Show Less
You do not have access to this content

Understanding China’s New Diplomacy

Silk Roads and Bullet Trains

Gerald Chan

What is China’s high-speed rail diplomacy? What is China’s infrastructure diplomacy? How do they relate to each other and to the country’s Belt and Road Initiative? Can China finance the numerous projects around the world under the initiative? This book assesses the important implications of China’s new diplomacy for the global political economy. It argues that a new developmental path called ‘geo-developmentalism’ is in the making: China plays a leading role in promoting growth and building connections across Eurasia and beyond.
Show Summary Details
You do not have access to this content

Chapter 7: Theorising ‘one belt, one road’

Silk Roads and Bullet Trains

Gerald Chan

Extract

Chapter 7 asks how can we theorise China’s ‘one belt, one road’ initiative? It argues that a new theory emerges from China’s implementation of the initiative, based on the empirical analyses presented in the foregoing chapters. I call this new theory ‘geo-developmentalism’ or, alternatively, ‘neo-functionalism with Chinese characteristics’. I shall explain why I do so. I shall also trace the growth and development of such a theory, which complements as well as challenges the existing model of development championed by the West under the Bretton Woods system. This chapter spells out the core elements that make up this theory, based on evidence found in the launching of various mega infrastructure projects. These elements include: a win-win formula, infrastructure building, connectivity, geo-economics and geopolitics, cooperation, non-interference, new finance, new institutions, a functional approach and a working peace system.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.


Further information

or login to access all content.