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Why Is The China Model Losing Its Power? - Challenges And Opportunities Of The Second Global Competition (Hardcover)
Loot Price: R2,626
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Why Is The China Model Losing Its Power? - Challenges And Opportunities Of The Second Global Competition (Hardcover)
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History has proved that communism failed at many levels during the
first global competition between the capitalist and socialist camps
during the Cold War. As a result, the socialist camp was dissolved.
China is one of the few communist countries to survive in the
twenty-first century. The Chinese economy was on the verge of
collapse in the 1970s but began to take off in the early 1980s,
guided by the China model. China became the world's second largest
economy in 2010 and has quickly expanded its enormous global market
and political influence. The second global competition between the
capitalist countries and China has started. The second global
competition is in fact between the China model and the Washington
Consensus. Will Western hegemonies end as the result of the second
global competition? Will China be able to rewrite the international
rules? Will the Chinese communist political system collapse during
the competition? What should the West do to the China model? This
book will explore the implications of the China model in the
context of the second global competition and argues that the
downturn of the China model and China's global expansion are the
two sides of the same coin. The China model is losing its power but
not broken. China would be able to become even stronger, if it
could reshape the philosophical foundation of the China model. The
future of Western hegemony will depend on how the West understands
the China model and deals with it. This book addresses these
aspects and more.
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