New Silk Road and International Business Diplomacy
DOI:
https://doi.org/10.14422/cir.i10.y2017.004Keywords:
China, complex interdependence theory, international business diplomacy, New Silk RoadAbstract
This article seeks to analyze International Business Diplomacy within the context of the New Silk Road, the largest geoeconomic initiative from the Chinese government. The magnitude of the obstacles faced by the Chinese government is discussed, under the theorethical framework of Complex Interdependence proposed by Kohane and Nye. Additionally, direct participation of non-state actors is proposed as an alternative for conflict resolution on the different issues that may arise. Specifically, Chinese enterprises with a substantial involvement in the different projects are encouraged to protect their own comercial interests, without relying on their own government or from traditional diplomacy. Those mechanisms are insufficient, in lieu of the magnitude of the project and the multiplicity of actors; therefore, international business diplomacy will be necessary to embrace stakeholders and improve the probabilities of success of the entire project.
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