The Belt Road and Beyond
State-Mobilized Globalization in China: 1998–2018

This investigation uses state-mobilized globalization as a framework to understand China's capitalism and emergence as a global power.

Min Ye (Author)

9781108790024, Cambridge University Press

Paperback / softback, published 14 November 2024

270 pages, 13 b/w illus. 1 map 15 tables
22.9 x 15.2 x 1.5 cm, 0.442 kg

'Ye's superb work ultimately points us to the fault-line between national and international. National interests that prompted the SMG in the first place may well unintentionally trigger less positive international interests.' Julia C. Strauss, The China Quarterly

From 1998 to 2018, China had three political-economic crises, resulting in bureaucratic paralysis. It was at such junctures that China's leadership launched initiatives, like the Western Development Program, that mobilized state and market actors to expedite globalization and revive economic growth. In The Belt Road and Beyond, Min Ye reevaluates the common tendency to attribute China's Belt and Road to individual leaders' strategic ambitions, using state-mobilized globalization as a comparative framework and investigative tool to understand Chinese capitalism. State-mobilized globalization has helped sustain China's high-growth economy and social-political stability, while also sparking some political backlash. In order to succeed in globalization, the author argues, China's state mobilization must readapt to global circumstances. She sheds light on the tactics China used to spring from a crisis-stricken middle economy to a formidable global power, implicating not only China, but also the world.

Prologue. Encounter the silk road in Urumqi
Part I. The Theory: 1. The mobilization state: belt, road and beyond
2. State-mobilized globalization as policy analysis
Part II. The Strategies: 3. Development of Western China
4. Political economy of China's outbound investment
5. The belt and road
Part III. Subnational Actors: 6. Tale of three cities
7. Typology of Chinese companies
8. Implications: roads and roadblocks in China and beyond.

Subject Areas: Political economy [KCP], Politics & government [JP]