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Economic Statecraft of China after Xi Jinping Regime: Competition, Engagement and Coercion

  • The Journal of Northeast Asia Research
  • Abbr : NEA
  • 2019, 34(1), pp.153-181
  • DOI : 10.18013/jnar.2019.34.1.006
  • Publisher : The Institute for Northeast Asia Research
  • Research Area : Social Science > Political Science > International Politics > International Relations / Cooperation
  • Received : June 14, 2019
  • Accepted : August 5, 2019
  • Published : August 31, 2019

Dae-yeob Yoon 1

1대전대학교

Accredited

ABSTRACT

This study analyzes the changes of China's economic statecraft after Xi Jinping regime and examines the implications for regional security order. Xi Jinping regime has responded aggressively to neighboring disputes, which are linked to core national interests. Given the practical constraints of using military force, the economic statecraft will become a means for China to reestablish its position and role in the region. China's economic statecraft after the Xi Jinping regime can be summarized into three characteristics: competition, engagement and coercion. First, China’s development strategies has been transferred from open and comparative advantage after 1978 to state-led innovation and competitive advantage strategies. Second, trade-focused economic diplomacy has been transformed into proactive engagement and regional strategy. Third, the asymmetric interdependence structure is used as a means of coercive diplomacy.

Citation status

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This paper was written with support from the National Research Foundation of Korea.