The One Belt One Road Initiative and the Changing Multi-scalar Governance of Trade in China

Abstract

Erja Kettunen looks into the One Belt One Road (OBOR) initiative by focusing on policies and regulations for China’s institutional environment for trade. Through understanding the rationalities and motivations behind China’s OBOR initiative, the author analyzes how the OBOR initiative might be changing the multi-scalar governance of trade in the future. Based on the findings through multiple empirical data, the author sketches prospective changes in the regional emphases of China’s trade policy. And by addressing OBOR in the context of multi-scalar trade policies, the chapter provides a framework for understanding the changing institutions affecting cross-border trade in China and beyond.