China’s Economic Diplomacy in South Asia: Emerging Dynamics and Regional Implications

Abstract

China is assertively developing its relations with South Asian states. Constructions of huge projects and massive economic investments demonstrate China’s intentions for long term presence in the region. Apart from seeking lucrative trade opportunities, the regional seaport facilities initiated by China primarily for economic purposes have also been brought secure and easy access of China into Indian Ocean via South Asia region. Interestingly most of these regional projects are being financed by Chinese state owned enterprises which seem to be a reflection of China’s global intentions of dramatic economic expansion in different regions. However, China’s true concerns in South Asia can possibly be explored only by identifying the dynamics of its economic integrations with regional states. Certainly it would assist further to anticipate about regional implications escalating by China’s regional integrations. That is the foremost purpose of this study to understand the dynamics of China’s economic diplomacy in South Asia and identifying its possible implications for the region.