{"id":27474,"date":"2016-07-05T06:00:54","date_gmt":"2016-07-04T20:00:54","guid":{"rendered":"http:\/\/www.aspistrategist.ru\/?p=27474"},"modified":"2016-07-01T12:09:30","modified_gmt":"2016-07-01T02:09:30","slug":"chinas-bad-neighbor-policy-bad-business","status":"publish","type":"post","link":"https:\/\/www.aspistrategist.ru\/chinas-bad-neighbor-policy-bad-business\/","title":{"rendered":"China\u2019s bad-neighbor policy is bad business"},"content":{"rendered":"
<\/p>\n
These are difficult times for China. After decades of double-digit GDP growth, today\u2019s slowdown points to an economic system in trouble. Once hailed as a model of development, the Chinese economy now appears sclerotic and cumbersome. The Chinese public is growing restive and increasingly questioning the system\u2019s ability to deliver on official promises that the country\u2019s economic \u2018miracle\u2019 will continue. Many Chinese fear that the \u2018<\/span>Chinese Dream<\/span><\/a>\u2019 may be just that: a dream.<\/span><\/p>\n China cannot fix its economic problems merely by pulling the right combination of existing policy levers. Rather, it must embark on a broader and deeper process of reform and renewal; and it must be willing to swallow the bitter pill of slower short-term growth in the interest of long-term goals.<\/span><\/p>\n At the same time, an expansive reform effort cannot be advanced by economic decisions alone. China must also come to terms with the gap between how it wants to be perceived and how the world actually perceives it. China should take a lesson from business and recognize that many of its actions and affiliations on the world stage pose serious risks to its reputation\u2014and to its bottom line.<\/span><\/p>\n For example, consider an international observer\u2019s view of developments in the South China Sea. China is plainly<\/span> bullying its southern neighbors<\/span><\/a> by using the menacing term \u2018core interests\u2019 (in pursuit of which a country would resort to the use of force) to have its way in various disputes. But, to hear it from Chinese officials, China is an aggrieved partner in the region. They argue that they have reined in their fishing fleet to avoid incidents with the Vietnamese, only to see Vietnamese fishermen aggressively claim the relinquished waters.<\/span><\/p>\n China obviously has the strength to drive out the Vietnamese, the Filipinos, the Malaysians, the Indonesians, and almost anyone else it chooses to confront. Southeast Asia represents but a fraction of China\u2019s size and wealth. But does this behavior make China stronger in the region? Does a nineteenth-century approach to pursuing economic gain justify ongoing enmity with one\u2019s neighbors? The peoples of Southeast Asia, after all, will be China\u2019s neighbors for the rest of its history; while their knives may be short, their memories surely aren\u2019t.<\/span><\/p>\n