Speaker: David Lane

Title: The Challenge to the World Economic System of Socialism with Chinese Characteristics

Host: School of Political Science and Public Administration, Shandong University

Date and place: May 2nd, 2018, 19:00, Zhensheng Courtyard E102

Bio of Speaker:

David Lane is an emeritus professor at School of Social and Political Science, Cambridge University. He has made a long-term commitment to the research of Transformation of National Socialism, Globalization and World Politics

Content:

On the basis of critically analysing the core, semi-periphery and periphery in the World Economic System Theory, the speaker proposes that the development of China after reform and opening can be divided into three stages: peripheral dependence, sustainable competitive interdependence and countervailing power. The second stage is the stage in which China successfully compete with western companies in the market economy. Now China is entering the third stage. At the new stage, China will strengthen the sovereignty and establish regional organisations in order to overcome the obstruction set by western countries which aim at preventing the rise of China. Socialism with Chinese characteristics is making China the semi-core which directly interacts with the core and the regional power to counterbalance the core of the West. The contemporary challenge for China is to continue its competitive interdependence policy or to provide an alternative which means China continues to be the dominant economic power in the world economic system and at the same time become a more socialistic society.