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Some Initial Thoughts on the Chinese Overseas Investment and Belt and Road Initiative for Energy Sector in ASEAN

Wednesday, 16 August 2017
12:00 noon to 1:00 pm
ESI Conference Room
Dr Yao Lixia

Abstract:

In 2013, Chinese President Xi Jinping proposed the building of the New Silk Road Economic Belt and the 21st Century Maritime Silk Road – now collectively called the Belt and Road Initiative (B&R). In the Asian region, the B&R Initiative establishes a blueprint for Asia’s future infrastructure development and Southeast Asia has a very important position in this blueprint. Against this background, this presentation will give a brief introduction of one belt one road, followed by a review of China’s ‘going out’ strategy, and a case about China’s investment in the electricity sector in ASEAN. It is found that the B&R and Chinese investment may not help very much the development of ASEAN Power Grid and integration of ASEAN electricity market. On the other hand, the energy nationalism in the ASEAN countries may tend to divide ASEAN rather than integrate ASEAN.

Speaker:

Dr. YAO Lixia joined ESI in October 2013. She did her PhD at the S. Rajaratnam School of International Studies, Nanyang Technological University in Singapore. She has a Bachelor’s degree from Dalian Maritime University, China, and a Master’s degree from Vrije Universiteit Brussel in Belgium. She has done research on the quantitative measurement of energy security, the impacts of China’s macroeconomic reforms on its energy sector, and the energy security and energy policies of Southeast Asia. Her current research focuses on China’s energy security and energy policies.