The Birdcage: How China is establishing its hegmony using bad debts
Keywords
Loading...
Authors
Issue Date
2020-06-28
Language
en
Document type
Journal Title
Journal ISSN
Volume Title
Publisher
Title
ISSN
Volume
Issue
Startpage
Endpage
DOI
Abstract
Abstract I n 2016 China offered Venezuela a loans moratorium for two years in add it i o n to
new credits in
oridf o i ncrease its oil production capacity. On the other hand, in 2017, China moved
ahead and seized
t he Hambantota port in Sri Lanka, after the country signalled its i na bili t y t o pay back
Ch i na' s loans. A move that sparked a wide range critici sm of China's actions, accusing it of
debt trapping emerging countries for geopoli t ic a l gains. This t hes is seeks to explain th
is variated behaviour from the part of China by arguing t ha t in both cases, China's
material i nte rests, its global power -see ki ng, and counterbalancing against the hegemon
and its status quo collaborators and not the common norms and values it shares wit
h the debtor's countries played t he more critica! factor in China's decision on how
to deal with debtors in distress. The thes is demonstrated that a so cia l constructivism
approach is not sufficient to expl ai n China's behaviour, whereas a realism approach is better
equipped to understand China's behaviour better.
Description
Citation
Supervisor
Faculty
Faculteit der Managementwetenschappen