Chinese Strategic Hedge in Bangladesh through Investment

IF 1.3 Q1 AREA STUDIES

Millennial Asia Pub Date : 2024-03-14 DOI:10.1177/09763996241233819

Munira Jahan, Md Farid Hossain

引用次数: 0

Abstract

During the last decade, the surge in Chinese outbound foreign direct investment in Bangladesh has been met with anxiety, often invoking national security concerns. Most scholars explain China’s investment with the connection of economic interests and market expansion. Scholars have not paid enough attention to the geostrategic rationale behind China’s investment statecraft towards Bangladesh. This study centres on the question: What economic and non-economic (geostrategic) factors drive the growing Chinese investment footprint in Bangladesh? Following the qualitative research approach, this study argues that along with economic incentives, non-economic issues such as security and strategic competition with India are the significant determinants of the Chinese increasing investment footprint in Bangladesh, which is beyond the notion of win–win cooperation enhancing China’s regional status and leadership in South Asia. This study promises to contribute to the literature on the Chinese political economy, providing a theoretically nuanced treatment of Chinese investment statecraft concerning neoclassical realism.

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中国通过投资为孟加拉国提供战略对冲

过去十年间，中国在孟加拉国的对外直接投资激增，这引起了人们的焦虑，并常常引发对国家安全的担忧。大多数学者将中国的投资与经济利益和市场扩张联系起来进行解释。学者们对中国对孟加拉投资政策背后的地缘战略理由关注不够。本研究的核心问题是是哪些经济和非经济（地缘战略）因素推动了中国在孟加拉国不断增长的投资足迹？本研究采用定性研究方法，认为除经济激励因素外，安全和与印度的战略竞争等非经济问题也是中国在孟加拉国投资足迹不断扩大的重要决定因素，这超出了合作共赢提升中国在南亚地区地位和领导力的概念。本研究有望为有关中国政治经济学的文献做出贡献，在新古典现实主义的基础上对中国的投资策略进行理论上的细微处理。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Millennial Asia AREA STUDIES-

CiteScore

4.50

自引率

12.50%

发文量

期刊介绍： Millennial Asia: An International Journal of Asian Studies is a multidisciplinary, refereed biannual journal of the Association of Asia Scholars (AAS)–an association of the alumni of the Asian Scholarship Foundation (ASF). It aims to encourage multifaceted, multidisciplinary and interdisciplinary research on Asia, in order to understand its fast changing context as a growth pole of global economy. By providing a forum for Asian scholars situated globally, it promotes dialogue between the global academic community, civil society and policy makers on Asian issues. The journal examines Asia on a regional and comparative basis, emphasizing patterns and tendencies that go beyond national borders and are globally relevant. Modern and contemporary Asia has witnessed dynamic transformations in cultures, societies, economies and political institutions, among others. It confronts issues of collective identity formation, ecological crisis, rapid economic change and resurgence of religion and communal identifies while embracing globalization. An analysis of past experiences can help produce a deeper understanding of contemporary change. In particular, the journal is interested in locating contemporary changes within a historical perspective, through the use of interdisciplinary and multidisciplinary approaches. This way, it hopes to promote comparative studies involving Asia’s various regions. The journal brings out both thematic and general issues and the thrust areas are: Asian integration, Asian economies, sociology, culture, politics, governance, security, development issues, arts and literature and any other such issue as the editorial board may deem fit. The core fields include development encompassing agriculture, industry, regional trade, social sectors like health and education and development policy across the region and in specific countries in a comparative perspective.