China & the USA

1. Front Matter

   Pages i-xv

   PDF

2. Introduction

   • Vassilis K. Fouskas, Shampa Roy-Mukherjee, Qingan Huang, Ejike Udeogu

   Pages 1-8

3. The Vulnerability of the American Empire-State

   • Vassilis K. Fouskas, Shampa Roy-Mukherjee, Qingan Huang, Ejike Udeogu

   Pages 9-18

4. The Ordoliberal EU

   • Vassilis K. Fouskas, Shampa Roy-Mukherjee, Qingan Huang, Ejike Udeogu

   Pages 19-22

5. The “Power of Constraints” and the Convergence of the Governorates of the Left and the Right in Europe

   • Vassilis K. Fouskas, Shampa Roy-Mukherjee, Qingan Huang, Ejike Udeogu

   Pages 23-34

6. A First Set of Conclusions

   • Vassilis K. Fouskas, Shampa Roy-Mukherjee, Qingan Huang, Ejike Udeogu

   Pages 35-37

7. How China Rose to Prominence

   • Vassilis K. Fouskas, Shampa Roy-Mukherjee, Qingan Huang, Ejike Udeogu

   Pages 39-47

8. Data and Analysis of Chinese Ascendancy

   • Vassilis K. Fouskas, Shampa Roy-Mukherjee, Qingan Huang, Ejike Udeogu

   Pages 49-58

9. China’s Aggregate Demand Management Since 2008

   • Vassilis K. Fouskas, Shampa Roy-Mukherjee, Qingan Huang, Ejike Udeogu

   Pages 59-65

10. Neo-liberalism, China and Covid-19

    • Vassilis K. Fouskas, Shampa Roy-Mukherjee, Qingan Huang, Ejike Udeogu

    Pages 67-71

11. Conclusion

    • Vassilis K. Fouskas, Shampa Roy-Mukherjee, Qingan Huang, Ejike Udeogu

    Pages 73-79

12. Back Matter

    Pages 81-94

    PDF

This book examines the political economy of conflict between China, a rising power, and the USA, a declining one. It provides an informed analysis as to why China is the main beneficiary of neo-liberal globalisation, a project launched in the wake of the collapse of the Bretton Woods system in the late 1960s under the aegis of the USA. Why are Huawei and other Chinese high-tech giants targeted by the USA and its allies? What is the role of the state and the Chinese political system in the development of China’s political economy, as well as its globalisation? Does China’s global rise provide a viable and sustainable alternative to neo-liberal globalisation? Since American leaders view increasingly the rise of China as a threat, how likely is an armed conflict between China and the USA? This book answers these questions by using a wealth of empirical material and debating with many theoretical schools of thought, Marxist or otherwise.

• Globalization
• USA
• China
• US Supremacy
• global political economy
• Covid-19

“This is an excellent account of the political economy of China’s rise vis-à-vis the U.S. and Europe. This well-organized, engaging and fluent book departs from others … . The book is effectively structured. … this is a thought-provoking work that creates room for much more discussion. … I recommend this outstanding book, not only to those interested in China but to any keen observer of international affairs.” (Defne Gönenç, Journal of Chinese Political Science, Vol. 26, 2021)

• Centre for the Study of States, Markets & People (STAMP), Royal Docks School of Business & Law, University of East London, London, UK

  Vassilis K. Fouskas, Shampa Roy-Mukherjee, Qingan Huang, Ejike Udeogu

Vassilis K. Fouskas is Professor of international relations and Director of the Centre for the Study of States, Markets & People (STAMP) at the School of Business & Law, University of East London (UEL). He is the Founding Editor of the Journal of Balkan and Near Eastern Studies (Routledge/Taylor & Francis).

Shampa Roy-Mukherjee is Senior Lecturer in Economics, Director of Impact & Innovation at the School of Business & Law, UEL, and a member of the Executive Board of STAMP.

Qingan Huang is Senior Lecturer in Strategic Management at the School of Business & Law at UEL and Professor & Dean of International Business School, Guangdong University of Finance & Economics, China and a member of STAMP.

Ejike Udeogu is Senior Lecturer in Economics and Acting Director of the MBA at the School of Business & Law, UEL, and a member of the Executive Board of STAMP.

Policies and ethics