Menu Expand
  1. Journals
  2. Economics, Finance, Business & Management
  3. Vierteljahrshefte zur Wirtschaftsforschung
  4. Vol. 89, Issue 3
  5. pp. 79–97

JOURNAL ARTICLE

Cite JOURNAL ARTICLE

Style
Linowski, D., Johansson, A., Zartoshti, H. Zur Rolle der chinesischen Entwicklungsbanken beim Bau der Neuen Seidenstraße. Vierteljahrshefte zur Wirtschaftsforschung, 89(3), 79-97. https://doi.org/10.3790/vjh.89.3.79
Linowski, Dirk; Johansson, Andrew D. and Zartoshti, Haifeng Zendeh "Zur Rolle der chinesischen Entwicklungsbanken beim Bau der Neuen Seidenstraße" Vierteljahrshefte zur Wirtschaftsforschung 89.3, , 79-97. https://doi.org/10.3790/vjh.89.3.79
Linowski, Dirk/Johansson, Andrew D./Zartoshti, Haifeng Zendeh: Zur Rolle der chinesischen Entwicklungsbanken beim Bau der Neuen Seidenstraße, in: Vierteljahrshefte zur Wirtschaftsforschung, vol. 89, iss. 3, 79-97, [online] https://doi.org/10.3790/vjh.89.3.79
Format
Download

Zur Rolle der chinesischen Entwicklungsbanken beim Bau der Neuen Seidenstraße

Linowski, Dirk | Johansson, Andrew D. | Zartoshti, Haifeng Zendeh

Vierteljahrshefte zur Wirtschaftsforschung, Vol. 89 (2020), Iss. 3 : pp. 79–97

Read Now Download (PDF)

Additional Information

Article Details

Publisher Name
Duncker & Humblot
DOI
https://doi.org/10.3790/vjh.89.3.79
Language
German
Pages
19
Keywords

Author Details

Dirk Linowski, Steinbeis University Berlin, Director Institute for International Business Studies, Chair of Asset Management

  • Dirk Linowski, Prof. Dr. Dr. h. c., studied mathematics and mathematical statistics at the University of Rostock and at the Université Paris I, Panthéon Sorbonne. In 1999 he received his doctorate in business administration from the University of Rostock. After an assistant professorship at the Universiteit Nijmegen in the Netherlands and a one-year teaching and research stay at Tongji University Shanghai and Shanghai Normal University (PR China), he was appointed as professor for Asset Management at Steinbeis University Berlin in 2004. He has been a Distinguished Guest Professor at Shanghai Normal University since 2004 and a permanent Visiting Professor at the Riga Graduate School of Law, Latvia, since 2008. His research focuses on the optimization of real estate funds, corporate governance in China and higher education in developing countries.
  • Email
  • Search in Google Scholar

Andrew D. Johansson, Consulant in Chicago und Fellow beim Central Asia Productivity Research Center in Chicago

  • Andrew. D. Johansson holds two Bachelor’s degrees in Economics and International Policy from Drexel University in Philadelphia, a Master’s degree from the University of Chicago in Urban Planning & Policy and an LL.M. from the Riga Graduate School of Law, Latvia. He is an independent consultant in Chicago and Research Fellow of the Central Asian Productivity Research Center (CAPRC) in Chicago. His research area is Financing of Imperial Infrastructure Projects.
  • Email
  • Search in Google Scholar

Haifeng Zendeh Zartoshti, Wissenschaftliche Mitarbeiterin am Institut für Unternehmensrechnung, Finanzierung und Besteuerung der Universität Leipzig

  • Haifeng Zendeh Zartoshti, Dr. holds a Bachelor in Statistics and a Master of Management Science from Tongji University in Shanghai before she received her PhD in Business Administration from the University of Rostock in 2010. She is a research assistant at the Chair of Business Taxation at the University of Leipzig.
  • Email
  • Search in Google Scholar

References

  1. Annual Reports Exim Bank: https://www.exim.gov/news/reports/annual-reports.  Google Scholar
  2. Annual Reports China Development Bank: http://www.cdb.com.cn/English/bgxz/ndbg/ndbg2017/.  Google Scholar
  3. Annual Reports Industrial and Commercial Bank of China: http://www.icbc-ltd.com/ICBCLtd/Investor%20Relations/Financial%20Information/Financial%20Reports/.  Google Scholar
  4. Astana Times: https://astanatimes.com/2019/09/kazakhstan-attracts-330-billion-fdi-since-1991/.  Google Scholar
  5. Bank of China: https://www.bankofchina.com/aboutboc/bi1/201904/t20190411_15096138.html.  Google Scholar
  6. BBC: https://www.bbc.com/news/world-africa-34732609.  Google Scholar
  7. Brautigam, Deborah (2011): The Dragon’s gift: The Real Story of China in Africa. Oxford University Press.  Google Scholar
  8. CDB/UNDP (2019): Integrating investment and financing rules to promote sustainable development of the BRI (in Chinese); https://www.cn.undp.org/content/dam/china/docs/Publications/P020191106652075822071.pdf.  Google Scholar
  9. China Daily: https://www.chinadaily.com.cn/a/201904/18/WS5cb84707a3104842260b6fc0.html.  Google Scholar
  10. Confucius Institutes around the World: https://www.digmandarin.com/confucius-institutes-around-the-world.html.  Google Scholar
  11. Dagne, Haile Gabriel: Das entwicklungspolitische Engagement der DDR in Äthiopien; https://www.jstor.org/stable/40175064?seq=1.  Google Scholar
  12. D20 Club Long Term Investors: http://www.d20-ltic.org/index.php/members/62-the-china-development-bank.  Google Scholar
  13. Financial Times: https://www.ft.com/content/273c324c-55ec-11e9-a3db-1fe89bedc16e, fully accessible only for FT-subscribers.  Google Scholar
  14. Germany Trade & Invest: https://www.gtai.de/gtai de/trade/branchen/branchenbericht/kenia/chinas-bauunternehmen-in-afrika-und-ihre-beschaffungen-205444.  Google Scholar
  15. Hanban: http://www.hanban.org/confuciousinstitutes/node_10961.htm.  Google Scholar
  16. Heinrich Böll Stiftung: https://cn.boell.org/sites/default/files/uploads/2014/07/china-africa_case_studies.pdf.  Google Scholar
  17. HSBC (2018): China’s Belt and Road Initiative, the unstoppable rise of Asian infrastructure, HSBC Jade, Thematic Global Second Quarter 2018; https://www.hsbc.com.cn/1/PA_ES_Content_Mgmt/content/china/personal/investments/pdf/belt-and-road-initiative_en.pdf.  Google Scholar
  18. Huang, Zhengli und Xiangming Chen (2016): Is China Building Africa? www.europeanfinancialreview.com.  Google Scholar
  19. ICEF Monitor (2019): https://monitor.icef.com/2019/09/mongolian-outbound-higher-than-estimated-most-of-it-going-to-asian-powerhouses/.  Google Scholar
  20. IHK: https://www.subsahara-afrika-ihk.de/blog/tabelle/unternehmen/.  Google Scholar
  21. Institute of Developing Economies: Japan External Trade Organization; https://www.ide.go.jp/English/Data/Africa_file/Manualreport/cia_11.html.  Google Scholar
  22. International Trade Centre: Guide to Chinese private investment in Africa: Insights from SME competitiveness surveys, 2018; http://www.intracen.org/uploadedFiles/intracenorg/Content/Publications/Guide%20to%20Chinese%20private%20investment%20in%20Africa_final_Hi-res.pdf.  Google Scholar
  23. Laruelle, Marlene (Hrsg.) (2018): China’s Belt and Road Initiative and Its Impact in Central Asia. The George Washington University, Central Asia Program. www.centralasiaprogram.org.  Google Scholar
  24. Lo, Jieh-Yung (2018): Beijings Welcome mat for overseas Chinese; https://www.lowyinstitute.org/the-interpreter/beijing-s-welcome-mat-overseas-chinese.  Google Scholar
  25. McKinsey (2017): Dance of the lions and dragons, June, 2017; https://www.mckinsey.com/~/media/McKinsey/Featured%20Insights/Middle%20East%20and%20Africa/The%20closest%20look%20yet%20at%20Chinese%20economic%20engagement%20in%20Africa/Dance-of-the-lions-and-dragons.ashx.  Google Scholar
  26. Ministry of Education of the People’s Republic of China: http://www.moe.gov.cn/jyb_xwfb/gzdt_gzdt/s5987/201904/t20190412_377692.html.  Google Scholar
  27. Mount Holyoke College: https://www.mtholyoke.edu/~lpohara/Pol%20116/funding.html.  Google Scholar
  28. Nicolas, Françoise (2017): Chinese Investors in Ethiopia: The Perfect Match? Notes de l’Ifri, Ifri, March 2017.  Google Scholar
  29. Norwegian Institute of International Affairs: https://www.nupi.no/en/News/New-report-on-China-and-multilateral-development-banks.  Google Scholar
  30. OECD: https://www.oecd.org/finance/Chinas-Belt-and-Road-Initiative-in-the-global-trade-investment-and-finance-landscape.pdf.  Google Scholar
  31. OECD 2: https://www.oecd.org/industry/ind/Item_6_3_OECD_Korin_Kane.pdf.  Google Scholar
  32. SAIS: http://www.sais-cari.org/data-china-africa-trade.  Google Scholar
  33. Shen, Xiaofeng: Private Chinese investment in Africa: myths and realities, Development Policy Review, 2015, 33(1): 83 – 106.  Google Scholar
  34. Statistical Bulletin of China‘s Outward Foreign Direct Investment 2018.  Google Scholar
  35. Taube, Markus und Antonia Hmaidi (2019): Was der Westen entlang Chinas neuer Seidenstraße investiert: ein Vergleich westlicher und chinesischer Finanzströme. Bertelsmann-Stiftung.  Google Scholar
  36. The State Council. The People’s Republic of China (2019): http://www.gov.cn/xinwen/2019-04/20/content_5384671.htm.  Google Scholar
  37. Vakulchuk, Roman et al. (2019): BRI in Central Asia: Overview of Chinese Projects, June 2019, https://www.researchgate.net/publication/333673045_BRI_in_Central_Asia_Overview_of_Chinese_Projects.  Google Scholar
  38. Wallas, T., R. Fiedler und P. Osiewicz (Hrsg.): Belt and Road through Central Asia – recommendations for European Union, European Union and Central Asia: Policies and Reality, eds. T. logos Verlag, Berlin 2018, https://pressto.amu.edu.pl/index.php/rie/article/view/17782/17502.  Google Scholar
  39. World Bank: https://data.worldbank.org/indicator/SP.DYN.TFRT.IN?locations=ET.  Google Scholar
  40. Zhang Chunlin, Worldbank (2019): How Much Do State-Owned Enterprises Contribute to China’s GDP and Employment? http://documents.worldbank.org/curated/en/449701565248091726/pdf/How-Much-Do-State-Owned-Enterprises-Contribute-to-China-s-GDP-and-Employment.pdf.  Google Scholar
  41. http://www.calaw.cn/article/default.asp?id=12806  Google Scholar
  42. https://www.chinadaily.com.cn/business/2017-06/16/content_29773325.htm  Google Scholar
  43. https://www.cn.undp.org/content/dam/china/docs/Publications/P020191106652075822071.pdf  Google Scholar
  44. http://www.fecc.agri.cn/yjzx/yjzx_yjcg/201711/t20171122_316944.html  Google Scholar
  45. https://finance.sina.cn/2019-04-26/detail-ihvhiqax5095199.d.html?vt=4&pos=17  Google Scholar
  46. https://www.forbes.com/sites/aliciagarciaherrero/2019/07/24/chinas-investments-in-africa-what-the-data-really-says-and-the-implications-for-europe/  Google Scholar
  47. http://www.gov.cn/xinwen/2019-04/20/content_5384671.htm  Google Scholar
  48. https://www.investopedia.com/terms/c/china-africa-development-fund.asp  Google Scholar
  49. https://www.livemint.com/news/world/china-s-built-a-railroad-to-nowhere-in-kenya-1563550151761.html  Google Scholar
  50. https://opendocs.ids.ac.uk/opendocs/bitstream/handle/20.500.12413/6003/PB93_AGID423_NatDevBanks_Online.pdf?sequence=1&isAllowed=y  Google Scholar
  51. https://unfccc.int/node/180417  Google Scholar
  52. http://www.xinhuanet.com/english/2017-05/14/c_136282982.htm  Google Scholar
  53. http://www.xinhuanet.com/money/2019-04/24/c_1124409185.htm  Google Scholar

Abstract

Zusammenfassung: Die Involviertheit einer der beiden großen international tätigen chinesischen Entwicklungsbanken Exim und China Development Bank in ein bilaterales Memorandum of Understanding (MoU) sowie in spezifische Belt and Road Initiative (BRI)-Projekte stellt primär ein qualitatives Signal nach innen für chinesische Großunternehmen, Banken, kleinere Unternehmen sowie Privatpersonen dar. Dieses signalisiert, dass der chinesische Staat hinter einem Engagement in einem BRI-Partnerstaat steht. Chinesische Akteure im Ausland sind mehr Projektausführende als Direktinvestoren, sie akzeptieren höhere Cluster-Risiken und sie engagieren sich geografisch zumeist dort, wo der Westen nicht oder nur geringfügig präsent ist. Effizienzbetrachtungen gewinnen mit zunehmendem Fortgang des Megaprojektes BRI zwar an Bedeutung, sind aber nicht dominant. Die Reduktion der Auslandinvestitionen Chinas im ersten Halbjahr 2019 sollte nicht als Rückzug Chinas interpretiert werden, sondern als „Luftholen“, um chinesische Ressourcen im Ausland in Zukunft effizienter und passgenauer einzusetzen. Während sich die Literatur zu (möglichen) ökonomischen und politischen Konsequenzen der BRI wie zu technischen Fragen der Realisierung als sehr umfangreich darstellt, findet man wenig Substanzielles zur Finanzierung von BRI-Projekten. Wir verfolgen hier nicht das Ziel, diese Lücke zu schließen, dafür aber, sie besser zu verstehen.

Contact

Duncker & Humblot GmbH Carl-Heinrich-Becker-Weg 9 12165 Berlin, Deutschland T: +49 30 790006-0

Quick Navigation

2024 Duncker & Humblot GmbH

Powered by CloudPublish

We use cookies to ensure that you get the best experience on our website. Learn more about how we use cookies.