Shadow Exchanges along the New Silk Roads

by Eva P. W. Hung

★★★★★
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Description

Long before China promulgated the official One Belt One Road initiatives, vast networks of cross-border exchanges already existed across Asia and Eurasia. The dynamics of such trade and resource flows have largely been outside state control, and are pushed to the realm of the shadow economy. The official initiative is a state-driven attempt to enhance the orderly flow of resources across countries along the Belt and Road, hence extending the reach of the states to the shadow economies. This volu