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Chinese Investment and the «Belt & Road» Initiatives in Mongolia (Case of international investment)

https://doi.org/10.53658/RW2021-1-2-46-61

Abstract

In this article we attempt to introduce the current circumstances for the Chinese investment, a basis for mutual trust and coherent cooperation as well as mutual understanding between the two countries in the new period of the Belt and Road Initiatives. In addition, we aimed to investigate thoroughly the above-mentioned circumstances of mutual trust and trustful understanding among citizens, servants and policy makers as called upon to emphasize the human potential and human capital. The article considers the impact of the present structure of the two countries (China-Mongolia) and its level of coherence, efficiency of mutual economy and the value of its conditions. We would like to emphasize that behind any economic policy there must always be agreements, commitments and real cooperation. We believe that foreign relations and cooperation between the two countries are not only measured by investments, but also by the national values, norms, practices, traditions, views and motives of the host country. Therefore, we emphasize that mutual cooperation and investment cannot exist without due account of those mentioned circumstances. In other words, we keynoted the distancing in the relations between individuals, organizations, communities and the government, which are the main influencing forces today. Our proposal is to draw the attention to the lack of communication mechanisms from the two sides. Our attempt is to sum up China’s investment into Mongolia, including the current investment trends and future perspectives which are to be realized within the framework of the project, «The Belt & Road Initiative».

About the Authors

K. Oidov
Mongolian Academy of Sciences
Mongolia

Dr. Oidov has obtained a Ph.D degree in Political Science and works as a Senior Researcher at the Department of Political Science and Legal Studies at the Institute of Philosophy

2390, Central Post Office, Ulaanbaatar -15160, Chingeltei district



B. Davaanyam
National University of Mongolia
Mongolia

Ms. Davaanyam is a doctoral candidate in the International Relations Program and a Senior Instructor at the School of International Relations and Public Administration

2390, Central Post Office, Ulaanbaata, 15160, Chingeltei district



References

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Review

For citations:


Oidov K., Davaanyam B. Chinese Investment and the «Belt & Road» Initiatives in Mongolia (Case of international investment). Russia & World: Sc. Dialogue. 2021;1(2):46-61. https://doi.org/10.53658/RW2021-1-2-46-61

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ISSN 2782-3067 (Print)