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<article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:ali="http://www.niso.org/schemas/ali/1.0/" article-type="research-article" dtd-version="1.2" xml:lang="en"><front><journal-meta><journal-id journal-id-type="publisher-id">Vestnik RUDN. International Relations</journal-id><journal-title-group><journal-title xml:lang="en">Vestnik RUDN. International Relations</journal-title><trans-title-group xml:lang="ru"><trans-title>Вестник Российского университета дружбы народов. Серия: Международные отношения</trans-title></trans-title-group></journal-title-group><issn publication-format="print">2313-0660</issn><issn publication-format="electronic">2313-0679</issn><publisher><publisher-name xml:lang="en">федеральное государственное автономное образовательное учреждение высшего образования «Российский университет дружбы народов имени Патриса Лумумбы» (РУДН)</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="publisher-id">47876</article-id><article-id pub-id-type="doi">10.22363/2313-0660-2025-25-4-635-651</article-id><article-id pub-id-type="edn">IFFWGC</article-id><article-categories><subj-group subj-group-type="toc-heading" xml:lang="en"><subject>CHINA IN THE WORLD</subject></subj-group><subj-group subj-group-type="toc-heading" xml:lang="ru"><subject>КИТАЙ В МИРЕ</subject></subj-group><subj-group subj-group-type="article-type"><subject>Research Article</subject></subj-group></article-categories><title-group><article-title xml:lang="en">The Belt and Road Initiative: A Model of China’s Investment Cooperation with Australia and New Zealand</article-title><trans-title-group xml:lang="ru"><trans-title>Инициатива «Один пояс, один путь»: модель инвестиционного сотрудничества Китая с Австралией и Новой Зеландией</trans-title></trans-title-group><trans-title-group xml:lang="zh"><trans-title/></trans-title-group></title-group><contrib-group><contrib contrib-type="author"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0002-2855-3163</contrib-id><contrib-id contrib-id-type="spin">6742-4740</contrib-id><name-alternatives><name xml:lang="en"><surname>Katkova</surname><given-names>Evgeniya Yu.</given-names></name><name xml:lang="ru"><surname>Каткова</surname><given-names>Евгения Юрьевна</given-names></name><name xml:lang="zh"><surname></surname><given-names></given-names></name></name-alternatives><bio xml:lang="en"><p>PhD (History), Associate Professor, Department of Oriental and African Studies</p></bio><bio xml:lang="ru"><p>кандидат исторических наук, доцент кафедры востоковедения и африканистики</p></bio><email>katkova_eyu@pfur.ru</email><xref ref-type="aff" rid="aff1"/></contrib></contrib-group><aff-alternatives id="aff1"><aff><institution xml:lang="en">RUDN University</institution></aff><aff><institution xml:lang="ru">Российский университет дружбы народов</institution></aff><aff><institution xml:lang="zh"></institution></aff></aff-alternatives><pub-date date-type="pub" iso-8601-date="2025-12-31" publication-format="electronic"><day>31</day><month>12</month><year>2025</year></pub-date><volume>25</volume><issue>4</issue><issue-title xml:lang="en">Humanitarian Aspects of Modern International Relations</issue-title><issue-title xml:lang="ru">Гуманитарные аспекты современных международных отношений</issue-title><fpage>635</fpage><lpage>651</lpage><history><date date-type="received" iso-8601-date="2025-12-31"><day>31</day><month>12</month><year>2025</year></date></history><permissions><copyright-statement xml:lang="en">Copyright ©; 2025, Katkova E.Y.</copyright-statement><copyright-statement xml:lang="ru">Copyright ©; 2025, Каткова Е.Ю.</copyright-statement><copyright-statement xml:lang="zh">Copyright ©; 2025, Katkova E.</copyright-statement><copyright-year>2025</copyright-year><copyright-holder xml:lang="en">Katkova E.Y.</copyright-holder><copyright-holder xml:lang="ru">Каткова Е.Ю.</copyright-holder><copyright-holder xml:lang="zh">Katkova E.</copyright-holder><ali:free_to_read xmlns:ali="http://www.niso.org/schemas/ali/1.0/"/><license><ali:license_ref xmlns:ali="http://www.niso.org/schemas/ali/1.0/">https://creativecommons.org/licenses/by-nc/4.0</ali:license_ref></license></permissions><self-uri xlink:href="https://journals.rudn.ru/international-relations/article/view/47876">https://journals.rudn.ru/international-relations/article/view/47876</self-uri><abstract xml:lang="en"><p>The large-scale Belt and Road Initiative (BRI) has undergone significant expansion in recent years. In 2017, China proposed a new route including South Pacific Region (SPR) states, intended to become a “hub” for ships heading to Latin America and back. Australia and New Zealand were chosen as key partners due to their leading positions among the region’s countries and their significant influence over political processes in the SPR. The relevance of the research topic is determined by China’s growing interest in the South Pacific Region and the consequently intensifying Sino-American competition, which significantly impacts the foreign policy decisions made in Canberra and Wellington. The aim of the present study is to identify differences in the approaches in Australia’s and New Zealand’s approaches to the BRI, and the factors influencing their policies regarding the Chinese initiative. Methodologically, the research relies on a comparative analysis of investment volumes from the People’s Republic of China (PRC) into the two countries’ infrastructure projects, as well as general scientific and specific scientific methods of historical and political research, including the narrative method and case studies. The conceptual framework of the study is the theory of hegemonic stability, which allows for examining the Belt and Road Initiative as a new economic regime of an emerging hegemon - China, which seeks to attract close US partners, namely Australia and New Zealand, to its side. The author concludes that political relations do, to a certain extent, influence the volume of Chinese investments. However, despite China’s consistently stable relations with New Zealand throughout under the review period. Chinese investment volumes in Australia were significantly higher. Furthermore, no critical infrastructure project involving China was approved in New Zealand. Meanwhile, despite the significant deterioration in Sino-Australian relations and Australia’s refusal to participate in the BRI, Chinese investors made several substantial investments in the Australian economy between 2013 and 2018.</p></abstract><trans-abstract xml:lang="ru"><p>В последние годы масштабная инициатива «Один пояс, один путь» (ОПОП) получила дальнейшее развитие. В 2017 г. Китай предложил новый маршрут, включающий государства ЮжноТихоокеанского региона (ЮТР), которые должны стать «хабом» для судов, направляющихся в Латинскую Америку и обратно. В качестве ключевых партнеров были выбраны Австралия и Новая Зеландия, занимающие лидирующие позиции среди стран региона и обладающие достаточным влиянием на политические процессы в ЮТР. Актуальность темы исследования обусловлена все возрастающим интересом Китая к ЮТР и усиливающейся в связи с этим китайско-американской конкуренцией, оказывающей существенное воздействие на внешнеполитические решения, принимаемые в Канберре и Веллингтоне. Цель исследования - выявление различий в подходах Австралии и Новой Зеландии к инициативе ОПОП и факторов, влияющих на политику стран в отношении китайской инициативы. Методологически исследование опирается на сравнительный анализ объемов инвестиций из КНР в инфраструктурные проекты двух стран, а также общенаучные и частнонаучные методы исторических и политических исследований, среди которых нарративный метод, кейс-стади и т. д. Концептуальной рамкой исследования является теория гегемонистской стабильности, которая позволяет рассмотреть инициативу «Один пояс, один путь» в качестве нового экономического режима возвышающегося гегемона - Китая, который старается привлечь на свою сторону близких партнеров США - Австралию и Новую Зеландию. Автор приходит к выводу, что политические отношения в определенной степени оказывают влияние на объемы китайских инвестиций, однако, несмотря на то что отношения Китая с Новой Зеландией на протяжении всего рассматриваемого периода были стабильными, объемы китайских инвестиций в Австралию были намного больше. Кроме того, ни один проект в сфере критической инфраструктуры Новой Зеландии с привлечением китайской стороны одобрен не был. В то же время, несмотря на то что китайско-австралийские отношения переживали сильный спад, а Австралия отказалась участвовать в ОПОП, в 2013-2018 гг. китайские инвесторы сделали ряд очень крупных инвестиций в ее экономику.</p></trans-abstract><trans-abstract xml:lang="zh"/><kwd-group xml:lang="en"><kwd>investments</kwd><kwd>infrastructure</kwd><kwd>USA</kwd><kwd>security</kwd><kwd>South Paci c</kwd><kwd>Maritime Silk Road</kwd><kwd>balancing strategy</kwd><kwd>economic cooperation</kwd></kwd-group><kwd-group xml:lang="ru"><kwd>инвестиции</kwd><kwd>инфраструктура</kwd><kwd>США</kwd><kwd>безопасность</kwd><kwd>Южно-Тихоокеанский регион</kwd><kwd>Морской Шелковый путь</kwd><kwd>стратегия балансирования</kwd><kwd>экономическое сотрудничество</kwd></kwd-group><funding-group/></article-meta><fn-group/></front><body></body><back><ref-list><ref id="B1"><label>1.</label><citation-alternatives><mixed-citation xml:lang="en">Askari, M. U., &amp; Tahir, M. (2020). 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