The thesis explores the construction of the Belgrade–Budapest railway as a case study
of China's development initiatives in Europe, analyzed through the lens of good
governance. The primary objectives of the research were to assess how principles of
transparency, accountability, and the rule of law are reflected in the implementation of
the project and to examine the broader economic, political, and social implications of
cooperation between China and Central and Eastern European countries within the
14+1 initiative. The research employed a case study methodology, document analysis,
and media discourse analysis.
The findings reveal that despite the strategic and economic significance of the railway
project, concerns remain regarding the transparency of financing, selection of
contractors, and the political implications of Chinese involvement. The thesis also
highlights the diverging positions of EU member states toward cooperation with China,
raising questions about the coherence of the EU’s foreign policy. Special attention was
given to a comparative analysis of policy documents and the contrasting narratives
surrounding EU–China relations.
The main contribution of the research lies in its in-depth analysis of the political
consequences and long-term risks associated with Chinese investments in European
infrastructure. This study provides a valuable perspective on the interplay between
good governance, Chinese relational thinking, and global governance in the current
geopolitical landscape.
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