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Think tank Europe - Partner Event

China’s Economic Diplomacy

10/11/2009
Organiser : Danish Institute for International Studies (DIIS - Denmark)
 
China’s growing role in the world economy is indisputable. After more than two decades of export-driven economic growth averaging nine per cent a year, China is today the third largest economy in the world, the largest exporter in the world and the largest lender to the U.S. Accordingly, the global order is shifting, and the structure of power and the parameters of action that have characterized the international system over the past half century are being altered. Recent talk of a “G2” reflects this shift and indicates that China is now regarded as a near equal power to the U.S.

As part of its growing influence, China is actively engaging in economic diplomacy through a wide range of means. From its entry into the WTO in 2001 to bilateral trade agreements, foreign aid and investment projects in Africa to cooperation on international financial regulation and climate change. This has brought China to the table of most major policy arenas on the international stage. However, our understanding of China’s economic diplomacy is scarce, and China is often pictured in both media and academia as a unitary actor without internal political disputes and fragmented interests.

Our two speakers at this seminar challenge this notion of China’s economic diplomacy, and present us with a more nuanced view of Chinese foreign policy. First, Assistant Professor Yang Jiang challenges the myth that China is acting as a strategic unitary actor when conducting economic diplomacy. She asks the following questions: To what extent is China’s policymaking towards economic diplomacy monolithic or fragmented and what factors constrain the Chinese state’s room for conducting economic diplomacy? Second, Dr. Yuka Kobayashi discusses China’s attempt to balance its domestic and international interests strategically when conducting economic diplomacy. Departing from a case study on the implementation of China’s commitments to open up key sectors of its economy after the entry into WTO, she shows how turf wars and departmental politics in the Chinese administration pose serious challenges to its economic diplomacy.

More information: speakers, programme, registration
 
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