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

Jenn-Jaw Soong, Khac Nghia Nguyen

Research output: Contribution to journalArticlepeer-review

3 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 languageEnglish
Pages (from-to)342-355
Number of pages14
JournalChinese Economy
Volume51
Issue number4
DOIs
Publication statusPublished - 2018 Jul 4

All Science Journal Classification (ASJC) codes

  • Economics, Econometrics and Finance(all)

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