Beschreibung:
This book presents a comprehensive assessment of China's economic statecraft and its challenges. The contributors explore the various factors and dynamics that determine the effectiveness of China's effort to turn its wealth into global power.
Fueled by its surging economic strength, China has been increasingly utilizing economic tools such as trade, foreign aid, foreign direct investment, and sanctions to pursue strategic and security interests on the world stage. This approach, known as economic statecraft, has thus far received mixed policy results and ambivalent reactions from the international community. This book presents a collection of global assessment of China's economic statecraft. The contributors to this volume answer three key questions: What are the challenges faced by China’s economic statecraft? Why is China sometimes able to achieve its foreign policy objectives via economic statecraft and sometimes not? How do foreign countries, particularly the targets of China’s economic statecraft, respond to China's strategies? This comprehensive study examines economic statecraft in the context of more than a dozen nations and international organizations across four continents, thus providing a truly global perspective.
Introduction, by Yi Edward Yang and Wei Liang
Part I. China’s Economic Statecraft in Bilateral Relations
Chapter 1. The New Great Game in Central Asia? The Belt and Road Initiative and its implications for Sino-Russian relations, by Laura Bunting
Chapter 2. Sanctions Effectiveness in the China-South Korea THAAD Dispute – The Importance of Target State Considerations, by James F. Paradise
Chapter 3. Middle Powers and China’s Economic Statecraft: Charting Variance in “Strategic Value,” by Stephen Noakes
Part II.China’s Economic Statecraft in Regional Relations
Chapter 4. Can China’s Economic Statecraft Win Soft Power in Africa? Unpacking Trade, Investment and Aid, by Pippa Morgan
Chapter 5. Chinese Economic Statecraft and the Gulf Cooperation Council, Jonathan Fulton
Chapter 6. Pulling the Region into its Orbit? China’s Economic Statecraft in Latin America, by Wei Liang,
Chapter 7. Blackening Skies for Chinese Investment in the EU?, by Bas Hooijmaaijers
Chapter 8. Nuclear Infrastructure Investment: China’s New Tool of Economic Statecraft?, by Biao Zhang
Part III. China’s Economic Statecraft: Creating and Shaping International Institutions
Chapter 9. Expanding Normative Power in Financial Governance through Economic Statecraft? The Case of the AIIB, by Zhongzhou Peng and Sow Keat Tok
Chapter 10. China’s Coherence in International Economic Governance, by Marcia Don Harpaz
Chapter 11. Toward a Responsible Great Power? A Formal Analysis of China’s Contributions to UN Peacekeeping Operations, by Min Ye and Quan Li