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Accepted Paper:

China's investment behavior and tactics towards developing countries: case of Central Asia under the Belt and Road Initiative (BRI)  
Marat Uraimov (Corvinus University of Budapest)

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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.

Panel POL-08
Assessing the Belt and Road Initiative and its Regional Impact
  Session 1 Thursday 10 October, 2019, -