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

  • METHODS OF MOTIVATING EMPLOYEES TO COMPLY WITH SAFETY MEASURES

    The scientific report examines key aspects of human resource management in international business, focusing on methods of motivating employees to improve workplace safety standards. Emphasis is placed on the importance of human resource specialists in creating clear safety policies, defining employee roles, and integrating a culture of safety ...

  • THE HUMAN COST OF TECHNOLOGICAL INNOVATIONS THROUGH THE PRISM OF COBALT MINING IN CONGO

    The report was developed based on a literature review and aims to examine the ethical issues associated with cobalt mining in the Democratic Republic of the Congo through the prism of international business. It aims to untangle the complex web of economic interests, corporate responsibility, and human rights. Specific examples of the policies ...

  • PERSONNEL POLICY IN INTERNATIONAL ORGANIZATIONS

    At the current stage of development of international organizations, it is important to increase the efficiency of the use of available resources, including human resources. The thesis advocated in the present study is that a well-thought-out and balanced personnel policy is the basis of good workforce management, and achieving high results in any ...