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Book Is China Buying the World

Download or read book Is China Buying the World written by Peter Nolan and published by John Wiley & Sons. This book was released on 2013-04-30 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has become the world's second biggest economy and its largest exporter. It possesses the world's largest foreign exchange reserves and has 29 companies in the FT 500 list of the world's largest companies. ‘China's Rise' preoccupies the global media, which regularly carry articles suggesting that it is using its financial resources to ‘buy the world'. Is there any truth to this idea? Or is this just scaremongering by Western commentators who have little interest in a balanced presentation of China's role in the global political economy? In this short book Peter Nolan - one of the leading international experts on China and the global economy - probes behind the media rhetoric and shows that the idea that China is buying the world is a myth. Since the 1970s the global business revolution has resulted in an unprecedented degree of industrial concentration. Giant firms from high income countries with leading technologies and brands have greatly increased their investments in developing countries, with China at the forefront. Multinational companies account for over two-thirds of China's high technology output and over ninety percent of its high technology exports. Global firms are deep inside the Chinese business system and are pressing China hard to be permitted to increase their presence without restraints. By contrast, Chinese firms have a negligible presence in the high-income countries - in other words, we are ‘inside them' but they are not yet ‘inside us'. China's 70-odd ‘national champion' firms are protected by the government through state ownership and other support measures. They are in industries such as banking, metals, mining, oil, power, construction, transport, and telecommunications, which tend to make use of high technology products rather than produce these products themselves. Their growth has been based on the rapidly growing home market. China has been unsuccessful so far in its efforts to nurture a group of globally competitive firms with leading global technologies and brands. Whether it will be successful in the future is an open question. This balanced analysis replaces rhetoric with evidence and argument. It provides a much-needed perspective on current debates about China's growing power and it will contribute to a constructive dialogue between China and the West.

Book Is China Buying the World

Download or read book Is China Buying the World written by Peter Nolan and published by Polity. This book was released on 2012-04-02 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new book, written by a leading international expert on China and the global economy, which examines the widely-held belief that China is buying the world.

Book China and the Developing World

Download or read book China and the Developing World written by Joshua Eisemann and published by Routledge. This book was released on 2015-08-20 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's relationship with the developing world is a fundamental part of its larger foreign policy strategy. Sweeping changes both within and outside of China and the transformation of geopolitics since the end of the cold war have prompted Beijing to reevaluate its strategies and objectives in regard to emerging nations.Featuring contributions by recognized experts, this is the first full-length treatment of China's relationship with the developing world in nearly two decades. Section one provides a general overview and framework of analysis for this important aspect of Chinese policy. The chapters in the second part of the book systematically examine China's relationships with Africa, the Middle East, Central Asia, Latin America, South Asia, and Southeast Asia. The book concludes with a look into the future of Chinese foreign policy.

Book The Rise of China and the Demise of the Capitalist World Economy

Download or read book The Rise of China and the Demise of the Capitalist World Economy written by Minqi Li and published by Monthly Review Press. This book was released on 2009-03-01 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, China has become a major actor in the global economy, making a remarkable switch from a planned and egalitarian socialism to a simultaneously wide-open and tightly controlled market economy. Against the establishment wisdom, Minqi Li argues in this provocative and startling book that far from strengthening capitalism, China’s full integration into the world capitalist system will, in fact and in the not too distant future, bring about its demise. The author tells us that historically the spread and growth of capitalist economies has required low wages, taxation, and environmental costs, as well as a hegemonic nation to prevent international competition from eroding these requirements. With the decline of the economic power of the United States, its current hegemonic role will deteriorate and the unprecedented growth of China will so erode the foundations of capital accumulation—by pushing wages and environmental costs up, for example—that the entire capitalist system will be shaken to its core. This is essential reading for those who still believe that there is no alternative.

Book Restless Empire

    Book Details:
  • Author : Odd Arne Westad
  • Publisher : Basic Books
  • Release : 2012-08-28
  • ISBN : 0465029361
  • Pages : 536 pages

Download or read book Restless Empire written by Odd Arne Westad and published by Basic Books. This book was released on 2012-08-28 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the twenty-first century dawns, China stands at a crossroads. The largest and most populous country on earth and currently the world's second biggest economy, China has recently reclaimed its historic place at the center of global affairs after decades of internal chaos and disastrous foreign relations. But even as China tentatively reengages with the outside world, the contradictions of its development risks pushing it back into an era of insularity and instability -- a regression that, as China's recent history shows, would have serious implications for all other nations. In Restless Empire, award-winning historian Odd Arne Westad traces China's complex foreign affairs over the past 250 years, identifying the forces that will determine the country's path in the decades to come. Since the height of the Qing Empire in the eighteenth century, China's interactions -- and confrontations -- with foreign powers have caused its worldview to fluctuate wildly between extremes of dominance and subjugation, emulation and defiance. From the invasion of Burma in the 1760s to the Boxer Rebellion in the early 20th century to the 2001 standoff over a downed U.S. spy plane, many of these encounters have left Chinese with a lingering sense of humiliation and resentment, and inflamed their notions of justice, hierarchy, and Chinese centrality in world affairs. Recently, China's rising influence on the world stage has shown what the country stands to gain from international cooperation and openness. But as Westad shows, the nation's success will ultimately hinge on its ability to engage with potential international partners while simultaneously safeguarding its own strength and stability. An in-depth study by one of our most respected authorities on international relations and contemporary East Asian history, Restless Empire is essential reading for anyone wishing to understand the recent past and probable future of this dynamic and complex nation.

Book Global China

    Book Details:
  • Author : Tarun Chhabra
  • Publisher : Brookings Institution Press
  • Release : 2021-06-22
  • ISBN : 0815739176
  • Pages : 430 pages

Download or read book Global China written by Tarun Chhabra and published by Brookings Institution Press. This book was released on 2021-06-22 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book The World According to China

Download or read book The World According to China written by Elizabeth C. Economy and published by John Wiley & Sons. This book was released on 2021-10-25 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: An economic and military superpower with 20 percent of the world’s population, China has the wherewithal to transform the international system. Xi Jinping’s bold calls for China to “lead in the reform of the global governance system” suggest that he has just such an ambition. But how does he plan to realize it? And what does it mean for the rest of the world? In this compelling book, Elizabeth Economy reveals China’s ambitious new strategy to reclaim the country’s past glory and reshape the geostrategic landscape in dramatic new ways. Xi’s vision is one of Chinese centrality on the global stage, in which the mainland has realized its sovereignty claims over Hong Kong, Taiwan, and the South China Sea, deepened its global political, economic, and security reach through its grand-scale Belt and Road Initiative, and used its leadership in the United Nations and other institutions to align international norms and values, particularly around human rights, with those of China. It is a world radically different from that of today. The international community needs to understand and respond to the great risks, as well as the potential opportunities, of a world rebuilt by China.

Book China Buys the World

Download or read book China Buys the World written by Andrew Collier and published by Springer. This book was released on 2018-02-07 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the strategies that will define China’s overseas expansion in the coming years. China is spending billions of dollars acquiring overseas companies and assets, from the Chicago Mercantile Exchange to the Hinkley Point nuclear station. Will this corporate buying binge continue? In this book, Collier argues that state control will occur only among certain strategically key acquisitions while many of the corporate acquisitions will be done by smaller, private firms. However, China’s rising debt load may restrict the ability of many firms to obtain capital, including from China’s shadow banking sector. A key to understanding China’s strategy is to look at how the state intervenes in private business. Collier ably brings clarity to the “gray area” between state and private economic activity in this complex landscape. As the West faces China’s growing investments abroad, this book will be required reading for executives and decision makers, journalists, and policy makers.

Book The End of Cheap China

Download or read book The End of Cheap China written by Shaun Rein and published by John Wiley & Sons. This book was released on 2012-02-13 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: As China evolves, so does the global marketplace—all the way down to the consumer The End of Cheap China is a detailed look at the rise of China, and how it will affect the global marketplace. A thorough exploration of the changes taking place in the Chinese economy, the book explains how much of the Western consumerist culture is built on the back of cheap Chinese factory labor, and warns that the era is coming to a close. Readers will learn why the cheap labor pool is beginning to dry up, what that means for the rest of the world, and how businesses will have to adapt to stay afloat. This updated second edition includes new statistics, the latest news on the Chinese economy, and additional case studies that illustrate the ways in which China has developed—into a brand-new potential market. China's social, political, and economic evolution will affect the entire world. Rising incomes are building pressure on the global commodities market, inflation is only just beginning, and consumers are experiencing sticker shock as cheap labor is becoming harder to find. The End of Cheap China explains the factors driving these changes, the impact that can be expected, and the opportunities that constitute a major silver lining for businesses panicking about the coming paradigm shift. Readers will: Discover the eight mega-trends changing China, and how far the ripples will spread Learn how rising costs in China will dramatically affect the American way of life Examine the rise of Chinese consumption, and the friction it engenders Consider the changes businesses must make to remain profitable in a changing world The global marketplace is evolving, and it's up to businesses to keep pace with the changes. The End of Cheap China provides a roadmap for navigating these changes, helping businesses lead the charge toward a more affluent global economy.

Book China Fortunes

Download or read book China Fortunes written by John D. Kuhns and published by John Wiley & Sons. This book was released on 2010-12-09 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: A thoroughly modern global business story In the spirit of James Clavell, China Fortunes is a vast and sweeping story that addresses one of the hottest topics of the day, Chinese business. From a chaotic start in China to an embezzling Chinese company president on the run in Manilla, this book follows the monetary ups and downs of Jack Davis, an American financier drawn to the great Asian nation by the wealth of opportunities that accompanied the opening of the country to outsiders. Traces the beginnings of China's entry into the industrial age, as it hesitantly embraced capitalism while enthusiastically chased foreign dollars Takes readers through the bond trading floors of Wall Street to the opaque world of investment boutiques, market crashes and business failures, IPOs, failing marriages, and multi-national hydro electric deals Written by a leading China businessman with deep connections in China and beyond Drawing on the experiences of one of the first western investment bankers to do business in China, this exciting tale brings you up close to the rising fortunes and risky business of the Middle Kingdom.

Book The War for China   s Wallet

Download or read book The War for China s Wallet written by Shaun Rein and published by Walter de Gruyter GmbH & Co KG. This book was released on 2017-12-04 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: With Chinese-led initiatives such as One Belt One Road (OBOR) and the Asian Infrastructure Investment Bank (AIIB) combined with uncertainty due to US shifts in policy and apparent commitments over the past decade, the stakes are high for companies looking to profit from the world’s newest superpower. Post-financial crisis, China has emerged as the largest or second largest trading partner for most countries. It has become the second largest market for Fortune 500 companies like Starbucks, Apple, and Nike and drives growth for Hollywood and commodity products. Yet the profits come at a price for countries and companies alike—they must adhere to the political goals of Beijing or else face economic punishment or outright banishment. Using primary research from interviews with hundreds of business executives and government officials, The War for China’s Wallet will help companies understand how to profit from China’s outbound economic plans as well as a shifting consumer base that is increasingly nationalistic. The countries and companies that get it right will benefit from China’s wallet but those that do not will lose out on the world’s largest growth engine for the next two decades. Click here for information on the author's MSNBC interview: https://mobile.twitter.com/OARichardEngel/status/1147861623211798528 Check out the interviews at Bloomberg, Forbes, and Marketplace on this book: https://www.bloomberg.com/news/audio/2017-12-05/those-who-heed-china-s-political-ambitions-will-benefit https://www.forbes.com/sites/russellflannery/2017/11/28/how-to-profit-from-chinas-rising-nationalism/amp/ https://www.marketplace.org/2017/12/18/world/shaun-rein-interview Financial Times subscribers can read this review of The War for China’s Wallet: https://www.ft.com/content/b6bb55c4-e4b4-11e7-97e2-916d4fbac0da The book's review in South China Morning Post can be read at: http://m.scmp.com/culture/books/article/2126477/book-review-war-chinas-wallet-readable-if-one-sided-view-chinas

Book China Goes Global

Download or read book China Goes Global written by David Shambaugh and published by Oxford University Press. This book was released on 2013-01-18 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most global citizens are well aware of the explosive growth of the Chinese economy. Indeed, China has famously become the "workshop of the world." Yet, while China watchers have shed much light on the country's internal dynamics--China's politics, its vast social changes, and its economic development--few have focused on how this increasingly powerful nation has become more active and assertive throughout the world. In China Goes Global, eminent China scholar David Shambaugh delivers the book that many have been waiting for--a sweeping account of China's growing prominence on the international stage. Thirty years ago, China's role in global affairs beyond its immediate East Asian periphery was decidedly minor and it had little geostrategic power. Today however, China's expanding economic power has allowed it to extend its reach virtually everywhere--from mineral mines in Africa, to currency markets in the West, to oilfields in the Middle East, to agribusiness in Latin America, to the factories of East Asia. Shambaugh offers an enlightening look into the manifestations of China's global presence: its extensive commercial footprint, its growing military power, its increasing cultural influence or "soft power," its diplomatic activity, and its new prominence in global governance institutions. But Shambaugh is no alarmist. In this balanced and well-researched volume, he argues that China's global presence is more broad than deep and that China still lacks the influence befitting a major world power--what he terms a "partial power." He draws on his decades of China-watching and his deep knowledge of the subject, and exploits a wide variety of previously untapped sources, to shed valuable light on China's current and future roles in world affairs.

Book China in the World

    Book Details:
  • Author : Ban Wang
  • Publisher : Sinotheory
  • Release : 2022
  • ISBN : 9781478010845
  • Pages : 224 pages

Download or read book China in the World written by Ban Wang and published by Sinotheory. This book was released on 2022 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ban Wang traces the shifting concept of the Chinese state from the late nineteenth century to the present, showing how the Confucian notion of tianxia--"all under heaven"--influences China's dedication to contributing to and exchanging with a common world.

Book How China Sees the World

Download or read book How China Sees the World written by John M. Friend and published by Potomac Books. This book was released on 2018-11-01 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Han-centrism, a virulent form of Chinese nationalism, asserts that the Han Chinese are superior to other peoples and have a legitimate right to advance Chinese interests at the expense of other countries. Han nationalists have called for policies that will allow China to reclaim the prosperity stolen by foreign powers during the “Century of Humiliation.” The growth of Chinese capabilities and Han-centrism suggests that the United States, its allies, and other countries in Asia will face an increasingly assertive China—one that thinks it possesses a right to dominate international politics. John M. Friend and Bradley A. Thayer explore the roots of the growing Han nationalist group and the implications of Chinese hypernationalism for minorities within China and for international relations. The deeply rooted chauvinism and social Darwinism underlying Han-centrism, along with China’s rapid growth, threaten the current stability of international politics, making national and international competition and conflict over security more likely. Western thinkers have yet to consider the adverse implications of a hypernationalistic China, as opposed to the policies of a pragmatic China, were it to become the world’s dominant state.

Book China Orders the World

Download or read book China Orders the World written by William A. Callahan and published by Johns Hopkins University Press. This book was released on 2012-02-27 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines a series of complex debates surrounding the role of China’s historical ideals in shaping its foreign policy. Presenting and analyzing the works of key Chinese philosophers and prominent international relations theorists, the contributors—prestigious scholars from China, the United States, the United Kingdom, and France—examine how an idealized version of China’s imperial past now inspires a new generation of Chinese scholars and policymakers and their plans for China’s future. Although a growing number of books treat China’s rise and world view, China Orders the World brings together Chinese and Western scholars in a uniquely detailed and nuanced exploration of how traditional Chinese culture is being remolded into a "Chinese-style" world order for the twenty-first century.

Book The New China Playbook

Download or read book The New China Playbook written by Keyu Jin and published by Penguin. This book was released on 2023-05-16 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Keyu Jin is a brilliant thinker.” —Tony Blair, former prime minster of the United Kingdom A myth-dispelling, comprehensive guide to the Chinese economy and its path to ascendancy. China's economy has been booming for decades now. A formidable and emerging power on the world stage, the China that most Americans picture is only a rough sketch, based on American news coverage, policy, and ways of understanding. Enter Keyu Jin: a world-renowned economist who was born in China, educated in the U.S., and is now a tenured professor at the London School of Economics. A person fluent in both Eastern and Western cultures, and a voice of the new generation of Chinese who represent a radical break from the past, Jin is uniquely poised to explain how China became the most successful economic story of our time, as it has shifted from primarily state-owned enterprise to an economy that is thriving in entrepreneurship, and participation in the global economy. China’s economic realm is colorful and lively, filled with paradoxes and conundrums, and Jin believes that by understanding the Chinese model, the people, the culture and history in its true perspective, one can reconcile what may appear to be contradictions to the Western eye. What follows is an illuminating account of a burgeoning world power, its past, and its potential future.

Book Great State

    Book Details:
  • Author : Timothy Brook
  • Publisher : Profile Books
  • Release : 2019-09-19
  • ISBN : 1782833471
  • Pages : 594 pages

Download or read book Great State written by Timothy Brook and published by Profile Books. This book was released on 2019-09-19 with total page 594 pages. Available in PDF, EPUB and Kindle. Book excerpt: China is one of the oldest states in the world. It achieved its approximate current borders with the Ascendancy of the Yuan dynasty in the 13th century, and despite the passing of one Imperial dynasty to the next, it has maintained them for the eight centuries since. Even the European colonial powers at the height of their power could not move past coastal enclaves. Thus, China remained China through the Ming, the Qing, the Republic, the Occupation, and Communism. But, despite the desires of some of the most powerful people in the Great State through the ages, China has never been alone in the world. It has had to contend with invaders from the steppe and the challenges posed by foreign traders and imperialists. Indeed, its rulers for the majority of the last eight centuries have not been Chinese. Timothy Brook examines China's relationship with the world from the Yuan through to the present by following the stories of ordinary and extraordinary people navigating the spaces where China met and meets the world. Bureaucrats, horse traders, spiritual leaders, explorers, pirates, emperors, invaders, migrant workers, traitors, and visionaries: this is a history of China as no one has told it before.