№158: China as an “Engine” of Globalisation: More Words than Deeds
№158: China as an “Engine” of Globalisation: More Words than Deeds
Author(s): Justyna Szczudlik, Damian Wnukowski
Subject(s): Economic policy, International relations/trade, Developing nations
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: China; globalisation
Summary/Abstract: As the U.S. under President Donald Trump leans towards protectionist economic policy, China sees an opportunity to become a driving force of globalisation. It presents itself as having the economic potential and political clout crucial to being its champion. However, China’s still relatively closed market, use of prohibited trade practices, stalled internal economic reforms, social challenges, and political disputes with neighbouring countries make its claim less probable in the years to come. For now, China lacks the credibility to be an engine of globalisation.
Series: PISM Policy Papers
- Page Count: 9
- Publication Year: 2017
- Language: English
- Content File-PDF