ECONOMIC IMPACT OF BRI INFRASTRUCTURE ON CHINA-BULGARIA RELATIONS: CURRENT SITUATION AND PROSPECTS

Authors
  • Jingxin Hu
  • Dimitar A. Tsenov Academy of Economics – Svishtov

Keywords
Sino-Bulgarian cooperation, development strategies, trade facilitation, Belt and Road Initiative, infrastructure construction.

Summary
Under the Belt and Road Initiative (BRI), infrastructure construction has profoundly impacted economic cooperation between China and Bulgaria. Particularly, the development of transportation infrastructure has played a crucial role in promoting trade cooperation between China and Europe. With the advancement of China's collaboration with Central and Eastern European countries and the implementation of the BRI, economic cooperation between China and Bulgaria has gradually strengthened. This article discusses the current status of economic cooperation between China and Bulgaria under the BRI, highlighting opportunities and challenges. It emphasizes the transformative potential of the BRI in strengthening economic partnerships and calls for continued cooperation between the two countries.

JEL: F14, F15, R42
Pages: 11
DOI:  https://doi.org/10.58861/tae.grdier.2024.01

More titles

  • LITERATURE REVIEW ON THE DEVELOPMENT AND IMPACT OF GREENWASHING

    The main purpose of this scientific work is to investigate the definition of Greenwashing, its aspects and its impact on consumers and businesses. To achieve this, over 30 scientific sources were reviewed and an opinion was formed on the given problem. The evolution of the term Greenwashing from its appearance in the 1980s to the present day was ...

  • DEVELOPMENT OF SUSTAINABLE TOURISM IN BULGARIA

    The present report explores how Bulgaria integrated sustainable tourism strategies in the global sustainable tourism practices. The strategies aim to use tourism as a tool for socio-economic benefits while also preserving its environmental and cultural resources for future generations. The document covers the economic and social aspects of ...

  • INTERNATIONALIZATION OF THE BRAND - STRATEGIES AND CHALLENGES

    The report reviews the key aspects for successful internationalization of brands. Covers the strategies and challenges they face when entering international markets, including marketing, brand management, and adapting to cultural differences. The report also includes an analysis of successful internationalization cases and offers recommendations ...