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Author: Yos Santasombat
Publisher: ISEAS-Yusof Ishak Institute
ISBN: 9814818380
Category : Business & Economics
Languages : en
Pages : 38
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Book Description
China’s rise exerts a powerful pull on ASEAN economies and constitutes an impetus for a resinicization of Overseas Chinese in Southeast Asia. China has become a skilled practitioner of “commercial diplomacy”, and as long as it continues to lead the way in regional integration, China’s state-led capitalism will seek to integrate itself into the ASEAN Economic Community. This in effect becomes China’s essential strategy of desecuritization for the region. With increasing trade and investment between China and ASEAN countries, the ethnic Chinese economic elites have managed to serve as “connectors and bridges” between the two sides, and benefited in the process from joint ventures and business investments. The impact of new Chinese Capitalism on SMEs, however, has not been equally positive. As China rises, Southeast Asia has witnessed increased complexity and variations of “hybrid capitalism”, including alliances between state-led capitalism, transnational entrepreneurs emanating from China’s “going out” policy and ethnic Chinese in Southeast Asia. Three main forms of Chinese Capitalism in Southeast Asia are neoliberal capitalism, flexible capitalism and Confucian capitalism. These intermingle into a range of local varieties under different socio-economic conditions.
Author: Yos Santasombat
Publisher: ISEAS-Yusof Ishak Institute
ISBN: 9814818380
Category : Business & Economics
Languages : en
Pages : 38
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Book Description
China’s rise exerts a powerful pull on ASEAN economies and constitutes an impetus for a resinicization of Overseas Chinese in Southeast Asia. China has become a skilled practitioner of “commercial diplomacy”, and as long as it continues to lead the way in regional integration, China’s state-led capitalism will seek to integrate itself into the ASEAN Economic Community. This in effect becomes China’s essential strategy of desecuritization for the region. With increasing trade and investment between China and ASEAN countries, the ethnic Chinese economic elites have managed to serve as “connectors and bridges” between the two sides, and benefited in the process from joint ventures and business investments. The impact of new Chinese Capitalism on SMEs, however, has not been equally positive. As China rises, Southeast Asia has witnessed increased complexity and variations of “hybrid capitalism”, including alliances between state-led capitalism, transnational entrepreneurs emanating from China’s “going out” policy and ethnic Chinese in Southeast Asia. Three main forms of Chinese Capitalism in Southeast Asia are neoliberal capitalism, flexible capitalism and Confucian capitalism. These intermingle into a range of local varieties under different socio-economic conditions.
Author: Yos Santasombat
Publisher: Springer
ISBN: 9811046964
Category : Social Science
Languages : en
Pages : 331
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Book Description
This collection examines the historically and geographically specific form of economic organization of the overseas Chinese in Southeast Asia and how it has adapted to the different historical and socio-political contexts of Southeast Asian countries. Moving beyond cultural explanations and traits to focus on the process of evolution and dynamism of situated practices, it argues that Chinese Capitalism is rapidly becoming a form of ‘hybrid capitalism’ and embodies the interdependent of culturally and institutionally specific dynamics at local and regional level, evolving and adapting to different institutional contexts and politico-economic conditions in the host Asian economies. This text also explores the social organization and political economy of the so-called overseas Chinese by examining the changing dynamism of Chinese capitalism in relation to forces of globalization. Focusing on key actors, primarily Chinese entrepreneurs in their business practices, and situated practices as well as cultural, political, social and economic factors under globalizing conditions, it provides providing a broad understanding without fixating or homogenizing Chinese capitalism, contributing to the understanding of the contexts that give rise to the emergence and transformation of Chinese Capitalism in Southeast Asia.
Author: Brian C. Folk
Publisher: Routledge
ISBN: 1134389302
Category : Business & Economics
Languages : en
Pages : 266
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Book Description
The role of ethnic Chinese business in Southeast Asia in catalyzing economic development has been hotly debated - and often misunderstood - throughout cycles of boom and bust. This book critically examines some of the key features attributed to Chinese business: business-government relations, the family firm, trust and networks, and supposed 'Asian' values. The in-depth case studies that feature in the book reveal considerable diversity among these firms and the economic and political networks in which they manoeuvre. With contributions from leading scholars and under the impressive editorship of Jomo and Folk, Ethnic Business is a well-written, important contribution to not only students of Asian business and economics, but also professionals with an interest in those areas.
Author: Andrew B. Liu
Publisher: Yale University Press
ISBN: 0300252331
Category : History
Languages : en
Pages : 359
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Book Description
A history of capitalism in nineteenth‑ and twentieth‑century China and India that explores the competition between their tea industries “Tea War is not only a detailed comparative history of the transformation of tea production in the 19th and early 20th centuries, but it also intervenes in larger debates about the nature of capitalism, global modernity, and global history.”— Alexander F. Day, Occidental College Tea remains the world’s most popular commercial drink today, and at the turn of the twentieth century, it represented the largest export industry of both China and colonial India. In analyzing the global competition between Chinese and Indian tea, Andrew B. Liu challenges past economic histories premised on the technical “divergence” between the West and the Rest, arguing instead that seemingly traditional technologies and practices were central to modern capital accumulation across Asia. He shows how competitive pressures compelled Chinese merchants to adopt abstract industrial conceptions of time, while colonial planters in India pushed for labor indenture laws to support factory-style tea plantations. Characterizations of China and India as premodern backwaters, he explains, were themselves the historical result of new notions of political economy adopted by Chinese and Indian nationalists, who discovered that these abstract ideas corresponded to concrete social changes in their local surroundings. Together, these stories point toward a more flexible and globally oriented conceptualization of the history of capitalism in China and India.
Author: Hoang Thi Ha
Publisher: ISEAS-Yusof Ishak Institute
ISBN: 9814843539
Category : Political Science
Languages : en
Pages : 45
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Book Description
China’s engagement with ASEAN over the South China Sea, from the Declaration on the Conduct of Parties in the South China Sea to the ongoing negotiations on the Code of Conduct (COC), exhibits a dynamic continuum with two constants: 1. Dismissal of any legally binding instrument that would constrain China’s freedom of action; and 2. Persistent territorialization of the SCS despite Beijing’s simultaneous diplomatic engagement with ASEAN. The continuity is juxtaposed with elements of change in China’s engagement with ASEAN, as afforded by the former’s growing power and influence. This metamorphosis is manifested in China’s efforts to undermine ASEAN unity, robustly assert its claims in the SCS, and use economic statecraft towards ASEAN member states in return for their acquiescence. China’s more “active” engagement in the COC over the past three years is tactical and does not signify a fundamental change in its long-term strategy that seeks to eventually establish its sovereignty and control over the SCS based on the nine-dash-line (NDL). The divergent positions between China and some ASEAN member states on the COC, especially its scope of application, self-restraint elements, legal status and dispute settlement mechanism, are not easy to reconcile. The COC may end up being a non-binding political document with a general scope of application, which will have little effect in regulating the contracting parties’ behaviour.
Author: Siwage Dharma Negara
Publisher: ISEAS-Yusof Ishak Institute
ISBN: 9814818593
Category : Business & Economics
Languages : en
Pages : 49
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Book Description
For Indonesia, which is keen to accelerate its infrastructure development, Belt and Road Initiative (BRI) is seen as an opportunity to tap into China’s huge financial resources and technological capability. There has however been no concrete BRI project agreed to between China and Indonesia so far. While China considers all projects, including infrastructure projects and economic interactions as part of BRI, Indonesia only considers those infrastructure projects initiated during the Xi Jinping period as BRI projects. Indonesia has offered several broad areas for cooperation under the BRI framework and carefully selected project locations to minimize political risk for the Joko Widodo government. But no agreements have been signed yet as China requires detailed project proposals from Indonesia, which it has apparently not received. What appears to hamper progress are four key issues: the perception of China’s economic domination, the ethnic Chinese issue, the Natuna issue, and the mainland Chinese workers issue.
Author: Robert Boyer
Publisher: Routledge
ISBN: 0415604400
Category : Business & Economics
Languages : en
Pages : 418
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Book Description
The book traces the specificities of Asian economies back to the formation of their basic institutions after WWII. It follows their transformations after the 1997 Asian crisis until the eruption of the subprime crisis.
Author: Young-Chan Kim
Publisher: Springer
ISBN: 9783319242309
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
This volume examines the role of Chinese businesses and industries in Asian production networks. By presenting different case studies of the Asian region, the contributors illustrate how China successfully exports the Chinese business model, based on Chinese ethics, social networks and production integration. The contributors also discuss topics such as the implications and ramifications of global product sharing within Asia; the prospects of free trade agreements in Asia; the economic advantages of Chinese family lineage and Guanxi − an influential Chinese network; collaboration of overseas Chinese with mainland Chinese, as well as direct Chinese business involvement and investment in other Asian countries.
Author: Yos Santasombat
Publisher: Springer
ISBN: 9811300658
Category : Social Science
Languages : en
Pages : 345
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Book Description
Set within the context of ASEAN integration, this book considers how Capitalism from China interacts with the ASEAN Economic Community, considering the issue from a variety of sociological, cultural and economic perspectives. It examines some of the creative strategies – de-sinicization, re-sinicization and re-balancing – employed by local Chinese communities and ASEAN countries to cope with the pressures of Chinese capitalism. The book addresses the phenomenon of Chinese ethnic economic migration, particularly the social capital of being Chinese in South East Asia, as well as community building, the interplay between domestic politics and globalization, and the rise of Chinese tourism related entrepreneurship.
Author: David M. Lampton
Publisher: Univ of California Press
ISBN: 0520976169
Category : Political Science
Languages : en
Pages : 335
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Book Description
What China’s infamous railway initiative can teach us about global dominance. In 2013, Chinese President Xi Jinping unveiled what would come to be known as the Belt and Road Initiative (BRI)—a global development strategy involving infrastructure projects and associated financing throughout the world, including Asia, Africa, the Middle East, Europe, and the Americas. While the Chinese government has framed the plan as one promoting transnational connectivity, critics and security experts see it as part of a larger strategy to achieve global dominance. Rivers of Iron examines one aspect of President Xi Jinping’s “New Era”: China’s effort to create an intercountry railway system connecting China and its seven Southeast Asian neighbors (Cambodia, Laos, Malaysia, Myanmar, Singapore, Thailand, and Vietnam). This book illuminates the political strengths and weaknesses of the plan, as well as the capacity of the impacted countries to resist, shape, and even take advantage of China’s wide-reaching actions. Using frameworks from the fields of international relations and comparative politics, the authors of Rivers of Iron seek to explain how domestic politics in these eight Asian nations shaped their varying external responses and behaviors. How does China wield power using infrastructure? Do smaller states have agency? How should we understand the role of infrastructure in broader development? Does industrial policy work? And crucially, how should competing global powers respond?
