Belt And Road Initiative And The World's Largest Small Commodity Market, The: Yiwu Business Circle PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Belt And Road Initiative And The World's Largest Small Commodity Market, The: Yiwu Business Circle PDF full book. Access full book title Belt And Road Initiative And The World's Largest Small Commodity Market, The: Yiwu Business Circle by Lijun Lu. Download full books in PDF and EPUB format.
Author: Lijun Lu
Publisher: World Scientific
ISBN: 9811207771
Category : Political Science
Languages : en
Pages : 433
Get Book Here
Book Description
Located in the central Zhejiang province, Yiwu is a mountainous region originally inhabited by farmers. The poverty-stricken land left farmers with no option but commercial trading for a living. The city has a long history of being a hub for commercial trade. In the last two decades, the Yiwu international trade market has grown to be the world's largest small commodities market. This book studies the rapid development of 'Yiwu Business Circle' in the past two decades. Based on field research, the book analyzes the 'Yiwu Business Circle' from different levels such as the market system, supporting industry, merchant group and logistics network. The book also reveales the challenges and opportunities posed to 'Yiwu Business Circle' by the Belt and Road Initiative. It explores how the 'Yiwu Business Circle' will contribute to the Belt and Road Initiative by utilizing its strong business, logistics, capital and information flow platform that is established and shared by global manufacturers and merchants.
Author: Congressional Research Service
Publisher: Createspace Independent Publishing Platform
ISBN: 9781976466953
Category :
Languages : en
Pages : 52
Get Book Here
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: Marlene Laruelle
Publisher:
ISBN: 9780999621400
Category :
Languages : en
Pages :
Get Book Here
Book Description
China¿s Belt and Road (BRI) Initiative was announced by Chinese President Xi Jinping in September 2013 at Nazarbayev University. It is therefore natural that, for its launch, the NAC-NU Central Asia Studies Program, in partnership with GW¿s Central Asia Program, seeks to disentangle the puzzle of the BRI Initiative and its impact on Central Asia. Selected from over 130 proposals, the papers brought together here offer a complex and nuanced analysis of China¿s New Silk Road project: its aims, the challenges facing it, and its reception in Central Asia. Combining methodological and theoretical approaches drawn from disciplines as varied as economics and sociology, and operating at both micro and macro levels, this collection of papers provides the most up-to-date research on China¿s BRI in Central Asia. It also represents the first step toward the creation of a new research hub at Nazarbayev University, aiming to forge new bonds between junior, mid-career, and senior scholars who hail from different regions of the world and belong to different intellectual traditions.
Author: Peter Frankopan
Publisher: Bloomsbury Publishing
ISBN: 1526607433
Category : History
Languages : en
Pages : 248
Get Book Here
Book Description
From the internationally bestselling author of The Silk Roads: everything you need to know about the present and future of the world 'Masterly mapping out of a new world order' Evening Standard 'Frankopan is a brilliant guide to terra incognita' The Times Peter Frankopan's highly anticipated follow-up to the 'Book of the Decade', The New Silk Roads takes a fresh look at the network of relationships being formed along the length and breadth of the Silk Roads today. The world is changing dramatically and in an age of Brexit and Trump, the themes of isolation and fragmentation permeating the western world stand in sharp contrast to events along the Silk Roads, where ties have been strengthened and mutual cooperation established. Following the Silk Roads eastwards from Europe through to China, by way of Russia and the Middle East, The New Silk Roads provides a timely reminder that we live in a world that is profoundly interconnected. In this prescient contemporary history, Peter Frankopan assesses the global reverberations of these continual shifts in the centre of power – all too often absent from headlines in the west. This important – and ultimately hopeful – book asks us to reread who we are and where we are in the world, illuminating the themes on which all our lives and livelihoods depend.
Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292577549
Category : Business & Economics
Languages : en
Pages : 235
Get Book Here
Book Description
Infrastructure is essential for development. This report presents a snapshot of the current condition of developing Asia's infrastructure---defined here as transport, power, telecommunications, and water supply and sanitation. It examines how much the region has been investing in infrastructure and what will likely be needed through 2030. Finally, it analyzes the financial and institutional challenges that will shape future infrastructure investment and development.
Author: National Intelligence Council
Publisher: Cosimo Reports
ISBN: 9781646794973
Category :
Languages : en
Pages : 158
Get Book Here
Book Description
"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
Author: Alex M. Lechner
Publisher: ISEAS-Yusof Ishak Institute
ISBN: 9814881430
Category : Social Science
Languages : en
Pages : 40
Get Book Here
Book Description
China’s Belt and Road Initiative (BRI) is expected to be the largest infrastructure development scheme of the twenty-first century. There is escalating concern over BRI’s potential environmental impacts in Southeast Asia, a global biodiversity hotspot and a focus area of BRI development. Case studies of Indonesia, Myanmar, Lao PDR and Malaysia show that the success of BRI in bringing about sustainable growth and opportunities depends on the Chinese government and financiers, as well as the agencies and governments involved when BRI investments take place. The adoption of best environmental practices is critical in ensuring that growth is sustainable and that bad environmental practices are not locked in for decades to come.
Author: Wayne M. Morrison
Publisher: DIANE Publishing
ISBN: 1437927629
Category : History
Languages : en
Pages : 36
Get Book Here
Book Description
Since the initiation of economic reforms and trade liberalization 30 years ago, China has been one of the world¿s fastest-growing economies and has emerged as a major economic and trade power. China¿s economy and economic policies are of major concern to many U.S. policymakers. Contents of this report: Most Recent Developments; An Overview of China¿s Economic Development; Measuring the Size of China¿s Economy; Foreign Direct Investment in China; China¿s Trade Patterns; China¿s Growing Overseas Direct Investment; Major Long-Term Challenges Facing the Chinese Economy; Fallout From the Current Global Financial Crisis. Charts and tables.
Author: Ha Jiming
Publisher: Peterson Institute for International Economics
ISBN: 0881327395
Category : Business & Economics
Languages : en
Pages :
Get Book Here
Book Description
Outright trade war between the world’s two largest economies would be devastating to the working people of both countries, as well as destructive to the future of the entire world economy. The costs of conflict between China and the United States far outweigh the current causes of dispute in their economic relationship. These costs would be both direct, in terms of short-term losses of growth and employment, and indirect, in terms of long-term damage to the world trading system, diminishing investment and efficiency. There are points of genuine dispute between the United States and China over their economic interaction. Even if their economic significance is often exaggerated, these are legitimate points of contention and have to be addressed in a constructive manner. The analyses in this volume aim to contribute to a more reality-based consideration of both countries’ enlightened self-interests, which would yield progress on points of dispute in a manner consistent with keeping the world economy open for business.
Author: Dambisa Moyo
Publisher: Harper Collins
ISBN: 1443407429
Category : Business & Economics
Languages : en
Pages : 248
Get Book Here
Book Description
Newspaper headlines and media commentators scream warnings of the impending doom nearly every day—shortages of arable land, clashes over water, and the political Armageddon as global demand for energy in the form of fossil fuels far outstrips any possible supply. The picture painted is bleak, and the possible impact of commodities markets on how we live is far-reaching, but our grasp of the details and the mega shifts in the commodity space remains blurred. There’s so much noise surrounding resource scarcity and China’s emerging dominance in commodities that we risk complacency. Overturning our assumptions, bestselling author Dambisa Moyo charts the commodity dynamics that the world will face over the next several decades, and the implications of China’s rush for resources across all regions of the world, from Africa to Latin America, from North America to Europe to Australia.
Author: Eswar Prasad
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 80
Get Book Here
Book Description
China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s macroeconomy and economic structure. It also surveys the main policy challenges that will need to be addressed for China to maintain sustained high growth and continued global integration.
