Abstract

This chapter explores the dialectical processes and international relations (IR) theory of Sino-capitalism. Most of the IR analyses of China’s rise have been viewed from the perspective of the West. The power transition theory and the liberal institutionalist perspective are the dominant approaches in contemporary IR theory. Thus, the complex dynamics that propelled China’s rise had been neglected. The chapter expounds on Sino-capitalism, which is based on the interplay of state-centric coordination and private/local entrepreneurship and initiative. Sino-capitalism, also, reshapes the global economic order and challenges Western economies. Thus, capitalism could thrive and co-exist with varying political arrangements.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call