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Author: Xiao-bin Ji
Publisher: H. W. Wilson
ISBN:
Category : History
Languages : en
Pages : 776
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Book Description
With its rapidly growing economy and the world's largest population, China is increasingly important on the international stage. Providing a wealth of information on every aspect of China in an easy-to-use, accessible format, this up-to-date, in-depth reference tool presents substantive essays grouped in sections:
Author: Xiao-bin Ji
Publisher: H. W. Wilson
ISBN:
Category : History
Languages : en
Pages : 776
Get Book Here
Book Description
With its rapidly growing economy and the world's largest population, China is increasingly important on the international stage. Providing a wealth of information on every aspect of China in an easy-to-use, accessible format, this up-to-date, in-depth reference tool presents substantive essays grouped in sections:
Author: Peter Nolan
Publisher: John Wiley & Sons
ISBN: 0745660940
Category : Business & Economics
Languages : en
Pages : 138
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Book Description
China has become the world's second biggest economy and its largest exporter. It possesses the world's largest foreign exchange reserves and has 29 companies in the FT 500 list of the world's largest companies. ‘China's Rise' preoccupies the global media, which regularly carry articles suggesting that it is using its financial resources to ‘buy the world'. Is there any truth to this idea? Or is this just scaremongering by Western commentators who have little interest in a balanced presentation of China's role in the global political economy? In this short book Peter Nolan - one of the leading international experts on China and the global economy - probes behind the media rhetoric and shows that the idea that China is buying the world is a myth. Since the 1970s the global business revolution has resulted in an unprecedented degree of industrial concentration. Giant firms from high income countries with leading technologies and brands have greatly increased their investments in developing countries, with China at the forefront. Multinational companies account for over two-thirds of China's high technology output and over ninety percent of its high technology exports. Global firms are deep inside the Chinese business system and are pressing China hard to be permitted to increase their presence without restraints. By contrast, Chinese firms have a negligible presence in the high-income countries - in other words, we are ‘inside them' but they are not yet ‘inside us'. China's 70-odd ‘national champion' firms are protected by the government through state ownership and other support measures. They are in industries such as banking, metals, mining, oil, power, construction, transport, and telecommunications, which tend to make use of high technology products rather than produce these products themselves. Their growth has been based on the rapidly growing home market. China has been unsuccessful so far in its efforts to nurture a group of globally competitive firms with leading global technologies and brands. Whether it will be successful in the future is an open question. This balanced analysis replaces rhetoric with evidence and argument. It provides a much-needed perspective on current debates about China's growing power and it will contribute to a constructive dialogue between China and the West.
Author: Congressional Research Service
Publisher: Createspace Independent Publishing Platform
ISBN: 9781976466953
Category :
Languages : en
Pages : 52
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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.
Author: Han Shih Toh
Publisher: World Scientific
ISBN: 9814667447
Category : Business & Economics
Languages : en
Pages : 292
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Book Description
With the rapid increase in China's overseas investment and trade, China's global economic clout is increasing by the day. Does China's global economic reach make it an empire in the 21st century? What sort of impact will China's trade and investment have on its global counterparts? Chinese investment projects around the world, from railways in Africa and dams in Latin America to the acquisition of landmark buildings in the US, look to alter global patterns of influence and power. How would other countries react to China's rising international influence?The US government and many Americans deny their country is an empire, although the US status as the leading superpower makes it an empire in all but name. How will China coexist with the US, which has arguably been an imperialist power since the end of World War II? How will the incumbent neo-imperialist power, the US, deal with an emergent China?With its acute analysis of Sino-US relations, the book will interest readers who wish to understand the impact of China on various countries, its place on the world stage as well as the geopolitical implications for all in the 21st century.
Author: Larry Herzberg
Publisher: Stone Bridge Press, Inc.
ISBN: 1611729351
Category : History
Languages : en
Pages : 277
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Book Description
Essential essays on all things Chinese that inform and entertain travelers, students, and anyone working or living in China. How is China organized politically? What are the issues that young people face in today's China? What is China doing about its problem with pollution? Is the Chinese internet like our internet? What's China's role in the world today? And how much do you know about China's great woman emperor or the Chinese explorer whose voyages may have inspired the legend of Sinbad the Sailor? What are the major Chinese holidays, their superstitions regarding numbers, and the true nature of the Chinese written language? In nearly 60 brief essays, long-time China expert Larry Herzberg tackles important facts and myths about China, its history, people, and culture, as well as its contemporary society. Anyone dipping into this book will emerge that much smarter about China, whether visiting, conducting business, studying the language, or simply being fascinated by one of the world's greatest and most influential civilizations.
Author: Tony Saich
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 288
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Book Description
Author: Ezra F. Vogel
Publisher: W. W. Norton & Company
ISBN: 9780393317343
Category : Political Science
Languages : en
Pages : 340
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Book Description
China will achieve a position of paramount importance in the world economy and the global political order in years to come, yet the United States holds to no consistent policy with regard to this rising superpower. This fascinating and long-overdue examination of the political, economic, and human rights issues impacting U.S. policy toward China provides an essential historical assessment of this complex situation.
Author: Jonathan Fenby
Publisher: John Wiley & Sons
ISBN: 1509511008
Category : Political Science
Languages : en
Pages : 85
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Book Description
China's spectacular growth and expanding global role have led to visions of the 21st century being dominated by the last major state on earth ruled by a Communist Party. In this new edition of his widely acclaimed book, renowned China expert Jonathan Fenby shows why such assumptions are wrong. He presents an analysis of China under Xi Jinping which explores the highly significant political, economic, social and international challenges it faces, each involving structural difficulties that will put the system under strain. Based on the author's extensive knowledge of contemporary China and his close analysis of Xi's leadership, this incisive book offers a pragmatic view of where the country is heading at a time when its future is too important an issue for wishful theorizing.
Author: Vickie Lee
Publisher: Godwin Books
ISBN: 1250133386
Category : Juvenile Fiction
Languages : en
Pages : 42
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Book Description
As Ruby travels to her grandmother's house to bring her a gift for Chinese New Year, she is joined by all of the animals of the zodiac. Includes the legend of the Chinese horoscope and instructions for crafts. Full color.
Author: Rana Mitter
Publisher: HMH
ISBN: 054784056X
Category : History
Languages : en
Pages : 485
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Book Description
A history of the Chinese experience in WWII, named a Book of the Year by both the Economist and the Financial Times: “Superb” (The New York Times Book Review). In 1937, two years before Hitler invaded Poland, Chinese troops clashed with Japanese occupiers in the first battle of World War II. Joining with the United States, the Soviet Union, and Great Britain, China became the fourth great ally in a devastating struggle for its very survival. In this book, prize-winning historian Rana Mitter unfurls China’s drama of invasion, resistance, slaughter, and political intrigue as never before. Based on groundbreaking research, this gripping narrative focuses on a handful of unforgettable characters, including Chiang Kai-shek, Mao Zedong, and Chiang’s American chief of staff, “Vinegar Joe” Stilwell—and also recounts the sacrifice and resilience of everyday Chinese people through the horrors of bombings, famines, and the infamous Rape of Nanking. More than any other twentieth-century event, World War II was crucial in shaping China’s worldview, making Forgotten Ally both a definitive work of history and an indispensable guide to today’s China and its relationship with the West.
