Abstract

ABSTRACT Since the launch of the Belt and Road Initiative, many studies have analysed Beijing’s geoeconomic diplomacy. However, analysis has principally focused on the investment and financial aspects, ignoring the strategic dimensions of military technology exports and the means of financing them. This paper seeks to fill this scholarship gap by critically exploring Chinese defence countertrade deals, especially barter and offset, as a component of geoeconomic diplomacy. The findings suggest that while China’s geoeconomic diplomacy reflects traditional Western mercantilist goals, it also displays uniquely Chinese characteristics.

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