This chapter examines the use of economic statecraft as a tool of peacemaking in China’s relations with two of its most important great power neighbors: Russia and India.¹ As is well known in the realist tradition of international relations, power—especially on one’s border—constitutes a potential threat. Such fears are well grounded in China’s historical experience. In fact, throughout its long history, the periphery of China has frequently been the source of external invasions and conquest. China’s contested peripheral boundaries provide fertile hunting ground for exploring peacemaking efforts.
The overarching inquiry motivating this book is how economic statecraft can