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Trade impacts of China's Belt and Road Initiative: From resource and environmental perspectives

Tian, X; Hu, Y; Yin, H; Geng, Y; Bleischwitz, R; (2019) Trade impacts of China's Belt and Road Initiative: From resource and environmental perspectives. Resources, Conservation and Recycling , 150 , Article 104430. 10.1016/j.resconrec.2019.104430. Green open access

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Abstract

China’s ‘Belt and Road Initiative’ (BRI) is a major global initiative with severe implications for economies, policies and societies; yet its impacts on environment and natural resource use have received little attention. This paper fills such a gap by assessing environmental and resource impacts of China’s international trade with those BRI countries after the start of the BRI in 2013. Despite potential concerns on problem shifting, we find that China’s net export growth after the BRI is concentrated in pollution-intensive and resource-intensive industries, compared to what would happen otherwise, and therefore increases China’s domestic environmental and resource burden. This alleviates the concern over a migration of pollution and resource exploitation from China to other BRI countries and provides valuable insights to the Chinese policy makers. Several policy recommendations are raised in order to improve the overall sustainability of China’s BRI.

Type: Article
Title: Trade impacts of China's Belt and Road Initiative: From resource and environmental perspectives
Open access status: An open access version is available from UCL Discovery
DOI: 10.1016/j.resconrec.2019.104430
Publisher version: https://doi.org/10.1016/j.resconrec.2019.104430
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: The Belt and Road Initiative; trade; environment; resource; governance
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > Bartlett School Env, Energy and Resources
URI: https://discovery.ucl.ac.uk/id/eprint/10082514
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