• Icon to change language to english
  • Icon to change language to english

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

  • TRENDS AND PROSPECTS OF INTERNATIONAL INVESTMENTS IN RENEWABLE ENERGY SOURCES IN BULGARIA

    The relevance of this topic arises from society's awareness of the detrimental impact of humanity and accompanying economies on climate change and the environment. Many studies have been conducted on foreign direct investment in Bulgaria, and there is a lot of statistical data for analysis, but there is almost no research on green foreign direct ...

  • EMERGING MARKETS AND INVESTMENT OPPORTUNITIES

    Emerging markets offer a compelling investment argument, combining growth potential, risk mitigation, exposure to interesting opportunities, and currency diversification. Emerging market growth equities can be an extraordinary investment opportunity, offering exposure to the potential of emerging markets, its demographics, growing wealth, and ...

  • UKRAINE'S EU MEMBERSHIP – HOPES, CONTRADICTIONS, THREATS

    This research paper examines the possible benefits and challenges of Ukraine's accession to the European Union. The text emphasizes the hopes and threats faced by Ukraine, the EU and other member states. By comparative analysis and analysis of data from European Commission reports and other organisations, the report examines the following aspects ...