Download or read book China in the Global Economy Reforming China s Enterprises written by OECD and published by OECD Publishing. This book was released on 2000-09-05 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume describes the main reforms that are being undertaken in China's enterprises, the progress that is being made, the problems that are being encountered, and the challenges that remain to be overcome.

Download or read book Reforming China s Enterprises written by and published by OECD. This book was released on 2000 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume describes the main reforms that are being undertaken in China's enterprises, the progress that is being made, the problems that are being encountered, and the challenges that remain to be overcome.

Download or read book China written by Ms.Wanda Tseng and published by International Monetary Fund. This book was released on 2003-02-24 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's economic reforms over the past two decades have brought tremendous economic transformation, rapid growth, and closer integration into the global economy. Real income per capita has increased fivefold, raising millions of Chinese out of poverty. Despite these achievements, difficult reforms--involving the state-owned enterprises and the financial sector--must still be completed, and social pressures from rising unemployment and income inequalities need to be addressed. China's accession to the World Trade Organization will bring benefits but will also impose obligations on the economy, and could prove to be a watershed for the reform process. This book looks at the country's reform process, its past successes and future challenges.

Download or read book Reforming China s Enterprises written by Organisation for Economic Co-operation and Development and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Reforms to China's enterprises are central to the effort to complete the transformation to a market economy that has been underway since 1978. Reforms have become all the more urgent with the severe financial problems now being suffered by a large portion of China's businesses, and with China's prospective entry into the World Trade Organisation. Enterprise reforms involve both state owned and non-state businesses, and encompass a wide range of individual policies to bolster financial performances, improve behaviour, and provide supporting institutions and infrastructure essential to a modern enterprise economy. The study in this volume describes the main reforms that are being undertaken in each of these areas, the progress that is being made, the problems that are being encountered, and the challenges that remain to be overcome. The overall message is that the enterprise reforms are now at a critical juncture. Important progress is being made; but much more remains to be done and rapid advances are needed in several key areas if the overall reform process is to be sustained and China is to realise its growth potential. Topics covered: the current situation of China's enterprises; economic restructuring and SOE reorganisation; establishing effective corporate governance mechanisms; the role of the financial system; developing social security programmes.

Download or read book China and the Global Business Revolution written by P. Nolan and published by Springer. This book was released on 2001-07-26 with total page 1113 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has used industrial policies to try to build large corporations that can challenge those based in more advanced countries. By the late 1990s the operational mechanism of China's large firms had seen large advances. Simultaneously, a revolution has taken place in global business systems, and China's large firms are even further behind the global leaders than when they began their reforms. The WTO will require China to operate rapidly on the 'global playing field' in competition with the world's leading corporations, and this increased gap presents a deep challenge for China's business and political leaders. Peter Nolan presents here the first in-depth case studies of China's large corporations under economic reform, combined with systematic benchmarking of these firms against the world's leading corporations. The book is an unrivalled resource of information on Chinese businesses, and also leads the reader to consider the impact of China's response to its current challenges not only on China itself, but on the wider global economy.

Download or read book The State Strikes Back written by Nicholas R. Lardy and published by Peterson Institute for International Economics. This book was released on 2019-01-01 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's extraordinarily rapid economic growth since 1978, driven by market-oriented reforms, has set world records and continued unabated, despite predictions of an inevitable slowdown. In The State Strikes Back: The End of Economic Reform in China?, renowned China scholar Nicholas R. Lardy argues that China's future growth prospects could be equally bright but are shadowed by the specter of resurgent state dominance, which has begun to diminish the vital role of the market and private firms in China's economy. Lardy's book arrives in timely fashion as a sequel to his pathbreaking Markets over Mao: The Rise of Private Business in China, published by PIIE in 2014. This book mobilizes new data to trace how President Xi Jinping has consistently championed state-owned or controlled enterprises, encouraging local political leaders and financial institutions to prop up ailing, underperforming companies that are a drag on China's potential. As with his previous book, Lardy's perspective departs from conventional wisdom, especially in its contention that China could achieve a high growth rate for the next two decades—if it reverses course and returns to the path of market-oriented reforms.

Download or read book China and Globalization written by Doug Guthrie and published by Routledge. This book was released on 2008-08-22 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this new, revised edition author Doug Guthrie updates his story on modern China and provides the latest authoritative data and examples from current events to chart where this dynamically changing society is headed and what the likely consequences for the rest of the world will be.

Download or read book China s State Enterprises written by Ran Li and published by Springer. This book was released on 2018-06-27 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the nature and significance of China’s state enterprises which have undergone substantial changes since China’s economic liberalization in 1978. It argues that much of the criticism is based on mistaken premises, where even the term ‘state-owned enterprises’ is a misnomer given that the emphasis is much less on ownership than on control. Using numerous case studies, this book highlights the extent to which these enterprises have evolved in response to reforms, and provides an in-depth analysis of their role in China’s outward investment strategy in the “Belt and Road” initiative. This role speaks to their growing influence as China expands her global footprint.

Download or read book The Economy of China written by Linda Y. Yueh and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'The book is a very good snapshot introduction to China and could potentially be used as a supplementary text for undergraduates in their studies on the Chinese economy or Chinese studies.' Herb Thompson, Journal of Contemporary Asia 'By examining the institutional reforms used to make the transition, Yueh provides a comprehensive and exceptionally insightful analysis of economic change in what has become the world's second biggest economy. . . Highly recommended.' C.A. Haulman, Choice The emergence of China since 1979 has been a hallmark in the global economy, not only in the past but also in this century. This comprehensive book provides an analytical view of the remarkable economic development of the most exciting economy in the world. China's impressive economic growth has propelled it from being one of the poorest countries in the world to becoming its second largest economy. It is a complex economy with a mix of characteristics resulting from being both a transition economy and a developing country, which also points to the challenges that it still faces. This book explains China's remarkable transformation from a centrally planned to a more market-oriented economy through examination of the institutional reforms necessary to support such marketisation and eventual global integration. Although no book will be able to be completely comprehensive given the scale of the economy and the remarkable pace of transformation over three decades, this study highlights the key areas giving an overview of the major developments in China's economy, enabling its prospects of continuing growth to be assessed. With topical discussion incorporating recent data and developments, this book will be a stimulating read for academic researchers, postgraduate students in economics, international business, Chinese and area studies, as well as anyone interested in understanding the Chinese economy.

Download or read book Reforming China s State owned Enterprises and Banks written by Becky Chiu and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is informative and readable. It will be of interest to anyone wanting to learn about the development of the Chinese economy in general and the reforms of state-owned enterprises in particular. The data and in-depth discussion presented in the book will appeal to academics as well as policymakers. Yin-Fang Zhang, Journal of the Asia Pacific Economy China watchers will welcome a book which provides a detailed insight into the two pillars of that economy: the state-owned enterprises (SOEs) and the state-owned banks (SOBs). This is a scholarly work, rich in detail. Shelagh Heffernan, The Financial Regulator For China to sustain her transformation requires that she tackle reform of her state-owned enterprises (SOEs) and banks. This book comprehensively assesses the scale of the problem, reviews previous reforms and suggested solutions. Finally the authors propose their own reform agenda, sensitive to Chinese realities. Michael Artis, European University Institute, Italy This is an excellent study of the nexus between the effects of party control, the soft budget of state-owned enterprise (SOEs) and the financial fragility of the state-owned banking system (SOBs) in China. It is both sympathetic and knowledgeable about the problems of achieving reform and progress. Beautifully written, it should become the most influential work in this field in the English-speaking world. Charles A.E. Goodhart, London School of Economics, UK This book s starting point is that after two decades of experiments, during which other transition economies have effectively privatised all of their former state enterprises, China is still endeavouring to find a way to reinvent and re-engineer its own state-owned economic establishments. The authors explore these reforms along with the problems of China s state-owned banks, which have long been troubled by the adverse loans of Chinese enterprises and face foreign competition in 2007 under China s WTO commitments. Drawing on wide-ranging case studies of enterprise reform, Becky Chiu and Mervyn Lewis combine their extensive experience to give an authoritative account of China s enterprise and bank reform agenda, involving property rights, improved corporate governance and stimulating enterprise. This book will be of great interest to business economists, academic economists and those following the development of the Chinese economy.

Download or read book China s 40 Years of Reform and Development 1978 2018 written by Ross Garnaut and published by ANU Press. This book was released on 2018-07-19 with total page 709 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book China s Economic Conditions written by Wayne M. Morrison and published by DIANE Publishing. This book was released on 2010-10 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the initiation of economic reforms and trade liberalization 30 years ago, China has been one of the world¿s fastest-growing economies and has emerged as a major economic and trade power. China¿s economy and economic policies are of major concern to many U.S. policymakers. Contents of this report: Most Recent Developments; An Overview of China¿s Economic Development; Measuring the Size of China¿s Economy; Foreign Direct Investment in China; China¿s Trade Patterns; China¿s Growing Overseas Direct Investment; Major Long-Term Challenges Facing the Chinese Economy; Fallout From the Current Global Financial Crisis. Charts and tables.

Download or read book China s Three Decades of Economic Reforms written by Xiaohui Liu and published by Routledge. This book was released on 2009-09-10 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the thirty years since China initiated economic reforms and its open-door policy, China has been transformed from a poor nation almost completely isolated from the global economy to an engine of growth of the world economy. China’s dynamic transition has been among the most dramatic developments of recent history; and its economy continues to grow rapidly, with important consequences for China’s own society and environment, as well as for the wider world. This book provides a fascinating insight into a wide range of issues on Chinese economy and its three decades of economic reforms. With well-researched, in-depth and comprehensive coverage of key topics, using the latest research findings, this book covers Chinese monetary policy and financial sector reforms; China’s income disparities; the emergence of China’s business groups; the implications of foreign direct investment and innovation and technological developments. The book will be an indispensable guide to scholars, entrepreneurs, policy-makers and all who are interested in China’s economic affairs.

Download or read book China s Reform in Global Perspective written by John Wong and published by World Scientific. This book was released on 2010 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a fascinating perspective of the experiences of China's reform in the past three decades by focusing on China's interaction with and learning from the external world in her unprecedented efforts to reform and open up. After three introductory chapters on broad scope of reform in the political, economic, and social realms, this book deals with lessons from the Eastern Bloc, China's reform in East Asian context, and China and the developed world. The book concludes with two chapters looking to the future of China's political and economic development. In the existing literature of China's reform experience, this book is unique in perspective, topic selection, and in-depth analyses. With contributions from a group of prominent scholars in the field of China studies such as John Wong, Zheng Yongnian, Thomas P Bernstein, Dorothy J Solinger, and Bo Zhiyue, it will be of immense value to anyone who is interested in China.

Download or read book China and the World Economy written by Yih-chyi Chuang and published by LIT Verlag Münster. This book was released on 2010 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's integration in the world economy is perceived as one of the major events in the world economy in recent decades. As a result of the large inflow of foreign direct investment (FDI), China has become one of the leading trade nations worldwide. China's opening to the outside world, privatization of state-owned enterprises, urban and rural industrial development, and pursuit of economic plus ecological policies (green GDP) are presented as key elements of the so-called socialist market economy of Chinese origin. The situation in China tends to present some very contradictory features: in terms of GDP per capita, China still belongs to the group of developing countries but, on the other hand, Chinese enterprises are set to become highly competitive - and active in the international business arena. China and the World Economy is a topic-oriented edition of the bi-annual journal, Berliner China-Hefte/Chinese History and Society, which analyzes issues related to China's integration in the world economy and the related impacts. Employing interdisciplinary approaches, the authors ask whether the driving force of global economic trends will lead to profound changes, not only in foreign and domestic business, but also in China's overall economic and societal development: what kinds of new trends can be identified, for example, in the fields of investment, innovation, trade and finance? How are institutional, regional and/or environmental changes observed at global and domestic levels? And, consequently, how do these trends introduce new analytical perspectives on China's economic rise after three decades of reform?

Download or read book China in the New Millennium written by James A. Dorn and published by Cato Institute. This book was released on 1998 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: China is expected to become the world's largest economy in less than two decades. Whether it does so will depend on continued growth of the non-state sector and how well China adapts to global market forces. The essays in this volume consider the state of China's economic reforms, the institutional changes necessary for China to become a global economic power, and the interplay between market reforms and social development in China.

Download or read book Keep Reforming China s Strategic Economic Transformation written by Zhong Xu and published by Springer Nature. This book was released on 2020-10-21 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about China’s economy transformation. Currently, China’s macro-leverage ratio has been effectively controlled, the central market interest rate (one year fixed interest rate) has gone down, and liquidity is now relatively abundant. However, financial institutions are generally reluctant to lend, the local governments are unwilling to act, and the fact that liquidity released by the central bank cannot be effectively transmitted to the real economy is leading to a contraction of credit and higher financing costs for private enterprises. Meanwhile, the downturn in the internal economic cycle has been exacerbated by the external shocks caused by frictions in Sino-US trade, and this set of circumstances has contributed to the polarization of expectations regarding China's real economic prospects and policy trends, as seen, for example, in the questions and discussions about policy trends relevant to the private economy. Indeed, one might claim that the current confusion of expectations even exceeds that of 2008, when the international financial crisis breaks out. From a dialectical perspective, the more pessimistic expectation of economic trend, the easier it is to build consensus on reform, and the more remarkable actual effects of reform, which must be based on a comprehensive understanding of the phased characteristics of China’s economic development. In this book, based on the experience working in central bank of China, the author argues that China’s policy should focus on internal demand. In the coming period, China needs to persevere in the market orientation, step up reform and opening up, and create a favorable business environment. This book represents the following opinions: First, to reach a common understanding of the medium and high economic growth, and avoid the dream of high growth. Second, to stick to supply-side structural reform, accelerate economic transformation and structural adjustment, and further unleash the reform dividends and growth potential. The long-term and structural problems cannot be attributed to short-term and cyclical problems. Third, the challenges of external shocks could be also regarded as opportunities, which include but not limited to accelerate reform to improve property rights protection, state-owned capital management, corporate governance, income distribution, and social security. Fourth, whenever the trade friction happens, a multilateral framework is always helpful.