The Ebb and Flow of Globalization

Book excerpt: Globalization is an irresistible force. Given the high stakes at hand – for stability, continued growth, and the future of our planet – it is more important than ever that China gain a deeper understanding of the rest of the world, and that the rest of the world also comes to a clearer understanding of China. This book focuses on globalization and China’s evolving role in the world, offering unique perspectives on a remarkable period, which saw the global landscape reshaped by China’s continued rise, intensifying great power competition, and a deadly pandemic. The essays center on three interconnected themes – China’s remarkable development under the Reform and Opening-up policy, China’s deepening integration into the global economy and rise in a multipolar world, and the quest to reinvigorate global governance and multilateralism to address the pressing global challenges of the 21st century. These insights are useful for academics, policymakers, students, and anyone trying to deepen their understanding of China’s development and role in making globalization work for our multipolar world.