IDEAS home Printed from https://ideas.repec.org/a/ccs/journl/y2019id407.html
   My bibliography  Save this article

Rise of China and Russian-Chinese Rapprochement

Author

Listed:
  • A. I. Salitsky
  • N. K. Semenova

Abstract

By the mid-2010’s China has continued to impress the world with high economic dynamics, major achievements in social transformation, development of science and technology. The fifth generation of Chinese leaders is determined to offer the country a serious update that signifies, as authors believe, a transition to a new stage of evolution. This stage is characterized by accomplishment of modernization and transition to intensive development, consumer, techno-scientific and ecological revolution. Global economic expansion is an integral part of the new reality.China’s global expansion is of complex nature including credit and overseas investment. Initially it was started by the state after accession to WTO and becomes both more intensive and natural with accomplishment of modernization. At the same time, Beijing stresses the need of self-reliance, particularly in technology. Although in new century China’s expansion to the growing extent was based on economic and market forces including prospering population, by the mid-2010’s it met sharp opposition in the West, notably, the US. That confirmed the notion of emerging new bipolarity in international relations.Moving closer to China, Russia reacted peacefully to Chinese expansion, moreover, a vision of deepening mutual interaction has formed at the political level. This interaction includes multilateral format including countries of Central Asia, interconnection of Eurasian Economic Union with the “Belt and Road†Initiative.

Suggested Citation

  • A. I. Salitsky & N. K. Semenova, 2019. "Rise of China and Russian-Chinese Rapprochement," Outlines of global transformations: politics, economics, law, Center for Crisis Society Studies, vol. 12(1).
  • Handle: RePEc:ccs:journl:y:2019:id:407
    DOI: 10.23932/2542-0240-2019-12-1-117-132
    as

    Download full text from publisher

    File URL: https://www.ogt-journal.com/jour/article/viewFile/407/381
    Download Restriction: no

    File URL: https://libkey.io/10.23932/2542-0240-2019-12-1-117-132?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Patrick Bond, 2016. "BRICS banking and the debate over sub-imperialism," Third World Quarterly, Taylor & Francis Journals, vol. 37(4), pages 611-629, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ilene Grabel, 2019. "Continuity, Discontinuity and Incoherence in the Bretton Woods Order: A Hirschmanian Reading," Development and Change, International Institute of Social Studies, vol. 50(1), pages 46-71, January.
    2. Roberto Lampa, 2022. "Verso la disgregazione del sistema monetario post 1971? I paesi in via di sviluppo e l'impatto delle sanzioni belliche sulla dollar hegemony (Towards the disintegration of post 1971 monetary system? D," Moneta e Credito, Economia civile, vol. 75(298), pages 149-161.
    3. Eric Helleiner, 2019. "Multilateral Development Finance in Non‐Western Thought: From Before Bretton Woods to Beyond," Development and Change, International Institute of Social Studies, vol. 50(1), pages 144-163, January.
    4. Zavyalova, Natalya, 2017. "BRICS money talks: Comparative socio-cultural communicative taxonomy of the New Development Bank," Research in International Business and Finance, Elsevier, vol. 39(PA), pages 248-266.
    5. Светличный А. И., 2018. "Устойчивое Развитие И Новый Банк Развития Брикс: Анализ И Перспективы," Вопросы государственного и муниципального управления // Public administration issues, НИУ ВШЭ, issue 1, pages 68-88.
    6. Alexandr Svetlicinii, 2018. "Sustainable Development and New Development Bank BRICS: Analysis and Perspectives," Public administration issues, Higher School of Economics, issue 1, pages 68-88.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ccs:journl:y:2019:id:407. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Кривопалов Ð Ð»ÐµÐºÑ ÐµÐ¹ Ð Ð»ÐµÐºÑ ÐµÐµÐ²Ð¸Ñ‡ (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.