000 01639cam a2200157 4500
100 1 _aSHI Weiyi
700 _aYE Min
245 _aChinese capital goes global:
_bthe belt and road initiative and beyond/
_cWeiyi Shi and Min Ye
260 _c2021
520 _aThe Belt and Road Initiative (BRI), and China's state-led model for economic globalization more generally, have attracted controversy: Are state-led overseas investment and lending driven by strategic motives or market rationale? How have the recipient economies reacted to the influx of Chinese capital? This special issue sheds light on these questions by first outlining the fragmented state system driving the BRI, a system featuring both Beijing's strategic logic at the top and market considerations in policy implementation. The role of the state is unpacked further in China's globalizing coal industry and in the growth of Chinese industry export to BRI countries. Finally, the issue explores the mechanisms behind public backlash and political pushback facing China in Zambia and Australia. As the COVID-19 pandemic continues to shift China's relationship with the world, this special issue contributes to a more nuanced understanding of the modus operandi of Chinese capital going global.
650 _aCHINA
_xSTATE CAPITALISM
_xBRI
_xGO OUT POLICY
_xREPUTATION DEFICIT
_xECONOMIC STATECRAFT
_xDEBT TRAPS
_xDOMESTIC DRIVERS
_xPOLICY PROCESS
773 _aJournal of East Asian Studies :
_gVol 21, Issue 2, July 2021, pp.173-192
598 _aCHINA, ECONOMICS, COVID-19
856 _uhttps://doi.org/10.1017/jea.2021.14
_zClick here for full text
945 _i66799.1001
_rY
_sY
999 _c40922
_d40922