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Chinese Capitalism and Economic Integration in Southeast Asia (Paperback)
Loot Price: R218
Discovery Miles 2 180
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Chinese Capitalism and Economic Integration in Southeast Asia (Paperback)
Series: Trends in Southeast Asia
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Loot Price R218
Discovery Miles 2 180
Expected to ship within 12 - 17 working days
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China's rise exerts a powerful pull on ASEAN economies and
constitutes an impetus for a resinicization of Overseas Chinese in
Southeast Asia. China has become a skilled practitioner of
"commercial diplomacy", and as long as it continues to lead the way
in regional integration, China's state-led capitalism will seek to
integrate itself into the ASEAN Economic Community. This in effect
becomes China's essential strategy of desecuritization for the
region. With increasing trade and investment between China and
ASEAN countries, the ethnic Chinese economic elites have managed to
serve as "connectors and bridges" between the two sides, and
benefited in the process from joint ventures and business
investments. The impact of new Chinese Capitalism on SMEs, however,
has not been equally positive. As China rises, Southeast Asia has
witnessed increased complexity and variations of "hybrid
capitalism", including alliances between state-led capitalism,
transnational entrepreneurs emanating from China's "going out"
policy and ethnic Chinese in Southeast Asia. Three main forms of
Chinese Capitalism in Southeast Asia are neoliberal capitalism,
flexible capitalism and Confucian capitalism. These intermingle
into a range of local varieties under different socio-economic
conditions.
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