Contemporary Chinese Political Economy and Strategic Relations: An International Journal (Apr 2016)
Introduction – Political Governance and Strategic Relations: Domestic-Foreign Policy Nexus and China’s Rise in the Global System
Abstract
Recent years have witnessed several momentous developments in the political economy of the People’s Republic of China (PRC) both on the domestic front and in her foreign relations. Deriving correct interpretation of such fast-paced developments and changes has preoccupied much of the circles of China-watchers these days, with political scientists, economists, sociologists and international relations experts focusing their respective attentions on either the domestic transformation occurring within the PRC or on her foreign relations. While the volatile series of incidents involving a year of crackdowns on domestic civil societal movements, civil rights lawyers, labour activists and Hong Kong’s book publishers and distributors were unfolding dramatically, the year also witnessed the continued rise of China’s economic might culminating in the realisation of her initiative for the Asian Infrastructure Investment Bank (AIIB) that started operation on 25th December 2015 and the continued progress of her “One Belt, One Road” (OBOR) proposal after the creation of the State-owned Silk Road Fund on 29th December 2014. Such developments on China’s domestic and global fronts have to be properly placed in the overall context of China’s domestic-foreign policy nexus that has uniquely evolved during her recent decades of continuous, astounding economic tour de force amidst the stagnation of the modernisation and democratisation of her political structure and sociopolitical power configuration, and the rise of her influence in the global system.
