China’s ascent to global prominence has been notable, yet discussions surrounding its methods and implications remain scarce. While some assert that China exports its development blueprint and imposes it on other nations, others argue that Chinese influence operates through collaboration with local entities, adapting to and incorporating traditional practices.
Supported by a substantial grant from the Ford Foundation, Carnegie has initiated an innovative research endeavor focusing on Chinese engagement strategies across seven regions: Africa, Central Asia, Latin America, the Middle East and North Africa, the Pacific, South Asia, and Southeast Asia. Through a combination of research initiatives and strategic gatherings, this project delves into the intricate dynamics of Chinese involvement. Examples include the adaptation of Chinese firms to local labor regulations in Latin America, exploration of traditional Islamic financial instruments by Chinese banks and funds in Southeast Asia and the Middle East, and initiatives by Chinese entities to enhance local workforce skills in Central Asia. Notably, these adaptable strategies, which harmonize with local contexts, often go unnoticed by Western policymakers.
The overarching goal of this project is to broaden discourse and understanding regarding China’s global role while fostering innovative policy suggestions. Such insights aim to empower local stakeholders in effectively harnessing Chinese investments for societal and economic development, offer guidance for Western engagement in developing regions, facilitate knowledge exchange within China’s policy circles, and potentially alleviate tensions in international relations.