European University Institute Library

Clash of empires, from "Chimerica" to the "New Cold War", Ho-fung Hung

Label
Clash of empires, from "Chimerica" to the "New Cold War", Ho-fung Hung
Language
eng
Index
index present
Literary Form
non fiction
Main title
Clash of empires
Medium
electronic resource
Nature of contents
dictionaries
Oclc number
1310979793
Responsibility statement
Ho-fung Hung
Series statement
Cambridge elements. Elements in global China, 2632-7341Cambridge Social Sciences eBooks
Sub title
from "Chimerica" to the "New Cold War"
Summary
Many believe the recent deterioration in US-China relations represents a 'New Cold War' rooted in ideological differences. However, such differences did not prevent the two countries from pursuing economic integration and geopolitical cooperation in the 1990s and 2000s. Ho-fung Hung argues that what underlies the change in US-China relations is the changing relationship between US-China corporations. Following China's slowdown after 2010, state-backed Chinese corporations turned increasingly aggressive when they expanded in both domestic and global markets. This was at the expense of US corporations, who then halted their previously intense lobbying for China in Washington. Simultaneously, China's export of industrial overcapacity has provoked geopolitical competition with the United States. The resulting dynamic, Hung argues, resembles interimperial rivalry among the great powers at the turn of the twentieth century.--, Provided by publisher
Content
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