Infographic Of The Day: China’s Checkbook Diplomacy | Co. Design

The more you look at this chart, the more you start seeing powerful forces at work. For one, you’ll notice that majority of China’s trading partners aren’t in Europe or America: They’re in Asia and Africa and South America. In other words, precisely those countries which have always spoken last on the world stage. China is using its economic relationships to create an alternative bloc of power, which can directly compete with the political might of the E.U. and America.

You could call it checkbook diplomacy, and it’s vastly different than the bedrock of our own diplomatic efforts. Granted, the U.S. does use its economic relationships abroad as a carrot, but the stick has always been our armed forces. China, by contrast, isn’t exactly threatening countries overseas with potential military action (with the exception of Taiwan, of course). Instead, it’s doing hundreds of billions in business with countries that are usually also-rans on the global stage.

via Infographic Of The Day: China’s Checkbook Diplomacy | Co. Design.

Checkbook diplomacy is based on the belief that money really talks and talks at all levels on all issues!

This entry was posted in Human Economics, The Untold China Stories. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s