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Author: John Wong
Publisher: World Scientific
ISBN: 9812775455
Category : Political Science
Languages : en
Pages : 77
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Book Description
With the new team of Chinese leaders at the helm following the successful hosting of the 16th Party Congress in November 2002, the attention of China''s scholars has now shifted to the raft of challenges that await the new leadership. In the economic realm, there is unlikely to be any sharp changes in the direction of economic policy-making although the leadership faces a number of daunting issues, such as rising urban unemployment, potential rural unrest and the huge debt burden of state banks.In the political arena, power succession has only just begun even though leadership transition is almost complete. Jiang Zemin remains highly influential in his capacity as Chairman of the Central Military Commission. It is however unclear how the working relationship among the triumvirate Hu Jintao, Zeng Qinghong and Wen Jiabao will unfold. The jury is still out whether Hu Jintao can provide the leadership and vision to deal head-on with a number of burning issues, like corruption and the need for political reform.
Author: John Wong
Publisher: World Scientific
ISBN: 9812775455
Category : Political Science
Languages : en
Pages : 77
Get Book Here
Book Description
With the new team of Chinese leaders at the helm following the successful hosting of the 16th Party Congress in November 2002, the attention of China''s scholars has now shifted to the raft of challenges that await the new leadership. In the economic realm, there is unlikely to be any sharp changes in the direction of economic policy-making although the leadership faces a number of daunting issues, such as rising urban unemployment, potential rural unrest and the huge debt burden of state banks.In the political arena, power succession has only just begun even though leadership transition is almost complete. Jiang Zemin remains highly influential in his capacity as Chairman of the Central Military Commission. It is however unclear how the working relationship among the triumvirate Hu Jintao, Zeng Qinghong and Wen Jiabao will unfold. The jury is still out whether Hu Jintao can provide the leadership and vision to deal head-on with a number of burning issues, like corruption and the need for political reform.
Author: John Wong
Publisher: World Scientific
ISBN: 9789810247249
Category : Social Science
Languages : en
Pages : 52
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Book Description
At the beginning of the new century, China's leadership is preparing the ground for a smooth transfer of power from the third generation to the fourth generation leaders. Politicking among different factions has intensified as top leaders who are slated to step down after the 16th National Party Congress in 2002 jockey to put their imprint on the new power configuration.How have President Jiang Zemin and Premier Zhu Rongji dealt with the leadership succession while at the same time keeping an eye on the economy? What kind of power-sharing will be brokered among the different factions? Are the fourth generation leaders ready to take over the reins of power? And will China be able to maintain high growth even as it goes through this period of power transition? The articles in this publication address those issues.
Author: Henry M. Paulson
Publisher: Hachette+ORM
ISBN: 145550422X
Category : Business & Economics
Languages : en
Pages : 486
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Book Description
The New York Times bestselling author of Dealing with China takes the reader behind closed doors to witness the creation and evolution and future of China's state-controlled capitalism. Hank Paulson has dealt with China unlike any other foreigner. As head of Goldman Sachs, Paulson had a pivotal role in opening up China to private enterprise. Then, as Treasury secretary, he created the Strategic Economic Dialogue with what is now the world's second-largest economy. He negotiated with China on needed economic reforms, while safeguarding the teetering U.S. financial system. Over his career, Paulson has worked with scores of top Chinese leaders, including Xi Jinping, China's most powerful man in decades. In Dealing with China, Paulson draws on his unprecedented access to modern China's political and business elite, including its three most recent heads of state, to answer several key questions: How did China become an economic superpower so quickly? How does business really get done there? What are the best ways for Western business and political leaders to work with, compete with, and benefit from China? How can the U.S. negotiate with and influence China given its authoritarian rule, its massive environmental concerns, and its huge population's unrelenting demands for economic growth and security? Written in the same anecdote-rich, page-turning style as Paulson's bestselling memoir, On the Brink, Dealing with China is certain to become the classic and definitive examination of how to engage China's leaders as they build their economic superpower.
Author: James R. Gorrie
Publisher: John Wiley & Sons
ISBN: 1118470788
Category : Business & Economics
Languages : en
Pages : 231
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Book Description
A controversial look at the impending Chinese economic collapse—the history behind it, its contemporary causes, and its dire implications for the global economy All the experts agree: the 21st century belongs to China. Given America's looming insolvency and the possibility of the collapse of the U.S. dollar, who can doubt that China is poised to take over the role of economic superpower? Written by political economist and leading financial journalist James Gorrie, this book offers a highly controversial, contrarian view of contemporary China. Drawing upon a wealth of historical and up-to-the-minute data, Gorrie makes a strong case that China, itself, is on the verge of an economic crisis of epic proportions. He explains how, caught in a recurrent boom/bust cycle that has played itself out several times over the past sixty years, China is again approaching total economic and social collapse. But with one important difference this time: they may very well take the entire global economy down with them. Explores the Chinese communist party's unfortunate history of making costly and very bloody mistakes on an enormous scale One-by-one Gorrie analyzes those critical mistakes and explains how they may lead to economic collapse in China and global depression Describes Chinese "cannibal capitalism," and where its massive abuse of the country's environment, people, and arable lands is leading that country and the world economy Chronicles China's history of recurring economic crisis and explains why all the evidence suggests that history is about to repeat itself
Author: William H. Overholt
Publisher: Cambridge University Press
ISBN: 1108389783
Category : Political Science
Languages : en
Pages : 306
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Book Description
China's Crisis of Success provides new perspectives on China's rise to superpower status, showing that China has reached a threshold where success has eliminated the conditions that enabled miraculous growth. Continued success requires re-invention of its economy and politics. The old economic strategy based on exports and infrastructure now piles up debt without producing sustainable economic growth, and Chinese society now resists the disruptive change that enabled earlier reforms. While China's leadership has produced a strategy for successful economic transition, it is struggling to manage the politics of implementing that strategy. After analysing the economics of growth, William H. Overholt explores critical social issues of the transition, notably inequality, corruption, environmental degradation, and globalisation. He argues that Xi Jinping is pursuing the riskiest political strategy of any important national leader. Alternative outcomes include continued impressive growth and political stability, Japanese-style stagnation, and a major political-economic crisis.
Author: John Wong
Publisher: World Scientific
ISBN: 9789810243609
Category : Business & Economics
Languages : en
Pages : 52
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Book Description
With mounting discontent due to widespread unemployment, corruption and misgovernment, the Ninth National People's Congress in March 2000 was a letdown. Significant though was Premier Zhu Rongji's announcement at the Congress of the leadership's decision to go west. While Zhu explained the policy shift as the government's attempt to develop the country's inland regions, many are skeptical, dismissing it as a camouflage for the premier's failure in the reform programmes introduced when he came to power. On the international front, with the US ambivalence in regard to China's WTO accession and China's apparent loss of grip on cross-straits relations, the future of the Jiang leadership appears to be in the balance.Against this background of neiyou waihuan (internal disturbance and external threats), will the Jiang-Zhu coalition be able to rise to the occasion and push through its many reform programmes, let alone retain its hold on power? China After the 2000 National People's Congress, (I) and (II) address this and related questions, giving an in-depth analysis of recent developments and changes in the power relations among China's top leaders, especially the Jiang-Zhu coalition.
Author: Jessica Chen Weiss
Publisher: Oxford University Press, USA
ISBN: 0199387567
Category : Political Science
Languages : en
Pages : 361
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Book Description
Why has the Chinese government sometimes allowed and sometimes repressed nationalist, anti-foreign protests? What have been the international consequences of these choices? Anti-American demonstrations were permitted in 1999 but repressed in 2001 during two crises in US-China relations. Anti-Japanese protests were tolerated in 1985, 2005, and 2012 but banned in 1990 and 1996. Protests over Taiwan, the issue of greatest concern to Chinese nationalists, have never been allowed. To explain this variation in China's response to nationalist mobilization, Powerful Patriots argues that Chinese and other authoritarian leaders weigh both diplomatic and domestic incentives to allow and repress nationalist protests. Autocrats may not face electoral constraints, but anti-foreign protests provide an alternative mechanism by which authoritarian leaders can reveal their vulnerability to public pressure. Because nationalist protests are costly to repress and may turn against the government, allowing protests demonstrates resolve and increases the domestic cost of diplomatic concessions. Repressing protests, by contrast, sends a credible signal of reassurance, facilitating diplomatic flexibility and signaling a willingness to spend domestic political capital for the sake of international cooperation. To illustrate the logic, the book traces the effect of domestic and diplomatic factors in China's management of nationalist protest in the post-Mao era (1978-2012) and the consequences for China's foreign relations.
Author: Tiejun Wen
Publisher: Springer Nature
ISBN: 981160455X
Category : China
Languages : en
Pages : 538
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Book Description
This open access handbook, Ten Crises systematically traces the economic history of China from 1949 to 2020, unravelling the complex domestic and global factors leading to the cyclical crises identified by WEN and his research team, and examining the corresponding counteracting policies and measures by the government to resolve or defer the crises. The book offers profound insights into China's endeavours and predicaments on the path of modernization, and contemplates opportunities and lessons for the forging of alternative trajectories not only for China but also for the global south: to reconstruct rural communities for integrated cooperation and governance, and to revitalize ecological civilization.
Author: Guy Shaojia Liu
Publisher: World Scientific
ISBN: 9789810245849
Category : Political Science
Languages : en
Pages : 82
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Book Description
The greatest success of Chinese enterprise reform has been the creation of market competition. Competition has forced the state to retreat from non-strategic sectors and increased private ownership in the industry. This development has created ownership diversification in the Chinese industry, which is in line with the leadership's 2-R (?Retreat and Retain?) enterprise reform policy. The ownership diversification is a distinction of the reformed economy, called ?a socialist economy with Chinese characteristics?. The backbone of the economy is the large state firms in strategic sectors, largely shielded from international competition, in which most of them have been coping well with the domestically competitive environment. After China's entry to the WTO, can these firms still maintain their market dominance once all forms of protection are dismantled? Are Chinese firms ready for direct competition with their foreign rivals in the manufacturing sector? Will FAW, China's No. 1 state-owned automotive corporation, be defeated on its home ground by its foreign rivals in a freely accessed market? The core of these questions is about the sustainability of diversified ownership in the economy after it is integrated with the world trading system. Who will dominate the Chinese industry after the WTO entry: foreign or private ownership? The question is addressed by applying the market structure and entry theory of industrial economics, since WTO accession will basically result in change in both the market type and the market structure of the industry. Based on this, the study developed the market share testing theory to assess the competitiveness of dominant incumbents according to the type of market. The overall finding is that most large state incumbents will survive but their survival strategy will be changed from single ownership control to mixed ownership control. Thus, it is expected that more joint ventures between foreign and large state-owned firms will emerge in the post-WTO-entry economy. But whether such firms will evolve into foreign-controlled state-owned firms is an interesting question which remains to be answered.
Author: George Woei Tsai
Publisher: World Scientific
ISBN: 9814490423
Category : Business & Economics
Languages : en
Pages : 52
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Book Description
Recent years have seen the emergence of a unique Taiwanese consciousness. What this so-called Taiwanisation is and how it came about are addressed in the first article. The evolution of this Taiwanese consciousness, and how it is perceived and presented by major political parties like the Democratic Progressive Party, the Kuomintang, the People First Party and the New Party, are then discussed. The process appears to be an irreversible one which might lead to Taiwan's self-determination.The second article offers a working definition of Taiwanisation. It then spells out the significance of understanding Taiwanisation and the motivations of the proponents of the Taiwanisation policy. A number of reasons are given as to why such a policy is necessary. The authors examine the strategies and tactics in implementing the Taiwanisation policy, weighing its effectiveness, Beijing's reaction, and the problems and prospects of pursuing this policy.
