TY - JOUR
T1 - India’s Pragmatic Foreign Policy toward China’s BRI and AIIB
T2 - Struggling for Relative and Absolute Gains
AU - Wu, Fuzuo
PY - 2020
Y1 - 2020
N2 - India’s foreign policy toward China’s Belt and Road Initiative (BRI) and Asian Infrastructure Investment Bank (AIIB) is pragmatic. On the one hand, India has not only raised its apprehensions about the BRI but also taken measures to compete with it. On the other, India has joined China in the establishment of AIIB. The motivations behind India’s competition with China’s BRI stem from its concerns about the relative gains China might accrue through the BRI in its own backyards—South Asia and the Indian Ocean. In contrast, India’s full cooperation with China on AIIB has been driven by the absolute gains it can obtain through such cooperation, that is, not only considerable economic benefits but also an enhanced status in the international system.
AB - India’s foreign policy toward China’s Belt and Road Initiative (BRI) and Asian Infrastructure Investment Bank (AIIB) is pragmatic. On the one hand, India has not only raised its apprehensions about the BRI but also taken measures to compete with it. On the other, India has joined China in the establishment of AIIB. The motivations behind India’s competition with China’s BRI stem from its concerns about the relative gains China might accrue through the BRI in its own backyards—South Asia and the Indian Ocean. In contrast, India’s full cooperation with China on AIIB has been driven by the absolute gains it can obtain through such cooperation, that is, not only considerable economic benefits but also an enhanced status in the international system.
UR - http://www.scopus.com/inward/record.url?scp=85083756323&partnerID=8YFLogxK
U2 - 10.1080/10670564.2019.1645486
DO - 10.1080/10670564.2019.1645486
M3 - Journal article
SN - 1067-0564
VL - 29
SP - 354
EP - 368
JO - Journal of Contemporary China
JF - Journal of Contemporary China
IS - 123
ER -