Author: Jeff J. Brown
Publisher: Punto Press Publishing
ISBN:
Category : History
Languages : en
Pages : 515
Book Description
CHINA RISING, the latest book by the author of 44 Days Backpacking in China: The Middle Kingdom in the 21st Century, with the United States, Europe and the Fate of the World in Its Looking Glass, one of the most engaging political travelogues in recent memory, is a comprehensive, absorbing, eye-opening guide to China in the 21st century, a volume which in 700 pp packs it all: history, personal memory, sociology, political analysis. and above all a fair dose of invaluable first-hand information designed to detoxify the Western reader's mind from the constant lies served by the Western media in support of Washington's global imperial agenda. The result is a thorough rectification, a "deprogramming" of just about everything we, as Westerners, have been "taught" to believe about China, allowing us to see the Chinese people and their leaders as they really are—ordinary human beings just like us with dreams, foibles, defects and a proud history extending millennia, a people that in a century have overcome just about every scourge known to man: famines, massive drug addiction, civil wars, invasions, grinding poverty and humiliation, to become one of the great powers of this century, perhaps the greatest, and which today, much as a result of its success, is facing the undying hostility of the world's hegemon, the United States, itching for a confrontation to reassert imperial control. It is thus indispensable for Westerners and Asians to know the truth of the situation, what their governments are doing (led by the USA) behind their backs, if the planet is to be spared a nuclear conflict of incalculable horror.. For, as Brown indicates, China will not back down this time, and neither will Russia, her strategic ally, who faces the same type of constant harassment and bullying by the West, also for having the audacity to defend her sovereignty and set her own foreign policy course. The truth therefore must come out about key events, from the so-called "Tiananmen Massacre", organized by the CIA, to who Mao Zedong really was and did, a role for which he earned the love of his countrymen to this day. It's a big job, but the author, an American fluent in Chinese, a teacher by profession, and with 15 years residence in the Middle Kingdom, and a cosmopolitan background, is eminently qualified to meet the task. Andre Vltchek, himself a truth-teller of distinction, and a man who, like Jeff Brown knows China well, has endorsed CHINA RISING as a unique instrument of mind liberation. Vltchek words are worth heeding: "The Western public should learn and remember one essential thing about China: no matter what European and North American propaganda barks about the People’s Republic, China is much more “democratic” than the West. It is democratic in its own way. For thousands of years, it developed its own political system. Its rulers, no matter who they are, are given a conditional right to govern by the people. In the past, but even now it is called a “Heavenly Mandate”. If the rulers fail to respect the will of the people, they get deposed. And the Communist Party of China is greatly respectful of the desires of the majority of the Chinese people. When they want liberal reforms, they are delivered. When they want more Communism and an epic fight against corruption, like now, China’s government immediately reacts. It is powerful and democratic, although it is a very specific and complex arrangement. And now, the Chinese people are outraged and they are sending clear signals to Beijing: “do not succumb to the West.” “If you do, our nation will suffer immensely, and the rest of the world will turn to ashes.” The fate of the world hangs in the balance and only truth can prevent a global catastrophe.
China Rising: Capitalist Roads, Socialist Destinations
Author: Jeff J. Brown
Publisher: Punto Press Publishing
ISBN:
Category : History
Languages : en
Pages : 515
Book Description
CHINA RISING, the latest book by the author of 44 Days Backpacking in China: The Middle Kingdom in the 21st Century, with the United States, Europe and the Fate of the World in Its Looking Glass, one of the most engaging political travelogues in recent memory, is a comprehensive, absorbing, eye-opening guide to China in the 21st century, a volume which in 700 pp packs it all: history, personal memory, sociology, political analysis. and above all a fair dose of invaluable first-hand information designed to detoxify the Western reader's mind from the constant lies served by the Western media in support of Washington's global imperial agenda. The result is a thorough rectification, a "deprogramming" of just about everything we, as Westerners, have been "taught" to believe about China, allowing us to see the Chinese people and their leaders as they really are—ordinary human beings just like us with dreams, foibles, defects and a proud history extending millennia, a people that in a century have overcome just about every scourge known to man: famines, massive drug addiction, civil wars, invasions, grinding poverty and humiliation, to become one of the great powers of this century, perhaps the greatest, and which today, much as a result of its success, is facing the undying hostility of the world's hegemon, the United States, itching for a confrontation to reassert imperial control. It is thus indispensable for Westerners and Asians to know the truth of the situation, what their governments are doing (led by the USA) behind their backs, if the planet is to be spared a nuclear conflict of incalculable horror.. For, as Brown indicates, China will not back down this time, and neither will Russia, her strategic ally, who faces the same type of constant harassment and bullying by the West, also for having the audacity to defend her sovereignty and set her own foreign policy course. The truth therefore must come out about key events, from the so-called "Tiananmen Massacre", organized by the CIA, to who Mao Zedong really was and did, a role for which he earned the love of his countrymen to this day. It's a big job, but the author, an American fluent in Chinese, a teacher by profession, and with 15 years residence in the Middle Kingdom, and a cosmopolitan background, is eminently qualified to meet the task. Andre Vltchek, himself a truth-teller of distinction, and a man who, like Jeff Brown knows China well, has endorsed CHINA RISING as a unique instrument of mind liberation. Vltchek words are worth heeding: "The Western public should learn and remember one essential thing about China: no matter what European and North American propaganda barks about the People’s Republic, China is much more “democratic” than the West. It is democratic in its own way. For thousands of years, it developed its own political system. Its rulers, no matter who they are, are given a conditional right to govern by the people. In the past, but even now it is called a “Heavenly Mandate”. If the rulers fail to respect the will of the people, they get deposed. And the Communist Party of China is greatly respectful of the desires of the majority of the Chinese people. When they want liberal reforms, they are delivered. When they want more Communism and an epic fight against corruption, like now, China’s government immediately reacts. It is powerful and democratic, although it is a very specific and complex arrangement. And now, the Chinese people are outraged and they are sending clear signals to Beijing: “do not succumb to the West.” “If you do, our nation will suffer immensely, and the rest of the world will turn to ashes.” The fate of the world hangs in the balance and only truth can prevent a global catastrophe.
Publisher: Punto Press Publishing
ISBN:
Category : History
Languages : en
Pages : 515
Book Description
CHINA RISING, the latest book by the author of 44 Days Backpacking in China: The Middle Kingdom in the 21st Century, with the United States, Europe and the Fate of the World in Its Looking Glass, one of the most engaging political travelogues in recent memory, is a comprehensive, absorbing, eye-opening guide to China in the 21st century, a volume which in 700 pp packs it all: history, personal memory, sociology, political analysis. and above all a fair dose of invaluable first-hand information designed to detoxify the Western reader's mind from the constant lies served by the Western media in support of Washington's global imperial agenda. The result is a thorough rectification, a "deprogramming" of just about everything we, as Westerners, have been "taught" to believe about China, allowing us to see the Chinese people and their leaders as they really are—ordinary human beings just like us with dreams, foibles, defects and a proud history extending millennia, a people that in a century have overcome just about every scourge known to man: famines, massive drug addiction, civil wars, invasions, grinding poverty and humiliation, to become one of the great powers of this century, perhaps the greatest, and which today, much as a result of its success, is facing the undying hostility of the world's hegemon, the United States, itching for a confrontation to reassert imperial control. It is thus indispensable for Westerners and Asians to know the truth of the situation, what their governments are doing (led by the USA) behind their backs, if the planet is to be spared a nuclear conflict of incalculable horror.. For, as Brown indicates, China will not back down this time, and neither will Russia, her strategic ally, who faces the same type of constant harassment and bullying by the West, also for having the audacity to defend her sovereignty and set her own foreign policy course. The truth therefore must come out about key events, from the so-called "Tiananmen Massacre", organized by the CIA, to who Mao Zedong really was and did, a role for which he earned the love of his countrymen to this day. It's a big job, but the author, an American fluent in Chinese, a teacher by profession, and with 15 years residence in the Middle Kingdom, and a cosmopolitan background, is eminently qualified to meet the task. Andre Vltchek, himself a truth-teller of distinction, and a man who, like Jeff Brown knows China well, has endorsed CHINA RISING as a unique instrument of mind liberation. Vltchek words are worth heeding: "The Western public should learn and remember one essential thing about China: no matter what European and North American propaganda barks about the People’s Republic, China is much more “democratic” than the West. It is democratic in its own way. For thousands of years, it developed its own political system. Its rulers, no matter who they are, are given a conditional right to govern by the people. In the past, but even now it is called a “Heavenly Mandate”. If the rulers fail to respect the will of the people, they get deposed. And the Communist Party of China is greatly respectful of the desires of the majority of the Chinese people. When they want liberal reforms, they are delivered. When they want more Communism and an epic fight against corruption, like now, China’s government immediately reacts. It is powerful and democratic, although it is a very specific and complex arrangement. And now, the Chinese people are outraged and they are sending clear signals to Beijing: “do not succumb to the West.” “If you do, our nation will suffer immensely, and the rest of the world will turn to ashes.” The fate of the world hangs in the balance and only truth can prevent a global catastrophe.
When China Sneezes
Author: Cynthia McKinney
Publisher: SCB Distributors
ISBN: 1949762254
Category : Political Science
Languages : en
Pages : 343
Book Description
The 2019 novel Corona Virus, now COVID-19, stole global headlines in the opening months of 2020, and its many impacts are still to play out. The common adage, “If the US sneezes, the world catches a cold” is now demonstrable in a multiplicity of ways, but it is China that has sneezed. This anthology provides insight into the nature of global pandemics such as SARS, MERS, Ebola and HIV/AIDs, then focuses on Wuhan, where COVID-19 broke out -- though patient zero is as yet unknown. It examines the massive effort that China has undertaken since the outbreak to contain its spread, and includes personal stories of the first lockdown experiences. But the impact may be even more grave on the global economy than it is on global health. National and international analysts address the economic impact both within China’s industrial heartland and on global business, as borders close, entire regions are on lockdown, world airlines cancel flights, major US corporations in China shut their doors, factory floors empty. and global supply chains break down, millions lose their jobs and small businesses tank.. Stocks and the prices of gold and oil are impacted. Soon after the COVID-19 outbreak was announced and the extraordinary quarantine response by China was effected, it was learned that Event 201, a global coronavirus pandemic simulation was held just months earlier, in which a global coronavirus pandemic killed 65 million people. Many questions arise concerning BIg Pharma's push for vaccines, and the mainstream dismissal of the possibility of alternative treatments such as HCQ. Other disturbing questions have arisen: Has the disruption been overblown to inflict damage on China as part of a trade war? On the United States, which faces massive damage to its economy in the midst of an increasingly bitter political divide? What are the biowarfare implications –in the Wuhan instance, where China’s first BSL-4 level laboratory is situated, or in the future in general, given the spread of BSL-4 level laboratories worldwide and most extensively the US, as states and private entities conduct research into germ warfare, including the use of bat-generated viruses, for both offensive and defensive purposes, putting the entire world at risk of accidental leakage or worse? Is this truly a pandemic -- or is it a plandemic, and if so, to what end? What are the likely consequences, intended and not.
Publisher: SCB Distributors
ISBN: 1949762254
Category : Political Science
Languages : en
Pages : 343
Book Description
The 2019 novel Corona Virus, now COVID-19, stole global headlines in the opening months of 2020, and its many impacts are still to play out. The common adage, “If the US sneezes, the world catches a cold” is now demonstrable in a multiplicity of ways, but it is China that has sneezed. This anthology provides insight into the nature of global pandemics such as SARS, MERS, Ebola and HIV/AIDs, then focuses on Wuhan, where COVID-19 broke out -- though patient zero is as yet unknown. It examines the massive effort that China has undertaken since the outbreak to contain its spread, and includes personal stories of the first lockdown experiences. But the impact may be even more grave on the global economy than it is on global health. National and international analysts address the economic impact both within China’s industrial heartland and on global business, as borders close, entire regions are on lockdown, world airlines cancel flights, major US corporations in China shut their doors, factory floors empty. and global supply chains break down, millions lose their jobs and small businesses tank.. Stocks and the prices of gold and oil are impacted. Soon after the COVID-19 outbreak was announced and the extraordinary quarantine response by China was effected, it was learned that Event 201, a global coronavirus pandemic simulation was held just months earlier, in which a global coronavirus pandemic killed 65 million people. Many questions arise concerning BIg Pharma's push for vaccines, and the mainstream dismissal of the possibility of alternative treatments such as HCQ. Other disturbing questions have arisen: Has the disruption been overblown to inflict damage on China as part of a trade war? On the United States, which faces massive damage to its economy in the midst of an increasingly bitter political divide? What are the biowarfare implications –in the Wuhan instance, where China’s first BSL-4 level laboratory is situated, or in the future in general, given the spread of BSL-4 level laboratories worldwide and most extensively the US, as states and private entities conduct research into germ warfare, including the use of bat-generated viruses, for both offensive and defensive purposes, putting the entire world at risk of accidental leakage or worse? Is this truly a pandemic -- or is it a plandemic, and if so, to what end? What are the likely consequences, intended and not.
The Postcolonial Millennium
Author: Mohammad A. Quayum
Publisher: Taylor & Francis
ISBN: 1040012140
Category : Political Science
Languages : en
Pages : 189
Book Description
This book comprises a collection of essays that address a significant gap in the study of Malaysian Literature in English by exploring selected local and diasporic writings produced in the new postcolonial millennium, including works by established, emerging, and new writers. The literary developments in this new millennium have been substantial and are reflected in the production of new voices, viewpoints, themes, trends, styles, and forms. By articulating these changing postcolonial perspectives and conditions, the chapters in this volume can inform and enrich the study of nation, society, and culture in a globalized and hyperreal age. Tapping into the difference, diversity, and hybridity of 21st-century historicized and glocalized multicultural Malaysia, the millennium writings explore the changing identities and relations and their social, cultural, and political dimensions through the intersections of race, gender, sexuality, and class. By examining new, different, or changing ideas, forms, themes, and representations, this book considers the vital ways the millennium voices and viewpoints can potentially help us critically rethink and resituate postcolonial studies on Malaysia as they spotlight challenges and new directions in the field. The book will be of interest to researchers, academics, and scholars in the field of Malaysian writing in English, Southeast Asian literature, Asian literature, diaspora, and literary studies. The chapters in the book were originally published as a special issue in the Journal of Postcolonial Writing.
Publisher: Taylor & Francis
ISBN: 1040012140
Category : Political Science
Languages : en
Pages : 189
Book Description
This book comprises a collection of essays that address a significant gap in the study of Malaysian Literature in English by exploring selected local and diasporic writings produced in the new postcolonial millennium, including works by established, emerging, and new writers. The literary developments in this new millennium have been substantial and are reflected in the production of new voices, viewpoints, themes, trends, styles, and forms. By articulating these changing postcolonial perspectives and conditions, the chapters in this volume can inform and enrich the study of nation, society, and culture in a globalized and hyperreal age. Tapping into the difference, diversity, and hybridity of 21st-century historicized and glocalized multicultural Malaysia, the millennium writings explore the changing identities and relations and their social, cultural, and political dimensions through the intersections of race, gender, sexuality, and class. By examining new, different, or changing ideas, forms, themes, and representations, this book considers the vital ways the millennium voices and viewpoints can potentially help us critically rethink and resituate postcolonial studies on Malaysia as they spotlight challenges and new directions in the field. The book will be of interest to researchers, academics, and scholars in the field of Malaysian writing in English, Southeast Asian literature, Asian literature, diaspora, and literary studies. The chapters in the book were originally published as a special issue in the Journal of Postcolonial Writing.
BIG Red Book on China
Author: Jeff J. Brown
Publisher: 44 Days Publishing
ISBN:
Category : History
Languages : en
Pages : 1
Book Description
A detailed survey of China’s long economic and civilizational history, up to current events, especially vis-à-vis the West, serving as an A-Z reference book on all aspects of Chinese culture, language, art, governance, geopolitics, economy, science, technology, invention, innovation, infrastructure, travel and society, with many personal anecdotal experiences of living and working 16 years with the Chinese people.
Publisher: 44 Days Publishing
ISBN:
Category : History
Languages : en
Pages : 1
Book Description
A detailed survey of China’s long economic and civilizational history, up to current events, especially vis-à-vis the West, serving as an A-Z reference book on all aspects of Chinese culture, language, art, governance, geopolitics, economy, science, technology, invention, innovation, infrastructure, travel and society, with many personal anecdotal experiences of living and working 16 years with the Chinese people.
2050 China
Author: Angang Hu
Publisher: Springer Nature
ISBN: 9811598339
Category : Political Science
Languages : en
Pages : 108
Book Description
This book is open access under a CC BY-NC-ND 4.0 license. This book is arranged and developed around the theme of “2050 China,” it analyzes the factors and advantages of the Chinese road to socialist modernization, explores and summarizes the development goal and the basic logic of the socialist modernization of China, and further shows the general basis of the primary stage of socialism. According to the report delivered at the 19th Party Congress, and according to the “two-stage” strategic plan, this book looks ahead in detail to the overarching objective and sub-objectives of essentially achieving socialist modernization by 2035, discusses the building of a great modern socialist country in all respects from the perspective of the Party’s six-sphere integrated plan of economic, political, cultural, social, ecological civilization, and national defense construction, and provides policy proposals. This book also analyzes the influence and the effect of the socialist modernization with Chinese characteristics on the world and it further presents the third centenary goal. In conclusion, this book is an elaboration of the work of the Institute for Contemporary China Studies, Tsinghua University. It reflects the intellectual innovation in the authors’ research on contemporary China, as well as the authors’ foresight and predictions about China’s future development.
Publisher: Springer Nature
ISBN: 9811598339
Category : Political Science
Languages : en
Pages : 108
Book Description
This book is open access under a CC BY-NC-ND 4.0 license. This book is arranged and developed around the theme of “2050 China,” it analyzes the factors and advantages of the Chinese road to socialist modernization, explores and summarizes the development goal and the basic logic of the socialist modernization of China, and further shows the general basis of the primary stage of socialism. According to the report delivered at the 19th Party Congress, and according to the “two-stage” strategic plan, this book looks ahead in detail to the overarching objective and sub-objectives of essentially achieving socialist modernization by 2035, discusses the building of a great modern socialist country in all respects from the perspective of the Party’s six-sphere integrated plan of economic, political, cultural, social, ecological civilization, and national defense construction, and provides policy proposals. This book also analyzes the influence and the effect of the socialist modernization with Chinese characteristics on the world and it further presents the third centenary goal. In conclusion, this book is an elaboration of the work of the Institute for Contemporary China Studies, Tsinghua University. It reflects the intellectual innovation in the authors’ research on contemporary China, as well as the authors’ foresight and predictions about China’s future development.
44 Days Backpacking in China
Author: Jeff J. Brown
Publisher: Createspace Independent Publishing Platform
ISBN: 9781484939994
Category : China
Languages : en
Pages : 0
Book Description
"An intimate social, cultural and political look into historical and modern China, while comparing these observations to the history and current trends of the United States and Europe."--Provided by publisher.
Publisher: Createspace Independent Publishing Platform
ISBN: 9781484939994
Category : China
Languages : en
Pages : 0
Book Description
"An intimate social, cultural and political look into historical and modern China, while comparing these observations to the history and current trends of the United States and Europe."--Provided by publisher.
The Rise of China and the Demise of the Capitalist World Economy
Author: Minqi Li
Publisher: NYU Press
ISBN: 158367182X
Category : Business & Economics
Languages : en
Pages : 229
Book Description
In recent years, China has become a major actor in the global economy, making a remarkable switch from a planned and egalitarian socialism to a simultaneously wide-open and tightly controlled market economy. Against the establishment wisdom, Minqi Li argues in this provocative and startling book that far from strengthening capitalism, China’s full integration into the world capitalist system will, in fact and in the not too distant future, bring about its demise. The author tells us that historically the spread and growth of capitalist economies has required low wages, taxation, and environmental costs, as well as a hegemonic nation to prevent international competition from eroding these requirements. With the decline of the economic power of the United States, its current hegemonic role will deteriorate and the unprecedented growth of China will so erode the foundations of capital accumulation—by pushing wages and environmental costs up, for example—that the entire capitalist system will be shaken to its core. This is essential reading for those who still believe that there is no alternative.
Publisher: NYU Press
ISBN: 158367182X
Category : Business & Economics
Languages : en
Pages : 229
Book Description
In recent years, China has become a major actor in the global economy, making a remarkable switch from a planned and egalitarian socialism to a simultaneously wide-open and tightly controlled market economy. Against the establishment wisdom, Minqi Li argues in this provocative and startling book that far from strengthening capitalism, China’s full integration into the world capitalist system will, in fact and in the not too distant future, bring about its demise. The author tells us that historically the spread and growth of capitalist economies has required low wages, taxation, and environmental costs, as well as a hegemonic nation to prevent international competition from eroding these requirements. With the decline of the economic power of the United States, its current hegemonic role will deteriorate and the unprecedented growth of China will so erode the foundations of capital accumulation—by pushing wages and environmental costs up, for example—that the entire capitalist system will be shaken to its core. This is essential reading for those who still believe that there is no alternative.
China’s Grand Strategy
Author: Andrew Scobell
Publisher: Rand Corporation
ISBN: 1977404200
Category : History
Languages : en
Pages : 155
Book Description
To explore what extended competition between the United States and China might entail out to 2050, the authors of this report identified and characterized China’s grand strategy, analyzed its component national strategies (diplomacy, economics, science and technology, and military affairs), and assessed how successful China might be at implementing these over the next three decades.
Publisher: Rand Corporation
ISBN: 1977404200
Category : History
Languages : en
Pages : 155
Book Description
To explore what extended competition between the United States and China might entail out to 2050, the authors of this report identified and characterized China’s grand strategy, analyzed its component national strategies (diplomacy, economics, science and technology, and military affairs), and assessed how successful China might be at implementing these over the next three decades.
China's Economic Rise
Author: Congressional Research Service
Publisher: Createspace Independent Publishing Platform
ISBN: 9781976466953
Category :
Languages : en
Pages : 52
Book Description
Prior to the initiation of economic reforms and trade liberalization 36 years ago, China maintained policies that kept the economy very poor, stagnant, centrally-controlled, vastly inefficient, and relatively isolated from the global economy. Since opening up to foreign trade and investment and implementing free market reforms in 1979, China has been among the world's fastest-growing economies, with real annual gross domestic product (GDP) growth averaging nearly 10% through 2016. In recent years, China has emerged as a major global economic power. It is now the world's largest economy (on a purchasing power parity basis), manufacturer, merchandise trader, and holder of foreign exchange reserves.The global economic crisis that began in 2008 greatly affected China's economy. China's exports, imports, and foreign direct investment (FDI) inflows declined, GDP growth slowed, and millions of Chinese workers reportedly lost their jobs. The Chinese government responded by implementing a $586 billion economic stimulus package and loosening monetary policies to increase bank lending. Such policies enabled China to effectively weather the effects of the sharp global fall in demand for Chinese products, but may have contributed to overcapacity in several industries and increased debt by Chinese firms and local government. China's economy has slowed in recent years. Real GDP growth has slowed in each of the past six years, dropping from 10.6% in 2010 to 6.7% in 2016, and is projected to slow to 5.7% by 2022.The Chinese government has attempted to steer the economy to a "new normal" of slower, but more stable and sustainable, economic growth. Yet, concerns have deepened in recent years over the health of the Chinese economy. On August 11, 2015, the Chinese government announced that the daily reference rate of the renminbi (RMB) would become more "market-oriented." Over the next three days, the RMB depreciated against the dollar and led to charges that China's goal was to boost exports to help stimulate the economy (which some suspect is in worse shape than indicated by official Chinese economic statistics). Concerns over the state of the Chinese economy appear to have often contributed to volatility in global stock indexes in recent years.The ability of China to maintain a rapidly growing economy in the long run will likely depend largely on the ability of the Chinese government to implement comprehensive economic reforms that more quickly hasten China's transition to a free market economy; rebalance the Chinese economy by making consumer demand, rather than exporting and fixed investment, the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection. The Chinese government has acknowledged that its current economic growth model needs to be altered and has announced several initiatives to address various economic challenges. In November 2013, the Communist Party of China held the Third Plenum of its 18th Party Congress, which outlined a number of broad policy reforms to boost competition and economic efficiency. For example, the communique stated that the market would now play a "decisive" role in allocating resources in the economy. At the same time, however, the communique emphasized the continued important role of the state sector in China's economy. In addition, many foreign firms have complained that the business climate in China has worsened in recent years. Thus, it remains unclear how committed the Chinese government is to implementing new comprehensive economic reforms.China's economic rise has significant implications for the United States and hence is of major interest to Congress. This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise.
Publisher: Createspace Independent Publishing Platform
ISBN: 9781976466953
Category :
Languages : en
Pages : 52
Book Description
Prior to the initiation of economic reforms and trade liberalization 36 years ago, China maintained policies that kept the economy very poor, stagnant, centrally-controlled, vastly inefficient, and relatively isolated from the global economy. Since opening up to foreign trade and investment and implementing free market reforms in 1979, China has been among the world's fastest-growing economies, with real annual gross domestic product (GDP) growth averaging nearly 10% through 2016. In recent years, China has emerged as a major global economic power. It is now the world's largest economy (on a purchasing power parity basis), manufacturer, merchandise trader, and holder of foreign exchange reserves.The global economic crisis that began in 2008 greatly affected China's economy. China's exports, imports, and foreign direct investment (FDI) inflows declined, GDP growth slowed, and millions of Chinese workers reportedly lost their jobs. The Chinese government responded by implementing a $586 billion economic stimulus package and loosening monetary policies to increase bank lending. Such policies enabled China to effectively weather the effects of the sharp global fall in demand for Chinese products, but may have contributed to overcapacity in several industries and increased debt by Chinese firms and local government. China's economy has slowed in recent years. Real GDP growth has slowed in each of the past six years, dropping from 10.6% in 2010 to 6.7% in 2016, and is projected to slow to 5.7% by 2022.The Chinese government has attempted to steer the economy to a "new normal" of slower, but more stable and sustainable, economic growth. Yet, concerns have deepened in recent years over the health of the Chinese economy. On August 11, 2015, the Chinese government announced that the daily reference rate of the renminbi (RMB) would become more "market-oriented." Over the next three days, the RMB depreciated against the dollar and led to charges that China's goal was to boost exports to help stimulate the economy (which some suspect is in worse shape than indicated by official Chinese economic statistics). Concerns over the state of the Chinese economy appear to have often contributed to volatility in global stock indexes in recent years.The ability of China to maintain a rapidly growing economy in the long run will likely depend largely on the ability of the Chinese government to implement comprehensive economic reforms that more quickly hasten China's transition to a free market economy; rebalance the Chinese economy by making consumer demand, rather than exporting and fixed investment, the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection. The Chinese government has acknowledged that its current economic growth model needs to be altered and has announced several initiatives to address various economic challenges. In November 2013, the Communist Party of China held the Third Plenum of its 18th Party Congress, which outlined a number of broad policy reforms to boost competition and economic efficiency. For example, the communique stated that the market would now play a "decisive" role in allocating resources in the economy. At the same time, however, the communique emphasized the continued important role of the state sector in China's economy. In addition, many foreign firms have complained that the business climate in China has worsened in recent years. Thus, it remains unclear how committed the Chinese government is to implementing new comprehensive economic reforms.China's economic rise has significant implications for the United States and hence is of major interest to Congress. This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise.
The Long Game
Author: Rush Doshi
Publisher: Oxford University Press
ISBN: 0197527876
Category : Political Science
Languages : en
Pages : 433
Book Description
For more than a century, no US adversary or coalition of adversaries - not Nazi Germany, Imperial Japan, or the Soviet Union - has ever reached sixty percent of US GDP. China is the sole exception, and it is fast emerging into a global superpower that could rival, if not eclipse, the United States. What does China want, does it have a grand strategy to achieve it, and what should the United States do about it? In The Long Game, Rush Doshi draws from a rich base of Chinese primary sources, including decades worth of party documents, leaked materials, memoirs by party leaders, and a careful analysis of China's conduct to provide a history of China's grand strategy since the end of the Cold War. Taking readers behind the Party's closed doors, he uncovers Beijing's long, methodical game to displace America from its hegemonic position in both the East Asia regional and global orders through three sequential "strategies of displacement." Beginning in the 1980s, China focused for two decades on "hiding capabilities and biding time." After the 2008 Global Financial Crisis, it became more assertive regionally, following a policy of "actively accomplishing something." Finally, in the aftermath populist elections of 2016, China shifted to an even more aggressive strategy for undermining US hegemony, adopting the phrase "great changes unseen in century." After charting how China's long game has evolved, Doshi offers a comprehensive yet asymmetric plan for an effective US response. Ironically, his proposed approach takes a page from Beijing's own strategic playbook to undermine China's ambitions and strengthen American order without competing dollar-for-dollar, ship-for-ship, or loan-for-loan.
Publisher: Oxford University Press
ISBN: 0197527876
Category : Political Science
Languages : en
Pages : 433
Book Description
For more than a century, no US adversary or coalition of adversaries - not Nazi Germany, Imperial Japan, or the Soviet Union - has ever reached sixty percent of US GDP. China is the sole exception, and it is fast emerging into a global superpower that could rival, if not eclipse, the United States. What does China want, does it have a grand strategy to achieve it, and what should the United States do about it? In The Long Game, Rush Doshi draws from a rich base of Chinese primary sources, including decades worth of party documents, leaked materials, memoirs by party leaders, and a careful analysis of China's conduct to provide a history of China's grand strategy since the end of the Cold War. Taking readers behind the Party's closed doors, he uncovers Beijing's long, methodical game to displace America from its hegemonic position in both the East Asia regional and global orders through three sequential "strategies of displacement." Beginning in the 1980s, China focused for two decades on "hiding capabilities and biding time." After the 2008 Global Financial Crisis, it became more assertive regionally, following a policy of "actively accomplishing something." Finally, in the aftermath populist elections of 2016, China shifted to an even more aggressive strategy for undermining US hegemony, adopting the phrase "great changes unseen in century." After charting how China's long game has evolved, Doshi offers a comprehensive yet asymmetric plan for an effective US response. Ironically, his proposed approach takes a page from Beijing's own strategic playbook to undermine China's ambitions and strengthen American order without competing dollar-for-dollar, ship-for-ship, or loan-for-loan.