A (Long) Tale of Two Leaders: Charting the Spatial and Sectoral Roles of the West and China in Shaping Past, Present and Future Economic Globalization(s)
New Global Studies
; 0(0), 2022.
Article
in English
| Web of Science | ID: covidwho-2070804
ABSTRACT
Globalization has run into two intersected momentous shifts over the past decade. One is an accelerating retreat in the Western-led economic globalization. The other is the continued surge of China as a leader of alternative economic globalization, via the Belt and Road Initiative. These two powerful trends are complicated by COVID-19 and the Ukraine war with their disruptions of global geopolitics, plus a potential technological decoupling between China and the United States as great-power rivals. This unprecedented combination of challenges and crises occasions a fresh analysis of the roles of the West versus China in shaping economic globalization past and present. Against the state-centric approach to globalization, I develop a historically-informed framework to couple spatial and sectoral analyses of the trajectories of economic globalization shaped by the West and China. I first examine the cross-regional dimensions of economic globalization across Eurasia featuring China's primary role in driving the China-Europe Freight Train. I then explore China's exceptional strength in delivering overseas infrastructure projects, as embodied by the China-Laos Railway, relative to the West's sectoral advantages bearing on economic globalization. Lastly, I summarily discuss the past and present roles of the West versus China in producing new divergence in future economic globalization.
Full text:
Available
Collection:
Databases of international organizations
Database:
Web of Science
Language:
English
Journal:
New Global Studies
Year:
2022
Document Type:
Article
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