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This book offers a theoretically informed study of recent Chinese initiatives to provide forms of regional economic governance; or as it is often termed in Chinese discourses, regional “public goods”. It does so by considering the evolution of Chinese thinking on international relations and the global order, and by considering how the development of the Asian Infrastructure Investment Bank, the Belt and Road Initiative, and the putative Regional Comprehensive Economic Partnership reflect this change in thinking – and the change in both Chinese objectives and tactics.

Inhaltsverzeichnis

Frontmatter

Chapter 1. China in Regional and Global Governance and “Order Transition” in Asia

Abstract
This chapter will propose a theoretical framework aimed at analysing the evolving role of the People’s Republic of China in the processes of regionalization in Asia drawn from the English School approach to international relations. The rise of a new power in a region entails a process of contestation, adaptation and renegotiation of the main primary institutions of an international (or regional) order. In this case this chapter would consider several of the key primary institution that are subject to a process of renegotiation due to the rise of China in Asia: Great power management; Territoriality as a geographical or spatial definition of the region; Sovereignty; Market.
Matteo Dian, Silvia Menegazzi

Chapter 2. The Origin of China’s Ideational Narratives

Abstract
This chapter presents the ideational pillars shaping China’s legitimation process concerning major initiatives within regional and global governance. It suggests the idea that the origin, the normative content, and the institutional structures of the initiatives and organizations recently established by China at the regional and global level are vigorously influenced with the way the CCP legitimizes its own ideational narratives in global politics. While arguing so, the chapter analyses two major ideational narratives, post-colonial nationalism and neo-Confucianism. The chapter also examines major political frames through which the Xi Jinping administration is building its legitimacy and strategy while reshaping China’s foreign policy: the China Dream, a new type of international relations and a new type of international institutions.
Matteo Dian, Silvia Menegazzi

Chapter 3. The Asian Infrastructure Investment Bank

Abstract
This chapter presents the ideational pillars shaping China’s legitimation process concerning major initiatives within regional and global governance. It suggests the idea that the origin, the normative content, and the institutional structures of the initiatives and organizations recently established by China at the regional and global level are vigorously influenced with the way the CCP legitimizes its own ideational narratives in global politics. While arguing so, the chapter analyses two major ideational narratives, post-colonial nationalism and neo-Confucianism. The chapter also examines major political frames through which the Xi Jinping administration is building its legitimacy and strategy while reshaping China’s foreign policy: the China Dream, a new type of international relations and a new type of international institutions.
Matteo Dian, Silvia Menegazzi

Chapter 4. Belt and Road, State Capitalism and China’s Economic Interests

Abstract
This chapter describes how the BRI contributes to contest several elements of the current regional order in Asia. BRI is the most evident attempt to design a leadership role for China. Moreover, it contributes to the Westword re-orientation of the Chinese foreign policy from the East Asian region to the Eurasian continent. BRI also represents a fundamental step in the process of contestation of the market as regional primary institution, through the advancement of state capitalist practices. Finally, the chapter discusses the relationship between the BRI and the Chinese understanding of the international order. BRI contributes to edify a regional order closer to the Chinese preferences, but it also creates the premises for a Chinese foreign policy in contradiction with the practice of non-interference and respect of sovereignty.
Matteo Dian, Silvia Menegazzi

Chapter 5. The Regional Comprehensive Economic Partnership (RCEP)

Abstract
This chapter locates the Regional Comprehensive Economic Partnership (RCEP) within the wider Chinese blueprint for regional governance in Asia. It highlights how the agreement, especially after the American abandonment of Trans-Pacific Partnership (TPP), become functional to the Chinese image of potential regional leader and key supporter of free trade and economic globalization. The chapter looks at the likely content of the agreement underlying how key provisions of the RCEP will be represent a compromise between the objective of promoting China’s centrality in the region, the need to overcome non-tariff barriers to trade, and the necessity to promote Beijing’s interests and normative orientation. The chapter underlines how the RCEP will particularly protect the Chinese capacity to use State-Owned Enterprises (SOEs) as instrument of economic and political influence.
Matteo Dian, Silvia Menegazzi

Chapter 6. Conclusion

Abstract
This book has described the role of China’s regional initiatives in the process of contestation of key pillars of the regional order in Asia. Contrarily of realist predictions China is not behaving as a revisionist state, destined to subvert the current international order. Beijing is rather promoting a selective contestation of the current regional order, advancing its preferences, its interests and its values. China has developed a narrative based on post-colonial and neo-Confucian elements that has gained a certain traction in the Asia. Ultimately, through Belt and Road Initiative (BRI), Asia Infrastructure and Investment Bank (AIIB) and Regional Comprehensive Economic Partnership (RCEP) has been proposing itself as potential regional leader in the wide Eurasian context. Finally, China’s initiatives appear to be destined to strengthen the pluralist features of the regional order in Asia.
Matteo Dian, Silvia Menegazzi

Backmatter

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