A Analysis of Relation and its Dynamics of Goods Trade Among B&R Countries
30 Oct, 2017  |  Source:BRGG  |  Hits:2408

Brief:The present research examines the relation of competition and complementarity of goods trade among the countries along the Belt and Road and its Dynamics by employing the Network Analysis. This research indicates that: 1) Goods Trade among the countries along the Belt and Road becomes increasingly intensified with a higher level of density and concentration. It remains more complementary than competitive. 2) There are two networks of goods trade among the related countries. Russia and the Central and Eastern European formed an internal trade network. China, India and other Asian countries formed a both internal and external trade network. 3) China and some Central and Eastern European countries formed a complementary network. 4) Countries along the Belt and Road constitute a triple competition. The first group is represented by Russia and other countries rich in oil reserves. The second group includes India and Singapore. The third group is composed of China and some other Central and Eastern European countries as well as some former CIS countries. Based on this analysis, this research proposes several policy suggestions.


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