Lexington Books Challenges to China's Economic Statecraft: A Global Perspective (Challenges Facing Chinese Political Development)

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 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.--Nele Noesselt, University of Duisburg-Essen 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.