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By All Means Necessary

How China's Resource Quest is Changing the World

Format: Hardback
Publisher: Oxford University Press Inc, New York, United States
Published: 27th Mar 2014
Dimensions: w 163mm h 238mm d 27mm
Weight: 540g
ISBN-10: 0199921784
ISBN-13: 9780199921782
Barcode No: 9780199921782
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Synopsis
In the past thirty years, China has transformed from an impoverished country where peasants comprised the largest portion of the populace to an economic power with an expanding middle class and more megacities than anywhere else on earth. This remarkable transformation has required, and will continue to demand, massive quantities of resources. Like every other major power in modern history, China is looking outward to find them. In By All Means Necessary, Elizabeth C. Economy and Michael Levi explore the unrivaled expansion of the Chinese economy and the global effects of its meteoric growth. China is now engaged in a far-flung quest, hunting around the world for fuel, ores, water, and land for farming, and deploying whatever it needs in the economic, political, and military spheres to secure the resources it requires. Chinese traders and investors buy commodities, with consequences for economies, people, and the environment around the world. Meanwhile the Chinese military aspires to secure sea lanes, and Chinese diplomats struggle to protect the country's interests abroad. And just as surely as China's pursuit of natural resources is changing the world-restructuring markets, pushing up commodity prices, transforming resource-rich economies through investment and trade-it is also changing China itself. As Chinese corporations increasingly venture abroad, they must navigate various political regimes, participate in international markets, and adopt foreign standards and practices, which can lead to wide-reaching social and political ramifications at home. Clear, authoritative, and provocative, By All Means Necessary is a sweeping account of where China's pursuit of raw materials may take the country in the coming years and what the consequences will be-not just for China, but for the whole world.

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The structure and content of the book is well crafted and balanced with representative examples from the field and from previous research, to clarify and dispel certain myths about Chinas eager acquisition of raw materials. Students and professionals of China and Americas foreign policy and security policy will find this book to be an instrumental read for a detailed analysis of the many facets of Chinas changing resource strategy. * Nisha Baruah, Progress in Development Studies * The book is very readable for students of China and international resource competition. In a jargon-free manner, Economy and Levi eludicate an often politically charged question with great poise and clarity * Europe-Asia Studies, Xiangfeng Yang * This is the best analysis to date of the three-way economic and security game among China, other countries, and global market forces. With trenchant policy recommendations, it should be read by all those interested in China's impact on the world. * Dennis Blair, former US Director of National Intelligence and Commander in Chief, Pacific * By All Means Necessary is a valuable corrective to the hype-both positive and negative- that typically accompanies accounts of China's global search for natural resources. Economy and Levi combine an understanding of Chinese politics and economic policy with a detailed knowledge of different global markets, from oil to ore. The result is a myth-busting book that offers insights and advice for policymakers, business leaders, and anyone interested in China
and the world. * Anne-Marie Slaughter, President, the New America Foundation * If we are to intelligently manage China's resurgence, there are few areas more deserving of our attention than China's voracious global appetite for natural resources. In this well-written and insightful new study the authors vividly limn how China's restless quest for rejuvenation is simultaneously upsetting the old world order and demanding that the other countries develop new ways of understanding and interacting with it. For anyone wishing to come to terms with
this aspect of China's rise, and the policy choices it raises for countries like the US, this is the go-to read. * Orville Schell, Arthur Ross Director, The Center on US-China Relations, Asia Society * Economy and Levi have provided a compelling assessment of how supercharged and commodity-intensive growth in China has led to an unprecedented global buying spree for resources as varied as oil and gas, industrial metals and rare earth minerals, ores and coal, as well as farmland... They argue convincingly that Beijing's motivations are not nefarious and the global system will find ways to curb feared excesses, even as the Middle Kingdom moves to secure the
territorial seas around it and build a significant naval presence. * Edward L. Morse, Head of Global Commodities Research, Citigroup * In By all means necessary, Elizabeth Economy and Michael Levi take a comprehensive look at the implications outside Chinaas borders of its growing resource quest from minerals to water and grain. * Tim Summers, International Affairs *