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Author: Nicholas R. Lardy
Publisher: Rowman & Littlefield
ISBN: 9780815798699
Category : Business & Economics
Languages : en
Pages : 266
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Book Description
China's accession to the World Trade Organization (WTO) has been hailed as the biggest coming-out party in the history of capitalism. Its membership eventually will contribute to higher standards of living for its citizens and increased growth for its economy. But why would the Chinese communist regime voluntarily agree to comply with the many complex rules of the global trading system since it has already become the world's seventh largest trading country while avoiding these constraints by remaining outside the system? The answer to this question forms the basis for this new book. Nicholas Lardy explores the many pressures on the Chinese government, both external and internal, to comply with the standards of the rule-based international trading system. Lardy points out that, prior to entry into the WTO, China enjoyed high growth rates and more foreign direct investment than any other emerging economy. He draws on a wealth of scholarship and experience to explain how China's leadership expects to leverage the increased foreign competition inherent in its WTO commitments to accelerate its domestic economic reform program, leading to the shrinkage and transformation of inefficient, money-losing companies and hastening the development of a commercial credit culture in its banks. Lardy answers a number of other questions about China's new WTO membership, including its effects on bilateral trade with the United States; the possibility that China will use its power to reshape the WTO in the future; the degree to which the terms of China's entry were more or less demanding than those for other new members; the ability of China's economy to successfully open to new imports; and the prospects for new growth in various sectors of China's economy made possible by WTO accession. This book will become an important tool for those who wish to understand China's new role in the global trading system, to take advantage of the new opportunities for investment in China
Author: Nicholas R. Lardy
Publisher: Rowman & Littlefield
ISBN: 9780815798699
Category : Business & Economics
Languages : en
Pages : 266
Get Book Here
Book Description
China's accession to the World Trade Organization (WTO) has been hailed as the biggest coming-out party in the history of capitalism. Its membership eventually will contribute to higher standards of living for its citizens and increased growth for its economy. But why would the Chinese communist regime voluntarily agree to comply with the many complex rules of the global trading system since it has already become the world's seventh largest trading country while avoiding these constraints by remaining outside the system? The answer to this question forms the basis for this new book. Nicholas Lardy explores the many pressures on the Chinese government, both external and internal, to comply with the standards of the rule-based international trading system. Lardy points out that, prior to entry into the WTO, China enjoyed high growth rates and more foreign direct investment than any other emerging economy. He draws on a wealth of scholarship and experience to explain how China's leadership expects to leverage the increased foreign competition inherent in its WTO commitments to accelerate its domestic economic reform program, leading to the shrinkage and transformation of inefficient, money-losing companies and hastening the development of a commercial credit culture in its banks. Lardy answers a number of other questions about China's new WTO membership, including its effects on bilateral trade with the United States; the possibility that China will use its power to reshape the WTO in the future; the degree to which the terms of China's entry were more or less demanding than those for other new members; the ability of China's economy to successfully open to new imports; and the prospects for new growth in various sectors of China's economy made possible by WTO accession. This book will become an important tool for those who wish to understand China's new role in the global trading system, to take advantage of the new opportunities for investment in China
Author: Allen Carlson
Publisher: NUS Press
ISBN: 9789971694395
Category : Political Science
Languages : en
Pages : 324
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Book Description
This book contends that sovereignty, and more directly the extent to which it creates walls between any given state and other actors in the international system, lies at the core of Chinas foreign relations during the reform era.
Author: Peter Nolan
Publisher: Anthem Press
ISBN: 0857286943
Category : Business & Economics
Languages : en
Pages : 281
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Book Description
In this highly relevant collection, Peter Nolan argues that every effort of policy has to be directed towards avoiding this potentially catastrophic outcome. In their search for a way forward, China’s leaders are looking to the lessons from the country’s own past, as well as to those from other countries, in order to find a way to build a stable, cohesive and prosperous society. This effort is of vital importance, not only for China, but also for the whole world.
Author: June Teufel Dreyer
Publisher:
ISBN:
Category : History
Languages : en
Pages : 370
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Book Description
Study on government policy towards social integration of minority groups in China - discusses historical background, ideologycal aspects and the application of USSR policy; examines discrimination against minorities, their legal status, economic situation, cultural rights, education, political participation and membership in the communist political party, role in public administration, etc.; describes the institutional framework of policy making. Bibliography, glossary and photographs.
Author: Chunlai Chen
Publisher: Edward Elgar Publishing
ISBN: 1848449097
Category : Political Science
Languages : en
Pages : 239
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Book Description
This comprehensive collection provides a remarkable wealth of information and a timely assessment of China's economic development and integration with the global economy after WTO accession. Chunlai Chen brings together a distinguished group of scholars who employ economic theories, econometric modelling techniques and the latest statistics to analyze many important issues. These hotly debated topics include China's economic growth, international trade, regional trade arrangements, foreign direct investment, banking sector liberalization, exchange rate reform, agricultural trade and energy demand. Aimed at an international audience, this highly focused book will be of great benefit to academics and postgraduate students involved in Chinese economy and business studies, as well as researchers in international trade and foreign investment.--Publisher.
Author: John Whalley
Publisher: World Scientific
ISBN: 9814465003
Category : Business & Economics
Languages : en
Pages : 411
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Book Description
This book discusses China's integration into the world economy, drawing on papers previously written by the editor. It focuses on strong trade growth, FDI inflows, innovation policy (including transfer of technology and intellectual property), the role of saving, and the accumulation of human capital. It also analyzes the quantitative significance of openness in driving China's growth.While other books on China do not focus much on China's integration into the world economy, this book provides technically strong analyses of key contributing factors to China's growth performance. It also highlights innovation and education policies and their significance for the 11th five-year plan which aims to quadruple real income per capita between 2000 and 2020.
Author: Jianglin Zhao
Publisher: Springer Nature
ISBN: 9811646449
Category : Business & Economics
Languages : en
Pages : 236
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Book Description
This book focuses on the market issues facing Asian industrialization and the possibility, feasibility, and sustainability of China integrating the Asian economics. How China's rise affects Asian market and the economic relation between China and other Asian economies? The book looks into this issue from market and regional perspectives and concludes that: Asian industrialization including China makes the unified regional market as the common goal of Asian economies; the integration of Asian markets is also a key strategy for China in the next 5-10 years; China may become a major player or even a leader in integrating regional markets; however, it will be a longtime process depending on China's economic strength in the future.
Author: Rongxing Guo
Publisher: Chandos Publishing
ISBN: 0081004036
Category : Psychology
Languages : en
Pages : 208
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Book Description
This book is intended to provide the narratives and analytics of China's spatial (dis)integration. Indeed, the Chinese nation is far too large and spatially complicated and diversified to be misinterpreted. The only feasible approach to analyzing it is, therefore, to divide it into smaller geographical elements through which one can have a better insight into the spatial mechanisms and regional characteristics. - Provides a combination of narratives and analytical narratives - Includes annexes which evaluate provincial and interprovincial panel data and information collected and compiled by the author - Offers specialized mathematics and statistical techniques
Author: Baogang Guo
Publisher: Lexington Books
ISBN: 0739169084
Category : Political Science
Languages : en
Pages : 194
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Book Description
Despite China's desire to make its rapid ascendance in the 21st century as non provocative as possible, the key to ensure China's peaceful rise lies in two-way integration and engagement. A closely integrated China with the rest of the world and China's acceptance of existing international norms and rules may compel China to behave in a more predictable and responsive way. This co-edited book examines China's rising military capacity and the complex feelings its neighbors, such as Taiwan, South Korea and India, have toward the increasingly powerful China. The focus of this book is on the efforts made by China to brand her non-aggressive image through promoting public diplomacy and expanding regional free trade and cooperation in Asia and Latin America. It uses the cross-Taiwan-strait relations as a testing ground for the prospect of peace between the two former adversaries. China's Quiet Rise will help readers understand why integration, instead of isolation and containment, may be the most effective way to facilitate China's peaceful rise.
Author: Mr. Alfred Schipke
Publisher: International Monetary Fund
ISBN: 151358278X
Category : Business & Economics
Languages : en
Pages : 52
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Book Description
China’s bond market is destined to play an increasingly important role, both at home and abroad. And the inclusion of the country’s bonds in global indexes will be a milestone for its financial market integration, bringing big opportunities as well as challenges for policymakers and investors alike. This calls for a good understanding of China’s bond market structure, its unique characteristics, and areas where reforms are needed. This volume comprehensively analyzes the different segments of China’s bond market, from sovereign, policy bank, and credit bonds, to the rapidly growing local government bond market. It also covers bond futures, green bonds, and asset-backed securities, as well as China’s offshore market, which has played a major role in onshore market development.
