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State Capitalism and Foreign Policy - Coggle Diagram
State Capitalism and Foreign Policy
Domestic state capitalism
State-led development
Unsuccessful initiatives
Infrastructure
Urban development
Rapid systemic changes
Socioeconomic relations within China
International state capitalism
Economic motivations
Overcapacity
Reception abroad
Economic threat
Market distortion and unfair competition
Balancing economic opportunities with geopolitical considerations
Security concerns, backlash against China
Suspicion of Chinese firms
Seen as arms of the CCP
Restrictions and monitoring
Restrictions of investment in both directions
Party-state capitalism
Blurred lines between government, party, and private sector
Construction
Huge SOEs are supported by state capital and policy
Champions development and geopolitical strategy - important actors in the BRI
Soft power
Soft power gone wrong
Wolf warriors
Chinese depiction of global engagement
Defending globalization
Shared future, peaceful rise
Human community of fate (人类命运共同体, rén lèi mìng yùn gòng tóng tǐ)
Attempts to make China "lovable"
Responds to the China threat narrative
Sees itself as lagging after the West in soft power and media influence
Confucius Institutes
Popular in the Global South
Critized in West for propaganda, self-censoring, and poor teaching quality