Current Publications
Malaysia’s Hedging Strategy Towards China Under Mahathir Mohamad (2018–2020): Direct Engagement, Limited Balancing, and Limited Bandwagoning
- Author(s)
- Alfred Gerstl
- Abstract
To mitigate the risks and maximise the opportunities arising from China’s great power behaviour, Malaysia employed a hedging strategy during Mahathir Mohamad’s second term as prime minister. From 2018 until 2020, the middle power Malaysia applied direct engagement and elements of limited balancing and limited bandwagoning in a flexible yet consistent manner. Neither China’s Belt and Road Initiative (BRI) nor its actions in the South China Sea caused a sea change in Malaysia’s hedging strategy. Crucially, the policies towards China were embedded in omnidirectional, friendly, and well-balanced relations with the United States, Japan, and the Association of Southeast Asian Nations (ASEAN). Theoretically, this contribution applies an updated concept of hedging, initially introduced by Cheng-Chwee Kuik. As an important innovation, it adds a specific component to assess the perceptions of the political leader(s) of risks and opportunities related to the hedging target as well as the strategic value of potential balancing partners.
- Organisation(s)
- Department of East Asian Studies
- Journal
- Journal of Current Chinese Affairs
- Volume
- 49
- Pages
- 106-131
- No. of pages
- 26
- DOI
- https://doi.org/10.1177/1868102620964219
- Publication date
- 12-2020
- Peer reviewed
- Yes
- Austrian Fields of Science 2012
- 506007 International relations
- Keywords
- ASJC Scopus subject areas
- Economics, Econometrics and Finance(all), Political Science and International Relations, Sociology and Political Science
- Portal url
- https://ucrisportal.univie.ac.at/en/publications/87be8aa1-4d4e-467f-9198-b2afdf5dbaa1