The Integration of China's Belt and Road Initiative Into Global Supply Chains

Abstract

This chapter uses the German supply chain act as a lens to examine the impact on corporate social responsibility (CSR) of China's belt and road initiative (BRI) and global supply chain management techniques. China's BRI seeks to improve infrastructure, trade, and investment links with various nations. This chapter describes the BRI and how it may alter global supply chains in ways that raise or lower risks and possibilities related to sustainability and human rights. The chapter analyzes China's potential to advance green and socially responsible business practices along the BRI. A novel Chinese interpretation of the German supply chain act and its potential application inside the BRI are discussed. The chapter highlights the importance of worker rights and environmental preservation as it addresses the potential of technologies like blockchain inside the BRI framework to improve transparency, accountability, and traceability. The chapter also emphasizes the financial advantages of ethical supply chain management.