Is China’s Chequebook Diplomacy Sustainable Long Term?

South China Morning Post (Hong Kong)

23 December 2016

This week marks a climax of China’s chequebook diplomacy as it used its economic clout to achieve breakthroughs in relations with three countries, Norway, Mongolia and the small West African country Sao Tome and Principe.

However, continuing to gain political concessions through expanding outbound investment may not be sustainable, experts warned.

… Li Mingjiang, an associate professor at the S. Rajaratnam School of International Studies in Singapore, said: “China is more prepared to use its economic power for inducement and cooperation purposes.

Categories:

GPO / IDSS / Online

Last updated on 27/12/2016