Chinas New Global Strategy

Rising as a global power and regarding the existing world order unjust and unreasonable enough to meet the interests of both itself and other emerging powers, China has demanded reform to global governance, and taken new initiatives using its new quotient of wealth and influence to draw countries into its orbit. This comprehensive volume focuses on the two most important of these initiatives: the Belt and Road Initiative (BRI), launched in 2013 to strengthen Chinas connectivity with a large part of the world through infrastructure and economic development; and the Asian Infrastructure Investment Bank (AIIB), created in 2015, which represented Chinas effort in the reconstruction of the international development rules. This book explores how these two initiatives are central to Chinas emerging global strategy. The authors examine Chinas geopolitical and geo-economic motivations and domestic political dynamics in launching these two initiatives. They also investigate the responses from the major foreign partners involved in both initiatives. This book will be of great interest to students, academics and researchers of Chinas emerging global strategy. It comprises articles originally published in the Journal of Contemporary China.