Author(s)

Tian Shiyu ¹, Wang Zhenqi ¹

Affiliation(s)

¹ School of Economics, Guangxi University, Nanning, Guangxi, 530000, China

Corresponding Author

Tian Shiyu

ABSTRACT

Under the background of great changes unprecedented in the world in a century, the construction of a new development pattern has become a major strategic decision for China's economic development. Under this situation of "two games", the business cooperation between China and ASEAN is an important part of China's foreign circulation. The cooperation in infrastructure construction is an important part of the business cooperation between China and ASEAN. Therefore, this paper analyzes the current situation of China's infrastructure investment in ASEAN, the problems faced and the solutions to the problems from many aspects. This paper holds that China's investment in infrastructure in ASEAN countries is faced with the following problems, first, the few financing channels and high costs, the cultural conflicts between enterprises and host countries, and third, the political risks between China and ASEAN countries. To solve these problems, China should actively advocate the concept of "a community with a shared future for mankind", actively uphold multilateralism, take the initiative to assume the responsibilities of major countries, and drive the infrastructure construction in backward areas, so as to enhance the recognition of China and ASEAN on common interests and create prospects for peaceful and stable development.

KEYWORDS

New development pattern; foreign infrastructure investment; ASEAN; risk; foreign direct investment

CITE THIS PAPER

Tian Shiyu, Wang Zhenqi, Research on China's Investment in ASEAN Infrastructure from the Perspective of the New Development Pattern. Information Systems and Economics (2023) Vol. 4: 48-55. DOI: http://dx.doi.org/10.23977/infse.2023.040907.

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