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Chinese Capitalism and the Maritime Silk Road: A World-Systems Perspective

Xin Zhang
- 26 Feb 2017 - 
- Vol. 22, Iss: 2, pp 310-331
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TLDR
As China tries to catch up from a semi-peripheral status in the hierarchy of a capitalist world system, three decades of fast economic growth have recently shown serious signs of capital glut, over...
Abstract
As China tries to catch up from a semi-peripheral status in the hierarchy of a capitalist world-system, three decades of fast economic growth have recently shown serious signs of capital glut, over...

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Citations
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The geopolitics of connectivity, cooperation, and hegemonic competition: The Belt and Road Initiative

TL;DR: In this article, the authors argue that the economic and political processes and goals of the BRI are inseparable, and they build upon the strategic coupling and Global Production Networks literature to show that the territorial arrangements of GPNs have local, regional, and global implications.
Journal ArticleDOI

Theorizing China-world integration: sociospatial reconfigurations and the modern silk roads

TL;DR: In this paper, the authors develop a spatial perspective to examine the nature of China's transnational influence, focusing on the implications of the Belt and Road Initiative (BRI) for international relations.
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Investment risk and natural resource potential in "Belt & Road Initiative" countries: A multi-criteria decision-making approach.

TL;DR: The findings indicate that the majority of countries in Central and Eastern Europe and other BRI countries such as Singapore, Malaysia, Nepal, Bhutan, Russia, Armenia, and the United Arab Emirates were the most suitable choices for Chinese enterprises engaging in overseas investment.
References
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Journal ArticleDOI

The long twentieth century: money, power, and the origins of our times

TL;DR: Arrighi argues that the history of capitalism has unfolded as a succession of "long centuries" - ages during which a hegemonic power deploying a novel combination of economic and political networks secured control over an expanding world-economic space as mentioned in this paper.
Book

The China Miracle: Development Strategy and Economic Reform

TL;DR: Using a historical, comparative and analytic approach grounded in mainstream economics, this paper developed a consistent and rational framework of state-owned enterprises and individual agents to analyze the internal logic of the traditional Chinese planning system.
Journal ArticleDOI

The origins and development of the Northeast Asian political economy: industrial sectors, product cycles, and political consequences

TL;DR: Theories of the product cycle, hegemony, and the world system are used to analyze the creation and development of the Northeast Asian political economy in this century as mentioned in this paper, where Japan, South Korea, and Taiwan have each developed in a particular relationship with the others; the three taken together form a hierarchical, constantly interacting political-economic unit.
Journal ArticleDOI

World-Systems Analysis

TL;DR: In World-Systems Analysis as mentioned in this paper, Immanuel Wallerstein provides a concise and accessible introduction to the comprehensive approach that he pioneered thirty years ago to understand the history and development of the modern world.
Journal ArticleDOI

The Gathering Storm: China’s Challenge to US Power in Asia

TL;DR: The United States has been the most powerful state on the planet for many decades and has deployed robust military forces in the Asia-Pacific region since the early years of the Second World War as discussed by the authors.
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