Chinese Economic Diplomacy before and during the COVID-19 Pandemic

2021 ◽  
Vol 13 (3) ◽  
pp. 151-189
Author(s):  
E. I. Safronova

The process of globalization has turned international economy into an arena of direct and indirect conflict of interests of various actors. It has also provided states with a new tool for their foreign policy activity — economic diplomacy. The paper focuses on the economic diplomacy of the People’s Republic of China, which not only has become the second important center of the world economy, but is starting to realize its increased capabilities, demonstrating ambitions of a new leader in international relations. The first section outlines the main features of the PRC’s economic diplomacy. The second section focuses on the key areas and specific mechanisms of the so-called incentive economic diplomacy. In this regard, the author emphasizes two trends: on the one hand, China aims at effectively integrating into existing international formats and institutions of global economic governance, but, on the other hand, it shows willingness to take the lead and initiate its own ambitious projects. The Silk Road Fund and the Regional Comprehensive Economic Partnership (RCEP) as well as the mega-project ‘The Silk Road Economic Belt and the 21st-century Maritime Silk Road’ are the most striking examples of the latter trend. Incentive economic diplomacy also serves as an important tool for strengthening the soft-power potential of the PRC in the international arena, especially in developing countries. At the same time, the author stresses that in recent years the PRC resorts more actively to the use of offensive forms of economic diplomacy, such as sanctions. This trend is examined in the third section of the paper. The international crisis provoked by SARS-CoV-2 pandemic became a moment of truth and a stress test for the new foreign policy system of the PRC. The fourth section analyses new challenges faced by China’s economic diplomacy in the context of the pandemic. These challenges have both an objective (the need for quick national economic recovery) and subjective dimensions. The latter implies the wholescale information war as the PRC and the countries of the collective West led by the United States started playing blame game. The author notes that, under these circumstances the PRC’s ‘COVID-19 diplomacy’ becomes more aggressive, which negatively affects the already tarnished national image. However, the author concludes, that although the current Chinese economic diplomacy generates rather negative sentiments in both developed and developing countries, it is exactly economic diplomacy that could, if properly used, help the PRC to establish itself as a leading actor in the new bipolar world order.

2014 ◽  
Vol 06 (03) ◽  
pp. 5-15 ◽  
Author(s):  
John WONG ◽  
Liang Fook LYE

Chinese President Xi Jinping has pursued a proactive foreign policy to strengthen ties with its neighbours. In particular, Xi has proposed two major initiatives, i.e. the Silk Road Economic Belt (an overland route) and the Maritime Silk Road of the 21st Century (a maritime route), that leverage on China's economic strengths. Nevertheless, China will have to contend with the interests of other major powers as well as its own lack of soft power in its implementation.


2016 ◽  
Vol 68 (7) ◽  
pp. 24 ◽  
Author(s):  
Tsui Sit ◽  
Wong Erebus ◽  
Chi Lau Kin ◽  
Tiejun Wen

Since announcing its foreign policy "pivot to Asia" shortly after the election of Barack Obama, the United States has made extensive use of its institutional and discursive power to encourage denationalization among developing countries whose economies chiefly rely on manufacturing and trade—part of its global strategic goal of expanding the hegemony of finance capital at the lowest possible cost. The development of the Trans-Pacific Partnership (TTP) is a case in point. This article analyzes the TPP's strategy in targeting China, pointing out that the TPP is a battle for the terms of economic development and discourse in the twenty-first century, as well as an illustration of the ideology of technocracy and soft power. Lastly, we criticize the TPP's erosion of economic sovereignty, which would effectively relegate the economies of developing countries to a form of semi-colonial extraterritoriality.Click here to purchase a PDF version of this article at the Monthly Review website.


2016 ◽  
Vol 6 (1) ◽  
pp. 3-27 ◽  
Author(s):  
Balázs Sárvári ◽  
Anna Szeidovitz

AbstractWhat has now been coined the term XXI Century Silk Road had evolved from a speech given by Chinese premier Xi Jinping in Kazakhstan in 2013. It was initially a plan aimed at promoting the bilateral relations of China and its neighbors; however, the initiative had since then traversed the region’s borders and become a global project. This paper examines the Silk Road Economic Belt initiative in light of Chinese-EU relations. It reviews the initiation of the Silk Road Project and focuses on its political economic analysis through investigating the potential routes the Belt can take, the EU-Chinese trade and investment standings as well as the global political context that the increased cooperation and connection is likely to influence. The paper uses the Modern Silk Road concept as an example of China’s foreign policy in the wake of globalization and the emergence of a new multipolar world order. To set the stage we will begin with a political-economic approach of the New Silk Road. Highlighting the possibilities of Chinese high culture, which accommodate global governance, we state that the Modern Silk Road project is one of its materialized forms. The concept of the New Silk Road (together with the Eurasian Union) denies the previous era of corruption and personality cult and indicates a milestone in the development of China, proving that it is already a globally responsible power (Värk, 2015). Even if transport by land is significantly more expensive than transportation by sea, the New Silk Road may have significant advantages: It may take only two weeks, saving potentially a week in shipping time, and diversify China’s dependence on sea transport that could reduce the importance of its regional diplomatic conflicts. Already these aspects show that the purpose of the Modern Silk Road is basically not to explore cost-efficiency but to contribute to the establishment of a new, multipolar world order. The fact that the Modern Silk Road is a supply-driven concept in spite of the historical one underlines this argument. Even if politics dominate, henceforward directing the economic activities, we will nonetheless examine the China-Eastern European relations through the lenses of trade and investment as well. After the initial analysis and description of the Silk Road Economic Belt as a tool of Chinese foreign policy, the paper goes on to examine the potential routes the railway takes from China to Europe. It reviews the trade and investment ties that the two entities share and assesses how this initiative contributes to the rise of Europe and China beside the USA. Lastly, it outlines how various regional and global powers are affected by the renewal of the Silk Road.


Author(s):  
Gregorio Bettiza

Since the end of the Cold War, religion has been systematically brought to the fore of American foreign policy. US foreign policymakers have been increasingly tasked with promoting religious freedom globally, delivering humanitarian and development aid abroad through faith-based channels, pacifying Muslim politics and reforming Islamic theologies in the context of fighting terrorism, and engaging religious actors to solve multiple conflicts and crises around the world. Across a range of different domains, religion has progressively become an explicit and organized subject and object of US foreign policy in ways that were unimaginable just a few decades ago. If God was supposed to be vanquished by the forces of modernity and secularization, why has the United States increasingly sought to understand and manage religion abroad? In what ways have the boundaries between faith and state been redefined as religion has become operationalized in American foreign policy? What kind of world order is emerging in the twenty-first century as the most powerful state in the international system has come to intervene in sustained and systematic ways in sacred landscapes around the globe? This book addresses these questions by developing an original theoretical framework and drawing upon extensive empirical research and interviews. It argues that American foreign policy and religious forces have become ever more inextricably entangled in an age witnessing a global resurgence of religion and the emergence of a postsecular world society.


Author(s):  
Jean-Marc F. Blanchard

AbstractThis piece examines and critiques the massive literature on China’s ambitious Belt and Road Initiative (BRI). It details how research currently seems stuck on the road to nowhere. In addition, it identifies a number of the potholes that collective research endeavors are hitting such as that they are poorly synchronized. It also stresses that lines of analysis are proliferating rather than optimizing, with studies broadening in thematic coverage, rather than becoming deeper. It points out that BRI participants are regularly related to the role of a bit player in many analyses and research often is disconnected from other literatures. Among other things, this article recommends analysts focus on the Maritime Silk Road Initiative (MSRI) or Silk Road Economic Belt (SREB) in specific regions or countries. It also argues for a research core that focuses on the implementation issue (i.e., the issue of MSRI and SREB project implementation), project effects (i.e., the economic and political costs and benefits of projects), and the translation issue (i.e., the domestic and foreign policy effects of projects) and does work that goes beyond the usual suspects. On a related note, research need to identify, more precisely, participants and projects, undertake causal analysis, and take into account countervailing factors. Furthermore, studies need to make more extensive use of the Chinese foreign policy literature. Moreover, works examining subjects like soft power need to improve variable conceptualization and operationalization and deliver more nuanced analyses. Finally, studies, especially by area specialists, should take the area, not the China, perspective.


2016 ◽  
Vol 5 (1) ◽  
pp. 186-216
Author(s):  
Leonardo Luiz Silveira Da Silva

Resumo: A descolonização do Oriente Médio que originou novos Estados na região da Bacia do rio Jordão, coincide temporalmente com um novo arranjo da ordem mundial que se reorganizava no período pós-Segunda Guerra Mundial. A trajetória da política externa da Jordânia na segunda metade do século XX é extremamente didática para entendermos os efeitos das relações de poder entre as nações em âmbito regional e global para a mudança de comportamento dos Estados que praticavam políticas anti-hegemônicas. Nesta trajetória destaca-se a intensa disputa pelos escassos recursos hídricos regionais, à medida que o recurso é fundamental para o desenvolvimento das atividades econômicas e para a própria soberania do Estado. Na já distante década de 1950, poucos anos após o conflito da Guerra de Independência que opôs Israel e os Estados árabes vizinhos, a Jordânia passou a adotar uma postura intransigente em relação à aproximação com Israel, apesar dos esforços dos Estados Unidos para promover a estabilidade regional. Com o acordo de paz entre Egito e Israel, mediado pelos Estados Unidos e costurado na virada das décadas de 1970 e 1980, o tabu da oposição sistemática a Israel foi rompido. Desta forma, este artigo tem como objetivo apresentar as mudanças na política externa da Jordânia na segunda metade do século XX, associando estas mudanças às novas estratégias norte-americanas para região, permitindo a compreensão das novas formas de imperialismo que dominam o cenário do Oriente Médio desde a década de 1970.Palavras-Chave: Jordânia, Estados Unidos, Israel, políticas anti-hegemônicas. Abstract: The decolonization of the Middle East that originated in the new states of the Jordan Basin region coincides temporally with a new arrangement of the world order, which is rearranged in the post - World War II period. The trajectory of the Jordanian foreign policy in the second half of the twentieth century is extremely didactic to understand the effects of power relations between nations on a regional and global level to the changing behavior of States which practiced anti - hegemonic politics. On this path there is the intense competition for scarce regional water resources, as the feature is essential for the development of economic activities and the very sovereignty of the state. In the distant 1950s, a few years after the conflict of the War of Independence which opposed Israel and neighboring Arab states, Jordan adopted an uncompromising stance towards rapprochement with Israel, despite U.S. efforts to promote peace in the region. With the peace agreement between Egypt and Israel, brokered by the United States and sewn at the turn of the 1970s and 1980s, the pattern of systematic opposition to Israel was broken. This paper aims to present the changes in Jordan's foreign policy in the second half of the twentieth century, linking these changes to the new US strategy for the region, allowing the understanding of new forms of imperialism which dominate the Middle East scenario since the decade 1970.Keywords: Jordan, United States, Israel, anti - hegemonic politics.


2018 ◽  
Vol 32 (1) ◽  
pp. 3-22 ◽  
Author(s):  
Stephen M Walt

This article uses realism to explain past US grand strategy and prescribe what it should be today. Throughout its history, the United States has generally acted as realism depicts. The end of the Cold War reduced the structural constraints that states normally face in anarchy, and a bipartisan coalition of foreign policy elites attempted to use this favorable position to expand the US-led ‘liberal world order’. Their efforts mostly failed, however, and the United States should now return to a more realistic strategy – offshore balancing – that served it well in the past. Washington should rely on local allies to uphold the balance of power in Europe and the Middle East and focus on leading a balancing coalition in Asia. Unfortunately, President Donald Trump lacks the knowledge, competence, and character to pursue this sensible course, and his cavalier approach to foreign policy is likely to damage America’s international position significantly.


Author(s):  
Robert R. Bianchi

The rise of the New Silk Road is generating fierce debates over the emergence of new megaregions and their role in reshaping world politics. Chinese writers are avid consumers of and contributors to these discussions both at home and internationally. China’s growing interest in megaregional integration accompanied a sharp turn in foreign policy—from a defensive posture that feared provoking war with the United States toward a bold campaign to assert global leadership, economically and diplomatically. Gradually, Chinese leaders are beginning to realize that all of the emerging megaregions are developing lives of their own that cannot be directed by a hierarchical network centered in Beijing. This realization is forcing China’s policymakers to reconsider their traditional assumption that sovereignty belongs only to formal governments and the elites that control them rather than to the all of the citizens who comprise the national communities.


Author(s):  
Peter Rutland ◽  
Gregory Dubinsky

This chapter examines U.S. foreign policy in Russia. The end of the Cold War lifted the threat of nuclear annihilation and transformed the international security landscape. The United States interpreted the collapse of the Soviet Union as evidence that it had ‘won’ the Cold War, and that its values and interests would prevail in the future world order. The chapter first provides an overview of the collapse of the Soviet Union in 1991 before discussing U.S.–Russian relations under Bill Clinton and Boris Yeltsin, respectively. It then turns to the North Atlantic Treaty Organization (NATO) and its enlargement, the Kosovo crisis, and the ‘Great Game’ in Eurasia. It also analyses the rise of Vladimir Putin as president of Russia and the deterioration of U.S.–Russian relations and concludes with an assessment of the cautious partnership between the two countries.


2020 ◽  
pp. 291-312
Author(s):  
Joshua Eisenman ◽  
Eric Heginbotham

Over the last two decades, developing countries have become central to China’s increasingly ambitious foreign policy makers. This chapter begins by explaining China’s conceptualization of the developing world and its position in Beijing’s geostrategy. After describing the three characteristics of China’s approach—asymmetry, comprehensiveness, and its interlocking structure—the chapter then explains the various economic, political, and security policy tools that comprise it. China works to bring the separate strands of its foreign policy together in a comprehensive whole and to build synergies between component parts. Ultimately, the chapter concludes that Beijing’s primary objectives—regime survival and advancing China’s position in an increasingly multipolar world—are probably insufficient to engender widespread political support among developing countries for a China-led world order.


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