China's Chance to Lead: Acquiring Global Influence via Infrastructure Development and Digitalization [Hardcover]

Explains China's growing global influence by considering the interests of both China and countries which receive Chinese investment.Explains how China spreads its global influence via infrastructure development and exports of digital technologies and standards. This book will appeal to policymakers, business leaders, students and scholars of Chinese politics and foreign policy, economic development, international business, international relations, and comparative politics.Explains how China spreads its global influence via infrastructure development and exports of digital technologies and standards. This book will appeal to policymakers, business leaders, students and scholars of Chinese politics and foreign policy, economic development, international business, international relations, and comparative politics.How is China acquiring global influence? Rather than focusing exclusively on China's interests, this book considers a vital but overlooked feature  the interests of recipient countries. Richard W. Carney argues that countries in which political leaders rely more heavily on clientelism coupled with greater control over the corporate sector have a higher demand for Chinese infrastructure spending. Through a combination of statistical analyses and case studies, Carney shows that electoral autocracies (in contrast to closed autocracies, electoral democracies, and liberal democracies) display these features most prominently and are the most avid recipients. This in turn contributes to elevated levels of Chinese digital technologies imports which facilitates the spread of Chinese technical standards, enabling China to create the scale to assert its dominance over the emerging digital economy. Electoral autocracies are the most prevalent type of regime, and are therefore essential partners to China's global ambitions.1. Introduction; 2. Market failures and China's chance to lead; 3. Measuring infrastructure needs and foreign infrastructure investment; 4. Theory: whyló