China Goes Global

Sven Agten ()

Chapter Chapter 11 in Adventures in the Chinese Economy: 16 Years from the Inside, 2021, pp 195-217 from Springer

Abstract: Abstract China is now an international force to be reckoned with. Its companies have global ambitions and regionally China will increasingly assert its influence. It launched far-reaching initiatives and projects like the One Belt One Road initiative and the RCEP which is the biggest trading bloc in the world. At the same time China is reshaping international institutions, while Chinese technology is also spreading its wings all over the globe. The Chinese yuan from its side is poised to have a bigger international influence also. China is here to stay and is building a network of allies and friends alike. That of course antagonizes the United States as the sole global superpower.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-1167-4_11

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DOI: 10.1007/978-981-16-1167-4_11

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