Description
Book SynopsisIn Chinese Economic Statecraft, William J. Norris introduces an innovative theory that pinpoints how states employ economic tools of national power to pursue their strategic objectives. Norris shows what Chinese economic statecraft is, how it works, and why it is more or less effective. Norris provides an accessible tool kit to help us better understand important economic developments in the People's Republic of China. He links domestic Chinese political economy with the international ramifications of China's economic power as a tool for realizing China's strategic foreign policy interests. He presents a novel approach to studying economic statecraft that calls attention to the central challenge of how the state is (or is not) able to control and direct the behavior of economic actors.
Norris identifies key causes of Chinese state control through tightly structured, substate and crossnational comparisons of business-government relations. These cases range across three
Trade Review
An impressive scholarly addition to our study of the contemporary Chinese foreign policy. It should be of great interest to both China Studies scholars as well as anyone interested in foreign policy analysis and international political economy.
* Journal of Chinese Political Science *
Norris’ new book is one of the first to focus on Chinese state-directed economic activities and their political effectiveness.... Norris sets a very ambitious research objective by not only selecting and examining seven extremely different cases, but also trying to build a new analytical framework based on principal-agent theory.
* PERSPECTIVES ON POLITICS *
Table of ContentsPart I ON ECONOMIC STATECRAFT
1. What Is Economic Statecraft?
2. The Challenge of State Control
3. Economics and China's Grand Strategy
Part II SECURING STRATEGIC RAW MATERIALS
4. "Going Out" and China’s Search for Energy Security
5. Rio Tinto and the (In)visible Hand of the State Part III CROSS-STRAIT ECONOMIC STATECRAFT
6. Coercive Leverage across the Taiwan Strait
7. Interest Transformation across the Taiwan Strait Part IV CHINA’S SOVEREIGN WEALTH FUNDS
8. State Administration of Foreign Exchange
9. What Right Looks Like
10. The China Investment Corporation Concluding Implications
