Jurnal Ekonomi
Vol. 12 No. 01 (2023): Jurnal Ekonomi, 2023 Periode Januari - Maret

CHINA'S ECONOMIC DIPLOMACY THROUGH THE BELT ROAD INITIATIVE (BRI) TO INCREASE CHINA'S HEGEMONY IN THE SOUTHEAST ASIAN REGION

Widya Setiabudi Sumadinata (Universitas Padjadjaran)



Article Info

Publish Date
10 Feb 2023

Abstract

Through the Belt and Road Initiative strategy in the reign of President Xi Jinping, China is currently working toward the goal of becoming a new global power. As part of this effort, China is currently offering a significant amount of investment support to nations in Southeast Asia. Providing this money so that China can establish its dominance in the Southeast Asian region. The purpose of this research is to investigate China's economic diplomacy in the Southeast Asian Region through the policy of the Belt and Road Initiative (BRI). The writers of this study took a qualitative approach and used descriptive methodologies in their research. According to the findings of this study, the Belt and Road Initiative (BRI) was initiated by China and has contributed in some way, shape, or form through its rapid funding, encouraging infrastructure connectivity on multiple levels (local, regional, and intercontinental), and encouraging economic, monetary, and trade cooperation in the Southeast Asian region. However, via this cooperation, China will be able to establish its hegemony in that country and will be able to alter the course of other countries who were before cautious and defensive toward the BRI.

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Journal Info

Abbrev

Ekonomi

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Journal Ekonomi is a peer-reviewed journal that publishes scientific articles that are the results of original scientific research (top priority) and new scientific review articles (not priority) from various academics and researchers that have not been published elsewhere, including: 1. Accountancy ...