According to Paola Subacchi:
for two decades, Sino-Western integration powered the global economy and seemed to foster greater geopolitical stability. But now that China has moved well beyond being a mere exporter of low-cost labor-intensive garments and electronics, both the economics and the politics of its rise have fundamentally changed.
Paola Subacchi reviews four books concerning geopolitical stakes, lockdowns, financial innovation and the internationalisation of the renminbi, the Chinese currency:
Martin Chorzempa, The Cashless Revolution: China’s Reinvention of Money and the End of America’s Domination of Finance and Technology, PublicAffairs, 2022.
Edwin L.-C. Lai, One Currency, Two Markets: China’s Attempt to Internationalize the Renminbi, Cambridge University Press, 2021.
Andrew Small, The Rupture: China and the Global Race for the Future, Hurst Publishers, 2022.
Paul Tucker, Global Discord: Values and Power in a Fractured World Order, Princeton University Press, 2022.
Her full article is available at PS Global Bookmark.
You may also be interested in the following CONVIVIUM article:
Chen, Ding, Deakin, Simon, Johnston, Andrew and Wang, Boya. "Too Much Technology and Too Little Regulation? The Spectacular Demise of P2P Lending in China" Accounting, Economics, and Law: A Convivium, 2021. https://doi.org/10.1515/ael-2021-0056