WORKINGPAPER|ISSUE01| 6FEBRUARY2019 Alicia Garcia Herrero (alicia.garcia-herrero@bruegel.org) is a Senior Fellow at Bruegel. Jianwei Xu (jianwei.xu@bruegel.org) is a Non-resident Fellow at Bruegel. The authors are grateful to Hanrui Li of HKUST IEMS for research assistance. ALICIA GARCIA HERRERO AND JIANWEI XU Drawing on a global database of media articles, we quantitatively assess perceptions of China’s Belt and Road Initiative (BRI) in different countries and regions. We find that the BRI is generally positively received. All regions as a whole, except South Asia, have a positive perception of the BRI, but there are marked differences at the country level, with some countries in all regions having very negative views. Interestingly, there is no significant difference in perceptions of the BRI between countries that officially participate in the BRI and those that do not. We also use our dataset of media articles to identify the topics that are most frequently associated with the BRI. The most common topics are trade and investment. Finally, we use regression analysis to identify how the frequency with which these topics are discussed in the news affects the perceptions of the BRI in different countries. We find that the more frequently trade is mentioned in the media, the more negative a country’s perception of the BRI tends to be. On the other hand, while investment under the BRI seems also to attract attention in the media, it is not statistically relevant for countries’ perceptions of the BRI. COUNTRIES’ PERCEPTIONS OF CHINA’S BELT AND ROAD INITIATIVE: A BIG DATA ANALYSIS 1 2 𝑇𝑗,𝑐 = 𝑤 𝑗,𝑝,𝑐−𝑤 𝑗,𝑛,𝑐 𝑤 𝑗,𝑐 ∈ (−100, +100) T = 1 𝑁 𝑐 ∑ 𝑇𝑗,𝑐𝑗 ∈ (−100, +100) 3 4 5 -0.5 0 0.5 1 1.5 2 Central Asia Sub-Saharan Africa East Asia & Pacific Middle East and North Africa Europe(the EU) Europe(the Non-EU) North America Latin America and the Caribbean South Asia Media sentiment World average 4-2 620-4 Negative Positive Central Asia Sub-Saharan Africa East Asia & Pacific Middle East & North Africa Europe (EU) Europe (Non-EU) North America Latin America & Caribbean South Asia UzbekistanTajikistan BotswanaTanzaniaZimbabweSouth Africa Australia Thailand Vietnam Laos Iraq Syria Yemen Jordan Sweden Finland Portugal Netherland Bosnia and Herzegovina Ukraine Turkey Belarus Canada US Guyana Venezuela Jamaica Maldives Bhutan Pakistan Afghanistan Poland Vanuatu 6 7 0 1 2 3i i i i iTone BRI Trade Investment    = + + + + 2 3 8 ^ 9 -4 -3 -2 -1 0 1 2 3 4 5 6 Botswana Netherlands Liberia Tanzania Laos Morocco Jordan Portugal Chad Zambia Jamaica Yemen Uzbekistan Slovenia China United Arab Emirates Indonesia Ethiopia Viet Nam Kyrgyzstan Belarus Egypt Rwanda Bahrain Cyprus Malawi Kazakhstan Italy Georgia Nigeria Afghanistan Malta Croatia Papua New Guinea Albania Brunei Luxembourg Cambodia Lebanon Brazil Zimbabwe Ghana Colombia France Thrinidad and Tobago Myanmar Greece Costa Rica Serbia Somalia Tajikistan Lithuania Azerbaijan Singapore Nepal Cameroon Finland Macedonia Armenia Slovakia Syria Panama Mauritius Mongolia Pakistan Thailand Madagascar South Korea Spain United States United Kingdom Turkey New Zealand Austria Malaysia Kenya Latvia Japan Germany Haiti Senegal Argentina Estonia Philippines Bulgaria Algeria Israel Saudi Arabia Sweden Hungary Samoa Bahamas Uganda Peru Sri Lanka Cuba Iran Venezuela Switzerland Bolivia Canada Dominica South Africa Montenegro Romania Mexico Bangladesh Qatar Australia Denmark Russia Moldova Ireland Vanuatu Uruguay Oman Czech Republic Chile Belgium Ukraine Nicaragua Ecuador India Bhutan Kuwait Iraq Norway Poland Guyana Bosnia and Herzegovina Maldives Tone(Non-BRI countries) Tone(BRI countries) Negative Positive Sub-Saharan Africa East Asia & Pacific Middle East & North Africa Europe (EU) Europe (Non-EU) Latin America & Caribbean South Asia Most negative: A Chinese energy company is involved in an alleged bribery scandal. Most frequent: The trade deficit with China could be increased. Most positive: Investment in infrastructure could help develop local area and add new economic opportunities. Most negative: None Most frequent: Expand foreign trade within free trade zone under the BRI. Most positive: BRI is expected to increase trade cooperation. Most negative: Military expansion may affect sovereignty. Most frequent: Investment in infrastructure is benefit to development. Most positive: Investment in infrastructure is benefit to development. Most negative: None Most frequent: Connectivity is benefit to socio- economic development. Most positive: Connectivity is benefit to socio- economic development. Most negative: Insecurity for workers involved in BRI projects. Most frequent: Investment in infrastructure development could boost economic growth Most positive: Investment in infrastructure development could boost economic growth Most negative: Deglobalisation trend is opposite to BRI. Most frequent: Investment from China has increased under BRI. Most positive: Investment from China has increased under BRI. Most negative: Huge investment may cause debt problem. Most frequent: The negative trade balance with China may grow. Most positive: Trade opportunities are increasing under BRI. Most negative: Expand political influence through BRI in the region. Most frequent: BRI is expected to increase trade cooperation. Most positive: Quality of products from China has improved. Most negative: The process under BRI can be made fairer. Most frequent: Improve mutually beneficial cooperation. Most positive: Cooperation in trade and investment could be increased under BRI. Most negative: Huge investment may trigger debt problem Most frequent: Huge investment may trigger debt problem; The process needs to be fairer (more local labour and participation) Most positive: None Most negative: There exist issues of unlawfulness under the BRI. Most frequent: There exist issues of unlawfulness under the BRI; Huge investment may cause debt problem. Most positive: Countries could strengthen cooperation with China under the BRI. Most negative: Most projects under BRI are in infrastructure sector, which produce a lot greenhouse gas and may cause environment problem. Most frequent: BRI can provide opportunities for other countries to expand export to China and engage in international trade. Most positive: Chinese investment in Jamaica contributes to generate economic growth, create job opportunities in local area. Most negative: China engages in land grabbing in Maldives. Most frequent: Maldives may fall into debt trap when facing huge investment from China under the BRI. Most positive: BRI will enhance cooperation between China and Maldives through increasing trade, investment and tourism. Most negative: Insecurity for workers involved in BRI projects Most frequent: BRI could strengthen win-win cooperation between countries Most positive: BRI could strengthen winwin cooperation between countries -3 6 1 http://www.xinhuanet.com/english/2017-06/26/c_136394003.htm 2 https://www.fes-connect.org/trending/south-africas-dilemma-in-the-belt-and-road-initiative-losing-africa-for-china/ 3 http://www.nationmultimedia.com/detail/big_read/30326442 4 http://www.espectador.com/internacionales/china-y-eeuu-superpotencias-camino-de-un-conflicto 5 https://www.afr.com/opinion/columnists/vanuatu-should-beware-of-beijings-strategic-strings-20180411-h0ym9h 6 https://www.gisreportsonline.com/gis-dossier-the-south-china-sea,defense,2488.html 7 https://www.arabherald.com/news/253522676/is-says-it-killed-2-captive-chinese-nationals-in-pakistan 8 https://www.railfreight.com/corridors/2018/03/07/amsterdam-added-to-new-silk-road-with-new-rail-freight-line/ 9 https://geopolitica.eu/more/in-english/2724-china-poland-and-the-belt-and-road-initiative-the-future-of-chinese-engagement-in- central-and-eastern-europe 10 https://logistyka.wnp.pl/chinczycy-beda-hamowac-inwestycje-wzdluz-nowego-jedwabnego-szlaku,304330_1_0_0.html 11 https://belarusdigest.com/story/belarus-and-one-belt-one-road-alternative-oil-scto-belarus-state-press-digest/ 12 http://www.capital.ba/zamke-na-kineskom-putu-svile/ 13 https://www.business-humanrights.org/en/bosnia-herzegovina-air-pollution-worsens-in-tuzla-while-govt-plans-for-more-coal- power 14 http://www.jamaicaobserver.com/business-report/caribbean-must-dynamicaly-engage-with- china_126355?profile=1283&template=MobileArticle 15 https://www.stabroeknews.com/2017/news/world/07/01/sri-lankas-top-court-dismisses-case-chinese-industrial-zone-deal/ 16 http://afghanistantimes.af/chinas-role-key-in-afghanistans-stability/ 17 https://maldivesindependent.com/business/chinese-lending-puts-maldives-at-risk-of-debt-distress-136331 © Bruegel 2019. 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