As discussed in part one, situating China’s Belt and Road Initiative historically and conjuncturally within the global capitalist system provides an alternative understanding of the BRI as a product of uneven geographical development. Here, part two considers how the BRI can also be [...]
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‘A high-stakes geopolitical game plan to augment and fortify Chinese power.’ – Will Doig, journalist.
‘China’s predatory approach to investment.’ – US National Security Council.
‘Debt-trap diplomacy.’ – US Vice President Mike Pence.
According to the [...]
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The debate about China’s rapidly growing global investment and development financing footprint has focused on deciphering Chinese intentions—whether China aims to revise or maintain the US-led ‘liberal international order’. A manifestation is the controversial ‘debt trap diplomacy’ [...]
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Members of a student reading group in the People’s Republic of China are in detention for reading and discussing
As progressive reading and working groups we of the Marxism Reading Group in the Centre for the Study of Social and Global Justice (CSSGJ) at the University of Nottingham [...]
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The internationalisation of Chinese capital is perhaps the single biggest economic story of the past two decades. The value of China’s overseas investment and construction combined is approaching $1.8 trillion. Africa has not remained behind, claiming its fair share of Chinese investment [...]
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China is generally regarded as the new economic powerhouse in the global political economy. Some even talk of an emerging power, which may in time replace the US as the global economy’s hegemon. And yet, there is a dark underside to this ‘miracle’ in the form of workers’ long hours, low pay [...]
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The recent growth in the scale and different forms of shadow banking and alternative finance mechanisms in China poses many questions of understanding, from its sustainability; different forms of credit growth; to the role of local government financing, and the tensions between financial [...]
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A key ingredient of China’s Post-Mao economic “miracle” is a labour regime entrenched in the export-oriented consumer manufacturing sector and premised on despotic exploitation, institutional discrimination and political exclusion of labour. It is built on the back of massive rural-to-urban [...]
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