Paper long abstract:

The Belt and Road Initiative (BRI) advances a particular vision of Chinese development. It appears that great power relations are no longer Beijing's the only foreign policy priority, as neighborhood diplomacy and regional integration takes a more central stage. The plans of reviving the classic Silk Road trade routes and constructing new economic corridors are accompanied by the discourse of building 'a community of common destiny.' This idea amalgamates a variety of Chinese foreign policy postulates and principles towards its neighbours. In particular, it envisages China as an important global and regional player, which cannot develop in an isolation from the rest of the region, but in a similar vein the development of which is instrumental to the prosperity of all Chinese neighbours. Accordingly, this paper seeks to assess whether BRI can foster a sense of community of common destiny and have a positive effect on the development of China's neighbouring states by scrutinizing the impact of BRI-related activities on Central Asian states at a range of scales. The work examines whether Beijing-led regional integration can soothe ethnic divisions, mitigate political differences, and introduce win-win economic solutions in Central Asia. The paper will also examine whether China can emerge as a potential norm-maker by promoting 'a community of common destiny' in its own neighbourhood.

Paper long abstract:

Contemporary economies, namely developing markets need investment and dependent on

aid. In the literature much of studies that study investment distribution and efficiency have been conducted. However less studies have been conducted on investor-countries' investment patterns of behavior towards investment recipient countries, their tactics and long-term strategy of investment management. Chinese on-going ambitious BRI initiative in Central Asia makes an interesting case to study Chinese investment behavior. Therefore the paper looks into the Chinese investment tactics under BRI

project. Followed by a brief background information on BRI project, the first section of the paper, points out three main characteristics of Chinese investment. In the second section, it discusses Chinese investments' behavior. Whereas, a final section elaborates on long-term investment strategy of China. The concluding part summarizes discussions of main sections. The paper aims to analyze Chinese investment behavior, based on BRI investment experience which was launched in

2013. A general pattern of Chinese investments demonstrates that China mainly targets on developing countries' natural resources and recipient-countries' strategic objects to lease for

several and more decades. The latter scenario threats with detrimental consequences because of inability of vulnerable economies to pay back loaned investment.

Paper long abstract:

China's announcement of its Belt and Road Initiative (BRI) in 2013 was expected to accelerate Chinese influence across Eurasia. What do BRI and related initiatives mean in actual places? In what ways—expected and unexpected—has China's growing influence affected states and societies across Eurasia? In this paper, I propose a framework for studying the kinds of political, economic, and social transformations engendered by the BRI. China was expected to change the political and economic geographies of the region, but has it?