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11. Decoding China’s “Common Prosperity” Drive

Author:
Xin Sun
Publication Date:
04-2022
Content Type:
Working Paper
Institution:
LSE IDEAS
Abstract:
The term “common prosperity” has quickly risen to prominence in Chinese domestic politics amid an intense regulatory crackdown on China’s leading tech companies. However, this new policy agenda offers no clear road map or explicit policy instructions, giving way to various interpretations which while insightful do not depict the complete picture. In this strategic update, Xin Sun argues that the fundamental purpose of common prosperity is to support a new political order that keeps significant power in the hands of Xi and his closest allies and bolsters the supreme leader’s political survival in the coming decades.
Topic:
Regulation, Business, Domestic Policy, and Prosperity
Political Geography:
China and Asia

12. Protect, Constrain, Contest: Approaches for coordinated transatlantic economic and technological competition with China

Author:
François Chimits, Ashley T. Lenihan, Jonathan Liebenau, Stephen Paduano, Anthony Vinci, and Peter Watkins
Publication Date:
01-2021
Content Type:
Special Report
Institution:
LSE IDEAS
Abstract:
The Biden Presidency offers opportunities for a renewed effort at formulating a coordinated allied approach to technological and economic competition with China. The latest report from China Foresight at LSE IDEAS provides a guiding framework for transatlantic coordination, and offers insights into key elements of future cooperation. While challenges abound, the opportunities for action prove just as great in number.
Topic:
Economics, Science and Technology, Transatlantic Relations, and Strategic Competition
Political Geography:
China, Asia, and United States of America

13. Hedging by Default: The Limits of EU “Strategic Autonomy” in a Binary World Order

Author:
Richard Higgott and Simon Reich
Publication Date:
02-2021
Content Type:
Special Report
Institution:
LSE IDEAS
Abstract:
For some time, international relations has trended in the direction of an American and Chinese dominated binary world order. While the Trump administration has been an accelerator not a cause of this trend between 2016 and 2020, not coincidentally the post 2016 era has also seen key EU figures move to develop a strategy of greater "strategic autonomy". This interest in strategic autonomy was, in no small part, a reflection of growing European distrust in the reliability of both China and, increasingly, the USA. The paper shows, in contrast to the Cold War era during which the EU was unambiguously aligned, how the EU now appears to have embarked on a hedging strategy, albeit implemented more by default than design. In its desire to defend its core interests the EU appears to lean to one side or the other on an issue by issue basis in at least seven key policy domains identified in the paper. This approach is seen to be the outcome of its dual desire to articulate the values of its much touted “Geopolitical Commission" at the same time as it tries to continue its traditional institutional commitment to multilateralism. The paper concludes that the ambiguity present in this endeavour to straddle the realist-liberal fence only serves to expose the limitations of the strategy.
Topic:
International Relations, European Union, Geopolitics, and Strategic Autonomy
Political Geography:
China, Europe, Asia, and United States of America

14. Coordination Failure: Risks of US-China competition in space

Author:
Gidon Gautel
Publication Date:
04-2021
Content Type:
Working Paper
Institution:
LSE IDEAS
Abstract:
The 2020s will see a flurry of space activity, with both national and commercial programs picking up pace. Both the United States and China hold strong ambitions in telecommunications, lunar exploration, and beyond. However, currently fraught relations between the superpowers are unlikely to improve and may yet deteriorate further. On the one hand, competition between both countries may drive space activities and foster technological innovation. On the other, as both superpowers expand their activities in space, geopolitical tensions may increase the risk of harmful dynamics that could endanger the sustainable rollout of future programs. In this Strategic Update, Gidon Gautel seeks to outline and call attention to two high-risk flash points arising from the development of the US and China’s national space programmes and industries.
Topic:
Geopolitics, Space, Innovation, and Strategic Competition
Political Geography:
China, Asia, North America, and United States of America

15. Twitter and Digital Diplomacy: China and COVID-19

Author:
Chris Alden and Kenddrick Chan
Publication Date:
06-2021
Content Type:
Working Paper
Institution:
LSE IDEAS
Abstract:
This Strategic Update explores how official Chinese foreign policy entities have used Twitter as a public diplomacy platform during the outbreak of the COVID-19 pandemic, the nature of their Twitter activity, and what this means for Chinese Twitter Diplomacy in the future.
Topic:
Diplomacy, Social Media, COVID-19, Twitter, and Digital Policy
Political Geography:
China and Asia

16. The Dragon Lands in Belgrade: The Drivers of Sino-Serbian Partnership

Author:
Vuk Vuksanovic
Publication Date:
07-2021
Content Type:
Special Report
Institution:
LSE IDEAS
Abstract:
In recent years, the partnership between Serbia and China has been elevated to a historically unprecedented level. This partnership manifests itself through Chinese economic statecraft, technological partnership, security partnership, with political ties reaching an unprecedented degree during the COVID-19 pandemic. However, as Vuk Vuksanovic examines, the future of this partnership will be dependent on the trajectory of China’s relationship with the West. As US-China relations are becoming adversarial, and as China’s relations with the EU are shaken, it will become increasingly difficult and risky for Belgrade to maintain its ties with Beijing. From ‘vaccine diplomacy’ to ‘debt-trap diplomacy’, this Strategic Update examines the Sino-Serbian partnership we are witnessing and what the future has in store for Serbian policymakers.
Topic:
Security, Foreign Policy, Economics, Partnerships, and COVID-19
Political Geography:
China, Asia, and Serbia

17. How Can America Challenge China's Political Ambitions in an Age of Deglobalisation?

Author:
Dimitri Zabelin
Publication Date:
09-2021
Content Type:
Working Paper
Institution:
LSE IDEAS
Abstract:
COVID-19 has accelerated the trend of deglobalisation and further entrenched China into the growing political and economic fort of Asia. This has made the US less effective at implementing policies aimed at curbing Beijing’s political ambitions and strength in the region. Washington must therefore make itself indispensable in Asia and employ strategies for bringing China into a global network that can collectively reign in the Asian giant’s growing influence.
Topic:
Economics, Politics, Strategic Competition, and COVID-19
Political Geography:
China, Asia, North America, and United States of America

18. China in One Country: interdependence or globalisation 'with Chinese characteristics'?

Author:
George Magnus
Publication Date:
07-2020
Content Type:
Working Paper
Institution:
LSE IDEAS
Abstract:
Globalisation has faltered, and faces significant political challenges. In both the US and China, voices are calling for a reduction of economic interdependence between the two countries. In the US, this has taken the name of decoupling, in China, self-reliance. At the same time, China’s President, Xi Jinping has vocally championed globalisation in various global fora in recent years. Understanding of China’s systems of government and business, as well as its global interests, is lacking when compared to that of the US. In this Strategic Update, George Magnus investigates what is meant when China’s leadership speaks of globalisation, and what the implications of the answer are for the rest of the world.
Topic:
Foreign Policy, Economics, Globalization, and Leadership
Political Geography:
China, Asia, and United States of America

19. Economic Diplomacy in the 21st Century: Principles and Challenges

Author:
Linda Yueh
Publication Date:
08-2020
Content Type:
Working Paper
Institution:
LSE IDEAS
Abstract:
Economic diplomacy in the 21st century will face a different set of challenges stemming from the changed global economy, US-China tensions, as well as a backlash against globalisation, among others. Therefore, the conduct of economic diplomacy, i.e., how a country manages its foreign economic relations including trade and investment, must adapt. The framework for economic diplomacy should seek to balance commercial openness with strategic foreign policy aims, broadly defined. It should situate a country within the 21st century global economy with its new drivers, promote a rules-based system in order to mitigate Great Power tensions, and recognise that all foreign economic policy is ultimately also domestic. There is no one general approach but there are several principles, each with their own challenges, for governments to consider, which is set out in this Strategic Update.
Topic:
Foreign Policy, Investment, Trade, and Economic Diplomacy
Political Geography:
China, Asia, North America, and United States of America

20. Axis of Convenience? Israel and China in a multipolar world

Author:
Vuk Vuksanovic
Publication Date:
02-2020
Content Type:
Working Paper
Institution:
LSE IDEAS
Abstract:
Despite being one of the most important allies of the United States in the Middle East, Israel has been building a new partnership with China since 2013. The repositioning is motivated by changes in the country’s strategic environment, its crisis in the relationship with the United States during the Obama years, and its economic and infrastructural needs. However, Israel is still deeply anchored in its alliance with the United States, which will impose limitations on how far its partnership with China can grow. For now, nevertheless, this relationship attests to the new geopolitical reality of the 21st century in which even the most ardent US allies, such as Israel, must hedge their bets and diversify their partnerships by engaging China.
Topic:
Partnerships, Alliance, Strategic Competition, and Multipolarity
Political Geography:
China, Middle East, Israel, Asia, and United States of America