Sims, Kearrin (2020) High modernism in a small country: China "develops" Laos. In: Emmerson, Donald K., (ed.) The Deer and The Dragon: Southeast Asia and China in the 21st Century. Walter H. Shorenstein Asia-Pacific Research Center, Stanford University, Stanford, CA, USA, pp. 271-298.

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Abstract

[Extract] China under President Xi Jinping is not only rising. It is reaching out. An array of Chinese initiatives, vigorously pursued, are carrying the country’s economic and political presence throughout Southeast Asia and to the broader world. Beijing’s massive Belt and Road Initiative (bri) has begun building and financing physical infrastructure westward by land and sea from China, across Southeast, South, and Central Asia, all the way to Europe. In 2017 negotiations were underway to upgrade China’s 2002 Free Trade Agreement (ftA) with the 10-country Association of Southeast Asian Nations (AseAn). By 2017 China could count 19 ftAs underway between itself and other countries or regions — 14 “signed and implemented” plus five “under con-struction.”2 China has greatly enlarged its regional financial footprint as well, by innovating the Asian Infrastructure Investment Bank (Aiib), partly meant to finance the bri, and a New Development Bank jointly with Brazil, Russia, India, and South Africa. Headquartered respectively in Beijing and Shanghai, they began operations in 2015.

Item ID:	64828
Item Type:	Book Chapter (Research - B1)
ISBN:	978-1-931368-53-7
Keywords:	Laos, China, Development, infrastructure, inequality
Related URLs:	Publisher
Copyright Information:	Copyright © 2020 by the Board of Trustees of the Leland Stanford Junior University.
Additional Information:	This volume is part of APARC's in-house series with the Brookings Institution Press.
Date Deposited:	27 Oct 2020 01:59
FoR Codes:	44 HUMAN SOCIETY > 4408 Political science > 440808 International relations @ 100%
SEO Codes:	94 LAW, POLITICS AND COMMUNITY SERVICES > 9403 International Relations > 940302 International Aid and Development @ 100%
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