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For almost two decades, China has claimed that its expanding
economy benefits Europe, stimulating European growth, exports, and
employment. But the reality is not so clear-cut. Whilst individual
companies may have profited from China's economic rise, unbalanced
trade with China has actually cost Europe over 1.4 trillion euros
in the last ten years as well as undermining its political
influence. China's monumental infrastructural project, the Belt And
Road Initiative or New Silk Road as it has come to be known - is
set to make this situation even worse. The Silk Road Trap is the
first book to expose just how risky this uneven partnership is for
Europe. In it, leading expert on Asian affairs Jonathan Holslag,
argues that Europe must reduce its reliance on China and work on
building a stronger and more sustainable European economic model.
By revealing the political aspirations and economic strategy behind
the new Silk Road, he lays out its implications for specific
European industries, from steel over aircraft to robots. Holslag,
though critical of China, does not, however, make the case for
confrontational, Trumpian protectionism. Instead, he posits that
the new Silk Road need not ensnare Europe; it offers the continent
a unique opportunity to transition from a future "made in China" to
one that is "made in Europe".
For almost two decades, China has claimed that its expanding
economy benefits Europe, stimulating European growth, exports, and
employment. But the reality is not so clear-cut. Whilst individual
companies may have profited from China's economic rise, unbalanced
trade with China has actually cost Europe over 1.4 trillion euros
in the last ten years as well as undermining its political
influence. China's monumental infrastructural project, the Belt And
Road Initiative or New Silk Road as it has come to be known - is
set to make this situation even worse. The Silk Road Trap is the
first book to expose just how risky this uneven partnership is for
Europe. In it, leading expert on Asian affairs Jonathan Holslag,
argues that Europe must reduce its reliance on China and work on
building a stronger and more sustainable European economic model.
By revealing the political aspirations and economic strategy behind
the new Silk Road, he lays out its implications for specific
European industries, from steel over aircraft to robots. Holslag,
though critical of China, does not, however, make the case for
confrontational, Trumpian protectionism. Instead, he posits that
the new Silk Road need not ensnare Europe; it offers the continent
a unique opportunity to transition from a future "made in China" to
one that is "made in Europe".
China?s ambition is to rise peacefully. Avoiding fierce conflicts
with its Asian neighbors is essential to this goal. Jonathan
Holslag makes a brilliant case for the geopolitical dilemma facing
the rising China, and his argument that China will likely enter
into major conflict with Asia is compelling and thoughtful. Both
Chinese experts and decision-makers will find this book
illuminating reading. Asia is set for another great power war. As
China?s influence spreads beyond its territorial borders and its
global aspirations gain momentum, so tensions with its neighbors
are reaching breaking point. In this clear-sighted book, Jonathan
Holslag debunks the myth of China?s peaceful rise, arguing instead
that China?s policy of shrewd intransigence towards other Asian
countries will inevitably result in serious conflict. China?s
ambitions are not malicious. But what China wants ? namely to
maximize its security and prosperity ? will lead to a huge power
imbalance, where China towers above her neighbors, impels them into
unequal partnerships, and is increasingly able to seize disputed
territory. At present, China?s focused and uncompromising pursuit
of its own interests is bearing fruit. Many of China?s neighbors
are still too weak to counter Beijing?s influence, and China has
ably exploited divisions between them to divide and rule. But
several regional powers are now joining forces to stop China. With
the PRC unlikely to back down and nationalism riding high, China?s
coming war with Asia is already in the making.
China?s ambition is to rise peacefully. Avoiding fierce conflicts
with its Asian neighbors is essential to this goal. Jonathan
Holslag makes a brilliant case for the geopolitical dilemma facing
the rising China, and his argument that China will likely enter
into major conflict with Asia is compelling and thoughtful. Both
Chinese experts and decision-makers will find this book
illuminating reading. Asia is set for another great power war. As
China?s influence spreads beyond its territorial borders and its
global aspirations gain momentum, so tensions with its neighbors
are reaching breaking point. In this clear-sighted book, Jonathan
Holslag debunks the myth of China?s peaceful rise, arguing instead
that China?s policy of shrewd intransigence towards other Asian
countries will inevitably result in serious conflict. China?s
ambitions are not malicious. But what China wants ? namely to
maximize its security and prosperity ? will lead to a huge power
imbalance, where China towers above her neighbors, impels them into
unequal partnerships, and is increasingly able to seize disputed
territory. At present, China?s focused and uncompromising pursuit
of its own interests is bearing fruit. Many of China?s neighbors
are still too weak to counter Beijing?s influence, and China has
ably exploited divisions between them to divide and rule. But
several regional powers are now joining forces to stop China. With
the PRC unlikely to back down and nationalism riding high, China?s
coming war with Asia is already in the making.
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