Author: Shoamin Li
Publisher: M.E. Sharpe
ISBN: 9780765606389
Category : Business & Economics
Languages : en
Pages : 1222
Book Description
The basic reference for all who do business in China. The data, provided in an exclusive contract by the PRC State Statistics Bureau, is further tested and refined under the editors' supervision down to a less than 0.1% error rate. The book focuses on manufacturing and consumer markets. It includes the latest and most comprehensive market data and firm-level information available. Coverage includes the entire industrial and consumer goods sector (563 industries) of the Chinese economy -- more than 500,000 firms, including foreign-owned operations, state enterprises, town and village enterprises, and different types of joint ventures. For each industry there are data on past sales, production volume, productivity, number of employees, firm size, and key distributor.
China Markets Yearbook 1999
Author: Shoamin Li
Publisher: M.E. Sharpe
ISBN: 9780765606389
Category : Business & Economics
Languages : en
Pages : 1222
Book Description
The basic reference for all who do business in China. The data, provided in an exclusive contract by the PRC State Statistics Bureau, is further tested and refined under the editors' supervision down to a less than 0.1% error rate. The book focuses on manufacturing and consumer markets. It includes the latest and most comprehensive market data and firm-level information available. Coverage includes the entire industrial and consumer goods sector (563 industries) of the Chinese economy -- more than 500,000 firms, including foreign-owned operations, state enterprises, town and village enterprises, and different types of joint ventures. For each industry there are data on past sales, production volume, productivity, number of employees, firm size, and key distributor.
Publisher: M.E. Sharpe
ISBN: 9780765606389
Category : Business & Economics
Languages : en
Pages : 1222
Book Description
The basic reference for all who do business in China. The data, provided in an exclusive contract by the PRC State Statistics Bureau, is further tested and refined under the editors' supervision down to a less than 0.1% error rate. The book focuses on manufacturing and consumer markets. It includes the latest and most comprehensive market data and firm-level information available. Coverage includes the entire industrial and consumer goods sector (563 industries) of the Chinese economy -- more than 500,000 firms, including foreign-owned operations, state enterprises, town and village enterprises, and different types of joint ventures. For each industry there are data on past sales, production volume, productivity, number of employees, firm size, and key distributor.
China's Industrial State-owned Enterprises Between Profitability and Bankruptcy
Author: Carsten Holz
Publisher: World Scientific
ISBN: 9812383328
Category : Business & Economics
Languages : en
Pages : 372
Book Description
After decades of declining profitability, China's industrial state-owned enterprises appear to be obsolete. This book utilizes extensive data and quantitative as well as qualitative analyses to examine the reasons for the decline in the profitability of these industrial state-owned enterprises, to determine their current profitability patterns across various dimensions, and to account for profitability gaps between these enterprises and those managed under other ownership forms. China's recent enterprise reform measures are also evaluated. A differentiated picture emerges that clarifies past developments and illuminates future prospects of the reform of industrial state-owned enterprises in China.
Publisher: World Scientific
ISBN: 9812383328
Category : Business & Economics
Languages : en
Pages : 372
Book Description
After decades of declining profitability, China's industrial state-owned enterprises appear to be obsolete. This book utilizes extensive data and quantitative as well as qualitative analyses to examine the reasons for the decline in the profitability of these industrial state-owned enterprises, to determine their current profitability patterns across various dimensions, and to account for profitability gaps between these enterprises and those managed under other ownership forms. China's recent enterprise reform measures are also evaluated. A differentiated picture emerges that clarifies past developments and illuminates future prospects of the reform of industrial state-owned enterprises in China.
The Oxford Handbook of International Business
Author: Alan M. Rugman
Publisher: Oxford University Press, USA
ISBN: 9780199258413
Category : Business & Economics
Languages : en
Pages : 902
Book Description
This handbook synthesises some literature of the last 40 years in 28 chapters. The coverage is split into the following areas : the history and theory of the multinational enterprise; the political and policy environment of international business.
Publisher: Oxford University Press, USA
ISBN: 9780199258413
Category : Business & Economics
Languages : en
Pages : 902
Book Description
This handbook synthesises some literature of the last 40 years in 28 chapters. The coverage is split into the following areas : the history and theory of the multinational enterprise; the political and policy environment of international business.
The Evolution of the Stock Market in China's Transitional Economy
Author: Jianxun Chen
Publisher: Edward Elgar Publishing
ISBN: 9781782542605
Category : Business & Economics
Languages : en
Pages : 216
Book Description
'The book The Evolution of the Stock Market in China's Transitional Economy by Chien-Hsun Chen and Hui-Tzu Shih offers valuable insights into the evolution and development of the Chinese stock market. The book was written with an important mission in mind - how to develop an efficient financial system that facilitates innovation and spontaneous evolution of the society.' - Guojun Wu, Journal of Asian Business 'Chien-Hsun Chen and Hui-Tzu Shih have produced an informative and insightful study of China's stock market development. In The Evolution of the Stock Market in China's Transitional Economy, the reader will find a straightforward account of the development of China's stock markets that further clarifies the role China's capital markets will play in the country's financial future.' - Mark T. Fung, The China Business Review The establishment of the Shanghai Stock Exchange in December 1990 was a landmark in China's institutional transformation. With this in mind, the authors consider the factors relating to institutional change - such as changes in the financial system, the scale and structure of stock market, operational efficiency and the regulatory system of the stock market. During the course of its development the Chinese stock market has experienced speculation, dramatic fluctuations and violations of market regulations of frequent and diverse natures. There is therefore, urgent need for the discussion contained within this volume of best procedure policies for the establishment of a properly ordered and regulated market. The authors assess the operational performance of listed companies, and changes in the external environment such as the impact of China's accession to the WTO on the stock market. The authors find that WTO accession will have a more serious impact on the more heavily protected agricultural sector and on capital-intensive industries such as automobile, instruments, cotton and wheat to name a few. They argue that the fundamental reason for the inefficiency of China's stock market is the weakness of the competitive mechanism leading to imperfect competition and rent-seeking activity. This book will be of great interest to academics and researchers of Asian studies and money and finance. Multinational enterprise managers, as well as brokers, dealers, business economists and others involved in the global financial markets will also find this book of value.
Publisher: Edward Elgar Publishing
ISBN: 9781782542605
Category : Business & Economics
Languages : en
Pages : 216
Book Description
'The book The Evolution of the Stock Market in China's Transitional Economy by Chien-Hsun Chen and Hui-Tzu Shih offers valuable insights into the evolution and development of the Chinese stock market. The book was written with an important mission in mind - how to develop an efficient financial system that facilitates innovation and spontaneous evolution of the society.' - Guojun Wu, Journal of Asian Business 'Chien-Hsun Chen and Hui-Tzu Shih have produced an informative and insightful study of China's stock market development. In The Evolution of the Stock Market in China's Transitional Economy, the reader will find a straightforward account of the development of China's stock markets that further clarifies the role China's capital markets will play in the country's financial future.' - Mark T. Fung, The China Business Review The establishment of the Shanghai Stock Exchange in December 1990 was a landmark in China's institutional transformation. With this in mind, the authors consider the factors relating to institutional change - such as changes in the financial system, the scale and structure of stock market, operational efficiency and the regulatory system of the stock market. During the course of its development the Chinese stock market has experienced speculation, dramatic fluctuations and violations of market regulations of frequent and diverse natures. There is therefore, urgent need for the discussion contained within this volume of best procedure policies for the establishment of a properly ordered and regulated market. The authors assess the operational performance of listed companies, and changes in the external environment such as the impact of China's accession to the WTO on the stock market. The authors find that WTO accession will have a more serious impact on the more heavily protected agricultural sector and on capital-intensive industries such as automobile, instruments, cotton and wheat to name a few. They argue that the fundamental reason for the inefficiency of China's stock market is the weakness of the competitive mechanism leading to imperfect competition and rent-seeking activity. This book will be of great interest to academics and researchers of Asian studies and money and finance. Multinational enterprise managers, as well as brokers, dealers, business economists and others involved in the global financial markets will also find this book of value.
Chinese Intellectuals Between State and Market
Author: Merle Goldman
Publisher: Routledge
ISBN: 1134341784
Category : Business & Economics
Languages : en
Pages : 314
Book Description
This edited volume describes the intellectual world that developed in China in the last decade of the twentieth century. How, as China's economy changed from a centrally planned to a market one, and as China opened up to the outside world and was influenced by the outside world, Chinese intellectual activity became more wide-ranging, more independent, more professionalized and more commercially oriented than ever before. The future impact of this activity on Chinese civil society is discussed in the last chapter.
Publisher: Routledge
ISBN: 1134341784
Category : Business & Economics
Languages : en
Pages : 314
Book Description
This edited volume describes the intellectual world that developed in China in the last decade of the twentieth century. How, as China's economy changed from a centrally planned to a market one, and as China opened up to the outside world and was influenced by the outside world, Chinese intellectual activity became more wide-ranging, more independent, more professionalized and more commercially oriented than ever before. The future impact of this activity on Chinese civil society is discussed in the last chapter.
China's WTO Accession and the Impact on Its Large Manufacturing Enterprises
Author: Guy Shaojia Liu
Publisher: World Scientific
ISBN: 9789810245849
Category : Political Science
Languages : en
Pages : 82
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.
Publisher: World Scientific
ISBN: 9789810245849
Category : Political Science
Languages : en
Pages : 82
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.
Transition from Socialist to Market Economies
Author: S. Ichimura
Publisher: Springer
ISBN: 023024498X
Category : Business & Economics
Languages : en
Pages : 286
Book Description
20 years after the collapse of communism in Central Eastern European countries and 30 years after the start of market-oriented reforms in China, this book provides a framework for understanding the differing emphasis and sequencing of two reforms and explores in-depth these issues in the demise of communism and the triumph of the market economy.
Publisher: Springer
ISBN: 023024498X
Category : Business & Economics
Languages : en
Pages : 286
Book Description
20 years after the collapse of communism in Central Eastern European countries and 30 years after the start of market-oriented reforms in China, this book provides a framework for understanding the differing emphasis and sequencing of two reforms and explores in-depth these issues in the demise of communism and the triumph of the market economy.
Integrating China into the Global Economy
Author: Nicholas R. Lardy
Publisher: Rowman & Littlefield
ISBN: 9780815798699
Category : Business & Economics
Languages : en
Pages : 266
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
Publisher: Rowman & Littlefield
ISBN: 9780815798699
Category : Business & Economics
Languages : en
Pages : 266
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
Market Development in China
Author: Belton M. Fleisher
Publisher: Edward Elgar Publishing
ISBN: 9781782541752
Category : Business & Economics
Languages : en
Pages : 296
Book Description
Presents the analysis of specialists on causes, benefits and problems resulting from China's transition to a market economy. This book deals with several facets of China's economic growth and its rising income inequality. It provides evidence on China's social and economic inequalities and their causes.
Publisher: Edward Elgar Publishing
ISBN: 9781782541752
Category : Business & Economics
Languages : en
Pages : 296
Book Description
Presents the analysis of specialists on causes, benefits and problems resulting from China's transition to a market economy. This book deals with several facets of China's economic growth and its rising income inequality. It provides evidence on China's social and economic inequalities and their causes.
The Far East and Australasia 2003
Author: Europa Publications
Publisher: Psychology Press
ISBN: 9781857431339
Category : Business & Economics
Languages : en
Pages : 1724
Book Description
A unique survey of each country in the region. It includes an extensive collection of facts, statistics, analysis and directory information in one accessible volume.
Publisher: Psychology Press
ISBN: 9781857431339
Category : Business & Economics
Languages : en
Pages : 1724
Book Description
A unique survey of each country in the region. It includes an extensive collection of facts, statistics, analysis and directory information in one accessible volume.