Interstate Politics,Weaponized Interdependences,and Supply Chain Security of China:An Empirical Study from Micro Enterprises
With the turbulence in the international situation and the restructuring of the international division system,the security of China's supply chain has become a critical issue.However,more literature is needed to investigate the impact of interstate political relations on the security of China's supply chain.Using the global supplier data of Chinese enterprises in 2003-2022 from the FactSet Revere database,this paper measures horizontal and vertical supply chain security indicators and empirically investigates the impact and mechanisms of interstate politics on the security of China's supply chains from the perspective of the international political economy.The results show that differences in bilateral diplomatic stances pose a significant threat to the security of Chinese enterprises'supply chains,particularly for Chinese state-owned enterprises.The mechanism is that the mounting diplomatic disagreements prompt relevant countries to weaponize their trade interdependence,thereby imposing trade policies against China and impacting the security of China's supply chains.This research provides critical insights into the implications of the evolving international political environment for China's economic security.
Interstate politicsWeaponized InterdependencesSupply chain securityEmpirical research