top of page

China's Mercantilist Approach In The Era Of Globalization: An Analysis Of Trade Practices Of China




Chirayu Sharma, B.A.LL.B., Guru Gobind Singh Indraprastha University

ABSTRACT

The paper makes the argument that China is pursuing Neo-mercantilist policies in order to advance its national interests and international influence. The promotion of nationalism and patriotism, the accumulation of gold and foreign exchange reserves, and the pursuit of a favourable balance of payments through the manipulation of exchange rates, tariffs, export subsidies, and other trade restrictions are all examples of Neo-mercantilist methods used by China. In addition, the Chinese government manages population growth for social control and national development, launches the "Belt and Road" initiative and the Asian Infrastructure Investment Bank to counter Western and American influences, and conducts strategic expansion in nations of Africa and South Asia, China’s economic success through neo- mercantilist tactics may encourage other emerging Asian countries like the Philippines to follow.

Comentarios


Indian Journal of Law and Legal Research

Abbreviation: IJLLR

ISSN: 2582-8878

Website: www.ijllr.com

Accessibility: Open Access

License: Creative Commons 4.0

Submit Manuscript: Click here

Open Access Logo

Licensing:

​All research articles published in The Indian Journal of Law and Legal Research are fully open access. i.e. immediately freely available to read, download and share. Articles are published under the terms of a Creative Commons license which permits use, distribution and reproduction in any medium, provided the original work is properly cited.

Disclaimer:

The opinions expressed in this publication are those of the authors. They do not purport to reflect the opinions or views of the IJLLR or its members. The designations employed in this publication and the presentation of material therein do not imply the expression of any opinion whatsoever on the part of the IJLLR.

bottom of page