Swallowing the Poison Frog: Implications of Sino-American Economic Statecraft
Abstract
China's economic rise challenges America's decades-long global preeminence with a rival conceptualization of economic ends, ways, and means. This study seeks to increase the contextual knowledge of the U.S.-Sino economic-security relationship. Based on a dataset of 193 countries between 2000 and 2018, this study econometrically evaluates the effects and determinants of 21st century Chinese economic statecraft, particularly bilateral debt financing. It finds that a ten percentage point increase in a state's Chinese debt stocks is associated with a two vote increase in a state's voting alignment with China in the UN General Assembly. This study then isolates state characteristics that predispose a country to Chinese economic influence, finding that the effect of Chinese economic statecraft is highly contingent to bilateral economic resiliencies and vulnerabilities. As a result, it proposes a bifurcated policy paradigm of selective economic denial and steady economic punishment to capitalize on the enduring but highly contextual impact of Chinese economic influence.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 10, 2022
- Accession Number
- AD1210836
Entities
People
- Ryan J. Orsini
Organizations
- United States Army Command and General Staff College