On Monday, March 24 at 2:00 p.m. ET, the Atlantic Council’s Global China Hub will launch a new report from GCH Nonresident Fellow William Piekos, “How Beijing uses inducements as a tool of economic statecraft.

Please join us for an online discussion on this issue featuring keynote remarks from Congressman Raja Krishnamoorthi (D-IL), ranking member of the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party. The Council will then host a discussion among distinguished experts including Gervasio Hsu, director of the Political Division at Taipei Economic and Cultural Representative Office in the United States; Peter Mattis, president of the Jamestown Foundation; Margaret Myers, managing director of Johns Hopkins SAIS Institute for America, China, and the Future of Global Affairs. China Hub Senior Director Melanie Hart will moderate.

The panel will explore how China uses economic inducements to pressure countries into supporting Beijing’s policies, particularly on Taiwan and its formal diplomatic partnerships. The panel will provide recommendations to counter China’s economic statecraft in ways that protect the interests of the United States and its allies.

The discussion will take place virtually. You can also view the event on the Youtube link above, on X, or on Facebook. To RSVP, register via the registration box on this page.

Keynote Remarks

The Hon. Raja Krishnamoorthi
US Representative (D-IL)
Ranking Member of the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party

Speakers

Gervasio Hsu
Director, Political Division
Taipei Economic and Cultural Representative Office in the United States

Peter Mattis
President
The Jamestown Foundation

Margaret Myers
Managing Director
Johns Hopkins SAIS Institute for America, China, and the Future of Global Affairs

Moderated by

Read the report

Report

Mar 24, 2025

How Beijing uses inducements as a tool of economic statecraft

By William Piekos

As strategic competition between the United States and China intensifies, Washington and Beijing seek every possible advantage to gain an edge. In this environment, both countries are increasingly turning to economic statecraft—the use of economic coercion or inducement to pursue strategic goals—to advance their interests.

China Economy & Business

Global China Hub

The Global China Hub researches and devises allied solutions to the global challenges posed by China’s rise, leveraging and amplifying the Atlantic Council’s work on China across its 15 other programs and centers.

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