IDEAS home Printed from https://ideas.repec.org/a/bpj/evoice/v20y2023i2p285-291n14.html
   My bibliography  Save this article

China’s Central Role in the Globalization and Slowbalization Trends

Author

Listed:
  • Herrero Alicia Garcia

    (Chief Economist for Asia-Pacific at NATIXIS, Paris, France)

Abstract

China has played a central role in the previous phase of hiper-globalization but also in the ongoing phase of slowbalization, characterized by the decreasing size of global value chains which started after the global financial crisis in 2008. More recently, US-China strategic competition is contributing to the slowbalization process, especially in the technology space. Against such backdrop, China is reducing its dependence on the outside world, betting on technological self-reliance and working hard to build its own ecosystem. However, such trend does not mean isolation; on the contrary, China actively shapes its unique form of globalization by creating its own neighbourhood or area of economic influence. A prominent example of this effort is the Belt and Road Initiative (BRI), which aims at increasing China’s soft – and possibly hard – power with a hub and spoke approach.

Suggested Citation

  • Herrero Alicia Garcia, 2023. "China’s Central Role in the Globalization and Slowbalization Trends," The Economists' Voice, De Gruyter, vol. 20(2), pages 285-291, December.
    • Handle: RePEc:bpj:evoice:v:20:y:2023:i:2:p:285-291:n:14
    DOI: 10.1515/ev-2023-0054
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/ev-2023-0054
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.
    File URL: https://libkey.io/10.1515/ev-2023-0054?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    China; globalization; slowbalization;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:evoice:v:20:y:2023:i:2:p:285-291:n:14. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.