Title: A New Era of Risk
Subtitle: Why We Need a New, Sustainable Internationalism to Manage the Rise of China
Subject Classification:  Politics and Government, Business and Management, Economics and Finance  
BIC Classification: JP, KC
BISAC Classification: POL011020, POL033000, POL000000
Binding: Hardback, eBook
Publication date: 23 Jan 2025
ISBN (Hardback): 978-1-80441-890-1
ISBN (eBook): 978-1-80441-891-8

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Description

China is at the centre of a perfect storm of new risks to the global system, international economy and climate. Yet the author argues that the West’s binary geopolitical and geoeconomic thinking is catastrophizing risks and simultaneously failing to develop adequate responses to the complexity of the disruptions underway. The book draws upon a wide range of research interviews with international experts, stakeholders and practitioners to comprehend the rise of China in an important series of case studies, and points to the need for a new, sustainable internationalism that proportionately manages risks and builds interdependence, rather than driving binary conflict.

The concept of sustainable internationalism draws on confidence in Asia that a new cooperative security and globalization can be achieved, such as argued by Kishore Mahbubani, Stephen Roach and others. The book presents important new political risk research on diverse case studies of China’s new forms of interdependence, from an multilateral institution, the Asian Infrastructure Investment Bank, and a communications technology firm, Huawei, to Belt and Road infrastructure projects in South East Asia and across Eurasia.

Biography

Author(s):  David Morris is a former Australian and multilateral diplomat; non-resident Senior Fellow, Center for China and Globalization; and Founder and President of 1EarthVillage, based in Australia.

Reviews

"This erudite and balanced study is both reliable and comprehensive. It also challenges alarmist accounts of the rise of China. Highly recommended."
- Wayne Hudson, Charles Sturt University, Canberra

"A New Era of Risk is a timely and thought-provoking read for policymakers and global observers alike. Challenging the prevailing Western narrative that frames China’s rise as a threat, Morris moves beyond decoupling and de-risking rhetoric to offer a nuanced analysis of how China’s ascent is reshaping the global order. He highlights both opportunities and challenges for Eurasia and beyond and provides essential insights into how sustainable internationalism can help the world adapt to—and benefit from—a multipolar reality."
- Baohui Xie, the University of Adelaide, South Australia

"In a disorderly and fractured world, David Morris review of China's international connections offers sensible and measured advice. It deserves to be read by all who are concerned about the future of the global trading system, climate change and the prevention of nuclear war."
- Professor Jocelyn Chey, University of Technology Sydney

"We need real scholars who understand and can explain China’s geopolitical and geoeconomic movements in a sober and balanced way. Dr David Morris is exceptionally qualified to explain Beijing’s role in global affairs, with valuable experience on the policymaking level as a former diplomat as well as tremendous fieldwork and research experience in China and the Asia-Pacific region. This book is a reliable and essential source, helpful for policymakers, businesspeople, scholars and students focused on Chinese affairs."
- Assoc. Prof. Dr. Mher Sahakyan, Fulbright Visiting Scholar, School of Advanced International Studies, Johns Hopkins University. Director, China-Eurasia Council for Political and Strategic Research, Armenia.