The political economy of a rising China in Southeast Asia : Malaysia’s response to the belt and road initiative

Disputing research that depicts weak states getting overwhelmed by China’s financial might, this article argues that the political elites in a relatively weak and small state such as Malaysia are adept in engaging with a rising China to advance key projects, furthering their own agenda. In the case...

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Bibliographic Details
Main Authors: Liu, Hong, Lim, Guanie
Other Authors: School of Social Sciences
Language:English
Published: 2018
Subjects:
Online Access:https://hdl.handle.net/10356/82314
http://hdl.handle.net/10220/46634
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Institution: Nanyang Technological University
Language: English
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Summary:Disputing research that depicts weak states getting overwhelmed by China’s financial might, this article argues that the political elites in a relatively weak and small state such as Malaysia are adept in engaging with a rising China to advance key projects, furthering their own agenda. In the case of Malaysia, the eventual outcome of this interaction is dependent on three key conditions: fulfilment of Malaysia’s longstanding pro-ethnic Malay policy, a mutual vision between the state and federal authorities, and advancement of geopolitical interests for both Malaysia and China. The article puts forward a typology illustrating various possible outcomes to examine the interconnections between key players at a time of Chinese ascendancy.