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Author: Ligang Song
Publisher: ANU Press
ISBN: 1925022692
Category : Business & Economics
Languages : en
Pages : 467
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Book Description
The phrase ‘New Normal’ captures the ongoing shift in the pattern and drivers of China’s economic growth. China’s new growth rate is both slower and imposing difficult structural change. These new economic conditions are challenging yet offer opportunities for China and its economic partners. Reforms must be deepened but also make growth more inclusive and environmentally sustainable, over this decade and beyond. This year’s Update offers both global context and domestic insight into this challenging new phase of China’s domestic economic transformation. How are policymakers elevating migrant workers concurrent with increasing consumption? Is China’s government spending enough on education and R&D to ensure it can achieve its aspirations to ascend the global manufacturing value chain and avoid the middle-income trap? Are energy market reforms reducing or increasing the price of gas and electricity in China? What are the consequences of China’s financial reforms and expanding Renminbi trading for foreign banks? What does China’s new growth model mean for the international resources economy and for Africa? Do SOEs face market conditions and are they dominating China’s fast-rising outbound investment? What is China’s strategy for navigating fragmented international trade policy negotiations?
Author: Ligang Song
Publisher: ANU Press
ISBN: 1925022692
Category : Business & Economics
Languages : en
Pages : 467
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Book Description
The phrase ‘New Normal’ captures the ongoing shift in the pattern and drivers of China’s economic growth. China’s new growth rate is both slower and imposing difficult structural change. These new economic conditions are challenging yet offer opportunities for China and its economic partners. Reforms must be deepened but also make growth more inclusive and environmentally sustainable, over this decade and beyond. This year’s Update offers both global context and domestic insight into this challenging new phase of China’s domestic economic transformation. How are policymakers elevating migrant workers concurrent with increasing consumption? Is China’s government spending enough on education and R&D to ensure it can achieve its aspirations to ascend the global manufacturing value chain and avoid the middle-income trap? Are energy market reforms reducing or increasing the price of gas and electricity in China? What are the consequences of China’s financial reforms and expanding Renminbi trading for foreign banks? What does China’s new growth model mean for the international resources economy and for Africa? Do SOEs face market conditions and are they dominating China’s fast-rising outbound investment? What is China’s strategy for navigating fragmented international trade policy negotiations?
Author: Lauren Johnston
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
The phrase 'New Normal' captures the ongoing shift in the pattern and drivers of China's economic growth. China's new growth rate is both slower and imposing difficult structural change. These new economic conditions are challenging yet offer opportunities for China and its economic partners. Reforms must be deepened but also make growth more inclusive and environmentally sustainable, over this decade and beyond. This year's Update offers both global context and domestic insight into this challenging new phase of China's domestic economic transformation. How are policymakers elevating migrant workers concurrent with increasing consumption? Is China's government spending enough on education and R&D to ensure it can achieve its aspirations to ascend the global manufacturing value chain and avoid the middle-income trap? Are energy market reforms reducing or increasing the price of gas and electricity in China? What are the consequences of China's financial reforms and expanding Renminbi trading for foreign banks? What does China's new growth model mean for the international resources economy and for Africa? Do SOEs face market conditions and are they dominating China's fast-rising outbound investment? What is China's strategy for navigating fragmented international trade policy negotiations?
Author: Ho-fung Hung
Publisher: JHU Press
ISBN: 0801893089
Category : Business & Economics
Languages : en
Pages : 223
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Book Description
This volume explains China's economic rise and liberalization and assesses how this growth is reshaping the structure and dynamics of global capitalism in the twenty-first century. China has historically been the center of Asian trade, economic, and financial networks, and its global influence continues to expand in the twenty-first century. In exploring the causes for and effects of China's re surging power, this volume takes a broad, long-term view that reaches well beyond economics for answers. Contributors explore the vast web of complex issues raised by China's ascendancy. The first three chapters discuss the global and historical origins of China's shift to a market economy and that transformation's impact on the international market system. Subsequent essays explore the ability of large Chinese manufacturers to counter the might of transnational retailers, the effect of China's rise on world income distribution and labor, and the consequences of a stronger China for its two most powerful neighbors, Russia and Japan. The concluding chapter questions whether China's growth is sustainable and if it will ultimately shift the center of global capitalism from the West to the East.
Author: Cheng Li
Publisher: Brookings Institution Press
ISBN: 0815704054
Category : Business & Economics
Languages : en
Pages : 417
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Book Description
Decades ago, there was no distinct middle class in the People's Republic of China. Any meaningful discussion of China's economy, politics, or society must take into account the rapid emergence and explosive growth of the Chinese middle class. This book details the origins and characteristics of this dramatic change.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
China's rise has become inevitable, but there is no agreement about whether China will rise peacefully or pose a threat to the United States. The author asserts that both theories of "China threat" and "peaceful rise" failed to address China's central domestic problem. Thus, both theories are not convincing. This book attempts to develop a third view of China's rise from a domestic perspective and contends that China's potential threat to the existing global order is not derived from her rapid economic growth and military expansion, but from her potential domestic chaos. A strong democratic China will contribute to the global peace, but the collapse of China will gravely threaten Western societies. The current Chinese political system directly contributes to this social instability and could possibly cause China's social crash. China's democratization is the key to ensure China's peaceful rise in a global context. However, the Party is still in power and any attempt to dissolve the one-party system in presentday China has poor prospects. China must take a two-step, gradual reform approach to complete the transition from an authoritarian regime to a democratic one. In the two-step theory, the first phase for promoting China's democratization includes exercising freedom of media, increasing the consciousness of citizen participation, and enacting religious rights. Through all these democratic exercises, China will gradually be able to achieve a fully democratic society. This two-step theory is crucial forthe United States if it is to enact effective foreign policy toward China and for China to develop a democratic harmonious society.
Author: Tarun Chhabra
Publisher: Brookings Institution Press
ISBN: 0815739176
Category : Political Science
Languages : en
Pages : 430
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Book Description
The global implications of China's rise as a global actor In 2005, a senior official in the George W. Bush administration expressed the hope that China would emerge as a “responsible stakeholder” on the world stage. A dozen years later, the Trump administration dramatically shifted course, instead calling China a “strategic competitor” whose actions routinely threaten U.S. interests. Both assessments reflected an underlying truth: China is no longer just a “rising” power. It has emerged as a truly global actor, both economically and militarily. Every day its actions affect nearly every region and every major issue, from climate change to trade, from conflict in troubled lands to competition over rules that will govern the uses of emerging technologies. To better address the implications of China's new status, both for American policy and for the broader international order, Brookings scholars conducted research over the past two years, culminating in a project: Global China: Assessing China's Growing Role in the World. The project is intended to furnish policy makers and the public with hard facts and deep insights for understanding China's regional and global ambitions. The initiative draws not only on Brookings's deep bench of China and East Asia experts, but also on the tremendous breadth of the institution's security, strategy, regional studies, technological, and economic development experts. Areas of focus include the evolution of China's domestic institutions; great power relations; the emergence of critical technologies; Asian security; China's influence in key regions beyond Asia; and China's impact on global governance and norms. Global China: Assessing China's Growing Role in the World provides the most current, broad-scope, and fact-based assessment of the implications of China's rise for the United States and the rest of the world.
Author: Ross Garnaut
Publisher: ANU Press
ISBN: 176046225X
Category : Business & Economics
Languages : en
Pages : 709
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Book Description
The year 2018 marks 40 years of reform and development in China (1978–2018). This commemorative book assembles some of the world’s most prominent scholars on the Chinese economy to reflect on what has been achieved as a result of the economic reform programs, and to draw out the key lessons that have been learned by the model of growth and development in China over the preceding four decades. This book explores what has happened in the transformation of the Chinese economy in the past 40 years for China itself, as well as for the rest of the world, and discusses the implications of what will happen next in the context of China’s new reform agenda. Focusing on the long-term development strategy amid various old and new challenges that face the economy, this book sets the scene for what the world can expect in China’s fifth decade of reform and development. A key feature of this book is its comprehensive coverage of the key issues involved in China’s economic reform and development. Included are discussions of China’s 40 years of reform and development in a global perspective; the political economy of economic transformation; the progress of marketisation and changes in market-compatible institutions; the reform program for state-owned enterprises; the financial sector and fiscal system reform, and its foreign exchange system reform; the progress and challenges in economic rebalancing; and the continuing process of China’s global integration. This book further documents and analyses the development experiences including China’s large scale of migration and urbanisation, the demographic structural changes, the private sector development, income distribution, land reform and regional development, agricultural development, and energy and climate change policies.
Author: Jane Golley
Publisher: ANU E Press
ISBN: 1921862297
Category : Political Science
Languages : en
Pages : 362
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Book Description
Where the last three decades of the 20th century witnessed a China rising on to the global economic stage, the first three decades of the 21st century are almost certain to bring with them the completion of that rise, not only in economic, but also political and geopolitical terms. China's integration into the global economy has brought one-fifth of the global population into the world trading system, which has increased global market potential and integration to an unprecedented level. The increased scale and depth of international specialisation propelled by an enlarged world market has offered new opportunities to boost world production, trade and consumption; with the potential for increasing the welfare of all the countries involved. However, China's integration into the global economy has forced a worldwide reallocation of economic activities. This has increased various kinds of friction in China's trading and political relations with others, as well as generating several globally significant externalities. Finding ways to accommodate China's rise in a way that ensures the future stability and prosperity of the world economy and polity is probably the most important task facing the world community in the first half of the 21st century. The book delves into these issues to reflect upon the wide range of opportunities and challenges that have emerged in the context of a rising China.
Author: Lowell Dittmer
Publisher: Rowman & Littlefield
ISBN: 9780742539310
Category : History
Languages : en
Pages : 534
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Book Description
China's rapid and complex political and socioeconomic changes provide fertile ground for pioneering analysis, but they also present daunting theoretical and practical challenges. This reader takes up the challenge, offering the most comprehensive assessment of Chinese domestic politics available by bringing together the best recent scholarship in the field. The anthology focuses on the origin, content, and significance of the post-1989 phase of China's reform and opening to the world, commonly known in the PRC as "deep reform." This period has been unfolding in interaction with globalization, marketization, privatization, political institutionalization, as well as with financial and legal changes. Deep reform includes new policy initiatives that have penetrated political, legal, economic, and social sectors untouched by previous initiatives as reformers have been forced to deal with the consequences--intended and unintended--of earlier reforms. These carefully selected essays by leading scholars have been revised and updated for this text. In addition, a substantive introduction and conclusion place the articles in their broader context for readers new to the subject. With the successful transition of the leadership of the party, state, and military since 2002, the time is ripe for a comprehensive evaluation of China's deep reform as it enters a new stage. This timely reader will offer students, scholars, and policymakers invaluable insights into the dynamics of change in one of the world's emerging political and economic dynamos. Contributions by: Marc Blecher, Bruce J. Dickson, Lowell Dittmer, Joseph Fewsmith, Ting Gong, Baogang Guo, William Hurst, Cheng Li, Guoli Liu, Andrew J. Nathan, Kevin J. O'Brien, Veronica Pearson, Randall Peerenboom, Yingyi Qian, Tony Saich, Tianjian Shi, Edward S. Steinfeld, Shaoguang Wang, Lynn White, Yu-Shan Wu, and Guobin Yang
Author: Huiyao Wang
Publisher: Springer Nature
ISBN: 9811686033
Category : Asia
Languages : en
Pages : 246
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Book Description
This book is open access under a CC BY-NC-ND 4.0 license. Multinational corporations (MNCs) have long played a crucial role in the Chinese economy. This role is one that is set to continue in the post-pandemic era as China works to transit to a high-quality growth model that is more sustainable and innovation-driven. With global experience and front-line involvement in some of the most pressing economic, technological, and environmental issues of our day, leading figures in MNCs and chambers of commerce are well placed to share insights that could potentially contribute to policymaking and development strategies so that everyone can “make the most” of China’s future. This collection of essay aims to share these invaluable insights with a wider audience, offering balanced and diverse perspectives from companies and advocacy groups working on a range of issues related to China’s domestic development, international economic cooperation, and China-US competition. These insights are useful not only for the wider business community, but also for academics, policymakers, students, and anyone trying to deepen their understanding of this exciting period of “transition and opportunity,” and make the most of China’s bright future. .
