China And The Global Political Economy

This book is a treatise on cultural globalization and the global political economy. By introducing the transnational public domain in the study of China’s Belt and Road Initiative (BRI), the book goes beyond existing theoretical frameworks involving both the ‘clash between civilizations’ and the ‘time-worn division’ of the world into North and South. It advances a new focus on the theoretical and empirical elements that canvass global cultural behaviours and reactionary attitudes to the expanding Chinese economic norms, cultures and values in different national contexts.

This volume examines the prominent role of China in global politics and the relevance of the 'new regionalism' paradigm to China's international outreach. It provides a comprehensive and critical assessment of China's impact on the global politics of regionalization, offers a novel application of analytical models, investigates the aspects of the Chinese practice of regionalization that set it apart, and demonstrates China's transformative potential in international life.

In the past fifty years, the experience of the Chinese economy has continually challenged the assumptions of laissez-faire economics.