Title
Chinese Investment and Elite Sentiment in Southeast Asia: An Event Study of Influence Along the Belt and Road
Author(s)
Yining Sun Yining Sun (Princeton University)
Ethan B. Kapstein Ethan Kapstein (Princeton University)
Jacob N. Shapiro Jacob Shapiro (Princeton University)
Abstract
Recent years have seen growing concerns expressed by political leaders throughout the west about rising Chinese “influence” around the world. Yet measuring political influence remains a challenge to social science. In this paper, we seek to advance our understanding of influence by comparing the expressed attitudes towards China of elected officials within three Southeast Asian states (the Philippines, Malaysia, and Indonesia) whose districts have received Chinese Belt and Road investments versus those who have not. Specifically, we interact a China-related foreign policy “shock” with sentiment analysis based on Twitter and Facebook posts. We find little support for the assertion that Chinese investments are leading to increased political influence in these countries, at least in terms of influencing the sentiments expressed by local politicians.
Creation Date
2023-15
Section URL ID
Paper Number
37
URL
https://esoc.princeton.edu/WP37
File Function
Jel
O19, P33
Keyword(s)
China, Belt and Road Initiative, Foreign Influence, Social Media, Elite Attitude, Sentiment Analysis, South China Sea Disputes
Suppress
false
Series
12