Globalization is an irresistible force. Given the high stakes at hand – for stability, continued growth, and the future of our planet – it is more important than ever that China gain a deeper understanding of the rest of the world, and that the rest of the world also comes to a clearer understanding of China. This book focuses on globalization and China’s evolving role in the world, offering unique perspectives on a remarkable period, which saw the global landscape reshaped by China’s continued rise, intensifying great power competition, and a deadly pandemic. The essays center on three interconnected themes – China’s remarkable development under the Reform and Opening-up policy, China’s deepening integration into the global economy and rise in a multipolar world, and the quest to reinvigorate global governance and multilateralism to address the pressing global challenges of the 21st century. These insights are useful for academics, policymakers, students, and anyone trying to deepen their understanding of China’s development and role in making globalization work for our multipolar world.
Author(s): Huiyao Wang
Series: China And Globalization
Edition: 1
Publisher: Springer
Year: 2022
Language: English
Commentary: TruePDF
Pages: 216
Tags: Globalization; Public Policy; International Relations; Foreign Policy
Preface: A World in Flux
Contents
About the Author
1 Introduction: The Journey of Reform and Opening-Up
Part I Vectors of China’s Globalization
2 China’s Evolving Role in Trade and Investment
Foreign Investment Law Will Lift Opening-Up to a New Level
Rising FDI Reflects China’s Openness and Improved Business Environment
China Rises from “Special Economic Zones” to an Anchor of the Global Economy
CIIE Marks a New Economic Era
A Trinity of Growth Drivers for the Post-pandemic Era
How Creating a Better Business Environment Can Boost Foreign Investment in China
From Moderate Prosperity to a Modern Society
‘Consultative Democracy’ a Key Part of China’s Approach to Democracy
The Effectiveness of Chinese Democracy: Meritocracy, Market Democracy and Technocracy
3 The Rise of Chinese Multinationals
Partnering for Success
Smarten Up and Take the Lead
4 Education, Talent, and Cultural Ties
Gaokao Resumption Was the Start of a New Era
Chinese Universities Need to Attract More Foreign Students, but Not by Treating Them Differently
How to Encourage the Flow of Hong Kong’s Youth, Talent and Innovation Across the Greater Bay Area
China Is Running the World’s Largest Tourism Deficit. How Can It Plug the Gap?
Building a Global Talent Hub for China’s Future Development
Part II China’s Rise in a Multipolar World
5 Reflections on the Changing International Order
We Should Focus on Real Threats, Not Illusory Ones
Beyond ‘Westlessness’: Building a More Inclusive Order for the New Decade
How COVID-19 Will Reinforce Trends Shaping the International Order
6 Chinese Diplomacy in a Changing World
Challenging Times, Creative Efforts—Highlights of Chinese Diplomacy in 2018
Building a Shared Future for All—Highlights of Chinese Diplomacy in 2019
Highlights of China’s Diplomacy for the Post-pandemic World
Creating a New Chinese Narrative in the Global Arena
7 China-US Relations in Flux
China-US Relations at 40: Different Dreams, Shared Future
Instead of US-China Decoupling, the New Decade Should Bring Acceptance of Different Development Models
US and China Should Seek a Truce in Tech Cold War
How Biden Could Improve US-China Relations
Sino-US Competition Need not Entail Conflict
‘Climate Superpowers?’ Why the Cold War is the Wrong Analogy for Our Heating Planet
8 China’s Role in a Rising, More Integrated Asia
Dawn of the Asian Century
New Chapter in China–Japan Relations Can Drive Asian Integration
Can China and India Overcome Their Himalayan Differences to Benefit Asia?
India, China Must Look to the Future
From the Syrian Civil War to Yemen to Energy, China Has a Larger Role to Play in the Middle East
The Two Sides of Asia: China’s Economic Priorities Versus the US’ Focus on Security
9 China-EU Relations
Transcending “Us Versus Them”: China-EU Relations in a Changing Era
China and EU Can Boost Cooperation on Digital Economy
China, a Land of Opportunity for EU Firms Willing to Adapt
EU Deal is a Milestone for China’s Globalization that Can Help Build a New World Economic Order
Germany as a Mediating Power
Looking Back at and Beyond the Merkel Era
Part III Reinvigorating Multilateralism
10 Global Challenges and Joint Solutions
China Can Be the Unifier the World Needs to Tackle Environmental Crisis
No Country Is an Island in the Climate Crisis
Embracing the Green Spirit
Cooperation Is the Core of Humanity’s Immune System
COVID-19 Is a Call for a Resilient Globalization
11 Finding a Way Forward for Free Trade
From Confrontation to Cooperation: How to Manage the Next Era of Globalization
Why China Should Lead the Mission to Save the Ailing WTO and Revive Multilateralism
The WTO Can Be an Institutional Catalyst for Post-pandemic Recovery
How China’s Economic Heft Can Reshape the WTO and Global Trade for the Better
A Transpacific Window of Opportunity
China Should Seize the Day and Join the CPTPP to Promote a More Integrated Trading Order in Asia
China Should Join the Trade Deal the US Abandoned
RCEP’s Synergy with China’s Economic Strategy Bodes Well for Asia–Pacific
12 Evolution of the Belt and Road
Spurring Global Cooperation and Development Through the Belt and Road
AIIB Can Be a Key Benchmark for the BRI
Redefining the BRI as a Global Growth Project
How the China-Led AIIB Can Expand Its Remit to Build a Greener, More Inclusive Post-pandemic World
Build Back Better Versus Belt and Road: To Improve Infrastructure, Competition Must Yield to Cooperation
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