Abstract

China's active role as both capital importer and capital exporter in the global economy is not matched by its diverse and often outdated bilateral investment treaties. This article examines the investment protection available to Chinese infrastructure investors under the Belt & Road Initiative. Going beyond the conventional account of three generations of Chinese investment treaties, the article collects data on all the Chinese investment agreements with the B&R countries, and develops an analytical framework tailored to the B&R Initiative's signature characteristic of ...