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Regulating the Rise of China

Australia’s Foray into Middle Power Economics

  • Michael Peters

Part of the Studies in the Political Economy of Public Policy book series (PEPP)

Table of contents

  1. Front Matter
    Pages i-xv
  2. Michael Peters
    Pages 1-22
  3. Michael Peters
    Pages 23-63
  4. Michael Peters
    Pages 65-118
  5. Michael Peters
    Pages 119-151
  6. Michael Peters
    Pages 153-187
  7. Michael Peters
    Pages 189-229
  8. Michael Peters
    Pages 231-250
  9. Michael Peters
    Pages 251-274
  10. Michael Peters
    Pages 275-279
  11. Back Matter
    Pages 281-309

About this book

Introduction

This book revises the existing account of the first Rudd Government's engagement with China, placing Australian foreign direct investment screening policy at the centre of the story. At the time, the Rudd Government was accused of holding an unnecessarily interventionist approach to Chinese Sovereign-Owned Enterprise investments into the Australian mining sector. This book claims that the Australian Government had a deep and coherent understanding of the problem posed by Chinese investments that went well-beyond any simplistic 'China Inc.' or geopolitical threats. The key policymakers believed that the Chinese state-directed investments threatened the integrity of the liberal governance structures on which the Australian state is founded, and so Australian sovereignty itself. While the response of the Rudd Government was largely ineffectual, the logic underpinning it remains the best framework for guiding Australia's engagement with China into the 2020s, as well as the engagement of other liberal states coming to grips with China's rise.

Michael Peters studied International Relations at the University of New South Wales, Australia. He teaches International Relations and works on the editorial and publicity teams of the Economic and Labour Relations Review.

Keywords

foreign direct investment policy China Australia Rudd Government Dawn raid governmentality poststructural policy analysis postpositivist policy analysis narrative-based discourse analysis foreign investment screening FIRB Foreign Acquisitions and Takeovers Act Soveriegn-owned Enterprise Australian mining sector comprehensive security state finance economic sovereignty competitive neutrality Colmer doctrine market discipline

Authors and affiliations

  • Michael Peters
    • 1
  1. 1.School of Social SciencesUniversity of New South WalesKensingtonAustralia

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-030-05466-3
  • Copyright Information The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2019
  • Publisher Name Palgrave Macmillan, Cham
  • eBook Packages Political Science and International Studies
  • Print ISBN 978-3-030-05465-6
  • Online ISBN 978-3-030-05466-3
  • Series Print ISSN 2524-7441
  • Series Online ISSN 2524-745X
  • Buy this book on publisher's site