Conclusions

Lorenzo Bencivelli and Flavia Tonelli
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Lorenzo Bencivelli: Bank of Italy
Flavia Tonelli: Bank of Italy

Chapter Chapter 11 in China's International Projection in the Xi Jinping Era, 2020, pp 99-100 from Springer

Abstract: Abstract This section draws the conclusion. Understanding the nature and motivation of the Chinese ascent in the global arena in a geopolitical context that is no longer bipolar but profoundly interconnected and globalized is essential in order to engage with this phenomenon on the basis of a cooperative and non-confrontational approach. While some Chinese initiatives can result in a massive distortion of competitive mechanisms, produce overinvestment, divert supply chains, and undermine the protection of intellectual property rights, one cannot underestimate China’s contribution to eradicating poverty or its efforts to promote technological innovation and sound development. A proper acknowledgment of this contribution can lay the foundation for a new form of engagement with China.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-3-030-54212-2_11

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DOI: 10.1007/978-3-030-54212-2_11

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