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Conclusions

In: China's International Projection in the Xi Jinping Era

Author

Listed:
  • Lorenzo Bencivelli

    (Bank of Italy)

  • Flavia Tonelli

    (Bank of Italy)

Abstract

This section draws the conclusion. Understanding the nature and motivation of the Chinese ascent in the global arena in a geopolitical context that is no longer bipolar but profoundly interconnected and globalized is essential in order to engage with this phenomenon on the basis of a cooperative and non-confrontational approach. While some Chinese initiatives can result in a massive distortion of competitive mechanisms, produce overinvestment, divert supply chains, and undermine the protection of intellectual property rights, one cannot underestimate China’s contribution to eradicating poverty or its efforts to promote technological innovation and sound development. A proper acknowledgment of this contribution can lay the foundation for a new form of engagement with China.

Suggested Citation

  • Lorenzo Bencivelli & Flavia Tonelli, 2020. "Conclusions," SpringerBriefs in Economics, in: China's International Projection in the Xi Jinping Era, chapter 0, pages 99-100, Springer.
    • Handle: RePEc:spr:spbchp:978-3-030-54212-2_11
    DOI: 10.1007/978-3-030-54212-2_11
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