Upload
pearson-college-london
View
70
Download
1
Tags:
Embed Size (px)
Citation preview
School of Business
International Business Regions: China
Aspects of the region & the rest of the world
Lecture Week 7
Pearson College London XXXX 2
School of Business
International Business Regions: ChinaAspects of the region & the rest of the world
Learning Outcomes Week 7
China’s re-emergence on the World Stage and the shift in the balance of power
• The Zhongguo 中国 - Back to the Centre?
• The nature of its rise: peaceful or predatory?
• Asian neighbours: ‘friendly giant’
• Africa: win: win policy
• The hunt for global resources
• Policy of Non-Intervention & Soft power
• China & the US – shift in world order?
Pearson College London XXXX 3
School of Business
International Business Regions: ChinaAspects of the region & the rest of the world
Awaking from the ‘wrong’ side of history
“A nation that comprises 1/5th of the world’s population is already in the process of transforming the workings of the global economy and its structure of power. A country that regards itself, for both cultural and racial reasons, as the greatest civilization on earth will, as a great global power, clearly in time require and expect a major reordering of global relationships…for the next 20 years or so, as it continues its modernization, it will remain an essentially status-quo power”
‘When China Rules the World’, Martin Jacques
Pearson College London XXXX 4
School of Business
International Business Regions: ChinaAspects of the region & the rest of the world
A new beginning – China’s century?
“The fact that China is so huge means that it exercises a gravitational pull on every other nation…Size will enable China to set the terms of its relationships with other countries… China’s mass will oblige the rest of the world largely to acquiesce in China’s way of doing things…It is possessed of a 5,000 year history and an extremely long memory…it is blessed with the virtue of patience, confident in the belief that history is on its side.”
‘When China Rules the World’, Martin Jacques
Pearson College London XXXX 5
School of Business
International Business Regions: ChinaAspects of the region & the rest of the world
Geographical Context
• 14 land-connected neighbours of Asia / former Soviet Union• Eastern seaboard• Japan
Pearson College London XXXX 6
School of Business
International Business Regions: ChinaAspects of the region & the rest of the world
Impulse to ‘go out’
China is an ‘internal’ empire bounded by its own well-defined borders. It is a civilisation bent on consolidating and reinforcing its own territorial integrity and dedicated to raising the level of life within it.
No religious impulse drives its outward thrust
China has no intent to colonise or administer any overseas territory.
- Barnaby Powell & Alex Mackinnon
Pearson College London XXXX 7
School of Business
International Business Regions: ChinaAspects of the region & the rest of the world
Most Favoured (Desti)Nation“In 2006 almost half the world’s leaders from 192 countries visited China”
– Mark Leonard, ‘What China thinks’
• Investments or land deals
• Access to markets• Gas or nuclear deals• Environmental
collaboration• Peaceful Co-existence
Pearson College London XXXX 8
School of Business
International Business Regions: ChinaAspects of the region & the rest of the world
Prince William China visit, 01-03 March 2015
http://news.sky.com/story/1436769/prince-william-sells-brand-britain-to-china
Pearson College London XXXX 9
School of Business
International Business Regions: ChinaAspects of the region & the rest of the world
Five Principles of Peaceful Coexistence
1. Mutual respect for sovereignty and territorial integrity
2. Mutual non-aggression
3. Non-interference in each other's internal affairs
4. Equality and mutual benefit
5. Peaceful coexistence
Pearson College London XXXX 10
School of Business
International Business Regions: ChinaAspects of the region & the rest of the world
Energy and food
‘Smart power’ – the hunt for survival
Pearson College London XXXX 11
School of Business
International Business Regions: ChinaAspects of the region & the rest of the world
Near neighbours - Asia
Pearson College London XXXX 12
School of Business
International Business Regions: ChinaAspects of the region & the rest of the world
Taiwan
• Own government since 1949 when KMT forced into exile at founding of People’s Republic of China
• Chinese government sees it as integral part of China
Pearson College London XXXX 13
School of Business
International Business Regions: ChinaAspects of the region & the rest of the world
China’s 2nd continent – win:win politics
Image Source: http://i.bnet.com/blogs/tumblr_lkzz79m3kl1qiuwg7.png
Pearson College London XXXX 14
School of Business
International Business Regions: ChinaAspects of the region & the rest of the world
Pearson College London XXXX 15
School of Business
International Business Regions: ChinaAspects of the region & the rest of the world
A new world order?
US$
Rmb元VALUE OF US imports from China2009: US$296.4bn2011: US$393.3bn2014: US$466.6bn [vs $124bn of exports]