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Since the end of the World War II, nation states have formed
regions to give them some protection from the processes of
globalization and internationalization. Against this background,
the contributors consider the position of China in the processes of
regional competitive interdependency. This book offers analysis at
three levels: internal, regional, and global. Chapters consider
China's position in regional post-socialist associations such as
the BRICS, the Shanghai Cooperation Organization (SCO), the
Eurasian Economic Union (EEU), the Silk Road Economic Belt and the
'One Belt, One Road' (OBOR). Contributors discuss how membership in
these regional bodies is likely to enhance China's economic power,
strategic position, and political importance. A major theme
addressed is whether these new powers will become complementary to
the American-led economic core countries or evolve as
countervailing powers. Contributors suggest that linkages favored
by China's regional associations are more 'network' based and
informal in character. They are more in keeping with
regionalization rather than regional blocs such as the European
Union, which have 'locked in' members to market-driven
institutions. Thus, these new developments move away from a
neo-liberal market perspective and satisfy the needs of members to
retain their economic and political sovereignty. This book
considers whether these new regional blocs led by China will
perform a 'transformative' process for the international order or
become an alternative-supplementary to, but not replacing, the
existing institutions of the North. An important topic is the
relationship of Russia and China to the Central Asian countries of
the former USSR and the interaction between the Russia-led Eurasian
Economic Union and the Chinese initiative of the Silk Road Economic
Belt. There is potential for the evolution of an alliance between
China and Russia against the neo-liberal order led by the USA.
Concurrently, they bring out possible the tensions between Russia's
and China's conflicting interests over influence in Central Asia.
Reactions to China's rise include the Trump administration's
movement from a multilateral to a bi-lateral trade policy and the
threat of discriminatory tariffs for China. The contributors seek
to promote a better appreciation of China's role in regional
associations, and the implications of contemporary developments in
economic, geo-political, and international political affairs in the
21st century.
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