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SCOPUS 학술저널

The Belt and Road Initiative in Lebanon: A Promising Initiative in a Complex Society

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The study aims to investigate Lebanese-Chinese relations within the framework of the Belt and Road Initiative. Lebanon formally joined the effort in 2017; this paper emphasizes Lebanon’s geostrategic importance. The paper presents an assessment of the investment risks in Lebanon, which is considered an economically unstable country with a volatile security situation, with many internal and external political hurdles. The paper refers to the obstacles and challenges that the Chinese investor may face in Lebanese society. The study employs qualitative descriptive analysis to address the status of Chinese investment in Lebanon and the consequences of this partnership; the paper examines previous research related to the Belt and Road Initiative and the Lebanese political, security, and economic situation literature. Due to the deteriorating security situation, external intervention, and the economic crisis, the results reveal that Lebanon is not a top investment priority for China, which is a big impediment to China entering into economic cooperation with Lebanon. The findings of this study suggest that the Lebanese government should adopt an anti-corruption policy to build confidence for the Chinese investor, reduce unnecessary public spending, and hold a national dialogue to build confidence among the Lebanese parties.

1. Introduction

2. The Lebanese Situation

3. Troubled Economic Situation in Lebanon

4. Security Instability: An Obstacle to Chinese Investment in Lebanon

5. The Paradoxical Relationship Between Economic Corruption in Lebanon and Foreign Investment

6. External Interventions that may Hinder Foreign Investment

7. Conclusion and Recommendations

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