CHINA’S DIGITAL DEVELOPMENT: BETWEEN ISOLATIONISM AND THE NEXT ROUND OF OPENING-UP

In CAA Paper Dominik Mierzejewski and Thomas Chan argue that current policy on the digital economy symbolizes two possible directions: firstly, as a vehicle for delivering the promises of a dual circulation economy with limited interaction with the external world, and adopting an isolationist stance while enforcing strict government control over the people’s preferences.

Opublikowano: 23 November 2021

Zbliżenie na chińskie znaki wyryte na monumencie z napisem ‘CAA Papers’ / Close-up of Chinese characters engraved on the monument with the inscription ‘CAA Papers’ in English

Secondly, this dual circulation approach will also see China extending its international opening-up possibly based on a proposed national digital currency and the standards of the digital economy. Taking a historical perspective: although Xi Jinping might follow Deng Xiaoping's strategy of opening up, this time it will be based on China's principles and regulations, rather than those that originated from the Western-led liberal world order, as was the case in the past. Please download the CAA Paper here.

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CHINA’S DIGITAL DEVELOPMENT: BETWEEN ISOLATIONISM AND THE NEXT ROUND OF OPENING-UP

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CHINA’S DIGITAL DEVELOPMENT: BETWEEN ISOLATIONISM AND THE NEXT ROUND OF OPENING-UP