CHINA’S STRATEGY AND ROLE IN THE INTERNATIONAL ECONOMY IN THE ERA OF GLOBALIZATION

Abstract

This article analyzes China’s strategic position in the global economy within the context of globalization. It examines the fundamental drivers of China’s rapid economic transformation, including its export-oriented growth model, extensive industrial capacity, and sustained investment in science and technology. The study further explores China’s economic interactions with major global actors, particularly the United States, and evaluates the implications of trade restrictions and resource-based strategies for its international standing.

Drawing on qualitative analysis of scholarly sources, including the work of Zongyuan Zoe Liu, the research assesses both the strengths and structural vulnerabilities of China’s economic model. The findings suggest that although China has successfully consolidated its status as a leading global economic power, its heavy reliance on external markets, coupled with relatively weak domestic consumption, poses significant long-term risks, such as structural imbalances and deflationary pressures.

The article concludes that ensuring sustainable economic growth will require China to rebalance its development model by strengthening domestic demand, enhancing economic resilience, and maintaining competitiveness in an increasingly complex and uncertain global economic environment.