
335 | America's Pacific Power Paradox and the Roots of Asia's Instability with Van Jackson
The Realignment
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The Political Economy of American Hegemony
China's belligerent foreign policy comes from a stoking ethno nationalism, he says. China is chief among those who exports capital profits into America to finance U.S. military build-ups. That creates imbalances that lead to financial crises, which make foreign governments vulnerable and then therefore need Chinese capital. The way to de-center China is to focus on the structure of Asian security other than China - Liu: "That will empower workers in China relative to oligarchs"
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