BRI). Specifically, it studies five high-profile infrastructure projects undertaken by Chinese firms. Going in-depth through case-study analysis, this book fills a gap by providing the background stories of these projects. By applying a case study approach to five notable and representative B&R projects, including Hambantota Port, the Port de Djibouti, and China–Belarus Industrial Park, it is found that strategies of Chinese firms to implement the BRI have been designed to achieve property rights security, reduction of transaction costs, and internalization of benefits overflowing from expanded business scope or multiple business lines. With firsthand data from host stakeholders and on-ground project managers, this book is a highly relevant and valuable text for policy makers and researchers hoping to understand the policy impact and implications of B&R investments on targeted countries "This book looks at how Chinese companies optimize investment opportunities while implementing the Belt and Road (B&R) Initiative. Specifically, it studies five high-profile infrastructure projects undertaken by Chinese firms. Going in-depth through case-study analysis, this book fills a gap by providing the background stories of these projects. By applying a case study approach to five notable and representative B&R projects including Hambantota Port, Port de Djibouti, and China-Belarus Industrial Park, it is found that Chinese firm strategies to implement the B&R Initiative have been designed to achieve property rights security, reduction of transaction costs, and internalization of overflow benefits from expanded business scope or multiple business lines. With first-hand data from host stakeholders and on-ground project managers, this book is a highly relevant and valuable text for policy makers and researchers hoping to understand the policy impact and implications of B&R investments on targeted countries"-- Provided by publisher Cover Half Title Series Title Copyright Dedication Contents List of boxes List of figures List of tables Foreword Acknowledgments List of abbreviations 1 Introduction 2 Silk Roads and case country institutions 3 Profile of case actors and cases 4 CMPort’s investments in Sri Lanka 5 China Merchants’ investments in Djibouti 6 China Merchants’ investments in Belarus 7 Cross-case surveys and policy implications 8 Chinese firms’ institutional strategies 9 Firm institutional strategies in BRI context 10 Conclusion Index Introduction -- Silk Roads History and Case Country Institutional Dynamics -- Profile of Case Actors and Cases -- CMPort's Investments in Sri Lanka -- China Merchants' Investments in Djibouti -- China Merchants' Investment in Belarus -- Cross-Case Generalizations and Policy Implications -- Chinese Firms' Institutional Strategies -- Generalizations and Implications of Chinese Firms' Institutional Strategies -- Conclusion