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| 1 |
ID:
083737
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| Publication |
2008.
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| Summary/Abstract |
China's rising profile in world economic affairs is beyond dispute. This article explores several ways to think about China's experience as a latecomer, offering a preliminary assessment of its development trajectory and the evolving nature of its foreign economic relations. In particular, the analysis rejects the view that China is emerging as the hub of a regional economic order in East Asia that is increasingly cohesive and independent vis-à-vis other regions of the world. Alternatively, the article highlights the promise of research that focuses on the role of Chinese economic activity within global commodity chains and how this particular form of cross-border integration affects interdependence among nation-states at multi-continental distances
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| 2 |
ID:
126454
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| Publication |
2013.
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| Summary/Abstract |
The global economic crisis revealed China to be an interdependent giant, one whose 'rise' was undeniable but also one whose deepening participation in transnational production sharing and network trade made it highly susceptible to an external shock. China weathered the storm relatively well - avoiding a recession, in particular - not because it had 'decoupled' from the G7 economies but because its stimulus measures were unusually swift and powerful. One cost, however, has been a worsening domestic imbalance between investment and consumption that carries a heightened risk of asset price inflation, non-performing loans and destabilising levels of local government debt. Meanwhile, China's ties to the world economy have not fundamentally changed since the crisis began. Despite stirring leader rhetoric and summit declarations, the BRICS have made only modest progress in meeting their goals. East Asia, North America and Europe remain China's principal trade partners, and cross-border production chains connecting these regions remain the dominant mode of China's incorporation into the world economy.
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| 3 |
ID:
052201
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| Publication |
Summer 2004.
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| Summary/Abstract |
China's strategic choices increasingly seek to use globalization as a way to make China rich and strong, reduce international fears of its rising material power, and transform great-power politics to a more cooperative form of interstate competition that increases prospects for China's peaceful rise
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