Asia’s Middle Powers and New Economic Statecraft

As the articles in this cover package of Global Asia illustrate, the rivalry between China and the United States, particularly in the hightech sector, represents a heightened deployment of economic statecraft that leaves other countries in the region little choice but to fash ion their own strategies in response. Asian states demonstrate substantial differences in how pro active and reactive they are in their new economic statecraft — “new” in that it focuses on state intervention to influence trade, investment and industrial policy rather than on policies related to economic sanctions.

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