CHIGLOBALIZATION Characteristics and differences from American globalization
Characteristics of China-led globalization CHINA IS A WORLD FACTORY CHINA IS AN INVESTOR CULTURAL CHINA IS A GLOBAL LEADER
Definition Chiglobalization is “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
• • • Some facts Consumer goods exported to all over the world. 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 has directly invested more than $150 billion around the world, second only to the United States. China has surpassed the US in economics by 15 percent, science and technology by 31 percent, and comprehensive national power by 36 percent China is on the path towards global leadership with infrastructure initiatives like One Belt, One Road.
Differences from American globalization China America China is relying on the comprehensive strategies of communication and economic development America strives for military ascendance China concentrated on the groupism, harmony and multilateralism America promotes individualistic values China constructs zones of economic cooperation and centers of cultural exchange America focuses more on the domestic affairs
Plans 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.
Globalization has no endpoint
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