The Environmental Sustainability Practices of Chinese Enterprises Operating in Serbia

China’s Belt and Road Initiative, often known as One Belt, One Road (OBOR), is one of President Xi Jinping’s most ambitious international and economic undertakings. It seeks to connect Asia, Africa, and Europe via maritime and land networks in order to strengthen regional solidarity, promote trade, and stimulate economic growth. Because of its geopolitical orientation, the Balkan Peninsula, which contains the road networks, is crucial for the Belt and Road Project. The land route from China to Europe goes through Turkey. Beijing is trying to infiltrate Europe through the Balkan countries, which will open up a big market for China. From year to year, Chinese interest in Serbia has grown. Among all Western Balkan countries, Serbia stands out when we talk about the Chinese investment rate in the Western Balkan countries. A plethora of bilateral agreements exist between China and Serbia, including the Free Trade Agreement (FTA) and the Comprehensive Strategic Partnership Agreement. Chinese investments in Serbia are primarily concentrated in the following sectors: transportation, energy, telecommunications, infrastructure, and agriculture. The legitimate question in this case is what is the possible opportunity that is being sought by the Republic of China? What are the interests behind these investments in various areas? To find these answers in regard to trade and investment by BRI in Serbia is the primary goal of this research paper.

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Publication Details

Journal
Hong Kong Review of Belt and Road Studies
Published
2024-12-30
DOI
https://doi.org/10.63596/oborjournal.2.2024.66-76
Primary Topic
Regional Development and Management Studies
Type
article
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The Environmental Sustainability Practices of Chinese Enterprises Operating in Serbia

Manish Jaiswal, Kristína Šebová
Hong Kong Review of Belt and Road Studies
Regional Development and Management Studies
article

The Environmental Sustainability Practices of Chinese Enterprises Operating in Serbia

Manish Jaiswal, Kristína Šebová
article en

Abstract

China’s Belt and Road Initiative, often known as One Belt, One Road (OBOR), is one of President Xi Jinping’s most ambitious international and economic undertakings. It seeks to connect Asia, Africa, and Europe via maritime and land networks in order to strengthen regional solidarity, promote trade, and stimulate economic growth. Because of its geopolitical orientation, the Balkan Peninsula, which contains the road networks, is crucial for the Belt and Road Project. The land route from China to Europe goes through Turkey. Beijing is trying to infiltrate Europe through the Balkan countries, which will open up a big market for China. From year to year, Chinese interest in Serbia has grown. Among all Western Balkan countries, Serbia stands out when we talk about the Chinese investment rate in the Western Balkan countries. A plethora of bilateral agreements exist between China and Serbia, including the Free Trade Agreement (FTA) and the Comprehensive Strategic Partnership Agreement. Chinese investments in Serbia are primarily concentrated in the following sectors: transportation, energy, telecommunications, infrastructure, and agriculture. The legitimate question in this case is what is the possible opportunity that is being sought by the Republic of China? What are the interests behind these investments in various areas? To find these answers in regard to trade and investment by BRI in Serbia is the primary goal of this research paper.

Hong Kong Review of Belt and Road Studies(2)
Indian Council for Research on International Economic Relations (IN), Matej Bel University (SK)
Openalex Percentile: Top 67%
Regional Development and Management Studies
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The Environmental Sustainability Practices of Chinese Enterprises Operating in Serbia — Manish Jaiswal, Kristína Šebová · Hong Kong Review of Belt and Road Studies (2024) | TGRS Research Map | TGRS