Chinese Economic Statecraft: Commercial Actors, Grand Strategy, and State Control
William J. Norris
Abstract
This book introduces an innovative theory that pinpoints how states employ economic tools of national power to pursue their strategic objectives. The book shows what Chinese economic statecraft is, how it works, and why it is more or less effective. It provides an accessible tool kit to help us better understand important economic developments in the People's Republic of China. The book links domestic Chinese political economy with the international ramifications of China's economic power as a tool for realizing China's strategic foreign policy interests. It presents a novel approach to studyi ... More
This book introduces an innovative theory that pinpoints how states employ economic tools of national power to pursue their strategic objectives. The book shows what Chinese economic statecraft is, how it works, and why it is more or less effective. It provides an accessible tool kit to help us better understand important economic developments in the People's Republic of China. The book links domestic Chinese political economy with the international ramifications of China's economic power as a tool for realizing China's strategic foreign policy interests. It presents a novel approach to studying economic statecraft that calls attention to the central challenge of how the state is (or is not) able to control and direct the behavior of economic actors. The book identifies key causes of Chinese state control through tightly structured, substate and crossnational comparisons of business–government relations. These cases range across three important arenas of China's grand strategy that prominently feature a strategic role for economics: China's efforts to secure access to vital raw materials located abroad, Mainland relations toward Taiwan, and China's sovereign wealth funds. The ideas in this book are applicable beyond China and help us to understand how states exercise international economic power in the twenty-first century.
Keywords:
economic statecraft,
China,
political economy,
foreign policy,
Taiwan,
sovereign wealth funds,
economic power,
grand strategy,
state control,
business–government relations
Bibliographic Information
Print publication date: 2016 |
Print ISBN-13: 9780801454493 |
Published to Cornell Scholarship Online: August 2016 |
DOI:10.7591/cornell/9780801454493.001.0001 |