A Legal Policy Analysis of the One Belt One Road Initiatives (Indonesia legal interpretation perspective)
(1) * Faruq Anshori Mail (School of Law, NanjingNormal University, Nanjing 210023, China, China)
(2) Melda Ria Juwita Mail (School of Geography, Nanjing Normal University, Nanjing 210023, China, China)
(3) Agus Supriyadi Mail (Research and Innovation Division of the Banjar Municipality Regional Development Planning Agency, Banjar City, West Java Province, Indonesia, Indonesia)
*corresponding author

Abstract


China's One Belt One Road Silk Road is an initiative of Chinese President Xi Jinping to build infrastructure that can support or advance international trade through land and sea routes. One Belt One Road is also one way to increase the country's economic growth through which it passes by taking advantage of international trade barriers. The problems in this research are: how are the concept of One Belt One Road, the advantages and disadvantages of implementing One Belt One Road in Indonesia, and the legal aspects regarding One Belt One Road. This thesis research uses normative legal research methods using data from primary, secondary and tertiary legal materials. Data were collected through a literature study and analyzed in a normative-qualitative manner. The Indonesian government is very receptive to foreign investment as long as it has a positive social impact. With this as a guiding concept, the Chinese government's of One Belt One Road initiative offers Indonesia an alternate choice for developing the nation's infrastructure and ensuring the welfare of its citizens. This research illustrates how Indonesia embraced the One Belt One Road opportunity as one of the options it picked by using the case of China's investment in Indonesia as an example. Technically speaking, this research also offers Indonesian legal framework that Chinese state investors can use as a roadmap to ensure that investment growth occurs smoothly within the One Belt One Road framework.


Keywords


Policy Analysis; The Belt and The Road; Foreign Direct Investment; China Investment; Silk Road

   

DOI

https://doi.org/10.31763/sphg.v1i1.1534 		      

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