China Factors

Author : Gordon Cheung
Publisher : Routledge
ISBN 13 : 1351528815
Total Pages : 184 pages
Book Rating : 4.18/5 ( download)

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Download or read book China Factors written by Gordon Cheung and published by Routledge. This book was released on 2017-07-28 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: China Factors offers a first-hand perspective on political and socio-economic changes in Hong Kong after the official changeover to control by China. It reflects the author's observations, personal encounters, interviews, and experiences, especially after 1997 when the changeover occurred, and also when the Asian financial crisis emerged.The focus here is on the political economy of Greater China (China, Taiwan, and Hong Kong). The author witnessed the subtle political and economic changes in Hong Kong during the period, and the clear and present influence of China on Hong Kong as well as Taiwan. China Factors illustrates the full import of the rise of China, and the impact of political, social, and economic relations around Greater China.Gordon Cheung shows, the key factors for the region are integration, interdependence, identity, and independence--otherwise known as the four i's. Individually, each factor spurs new directions in the ever-changing political economy of that region. Other factors, such as cross- strait relations, and Hong Kong and Macau's reversion to China, are also creating new interactions within the region. Politically, these China factors challenge traditional bilateral and multilateral relations. Conceptually, they require further investigation, as possible new Chinese interactions with other states may influence regional affairs.Cheung believes the examination of the China factors he identifies here will help to shed light on evolving East Asian relations as well as to spur reexamination of governance of this important region. The book will be of keen interest to specialists in Asian studies, and China in particular, as well as those interested in international affairs and U.S. foreign policy.

Author : Qing-Ping Ma
Publisher : Routledge
ISBN 13 : 0429602804
Total Pages : 110 pages
Book Rating : 4.01/5 ( download)

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Download or read book What Drives China’s Economy written by Qing-Ping Ma and published by Routledge. This book was released on 2019-11-26 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: The spectacular economic growth experienced by China since 1978 has often been hailed as the "China Miracle". Many economists have tried to understand the forces behind China’s phenomenal growth and the explanations can be divided into two broad schools of economic thought — one school of thought which includes Nobel Laureate Paul Krugman explains that market mechanism and deregulation led to China’s success, while the other school of thought which include Justin Yifu Lin, the former Chief Economist and Senior Vice-President of the World Bank, explains that China’s growth miracle is a unique model to itself defined by the Chinese government’s prominent role. The Chinese government has been responsible in identifying and investing in industries that have contributed to economic growth. Some economists in the latter school even claim that the China Miracle cannot be explained by mainstream economics. This book examines both schools of thought and attempts to provide a synthesis of the two schools to explain the China Miracle. It looks at the Solow-Swan growth model, the Harrod-Domar model and transaction cost theory. It provides insights into whether and how China can sustain its growth and how developing countries may replicate China’s success.

Author : Teng Hwee Lee
Publisher :
ISBN 13 :
Total Pages : 458 pages
Book Rating : 4.96/5 ( download)

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Download or read book Vital Factors in China's Problems written by Teng Hwee Lee and published by . This book was released on 1927 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : David Dollar
Publisher : Brookings Institution Press
ISBN 13 : 0815738064
Total Pages : 444 pages
Book Rating : 4.60/5 ( download)

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Download or read book China 2049 written by David Dollar and published by Brookings Institution Press. This book was released on 2020-06-09 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: How will China reform its economy as it aspires to become the next economic superpower? It's clear that China is the world's next economic superpower. But what isn't so clear is how China will get there by the middle of this century. It now faces tremendous challenges such as fostering innovation, dealing with ageing problem and coping with a less accommodative global environment. In this book, economists from China's leading university and America's best-known think tank offer in depth analyses of these challenges. Does China have enough talent and right policy and institutional mix to transit from input-driven to innovation-driven economy? What does ageing mean, in terms of labor supply, consumption demand and social welfare expenditure? Can China contain the environmental and climate change risks? How should the financial system be transformed in order to continuously support economic growth and keep financial risks under control? What fiscal reforms are required in order to balance between economic efficiency and social harmony? What roles should the state-owned enterprises play in the future Chinese economy? In addition, how will technological competition between the United States and China affect each country's development? Will the Chinese yuan emerge as a major reserve currency, and would this destabilize the international financial system? What will be China's role in the international economic institutions? And will the United States and other established powers accept a growing role for China and the rest of the developing world in the governance of global institutions such as the World Trade Organization and the International Monetary Fund, or will the world devolve into competing blocs? This book provides unique insights into independent analyses and policy recommendations by a group of top Chinese and American scholars. Whether China succeeds or fails in economic reform will have a large impact, not just on China's development, but also on stability and prosperity for the whole world.

Author : American Assembly
Publisher : The American Assembly
ISBN 13 :
Total Pages : 16 pages
Book Rating : 4./5 ( download)

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Download or read book The China Factor written by American Assembly and published by The American Assembly. This book was released on 1981 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Gerald Segal
Publisher : Routledge
ISBN 13 : 0429801866
Total Pages : 208 pages
Book Rating : 4.60/5 ( download)

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Download or read book The China Factor written by Gerald Segal and published by Routledge. This book was released on 2018-09-18 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this book, first published in 1982, is to analyse certain crucial aspects of the great power triangle in order to establish a more complete picture of the role of China in the superpower balance. These essays examine the key political, economic and military issues involved in the complex relations between the three great powers.

Author : David L. Shambaugh
Publisher : Routledge
ISBN 13 : 1315291991
Total Pages : 248 pages
Book Rating : 4.94/5 ( download)

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Download or read book Is China Unstable? written by David L. Shambaugh and published by Routledge. This book was released on 2016-09-16 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focuses on the potential for instability in China from political, economic, and historical perspectives. The book considers elite (national) and local politics, micro- and macro-economics, urban and rural conditions, attitudes among intellectuals, and minority areas. The high profile contributors include Thomas Bernstein, Pieter Bottelier, Bruce Dickson, June Dryer, Merle Goldman, Steven Jackson, Nicholas Lardy, H. Lyman Miller, David Shambaugh, and Dorothy Solinger.

Author : R.J. Ross
Publisher : Routledge
ISBN 13 : 1315502283
Total Pages : 209 pages
Book Rating : 4.81/5 ( download)

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Download or read book After the Cold War: Domestic Factors and U.S.-China Relations written by R.J. Ross and published by Routledge. This book was released on 2016-07-01 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: As relations between the United States and China move into a period of intense activity and sensitivity, this timely book addresses the impact of domestic factors in both countries on their post-Cold War/post-Tiananmen relations. The contributors examine the issue from a number of distinct perspectives: the increased impact of domestic factors in both countries due to changing strategic circumstances; the politics of China policy in the United States, with emphasis on the role of interest groups vis-a-vis Congress, the media, and other domestic institutions; the importance of domestic factors in U.S.-China economic conflicts; the combined impact of domestic factors in both China and the United States on the most important conflict of interest in U.S.-China relations -- the Taiwan issue.

Author : Yin-Wong Cheung
Publisher : MIT Press
ISBN 13 : 0262304945
Total Pages : 473 pages
Book Rating : 4.48/5 ( download)

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Download or read book The Evolving Role of China in the Global Economy written by Yin-Wong Cheung and published by MIT Press. This book was released on 2012-11-30 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experts analyze four factors in China's economic growth: exchange rate policy, savings and investments, monetary policy, and foreign direct investments. China is now the world's second largest economy and may soon overtake the United States as the world's largest. Despite its adoption of some free-market principles, China considers itself a “socialist-market economy,” suggesting that the government still plays a major role in the country's economic development. This book offers a systematic analysis of four factors in China's rapid economic growth: exchange rate policy, savings and investment, monetary policy and capital controls, and foreign direct investment (FDI). Contributors offer fresh perspectives on the undervaluation of the renminbi, the dollar peg, and China's macroeconomic relationships with the rest of the world. They review factors shaping China's saving dynamics and analyze the growth of the private sector despite limited access to external finance. They examine the monetary policy independence of the People's Bank of China, offshore markets for China's currency, and the effectiveness of China's capital controls. Finally, they consider Chinese FDI in terms of China's growing demand for energy and raw materials, exploring the factors that drive China's FDI in the conventional oil-producing countries and in Africa.

Author : Congressional Research Service
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781976466953
Total Pages : 52 pages
Book Rating : 4.54/5 ( download)

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Download or read book China's Economic Rise written by Congressional Research Service and published by Createspace Independent Publishing Platform. This book was released on 2017-09-17 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.