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China's Challenge to US Supremacy - Economic Superpower versus Rising Star (Hardcover, 1st ed. 2016)
Loot Price: R3,873
Discovery Miles 38 730
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China's Challenge to US Supremacy - Economic Superpower versus Rising Star (Hardcover, 1st ed. 2016)
Series: International Political Economy Series
Expected to ship within 10 - 15 working days
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This book analyzes China's development in the wider context of the
global trade, investment, security, knowledge and production
regimes established by the United States. It argues that, although
China has thus far been able to enjoy rapid growth within this
global architecture, it will have to deal with a more challenging
external environment as other states react to its rise. More
specifically, it is facing growing pressure to realign its
currency, a greater number of trade investment and intellectual
property disputes, a more hostile security environment, and
exclusionary regional trans-Pacific and trans-Atlantic trade
agreements. It is also being confronted by an array of internal
issues, from an ageing population and weaknesses in the high tech
sector, to over-reliance on foreign companies for exports,
non-performing loans and a burgeoning state debt. This, in turn,
has led an increasing number of firms to relocate to other
countries. For the time being, the author concludes, China's global
ambitions and challenge to US supremacy will have to be scaled
back. This insightful work will appeal to students and scholars of
China's politics, economy and development.
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