Challenges to China's Economic Statecraft - (Challenges Facing Chinese Political Development) by Yi Edward Yang (Hardcover)

About the Book

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 efforts to turn its wealth into global power.

Book Synopsis

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 assessments 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.

Review Quotes

The essays combined in this thoughtfully organized volume provide some very insightful, theory-guided assessments of the global dimension of China's economic statecraft. These analyses offer new insights into the dynamics underlying the country's rise to global power status. This is a must read for IR specialists, practitioners, as well as scholars seeking a deeper understanding of the most recent transformations and reconfigurations of China's political economy.

About the Author

Yi Edward Yang is professor of political science at James Madison University.

Wei Liang is professor of international policy at the Middlebury Institute of International Studies.