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Volumn 42, Issue 1, 2010, Pages 100-129

China and the BRICs: A real (but Limited) partnership in a unipolar world

Author keywords

BRICs; China; G20; International order; Unipolarity

Indexed keywords


EID: 77249162178     PISSN: 00323497     EISSN: 17441684     Source Type: Journal    
DOI: 10.1057/pol.2009.14     Document Type: Article
Times cited : (99)

References (164)
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    • The emphasis in post-Cold War defense reports on preventing the rise of a potential peer competitor, and discussions of China in this context, is further evidence for hyper-sensitivity. See Lu Gang and Guo Xuetang, chief eds., Zhongguo Weixie Shei: Jiedu Zhongguo Weixielun [Who Does China Threaten? Interpreting China Threat Theory] (Shanghai: Xuelin Press, 2004).
    • The emphasis in post-Cold War defense reports on preventing the rise of a potential peer competitor, and discussions of China in this context, is further evidence for hyper-sensitivity. See Lu Gang and Guo Xuetang, chief eds., Zhongguo Weixie Shei: Jiedu "Zhongguo Weixielun" [Who Does China Threaten? Interpreting "China Threat Theory"] (Shanghai: Xuelin Press, 2004).
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    • See Wang Jisi, "Roundtable on U.S.-China Relations," Nanfeng Chuang, October 20, 2008.
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    • See "Zhongguo shi ge 'Daguo' ma?" [Is China a "Great Power?"], Shijie Zhishi 1 (2007): 16-27.
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    • See Hu Jintao: zai Jinian Dang de shiyijie zhongquanhui zhaokai 30 zhounian dahui shang de jianghua [Hu Jintao: Speech at Meeting to Commemorate the 30th Anniversary of the Third Plenary Session of 11th CCP Central Committee], Xinhua, December 18, 2008.
    • See "Hu Jintao: zai Jinian Dang de shiyijie zhongquanhui zhaokai 30 zhounian dahui shang de jianghua" [Hu Jintao: Speech at Meeting to Commemorate the 30th Anniversary of the Third Plenary Session of 11th CCP Central Committee], Xinhua, December 18, 2008.
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    • and Wang Jisi, Dangdai Shijie Zhengzhi Fazhan Qushi yu Zhongguo de Quanqiu Juese [Political Development Trends in the Contemporary World and China's Global Role], Beijing Daxue Xuebao (Zhexue Shehui Kexueban) [Peking University Journal [Philosophy and Social Sciences edition]] 46 (January 2009): 13.
    • and Wang Jisi, "Dangdai Shijie Zhengzhi Fazhan Qushi yu Zhongguo de Quanqiu Juese" [Political Development Trends in the Contemporary World and China's Global Role], Beijing Daxue Xuebao (Zhexue Shehui Kexueban) [Peking University Journal [Philosophy and Social Sciences edition]] 46 (January 2009): 13.
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    • See "China's National Defense in 2008," Beijing, January 2009.
    • (2008) Beijing
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    • See Liu Xinyu, "Jinzhuan Fenghui shouxiu Mouhua Hezuo Zouxiang" [BRIC Summit Plans the Future Trend of Cooperation], Huanqiu, June 15, 2009.
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    • Author's interviews with Chinese academics, Washington, DC, spring 2009.
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    • One analyst observed: "Establishing an anti-hegemonic united front has costs and no benefits." See Yan Xuetong, "Guoji Huanjing ji Waijiao Sikao" [International Environment and Reflections on Diplomacy], Xiandai Guoji Guanxi 8 (1999): 11.
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    • See Ma Jiali, "ZhongEYin Sanjiao Guanxi de Xin Fazhan" [New Developments in Sino-Russian-Indian Triangular Relations], Xiandai Guoji Guanxi 7 (2005): 59-62.
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    • For example, see "Yang Jiechi Attends the Chinese, Russian, Indian, and Brazilian Foreign Ministers' Meeting," Xinhua, May 16, 2008.
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    • Zhang Yunling, the Director of the Institute of Asia-Pacific Studies at the Chinese Academy of Social Sciences (CASS) characterizes China's moves to improve relations with Russia as an attempt to strive to create a more favorable space for survival and development under the current international structure. See Zhang Yunling, chief ed., Huoban haishi Duishou: Tiaozhengzhong de ZhongMeiRiE Guanxi [Partner or Adversary: Adjustments in Sino-American-Japanese-Russian Relations] (Beijing: Shehui Kexue Wenxian Chubanshe, 2001), 40.
    • Zhang Yunling, the Director of the Institute of Asia-Pacific Studies at the Chinese Academy of Social Sciences (CASS) characterizes China's moves to improve relations with Russia as an attempt to "strive to create a more favorable space for survival and development under the current international structure." See Zhang Yunling, chief ed., Huoban haishi Duishou: Tiaozhengzhong de ZhongMeiRiE Guanxi [Partner or Adversary: Adjustments in Sino-American-Japanese-Russian Relations] (Beijing: Shehui Kexue Wenxian Chubanshe, 2001), 40.
  • 66
    • 77249141369 scopus 로고    scopus 로고
    • For a discussion of the importance of exchange of ideas in a RIC context, see Chu Shulong, Jiaqiang Hezuo zhengfeng shi [Strengthening Cooperation at Meeting], Renmin Ribao [People's Daily], July 19, 2006.
    • For a discussion of the importance of exchange of ideas in a RIC context, see Chu Shulong, "Jiaqiang Hezuo zhengfeng shi" [Strengthening Cooperation at Meeting], Renmin Ribao [People's Daily], July 19, 2006.
  • 67
    • 77249123718 scopus 로고    scopus 로고
    • See, G8 and Contemporary World Structure, Renmin Chubanshe
    • See Cao Lingjun, chief ed., Baguo Jituan yu Dangdai Shijie Geju [G8 and Contemporary World Structure], (Renmin Chubanshe, 2005), 194.
    • (2005) Baguo Jituan yu Dangdai Shijie Geju , pp. 194
    • Cao, L.1    chief ed2
  • 68
    • 77249172037 scopus 로고    scopus 로고
    • BRIC Not Yet Full-Blown
    • See, June 18
    • See Li Hong, "BRIC Not Yet Full-Blown," People's Daily, June 18, 2009.
    • (2009) People's Daily
    • Hong, L.1
  • 69
    • 77249138079 scopus 로고    scopus 로고
    • Xinxing Daguo, youxian Hezuo [Newly Emerging Great Powers, Limited Cooperation]
    • For an excellent discussion of this increased emphasis on coordination, see, Oriental Morning Post, December 30
    • For an excellent discussion of this increased emphasis on coordination, see Pang Zhongying, "Xinxing Daguo, youxian Hezuo" [Newly Emerging Great Powers, Limited Cooperation], Dongfang Zaobao [Oriental Morning Post], December 30, 2008.
    • (2008) Dongfang Zaobao
    • Pang, Z.1
  • 70
    • 77249166932 scopus 로고    scopus 로고
    • Zhongguo Waijiao Zoujin Duobian Xietiao Shidai [China's Diplomacy Enters the Era of Multilateral Coordination]
    • See, June 18
    • See Xue Lei, "Zhongguo Waijiao Zoujin Duobian Xietiao Shidai" [China's Diplomacy Enters the Era of Multilateral Coordination], Wen Hui Bao, June 18, 2009.
    • (2009) Wen Hui Bao
    • Lei, X.1
  • 71
    • 77249151290 scopus 로고    scopus 로고
    • BRIC Nations Played Crucial Role at G20 Summit
    • See, November 26
    • See Vladimir Radyuhin, "BRIC Nations Played Crucial Role at G20 Summit," Guardian, November 26, 2008;
    • (2008) Guardian
    • Radyuhin, V.1
  • 72
    • 77249159725 scopus 로고    scopus 로고
    • Buyao Qingyan G20 Daiti G8 [Do Not Casually Declare that the G20 has Replaced the G8]
    • International Herald Leader, November 20
    • and Song Guoyou, "Buyao Qingyan G20 Daiti G8" [Do Not Casually Declare that the G20 has Replaced the G8], Guoji Xianqu Daobao [International Herald Leader], November 20, 2008.
    • (2008) Guoji Xianqu Daobao
    • Song, G.1
  • 73
    • 77249179065 scopus 로고    scopus 로고
    • G5 Leaders Urge Action from G8
    • See, July 10
    • See Sun Shangwu, "G5 Leaders Urge Action from G8," China Daily, July 10, 2009.
    • (2009) China Daily
    • Sun, S.1
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    • 77249118585 scopus 로고    scopus 로고
    • Author's interviews with Chinese scholars and think tank researchers, Washington, DC, spring 2009.
    • Author's interviews with Chinese scholars and think tank researchers, Washington, DC, spring 2009.
  • 75
    • 77249089011 scopus 로고    scopus 로고
    • For a discussion of the continued logic behind this approach, see Yuan Peng, Meiguo Weixielun: Rang Bieren Shuo ba [U.S. Threat Theory: Let Others Say It], Huanqiu Shibao [Global Times], February 14, 2007.
    • For a discussion of the continued logic behind this approach, see Yuan Peng, "Meiguo Weixielun: Rang Bieren Shuo ba" [U.S. Threat Theory: Let Others Say It], Huanqiu Shibao [Global Times], February 14, 2007.
  • 76
    • 77249132927 scopus 로고    scopus 로고
    • See BRIC Nations Say No IMF Cash without Representation, Reuters, March 13, 2009.
    • See "BRIC Nations Say No IMF Cash without Representation," Reuters, March 13, 2009.
  • 77
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    • For thorough discussions of these numerous challenges, see
    • For thorough discussions of these numerous challenges, see Lo, Axis of Convenience;
    • Axis of Convenience
    • Lo1
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    • Russia leaves the West
    • July-August
    • and Dmitri Trenin, "Russia leaves the West," Foreign Affairs (July-August 2006).
    • (2006) Foreign Affairs
    • Trenin, D.1
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    • A New Politics of Confrontation? Brazil and India in Multilateral Trade Negotiations
    • See
    • See Andrew Hurrell and Amrita Narlikar, "A New Politics of Confrontation? Brazil and India in Multilateral Trade Negotiations," Global Society 20 (2006): 415-33.
    • (2006) Global Society , vol.20 , pp. 415-433
    • Hurrell, A.1    Narlikar, A.2
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    • 77249131599 scopus 로고    scopus 로고
    • Author's interviews with Chinese scholars, Washington, DC, spring 2009.
    • Author's interviews with Chinese scholars, Washington, DC, spring 2009.
  • 81
    • 77249114020 scopus 로고    scopus 로고
    • China's Evolving G8 Engagement: Complex Interests and Multiple Identity in Global Governance Reform
    • See, ed. Andrew F. Cooper and Agata Antkiewicz Waterloo, Ontario: Wilfrid Laurier University Press
    • See Gregory T. Chin, "China's Evolving G8 Engagement: Complex Interests and Multiple Identity in Global Governance Reform," in Emerging Powers in Global Governance: Lessons from the Heiligendamm Process, ed. Andrew F. Cooper and Agata Antkiewicz (Waterloo, Ontario: Wilfrid Laurier University Press, 2008), 83-114.
    • (2008) Emerging Powers in Global Governance: Lessons from the Heiligendamm Process , pp. 83-114
    • Chin, G.T.1
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    • See Address at the Inauguration of Pre-BRIC Summit Preparatory Meeting by H. E. Mr. Zhang Yan, Chinese Ambassador to India, May 13, 2009.
    • See "Address at the Inauguration of Pre-BRIC Summit Preparatory Meeting by H. E. Mr. Zhang Yan, Chinese Ambassador to India," May 13, 2009.
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    • 84868169144 scopus 로고    scopus 로고
    • Zhongguo Zerenlun' Kaoyan Heping Fazhan" ["China Responsibility Theory" Tests Peaceful Development]
    • See
    • See Liu Jianfei, '"Zhongguo Zerenlun' Kaoyan Heping Fazhan" ["China Responsibility Theory" Tests Peaceful Development], Xiandai Guoji Guanxi 4 (2007): 22-26;
    • (2007) Xiandai Guoji Guanxi , vol.4 , pp. 22-26
    • Liu, J.1
  • 84
    • 77249133433 scopus 로고    scopus 로고
    • Zhongguo Guoji Zerenlun Pingxi [Assessment of China International Responsibility Theory]
    • Theoretical Research on Mao Zedong and Deng Xiaoping
    • and Liu Ming, "Zhongguo Guoji Zerenlun Pingxi" [Assessment of China International Responsibility Theory], Mao Zedong Deng Xiaoping Lilun Yanjiu [Theoretical Research on Mao Zedong and Deng Xiaoping], 50-55.
    • Mao Zedong Deng Xiaoping Lilun Yanjiu , pp. 50-55
    • Liu, M.1
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    • Hegemony, Liberalism and Global Order: What Space for Would-be Great Powers
    • See, January
    • See Hurrell, "Hegemony, Liberalism and Global Order: What Space for Would-be Great Powers," International Affairs 82 (January 2006): 18.
    • (2006) International Affairs , vol.82 , pp. 18
    • Hurrell1
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    • See Wang Jisi, Meiguo Baquan de Luoji [The Logic of American Hegemony], Meiguo Yanjiu [American Studies] 3 (2003): 7-29.
    • See Wang Jisi, "Meiguo Baquan de Luoji" [The Logic of American Hegemony], Meiguo Yanjiu [American Studies] 3 (2003): 7-29.
  • 87
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    • China's International Behavior: Activism, Opportunism, and Diversification
    • See, 4th quarter
    • See Evan S. Medeiros, "China's International Behavior: Activism, Opportunism, and Diversification," Joint Forces Quarterly 47 (4th quarter 2007): 33.
    • (2007) Joint Forces Quarterly 47 , pp. 33
    • Medeiros, E.S.1
  • 88
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    • Zhongguo Xin Waijiao de Linian yu Shijian [Ideas and Practice in China's New Diplomacy]
    • See
    • See Shen Guofang, "Zhongguo Xin Waijiao de Linian yu Shijian" [Ideas and Practice in China's New Diplomacy], Shijie Zhishi 13 (2007): 42.
    • (2007) Shijie Zhishi , vol.13 , pp. 42
    • Shen, G.1
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    • See China's National Defense in, January
    • See "China's National Defense in 2008," Beijing, January 2009.
    • (2008) Beijing
  • 90
    • 77249141894 scopus 로고    scopus 로고
    • Deng Xiaoping first used this formulation in 1988 and it was subsequently endorsed by all of Chinese leaders, and included in the work reports of the Party Congresses. See China Eager to Establish New International Order, Xinhua, February 28, 1991.
    • Deng Xiaoping first used this formulation in 1988 and it was subsequently endorsed by all of Chinese leaders, and included in the work reports of the Party Congresses. See "China Eager to Establish New International Order," Xinhua, February 28, 1991.
  • 91
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    • Although this change may appear small, changing a tifa that was first enunciated by Deng Xiaoping and had been repeated for almost twenty years is very significant
    • Although this change may appear small, changing a tifa that was first enunciated by Deng Xiaoping and had been repeated for almost twenty years is very significant.
  • 92
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    • China and Asia in a New Era
    • See, September
    • See Fu Ying, "China and Asia in a New Era," China: An International Journal 1 (September 2003): 311;
    • (2003) China: An International Journal , vol.1 , pp. 311
    • Fu, Y.1
  • 93
    • 77249152053 scopus 로고    scopus 로고
    • and Secretary Colin L. Powell, Briefing on Trip to East Asia, July 29, 2001.
    • and Secretary Colin L. Powell, "Briefing on Trip to East Asia," July 29, 2001.
  • 94
    • 77249176441 scopus 로고    scopus 로고
    • Zhongguo zai Guoji Tixizhong de Diwei yu Zuoyong [China's Position and Role in the International System]
    • See
    • See Pang Zhongying, "Zhongguo zai Guoji Tixizhong de Diwei yu Zuoyong" [China's Position and Role in the International System], Xiandai Guoji Guanxi 4 (2006): 20.
    • (2006) Xiandai Guoji Guanxi , vol.4 , pp. 20
    • Pang, Z.1
  • 95
    • 77249085493 scopus 로고    scopus 로고
    • Lun Zhongguo Jueqi yu Shijie Zhixu de Guanxi [On the Relationship between China's Rise and International Order]
    • China's view on the international order also experienced an identity transformation from victim of order to beneficiary of order. See
    • China's view on the international order also experienced an "identity transformation from victim of order to beneficiary of order." See Guo Shuyong, "Lun Zhongguo Jueqi yu Shijie Zhixu de Guanxi" [On the Relationship between China's Rise and International Order], Taipingyang Xuebao 6 (2005): 5.
    • (2005) Taipingyang Xuebao , vol.6 , pp. 5
    • Guo, S.1
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    • The Absence of a Model
    • See, Spring
    • See Cui Liru, "The Absence of a Model," China Security 4 (Spring 2008): 9.
    • (2008) China Security , vol.4 , pp. 9
    • Cui, L.1
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    • See Jin Canrong, Welai 30nian qujueyu meiguo nengfou Jiena Zhongguo Jueqi [The Next 30 Years Depend on whether or not the U.S. can accept China's Rise], Dongfang Zaobao, January 7, 2009.
    • See Jin Canrong, "Welai 30nian qujueyu meiguo nengfou Jiena Zhongguo Jueqi" [The Next 30 Years Depend on whether or not the U.S. can accept China's Rise], Dongfang Zaobao, January 7, 2009.
  • 99
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    • Is China a Status Quo Power?
    • Spring
    • Alastair Iain Johnston, "Is China a Status Quo Power?" International Security 27 (Spring 2003): 5-56;
    • (2003) International Security , vol.27 , pp. 5-56
    • Iain Johnston, A.1
  • 101
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    • and Elizabeth Economy and Michel Oksenberg, eds., China Joins the World: Progress and Prospects (New York: Council on Foreign Relations Press, 1998).
    • and Elizabeth Economy and Michel Oksenberg, eds., China Joins the World: Progress and Prospects (New York: Council on Foreign Relations Press, 1998).
  • 102
    • 77249143220 scopus 로고    scopus 로고
    • Xinxing Daguo Qunti zai Guoji Tixi Zhuanxingzhong de Zhanlue Xuanze [The Strategic Choices on Newly Emerging Powers in the Transformation of the International System]
    • See
    • See Yang Jiemian, "Xinxing Daguo Qunti zai Guoji Tixi Zhuanxingzhong de Zhanlue Xuanze" [The Strategic Choices on Newly Emerging Powers in the Transformation of the International System], Shijie Jingji yu Zhengzhi 6 (2008): 6.
    • (2008) Shijie Jingji yu Zhengzhi , vol.6 , pp. 6
    • Yang, J.1
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    • Defining China's Role on the World Stage
    • For a similar argument, see, December 22
    • For a similar argument, see Zhang Tuosheng, "Defining China's Role on the World Stage," China Daily, December 22, 2006.
    • (2006) China Daily
    • Zhang, T.1
  • 104
    • 84868176997 scopus 로고    scopus 로고
    • Zhongguo Xin Waijiao de Linian yu Shijian;" and Ruan Zongze, "Shixian Zhongguo Waijiao 'Huayuquan'" [Achieving China's Diplomatic 'Right to Speak']
    • See
    • See Shen Guofang, "Zhongguo Xin Waijiao de Linian yu Shijian;" and Ruan Zongze, "Shixian Zhongguo Waijiao 'Huayuquan'" [Achieving China's Diplomatic 'Right to Speak'], Shijie Zhishi 32 (2005): 28.
    • (2005) Shijie Zhishi , vol.32 , pp. 28
    • Shen, G.1
  • 107
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    • For discussions of this critique, see Bob Davis, Brazil, Russia, India, China Offer IMF Financial Aid for Wider Policy Role, Wall Street Journal, April 27, 2009; and Zhongguo shi ge Daguo ma?
    • For discussions of this critique, see Bob Davis, "Brazil, Russia, India, China Offer IMF Financial Aid for Wider Policy Role," Wall Street Journal, April 27, 2009; and "Zhongguo shi ge Daguo ma?"
  • 108
    • 77249162515 scopus 로고    scopus 로고
    • Dangdai Shijie Zhengzhi Fazhan Qushi yu Zhongguo de Quanqiu Juese [Development Trends in Contemporary World Politics and China's Global Role]
    • Wang Jisi has referred to a global governance deficit and an international regime deficit. See, January
    • Wang Jisi has referred to a "global governance deficit" and an "international regime deficit." See Wang Jisi "Dangdai Shijie Zhengzhi Fazhan Qushi yu Zhongguo de Quanqiu Juese" [Development Trends in Contemporary World Politics and China's Global Role], Beijing Daxue Xuebao [Peking University Journal] 46 (January 2009): 13.
    • (2009) Beijing Daxue Xuebao [Peking University Journal] , vol.46 , pp. 13
    • Jisi, W.1
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    • Guanyu Zhongguo Chengzhang wei Shijie di'er da Jingjiti hou de Guoji Zhanlue Sikao [Reflections on International Strategy after China Rises to become the World's Second Largest Economic Entity]
    • See
    • See Lin Limin and Chang Shanshan, "Guanyu Zhongguo Chengzhang wei Shijie di'er da Jingjiti hou de Guoji Zhanlue Sikao" [Reflections on International Strategy after China Rises to become the World's Second Largest Economic Entity], Xiandai Guoji Guanxi 10 (2008): 40.
    • (2008) Xiandai Guoji Guanxi , vol.10 , pp. 40
    • Lin, L.1    Chang, S.2
  • 111
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    • It is usually summarized as consisting of the principles of mutual trust, mutual benefit, equality, and cooperation. See China's Position Paper on the New Security Concept, June 8, 2002.
    • It is usually summarized as consisting of the principles of mutual trust, mutual benefit, equality, and cooperation. See "China's Position Paper on the New Security Concept," June 8, 2002.
  • 112
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    • See for a Harmonious World at Summit, September 16
    • See "Hu Calls for a Harmonious World at Summit," China Daily, September 16, 2005.
    • (2005) China Daily
    • Hu, C.1
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    • Chinese leaders and experts have also increasingly emphasized vague concepts such as diversification of the world (shijie duoyanghua), cultural diversification(wenhua duoyuanhua), and the Confucian principle of harmony with differences (he'erbutong). See Hexie Shijie yu Zhongguo Waijiao [Harmonious World and China's Diplomacy], Waijiao Pinglun [Foreign Affairs Review] 87 (February 2006): 15-20.
    • Chinese leaders and experts have also increasingly emphasized vague concepts such as "diversification of the world" (shijie duoyanghua), "cultural diversification"(wenhua duoyuanhua), and the Confucian principle of "harmony with differences" (he'erbutong). See "Hexie Shijie yu Zhongguo Waijiao" [Harmonious World and China's Diplomacy], Waijiao Pinglun [Foreign Affairs Review] 87 (February 2006): 15-20.
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    • Jianli Gongzheng Guoji Zhixu [Establishment of a Just International Order]
    • See, 15-16
    • See Ding Yuanhong, "Jianli Gongzheng Guoji Zhixu" [Establishment of a Just International Order], Heping yu Fazhan [Peace and Development] 2 (2005): 15-16, 14.
    • (2005) Heping yu Fazhan [Peace and Development] , vol.2 , pp. 14
    • Ding, Y.1
  • 115
    • 77249171591 scopus 로고    scopus 로고
    • Pang Zhongying, then a professor at Nankai University, argues that China's proposals are empty, too focused on principle and have the flavor of political propaganda. There are few proposals that are concrete and workable or can be implemented. See
    • Pang Zhongying, then a professor at Nankai University, argues that China's "proposals are empty, too focused on principle and have the flavor of political propaganda. There are few proposals that are concrete and workable or can be implemented." See Pang Zhongying, "Zhongguo zai Guoji Tixizhong de Diwei yu Zuoyong," 18.
    • Zhongguo zai Guoji Tixizhong de Diwei yu Zuoyong , vol.18
    • Pang, Z.1
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    • In addition to President Hu's speeches at the G20 summits and BRICs leader's summit, see Wang Qishan, G20 Must Look Beyond the Needs of the Top 20, The Times, March 27, 2009
    • In addition to President Hu's speeches at the G20 summits and BRICs leader's summit, see Wang Qishan, "G20 Must Look Beyond the Needs of the Top 20," The Times, March 27, 2009.
  • 117
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    • See China Central Bank Governor Suggests Creating Super-Sovereign Reserve Currency, Xinhua, March 24, 2009.
    • See "China Central Bank Governor Suggests Creating Super-Sovereign Reserve Currency," Xinhua, March 24, 2009.
  • 118
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    • Dollar Primacy and American Power: What's at Stake?
    • See, August
    • See Jonathan Kirshner, "Dollar Primacy and American Power: What's at Stake?" Review of International Political Economy 15 (August 2008): 418-38.
    • (2008) Review of International Political Economy , vol.15 , pp. 418-438
    • Kirshner, J.1
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    • The End of Dollar Dominance?
    • See, March 23
    • See John Pomfret, "The End of Dollar Dominance?" Washington Post, March 23, 2009;
    • (2009) Washington Post
    • Pomfret, J.1
  • 120
    • 77249144325 scopus 로고    scopus 로고
    • China Calls for New World Reserve Currency
    • March 26
    • Alison Klayman, "China Calls for New World Reserve Currency," Voice of America, March 26, 2009;
    • (2009) Voice of America
    • Klayman, A.1
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    • China's Dollar Trap,
    • April 2
    • and Paul Krugman, "China's Dollar Trap," New York Times, April 2, 2009.
    • (2009) New York Times
    • Krugman, P.1
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    • Experts Cool to Zhou Proposal
    • See, March 25
    • See Wang Xu, "Experts Cool to Zhou Proposal," China Daily, March 25, 2009.
    • (2009) China Daily
    • Xu, W.1
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    • Much-Trumpeted BRIC Summit Ends Quietly
    • See, June 17
    • See Chris Buckley, "Much-Trumpeted BRIC Summit Ends Quietly," Reuters, June 17, 2009.
    • (2009) Reuters
    • Buckley, C.1
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    • 77249168534 scopus 로고    scopus 로고
    • Likely to Turn to Dollar
    • See, July 3
    • See "Summit Talks Likely to Turn to Dollar," China Daily, July 3, 2009.
    • (2009) China Daily
    • Talks, S.1
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    • 77249171136 scopus 로고    scopus 로고
    • US Should Maintain Stability of Dollar
    • See, July 6
    • See "Vice FM: US Should Maintain Stability of Dollar," China Daily, July 6, 2009.
    • (2009) China Daily
    • Vice, F.M.1
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    • See China Reassures on Dollar Debate before G8, China Daily, July 6, 2009.
    • See "China Reassures on Dollar Debate before G8," China Daily, July 6, 2009.
  • 127
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    • Calls for New Global Reserve Currency System
    • See, March 27
    • See "Nobel Laureate Stiglitz Calls for New Global Reserve Currency System," Xinhua, March 27, 2009;
    • (2009) Xinhua
    • Laureate Stiglitz, N.1
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    • and Experts Call for Diversified Reserve Currency Ahead of G8 Summit, China Daily, July 5, 2009.
    • and "Experts Call for Diversified Reserve Currency Ahead of G8 Summit," China Daily, July 5, 2009.
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    • See, July 9
    • See "Yuan Small Step," Economist, July 9, 2009;
    • (2009) Economist
    • Yuan, S.1
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    • 77249165391 scopus 로고    scopus 로고
    • Lula: Let's Trade in our own Currencies
    • May 21
    • "Lula: Let's Trade in our own Currencies," Xinhua, May 21, 2009;
    • (2009) Xinhua
  • 131
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    • China, Brazil Working on Trade FX Deal
    • June 28
    • "China, Brazil Working on Trade FX Deal," Reuters, June 28, 2009.
    • (2009) Reuters
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    • China's Yuan: The Next Reserve Currency?
    • See, May 26
    • See Steve Levine, "China's Yuan: The Next Reserve Currency?" Business Week, May 26, 2009.
    • (2009) Business Week
    • Levine, S.1
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