China in the Global Political Economy: From Developmental to Entrepreneurial

China in the Global Political Economy: From Developmental to Entrepreneurial
ISBN-10
1784714917
ISBN-13
9781784714918
Pages
224
Language
English
Publisher
Edward Elgar Publishing
Author
Gordon C.K. Cheung

Description

Is the US losing its economic authority to China, whose global economic identity is being determined more by entrepreneurial spirit than developmental principle? Through the exercise of soft power and hard currency in some areas of the global economy, China has clear national interest in the protection of intellectual property rights, financial integration and sovereign wealth funds. China’s Belt and Road Initiative and the Asian Infrastructure Investment Bank will set new standard to global economic development.