Chinese Aid to the Industrial Development of the South: Input into Post-Industrialization of China

The article discusses the true goals and benefits of China’s assistance to the South. A hypothesis reveals the relationship between China’s transition to an innovative development model and its interest in the industrialization of the least developed countries. The tasks of modernizing the economy a...

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Autor principal:	D. B. Kalashnikov
Formato:	article
Lenguaje:	EN RU
Publicado:	Ассоциация независимых экспертов «Центр изучения кризисного общества» (in English: Association for independent experts “Center for Crisis Society Studies”) 2021
Materias:	foreign aid national interests official development assistance south-south cooperation system of world economy africa china belt and road initiative International relations JZ2-6530
Acceso en línea:	https://doaj.org/article/abfeba26189e4349bb14ab42ffd0e758
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spelling	oai:doaj.org-article:abfeba26189e4349bb14ab42ffd0e7582021-11-07T14:45:05ZChinese Aid to the Industrial Development of the South: Input into Post-Industrialization of China2542-02402587-932410.23932/2542-0240-2021-14-2-11https://doaj.org/article/abfeba26189e4349bb14ab42ffd0e7582021-04-01T00:00:00Zhttps://www.ogt-journal.com/jour/article/view/761https://doaj.org/toc/2542-0240https://doaj.org/toc/2587-9324The article discusses the true goals and benefits of China’s assistance to the South. A hypothesis reveals the relationship between China’s transition to an innovative development model and its interest in the industrialization of the least developed countries. The tasks of modernizing the economy and the national interests of China in the context of the modern international labor division are analyzed. To ensure the growth of incomes of the population to the level of developed countries, the creation of a post-industrial structure of the economy is required. This means that a number of industrial functions must be transferred to such backward countries that, without Chinese capital and technology, are not able to industrialize. In addition, for China, the problem of equilibrium of the balance of payments is urgent, the solution to which is to increase imports of simple goods and make direct investments within the Chinese Global Value Chains. Analysis of directions and first results of Chinese development assistance confirmed its important contribution to solving these problems, as well as its systemic nature within the framework of the Belt and Road Initiative. The Initiative coordinates the construction of power plants, all types of infrastructure, and on their basis the development of industry and consumption under the control of Chinese companies. Therefore, all types of grants or concessional assistance to the South can be considered as investments into the development of the Chinese economy, which has gone beyond national borders. At the same time, participation in the Initiative brings benefits and growth prospects up to the level of the modern PRC for the most backward countries, but does not create growth opportunities for countries with already developed industry and an average standard of living, on the contrary, it reduces their space for post-industrialization.D. B. KalashnikovАссоциация независимых экспертов «Центр изучения кризисного общества» (in English: Association for independent experts “Center for Crisis Society Studies”)articleforeign aidnational interestsofficial development assistancesouth-south cooperationsystem of world economyafricachinabelt and road initiativeInternational relationsJZ2-6530ENRUКонтуры глобальных трансформаций: политика, экономика, право, Vol 14, Iss 2, Pp 195-213 (2021)
institution	DOAJ
collection	DOAJ
language	EN RU
topic	foreign aid national interests official development assistance south-south cooperation system of world economy africa china belt and road initiative International relations JZ2-6530
spellingShingle	foreign aid national interests official development assistance south-south cooperation system of world economy africa china belt and road initiative International relations JZ2-6530 D. B. Kalashnikov Chinese Aid to the Industrial Development of the South: Input into Post-Industrialization of China
description	The article discusses the true goals and benefits of China’s assistance to the South. A hypothesis reveals the relationship between China’s transition to an innovative development model and its interest in the industrialization of the least developed countries. The tasks of modernizing the economy and the national interests of China in the context of the modern international labor division are analyzed. To ensure the growth of incomes of the population to the level of developed countries, the creation of a post-industrial structure of the economy is required. This means that a number of industrial functions must be transferred to such backward countries that, without Chinese capital and technology, are not able to industrialize. In addition, for China, the problem of equilibrium of the balance of payments is urgent, the solution to which is to increase imports of simple goods and make direct investments within the Chinese Global Value Chains. Analysis of directions and first results of Chinese development assistance confirmed its important contribution to solving these problems, as well as its systemic nature within the framework of the Belt and Road Initiative. The Initiative coordinates the construction of power plants, all types of infrastructure, and on their basis the development of industry and consumption under the control of Chinese companies. Therefore, all types of grants or concessional assistance to the South can be considered as investments into the development of the Chinese economy, which has gone beyond national borders. At the same time, participation in the Initiative brings benefits and growth prospects up to the level of the modern PRC for the most backward countries, but does not create growth opportunities for countries with already developed industry and an average standard of living, on the contrary, it reduces their space for post-industrialization.
format	article
author	D. B. Kalashnikov
author_facet	D. B. Kalashnikov
author_sort	D. B. Kalashnikov
title	Chinese Aid to the Industrial Development of the South: Input into Post-Industrialization of China
title_short	Chinese Aid to the Industrial Development of the South: Input into Post-Industrialization of China
title_full	Chinese Aid to the Industrial Development of the South: Input into Post-Industrialization of China
title_fullStr	Chinese Aid to the Industrial Development of the South: Input into Post-Industrialization of China
title_full_unstemmed	Chinese Aid to the Industrial Development of the South: Input into Post-Industrialization of China
title_sort	chinese aid to the industrial development of the south: input into post-industrialization of china
publisher	Ассоциация независимых экспертов «Центр изучения кризисного общества» (in English: Association for independent experts “Center for Crisis Society Studies”)
publishDate	2021
url	https://doaj.org/article/abfeba26189e4349bb14ab42ffd0e758
work_keys_str_mv	AT dbkalashnikov chineseaidtotheindustrialdevelopmentofthesouthinputintopostindustrializationofchina
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Chinese Aid to the Industrial Development of the South: Input into Post-Industrialization of China

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