China’s OBOR Initiative and Vietnam’s Political Economy: Economic Integration with Political Conflict

Jenn-Jaw Soong; Khac Nghia Nguyen

doi:10.1080/10971475.2018.1457333

China’s OBOR Initiative and Vietnam’s Political Economy: Economic Integration with Political Conflict

Jenn-Jaw Soong, Khac Nghia Nguyen

Department of Political Science

Research output: Contribution to journal › Article › peer-review

7 Citations (Scopus)

Abstract

China has started the One Belt One Road (OBOR) initiative for its own economic and peaceful purposes and declared OBOR a “win-win” strategy. China boosts state-backed lending to Asia in the quest to build OBOR. Vietnam has negative and pragmatic consideration on it because OBOR is mainly for China's national interests. Also, Vietnam enjoys the emergent market opportunity of the Association of Southeast Asian Nations Economic Community (AEC). Conclusively, Vietnam is hungry for capital loans and economic interests from China’s offer, yet Vietnam is also cautious of China’s intention in terms of facing political and security risks.

Original language	English
Pages (from-to)	342-355
Number of pages	14
Journal	Chinese Economy
Volume	51
Issue number	4
DOIs	https://doi.org/10.1080/10971475.2018.1457333
Publication status	Published - 2018 Jul 4

All Science Journal Classification (ASJC) codes

Economics, Econometrics and Finance(all)

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10.1080/10971475.2018.1457333

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abstract = "China has started the One Belt One Road (OBOR) initiative for its own economic and peaceful purposes and declared OBOR a “win-win” strategy. China boosts state-backed lending to Asia in the quest to build OBOR. Vietnam has negative and pragmatic consideration on it because OBOR is mainly for China's national interests. Also, Vietnam enjoys the emergent market opportunity of the Association of Southeast Asian Nations Economic Community (AEC). Conclusively, Vietnam is hungry for capital loans and economic interests from China{\textquoteright}s offer, yet Vietnam is also cautious of China{\textquoteright}s intention in terms of facing political and security risks.",

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AB - China has started the One Belt One Road (OBOR) initiative for its own economic and peaceful purposes and declared OBOR a “win-win” strategy. China boosts state-backed lending to Asia in the quest to build OBOR. Vietnam has negative and pragmatic consideration on it because OBOR is mainly for China's national interests. Also, Vietnam enjoys the emergent market opportunity of the Association of Southeast Asian Nations Economic Community (AEC). Conclusively, Vietnam is hungry for capital loans and economic interests from China’s offer, yet Vietnam is also cautious of China’s intention in terms of facing political and security risks.

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China’s OBOR Initiative and Vietnam’s Political Economy: Economic Integration with Political Conflict

Abstract

All Science Journal Classification (ASJC) codes

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