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This works not just because of competition, and even less because of material incentives.
FORBES
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One is material incentives, and that includes, obviously, not just money but, you know, all sorts of material sanctions.
FORBES: Magazine Article
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There is no question China and many of its close neighbors in Asia are experiencing a period of unprecedented material prosperity, and the incentives to continue along that path will certainly influence political diplomacy.
FORBES: China Turns Attention To Military As Economy Cools
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The U.S. and its allies are seeking to gain Iran's willingness to suspend its production of near weapons-grade nuclear material at its uranium-enrichment sites in return for economic incentives.
WSJ: Iran Says It Is Set for Nuclear Talks, but West Is Skeptical