Chiglobalization. Characteristics and differences from American globalization

1. CHIGLOBALIZATION

Characteristics and differences from American globalization

2.

Characteristics of China-led globalization
CHINA IS A WORLD FACTORY
CHINA IS AN INVESTOR
CULTURAL CHINA
CHINA IS A GLOBAL LEADER

3.

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

4.

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.

5.

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

6.

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.

7. Globalization has no endpoint