Research on the Environmental Risks of China's Overseas Investment under the Background of "Belt and Road"

Abstract

The ambitious "Belt and Road" initiative has ushered in a new era of global connectivity and economic integration, presenting unprecedented opportunities for Chinese enterprises to expand their overseas investments. However, this rapid expansion has been accompanied by heightened environmental challenges, necessitating a reevaluation of environmental protection strategies to ensure sustainable development. As China's investment footprint widens across diverse ecological and regulatory landscapes, the environmental implications of these ventures have come under intense scrutiny. To achieve the sustainable development of "Belt and Road", this paper analyses the multifaceted environmental risks associated with Chinese overseas investments under the "Belt and Road" framework, identifying key areas where current practices fall short in safeguarding ecological integrity. Through a comprehensive analysis, it highlights the critical need for robust legal frameworks and enhanced corporate environmental governance to mitigate these risks effectively. The study proposes a set of targeted legal strategies and policy recommendations designed to fortify environmental protection measures in Chinese outbound investments. These include the development of specific environmental legislation, the integration of sustainable practices into investment planning, and the strengthening of international cooperation on environmental issues. By addressing the dual objectives of economic growth and environmental sustainability, this paper aims to contribute valuable insights towards achieving a greener "Belt and Road" initiative, offering a roadmap for Chinese enterprises to navigate the complexities of responsible global investment.