Publisher's Synopsis
China's economic growth has been accompanied by a rise in its regional and global ambitions. It has sought to fulfill these ambitions in various ways, including through the promotion of new initiatives and institutions. The large number of new institutions and initiatives that China, in recent years, has chosen to promote or be actively involved in suggests that its grand strategy may have changed. Some of these initiatives may accomplish multiple outcomes. For example, in addition to providing development finance to developing countries, the trillion-dollar Belt and Road Initiative's corridors integrate China's economy more closely with those of developing countries. Through the land corridors, China could transport its goods to Asia and Europe if maritime routes, which are currently the main routes for transport, are blockaded in a war. China's regional and global ambitions now encompass the attainment of technological, diplomatic, cu
