Now, Globalization With Chinese Characteristics

Since 2009, when author Wenshan Jia coined the term “Chiglobalization,” China has continued to embrace globalization. China's leaders have forged ahead with new connections in ways that outpace the rhetoric and globalization endeavors of Europe, the United Kingdom and the United States. “China’s initial effort to exercise global influence is subsequently solidified by the recent exponential growth of her outbound economic clout,” explains Jia, a professor of communication theory, referring to exports and foreign direct investment combined with grassroots connections through education and business. Cross-border interdependence and mutual influences have inspired terms like “Chimerica” and “Chinafornia.” Concerns over trade imbalances and jobs have prompted Donald Trump’s America First policies, which may hurt US soft-power endeavors and speed Chiglobalization. China’s advances in many areas place the country on a path for global leadership. Rather than pursue military connections with bases around the globe, China’s strategy depends on connections, infrastructure development, modernization for developing nations and a larger role in global governance. China once resisted globalization, but now defies containment. – YaleGlobal

Now, Globalization With Chinese Characteristics

China defies containment and pursues globalization with strategy of connections, infrastructure development and modernization of developing nations
Wenshan Jia
Tuesday, June 6, 2017

Road to China-led globalization: President Xi Jinping addresses the Belt and Road Initiative meeting in Beijing, and enthusiastic students and faculty gather at the Confucius Institute in Venezuela

ORANGE, CALIFORNIA: When I first coined the term “Chiglobalization” in 2009, it was a visionary concept inspired by Niall Ferguson’s concepts of UK-led Anglobalization and US-led Ameriglobalization (2002) along with the successful 2008 Beijing Olympic Games. Eight years later, the concept of China-initiated globalization is materializing, and the definition is more valid and reliable than before.

The concept captures exactly what China’s leadership has been doing since 2013, particularly with President Xi Jinping’s vision of Chinese dream and his One Belt, One Road Initiative. Back then, I defined Chiglobalization as “the increasing global relevance, global presence, global influence, and global leadership of China in generating a fresh global vision for humanity, in creating a new model for economic development, in forging an alternative model of global and domestic governance, in creating a new model for science and technology development, and in creating a truly cosmopolitan culture characterized by multiculturalism, interculturalism and pragmatism” and suggested that it “refers to a process of China-led global search for and a global enlightenment by an alternative mode of life for humanity on the basis of, but above and beyond, the Eurocentric model.” (Jia, 2009). Or the Anglo/American-centric model, for that matter.

Consumer goods exported to all over the world helped deepen China’s global relevance and defined her global presence as a world factory after the country joined the World Trade Organization in 2001. More than 500 Confucius Institutes and 1000 Confucius Classrooms spread out among some 130 countries/regions put “Cultural China” (Tu, 2005) on the world stage engaging in face-to-face dialogue with the world.

China’s initial effort to exercise global influence is subsequently solidified by the recent exponential growth of her outbound economic clout. China is conservatively reported as the world’s second largest economy. With $4 trillion of foreign currency savings and domestic savings of ¥155 trillion, equivalent of more than $22 trillion, China has been feverishly seeking in recent years to buy up properties and invest for corporate mergers and acquisitions around the world.

 

With a total of $1 trillion FDI, China has directly invested more than $150 billion around the world, second only to the US and around 10 percent of the total global FDI amount in 2015 alone. This is coupled with growing numbers of outgoing Chinese tourists who spend $1 trillion on their foreign tours around the world.

Take China’s influence in the US, for example.  While Chimerica was coined to describe the growing economic interdependence between the US and China (Ferguson, 2009),  “Chinafornia” is used to illustrate this roaring dynamism: As an epicenter of the national trend, “Chinafornia is the fluid ecosystem of entrepreneurs, students, investors, immigrants, and ideas bouncing back and forth between the Golden State and the Middle Kingdom” (Sheehan, 2017).

Chinafornia illustrates that Ameriglobalization, like the rest of the world, is feeding into Chiglobalization, mostly at the grassroots level. Donald Trump’s presidential campaign focused on domestic affairs, and his reported handover of leadership in solving the Northeast Asia security to China may be interpreted as a pragmatic gesture to cede the baton of globalization to China. And his abandonment of the Trans-Pacific Partnership, crafted by the Obama administration to contain Chiglobalization, may hurt America’s soft power in the short term, but will probably help accelerate Chiglobalization.

Moreover, discussions between the US and China are reportedly underway for China to invest in President Donald Trump’s $1 trillion plans for infrastructure improvements across the country, likely part of China’s One Belt, One Road Initiative. Confirming Ferguson’s and Sheehan’s observations, Hu Angang, a Beijing-based think-tank scholar, recently released a report, concluding that China has surpassed the US in economics by 15 percent, science and technology by 31 percent, and comprehensive national power by 36 percent. China’s power in national defense, global influence and the cultural industry is narrowing the gap with the US (2017). Yanzhong Huang, a fellow on the Council of Foreign Relations, concludes that China is a superpower, but not yet a global leader (2017). 

 

Perhaps it’s more accurate to say that China is on the path towards global leadership. One Belt, One Road, proposed by Chinese President Xi Jinping in 2013, is a plan to invest $1 trillion as seed money and attract an additional $9 trillion for infrastructure construction around the world, particularly Asia. This can be interpreted as a game-changing exercise of China’s global leadership, riding on a new wave of globalization with an aim of engineering better global governance. Xi expressed such aspirations in keynote addresses at the World Economic Forum in Davos and at Europe’s UN Headquarters in Geneva. 

China has a core strategy. Instead of building military bases around the world like the US, China is relying on comprehensive strategies of communication and connectivity ranging from politics to finance, from infrastructure and trade to culture and religion to construct zones of economic cooperation and centers of cultural exchanges. The Belt & Road Forum for International Cooperation, in Beijing on May 14 and 15, aimed to facilitate the development of a new human culture-a dialogical culture called for by Weiming Tu (2007) and Hans Kung’s concept of global ethic (2004).  Xi and Trump may have ironed out an elite international design to facilitate dialogue and negotiations over US-China relations, the Asia-Pacific and global affairs at the Mar-a-Lago Resort in April, and the Belt & Road Forum might be viewed as more of a mid-level design to establish a global dialogical structure with middle and small powers for co-development and co-security. Such a two-tiered structure is indicative of and facilitates formation of a new global culture – a world community of a shared future.

Based upon the strengths of its predecessors such as the neoliberal world order, Chiglobalization could define and sustain a new wave of globalization and global governance with the Chinese accent in the 21st century as more benign, both more equal and equitable, more open and pluralistic, more peaceful and harmonious than its predecessors. Given China’s core value of groupism, Chiglobalization coincides with multilateralism, a kind of co-globalization, and even  Chiglocalization – encompassing re-modernization and re-globalization in the form of infrastructure improvements for developed countries and brand-new modernization for developing countries.

Globalization has no endpoint and it cannot afford homogeneity, either. Chiglobalization, like its predecessors, is making the phenomenon full, less partial and homogenous, and more diverse. Every nation should have a chance to ride this new wave of globalization.

Western leaders, including former President Barack Obama, and mainstream American media have criticized China for being a free rider in global governance. But now China is taking up the One Belt, One Road, a new global public good to sustain globalization and global governance. The Western world, particularly the United States, should have welcomed this initiative. In the meantime, China learned a lesson from the negative experience of rejecting Anglobalization and Ameriglobalization and the positive experience of embracing them later on.  

References

Jia, Wenshan.  “Chiglobalization?  A Cultural Argument” in Greater China in an Era of Globalization, Sujian Guo and Baogang Guo, Editors.  New York, NY:  Lexington Books, 2009, 17-26.  

Ferguson, Niall N.  “What ‘Chimerica’ Has Wrought?” The American Interest, January 26, 2009.

Ferguson, Niall N.  Empire: The Rise and Demise of the British World Order and the Lessons for Global Power.  New York, NY: Basic Books, 2002.

Huang, Yanzhong.  China: A Superpower, But Not Yet a Global Leader, Small Wars Journal, April 22, 2017. 

Hu, Angang. “The Rise and Fall of Big Powers and China’s Opportunity: An Analysis of China’s National Comprehensive Power,” Journal of Economic Reports, (3), 2017, 14-25.                                                                       

Kung, Hans.  Global Responsibility: In Search of a New World Ethic. Wipf & Stock Pub, 2004

Robertson, Robbie.  The Three Waves of Globalization: A History of a Developing Global Consciousness. Zed Books, 2002.

Sheehan, Matt, “Chinafornia: The Future of US-China Relations, RealClearWorld, May 5, 2017. Retrieved on May 10, 2017

Tu, Weiming. “Cultural China:  The Periphery as the Center, 145-167, 2005.

Tu, Weiming. Towards a dialogical civilization, Soka Gakkai International Quarterly, A Buddhist Forum for Peace, Culture, and Education, 2007.

 

 

Wenshan Jia, PhD, is a professor with the School of Communication, Chapman University and a fellow with the National Academy for Development & Strategy, Renmin University of China. 

Copyright © 2017 YaleGlobal and the MacMillan Center

Comments

From a pure financial perspective, China needed some place to invest its $4 trillion foreign currency savings and $22 trillion domestic savings. Can't just keep buying ZERO real interest rate US treasuries; come into picture the huge financial appetite of poor countries in Asia and Africa. China understands that investment money is not safe in developing countries. Therefore, it is going deep into those countries, mixing politics and investments, to make sure each yuan that goes in comes out multiplied (can't blame China for wanting to replicate what it did internally with authoritarian government and 'yes man' businessmen).

But the side benefit is resulting in Chiglobalization which of course ensures that THE PEOPLE get enamoured by China and accept Beijing as the new Mecca of global power. An article in Dawn, Pakistan's leading newspaper, documents and shows how Pakistan is becoming a China town:

https://www.dawn.com/news/1337366/the-new-china-towns

Some Chinese scholars said to a Japanese news medium anonymously, "No one will remember The Belt and The Road Initiative and AIIB in ten years," and "Massive loans China is lending will have turned into non-performing debts."

One Belt One Road which is a vision just feeds policies for outward investment of China. China don't care the macroeconomic conditions of countries made investment. But Its motivation is rather seeking natural resources and economic zones on the focus. It is not clear what China does; "Go Global" or "Go Game".

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