02897nam a22005057u 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.0180606t2018    au ||||| |||| 00| ||eng d  cOSt  aeng  aE22aF21aH54aF13aF14aF63aL9aO182jelc1 aGrübler, Julia10aEconomic Policy Implications of the Belt and Road Initiative for CESEE and Austria  aWien :bWiener Institut für Internationale Wirtschaftsvergleiche (wiiw),c2018.  a17 S., b1 Table and 5 Figures,c30cm.1 awiiw Policy Notes and Reportsv23  aThe Belt and Road Initiative (BRI), a vision to revive the ancient ‘Silk Road’ by means of massive infrastructure investments throughout Eurasia and Africa, was first presented by China’s President Xi Jinping in 2013. China has identified the region of Central East and Southeast Europe (CESEE) as the gateway to Western European markets. This was manifested by the investment in the Port of Piraeus (Greece) and the diplomatic initiative ‘16+1’, comprising eleven EU Member States and five Western Balkan countries, which is interesting for Austria due to its strong economic relations with this region.

The Policy Brief analyses the most recent developments in trade and investment activities of China, Austria and the EU in CESEE, which are compared to the state of infrastructure in the region in the areas of transport, energy, information and communication technology as well as finance. Overall, CESEE has a high need for infrastructure investments, particularly in the transport sector. Chinese loans and investments in the region are becoming more important, especially for the Western Balkan countries, which have limited access to EU grants. The paper concludes with seven policy areas for future cooperation between Austria and China.

The Policy Note is based on a study conducted for the Embassy of the People’s Republic of China in Austria. It is available upon request. Please contact Ms ZHANG Yiran (yiran_zhang@mfa.gov.cn) or Mr CHEN Lin (Chen_lin@mfa.gov.cn).
  aBRI  aBelt and Road  aNew Silk Road  ainfrastructure  ainvestment  aFDI  atransport  aICT  ainternational trade  aGravity estimation  aChina  aAustria  aCESEE  aWestern Balkans  aAustria  aCESEE  aChina  aEuropean Union  aWestern Balkans1 aBykova, Alexandra1 aGhodsi, Mahdi1 aHanzl-Weiss, Doris1 aHolzner, Mario1 aHunya, Gabor1 aStehrer, Robert 0v23wWIIW0000092twiiw Policy Notes and Reports40uhttps://wiiw.ac.at/p-4549.html