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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.

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The Global China Hub tracks Beijing’s actions and their global impacts, assessing China’s rise from multiple angles and identifying emerging China policy challenges. The Hub leverages its network of China experts around the world to generate actionable recommendations for policymakers in Washington and beyond.