Book on China’s “Belt and Road” initiative published in Macau

9 March 2018

China’s “Belt and Road” initiative and the role of Macau and Portuguese-speaking countries are the subject of a book that has just been published by the International Institute of Macau (IIM) at a time when the issue is being showcased due to its links to the Greater Bay Area project comprising Guangdong, Hong Kong, and Macau.

The book “China’s Belt and Road Initiative – The Role of Macau and the Portuguese-speaking Countries” was produced by Macaulink Information and News Agency and includes analysis by Thomas Chan, Paul Mooney, Paulo Figueiredo and José Luís Sales Marques on the Chinese initiative, one of the most important diplomatic and political projects of the moment.

In the introduction, the book, written in English, states that it is necessary to have permanent monitoring and intensive coverage given the complexity and the large scale of the initiative.

Thomas Chan, a senior advisor to the central government of China and Hong Kong and an expert on the subject, addresses the initiative, considering that China is looking for new markets for its companies and products when markets in developing countries are saturated and intends to create a new political and economic order in the world sharing prosperity by creating new partners.

Paul Mooney, a former Reuters and Newsweek journalist who has lived in Beijing for 20 years, explains how the initiative is shifting China’s relations with the United States and the West. Paulo Guilherme Figueiredo, a journalist and political and economic analyst of emerging markets in Africa, describes the relations of Portuguese-speaking countries with China and their interest in participating in the Chinese initiative.

José Luís Sales Marques, president of the Macau Institute of European Studies and vice-president of the Macau Silk Road Association, discusses Macau’s role in the Belt and Road and the Greater Bay Area initiative, which includes nine cities in Guangdong province, including its capital Guangzhou, along with Hong Kong and Macau and points out possible routes for joint development.

The book also features the official Chinese version of the “Vision for Maritime Cooperation under the Belt and Road” initiative made public by China’s central government in June 2017.

The book also points out that Macau will have a special role in this initiative with business people and companies making an important contribution to its development. (macauhub)