Orchestration: China's Economic Statecraft Across Asia and Europe

The Chinese government has more control over wealth than any other government, and it uses economic statecraft to advance its foreign policy goals. This book explores the origins, operations, and effectiveness of China's economic statecraft in four cases: Myanmar, North Korea, Western Europe, and Central/Eastern Europe. It finds that China uses economic resources to exert influence abroad and identifies when Beijing is most effective.

\n Format: Hardback
\n Length: 280 pages
\n Publication date: 08 April 2021
\n Publisher: Oxford University Press Inc
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The Chinese government possesses unparalleled control over wealth, surpassing any other government in global history. With the Communist Party holding a dominant position in the world's second-largest economy, China appears well-suited to pursue economic statecraft, utilizing its economic resources to advance its foreign policy objectives. However, as this book reveals, domestic complexities often hinder Chinese leaders. In response, they have adopted a distinctive approach known as orchestration. Drawing upon extensive field research across Asia and Europe, Orchestration delves into the origins, operations, and effectiveness of China's economic statecraft. In this comprehensive work, James Reilly examines the ideas and institutions that underpin China's approach to economic statecraft, evaluating Beijing's orchestration in four case studies: Myanmar, North Korea, Western Europe, and Central/Eastern Europe.

China's unique experience as a planned economy and subsequently a developmental state, all under the single leadership of the Leninist party, granted Chinese leaders unchallenged authority over their economy. Despite their successful efforts to mobilize companies, banks, and local officials to accelerate trade and investment abroad, Chinese leaders struggled to influence critical policy decisions overseas. For countries worldwide, engaging in economic cooperation with China offers more benefits at lower costs than commonly assumed. Orchestration addresses three central questions: why does China employ economic statecraft in this particular manner? When is China's economic statecraft most effective? Finally, what insights can the China case provide about economic statecraft more broadly? The findings shed light on China's use of economic resources to exert influence abroad and identify the optimal times for Beijing to exert its influence. By exploring these topics, Orchestration contributes to our understanding of China's economic strategies and their implications for global politics.

\n Weight: 558g\n
Dimension: 243 x 165 x 24 (mm)\n
ISBN-13: 9780197526347\n \n