A CRITICAL ANALYSIS OF CHINA’S ECONOMIC INTEREST IN THE INDO-PACIFIC REGION
DOI:
https://doi.org/10.62019/1v0d3j80Abstract
The analysis in the paper argues that China's economic interests in the Indo-Pacific region are reflected in strategic processes, financial actions, and significant regional effects from the years 2001 to 2020 discussed in the study. The massive ocean space called the Indo-Pacific, which includes the Indian Ocean as well as the western and central Pacific, has emerged quickly as the engine room of the global economy and security dynamics. This is because it is crucial to large-scale maritime trade, abundant raw materials, and rapidly developing states. China has been placed comparatively high among the key actors in this realm due to its aggressive approach to foreign policy and economic goals. The Belt and Road Initiative (BRI) has provided China with the advantage and certainty that vital marine LOCs in the Indo-Pacific region will be created. This has been achieved through the development of several seaports, rail, and energy sectors.
Keywords: Indo-Pacific, China, Maritime Trade, BRI, Global Economy