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.

Download or read book China s Economic Challenge Unconventional Success written by Albert Keidel and published by World Scientific. This book was released on 2022-03-23 with total page 475 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes economic strategies responsible for China's 40 years of 40-fold growth, suggesting how such strategies might be applied elsewhere. It combines a seven-chapter chronological analysis of China's growth with three additional chapters on the government's leadership role, success in poverty reduction, and China's combined international finance and trade experience. The book recaps why China's success challenges the United States and the field of development economics. One of its emphases, the 1980s, reports how generous rural price and land-tenure reforms caused a rural income boom that threatened urban subsidized livelihoods and underpinned consequent violence. It describes how China will likely face a similar challenge moving forward, during the planned merger of rural and urban workforces.The book includes an analysis of the US-China trade war and China's economic prospects in the wake of COVID-19. It is a clear and timely account for anyone interested in understanding the institutions and policies responsible for China's successful development and its likely continuation.

Download or read book Challenges to China s Economic Statecraft written by Yi Edward Yang and published by Rowman & Littlefield. This book was released on 2019-08-09 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fueled by its surging economic strength, China has been increasingly utilizing economic tools such as trade, foreign aid, foreign direct investment, and sanctions to pursue strategic and security interests on the world stage. This approach, known as economic statecraft, has thus far received mixed policy results and ambivalent reactions from the international community. This book presents a collection of global assessment of China's economic statecraft. The contributors to this volume answer three key questions: What are the challenges faced by China’s economic statecraft? Why is China sometimes able to achieve its foreign policy objectives via economic statecraft and sometimes not? How do foreign countries, particularly the targets of China’s economic statecraft, respond to China's strategies? This comprehensive study examines economic statecraft in the context of more than a dozen nations and international organizations across four continents, thus providing a truly global perspective.

Download or read book China s Rise written by C. Fred Bergsten and published by Peterson Institute. This book was released on 2009 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Helps the United States and the rest of the world better comprehend the facts and dynamics underpinning China's rise. This book analyzes the data on China's economy, foreign and domestic policy, and national security.

Download or read book To Get Rich Is Glorious written by Jacques deLisle and published by Brookings Institution Press. This book was released on 2019-09-24 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: " In 1978, China launched economic reforms that have resulted in one of history’s most dramatic national transformations. The reforms removed bureaucratic obstacles to economic growth and tapped China’s immense reserves of labor and entrepreneurial talent to unleash unparalleled economic growth in the country. In the four decades since, China has become the world’s second-largest economy after the United States, and a leading force in international trade and investment. As the contributors to this volume show, China also faces daunting challenges in sustaining growth, continuing its economic ransformation, addressing the adverse consequences of economic success, and dealing with mounting suspicion from the United States and other trade and investment partners. China also confronts risks stemming from the project to expand its influence across the globe through infrastructure investments and other projects under the Belt and Road Initiative. At the same time, China’s current leader, Xi Jinping, appears determined to make his own lasting mark on the country and on China’s use of its economic clout to shape the world around it. "

Download or read book The China Paradox written by Paul G. Clifford and published by Walter de Gruyter GmbH & Co KG. This book was released on 2021-12-06 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The China Paradox: At the Front Line of Economic Transformation, Harvard University-based historian of modern China and business strategist Dr. Paul G. Clifford documents the twists and turns of China’s dramatic and unforeseen rise over the last four decades. He sheds light on the delicate and fragile balance of forces at the heart of the success of China’s hybrid model, explaining how the ruling Communist Party boldly led the nation’s economic reforms as the surest way to preserve its grip on political power. Five years after this book was first published, much has changed within China and in its relationship with the world. This second edition provides extensive fresh new material. It explains how China has raised its game, moving from a catch-up mode to technological innovation in some areas, while still languishing in technology dependence in other respects. Earlier, China had shown signs that its driving spirit was faltering with its sails flapping. Under Xi Jinping, renewed energy has been injected. But at the same time Xi and his party have strongly reinforced their control across society and the economy, posing the question of whether Xi’s New Era in fact marks a retreat from the reforms. This second edition contains two new chapters. One profiles Huawei, a national champion in advanced technology. Another focuses on China’s frictions with the world which have been fueled by a perception that its technology progress threatens US global dominance, coupled with China’s human rights record. In addition, against a background of the challenges faced by Alibaba and other firms, there is analysis of this watershed in China’s private sector’s autonomy. There is also extensive new insight into Xi Jinping’s rule. As it celebrates its 100th anniversary in 2021, the Chinese Communist Party displays strong optimism over its continued governance of China. But that should not mask the longer-term risks to China’s development and stability if its hybrid model continues to unravel as reforms are abandoned in favor of heightened autocracy.

Download or read book China s Economic Challenge Smashing the Iron Rice Bowl written by Neil C. Hughes and published by Routledge. This book was released on 2016-09-16 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book lays bare the reality behind China's efforts at economic modernization by showing: (1) what is happening to the industrial forces that help shape the economy; (2) how economic agents have behaved; (3) what government intentions really are; and (4) how the transition from a centralized to a market-oriented economy has been filled with contradictions and difficult choices. The author examines issues such as China's WTO membership; the Three Gorges Project; the widening differences between the urban and rural areas; the government's efforts to protect its own interests and maintain stability; the impact of reform; and the situation facing state enterprises, the banking system, the agricultural sector, and the environment.

Download or read book Sustaining China s Economic Growth After the Global Financial Crisis written by Nicholas R. Lardy and published by Peterson Institute. This book was released on 2012 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book China s Innovation Challenge written by Arie Y. Lewin and published by Cambridge University Press. This book was released on 2016-04-14 with total page 505 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues that China must become an innovation-based economy to avoid the middle-income traps, and examines both the opportunities and challenges in meeting this goal.

Download or read book China under Xi Jinping written by and published by BRILL. This book was released on 2015-03-10 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: “How will China develop under Xi Jinping’s rule? Is Xi Jinping, and by extension the Chinese state, now acting from a position of strength or weakness? In other words, do his policies appear to be the actions of a strong leader of an increasingly powerful nation? Or, are they the actions of an insecure one, uncertain of how legitimate the state is in the eyes of the population over which it rules? As with each of the preceding volumes in this series, this book is so valuable because it provides English language translations of the most prominent recent writings on these issues by China’s leading scholars in the fields of international relations and political economy. This volume is an invaluable resource to all those looking to gain a deeper and more nuanced understanding of where China is headed during the Xi Jinping era.” – Allen Carlson, Cornell University

Download or read book China s Great Wall of Debt written by Dinny McMahon and published by HarperCollins. This book was released on 2018-03-13 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: A stunning inside look at how and why the foundations upon which China has built the world’s second largest economy, have started to crumble. Over the course of a decade spent reporting on the ground in China as a financial journalist, Dinny McMahon gradually came to the conclusion that the widely held belief in China’s inevitable economic ascent is dangerously wrong. In this unprecedented deep dive, McMahon shows how, lurking behind the illusion of prosperity, China’s economic growth has been built on a staggering mountain of debt. While stories of newly built but empty cities, white elephant state projects, and a byzantine shadow banking system, have all become a regular fixture in the press in recent years, McMahon goes beyond the headlines to explain how such waste has been allowed to flourish, and why one of the most powerful governments in the world has been at a loss to stop it. Through the stories of ordinary Chinese citizens, McMahon tries to make sense of the unique—and often bizarre—mechanics of the Chinese economy, whether it be the state’s addiction to appropriating land from poor farmers; or why a Chinese entrepreneur decided it was cheaper to move his yarn factory to South Carolina; or why ambitious Chinese mayors build ghost cities; or why the Chinese bureaucracy was able to stare down Beijing’s attempts to break up the state’s pointless monopoly over the distribution of table salt. Debt, entrenched vested interests, a frenzy of speculation, and an aging population are all pushing China toward an economic reckoning. China’s Great Wall of Debt unravels an incredibly complex and opaque economy, one whose fortunes—for better or worse—will shape the globe like never before.

Download or read book China s Economic Culture written by Carsten Herrmann-Pillath and published by Taylor & Francis. This book was released on 2016-10-04 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's spectacular rise challenges established economic moulds, both at the national level, with the concept of "state capitalism", and at the firm level, with the notion of indigenous "Chinese management practices". However, both Chinese and Western observers emphasise the transitional nature of the reforms, thereby leaving open the question as to whether China's reform process is really a fast catch-up process, with ultimate convergence to global standards, or something different. This book, by a leading economist and sinologist, argues that "culture" is an exceptionally useful tool to help understand fully the current picture of the Chinese economy. Drawing on a range of disciplines including social psychology, cognitive sciences, institutional economics and Chinese studies, the book examines long-run path dependencies and cultural legacies, and shows how these contribute crucially to the current cultural construction of economic systems, business organisations and patterns of embedding the economy into society and politics.

Download or read book China and the Knowledge Economy written by Douglas Zhihua Zeng and published by World Bank Publications. This book was released on 2007 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rapid pace of economic growth in China has been unprecedented since the start of economic reforms in late 1970s. It has delivered higher incomes and made the largest single contribution to global poverty reduction. Measured by international poverty lines, from 1978-2004, the absolute poor population in rural areas has dropped from 250 million to 26.1 million. Such gains are impressive and have been driven largely by a set of market-oriented institutional reforms, strong investment, and effective adoption and application of various knowledge and technologies, especially foreign ones through trade and foreign direct investment. While enjoying tremendous success, China also faces many challenges that need to be addressed to sustain its long-term development. These include weak institutions, low overall educational attainment, weak indigenous innovation capacity, poor links between research and development and industries, and so on. This paper provides an analysis of some strengths, weaknesses, opportunities, and challenges to China's knowledge economy in the areas of economic incentives and institutional regime, human capital, innovation system, and information infrastructure.

Download or read book Economic and Social Transformation in China written by Angang Hu and published by Routledge. This book was released on 2006-11-22 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now, for the first time, a set of influential research papers from the Center for China Studies have been put together in book form and in English, giving fascinating insights into Chinese economics and society.

Download or read book China and the World Economy written by Jin Zhang and published by Routledge. This book was released on 2017-09-22 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together leading international scholars and leading scholars from China’s highly prestigious Development Research Centre of the State Council of the People’s Republic of China, who all put forward their insights into the current challenges for the Chinese and the world economy. The book focuses on six topics: economic growth, trade, industry and services, innovation, finance, and environment and ecology, all of which are central to the sustainable economic growth of China and the world. Overall, the book provides balanced perspectives as well as rich empirical evidence from China and other parts of the world on the development and regulation of the Chinese and the world economy.

Download or read book China s Economy written by Arthur R. Kroeber and published by Oxford University Press. This book was released on 2020-06-05 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's economic growth has been revolutionary, and is the foundation of its increasingly prominent role in world affairs. It is the world's second biggest economy, the largest manufacturing and trading nation, the consumer of half the world's steel and coal, the biggest source of international tourists, and one of the most influential investors in developing countries from southeast Asia to Africa to Latin America. Multinational companies make billions of dollars in profits in China each year, while traders around the world shudder at every gyration of the country's unruly stock markets. Perhaps paradoxically, its capitalist economy is governed by an authoritarian Communist Party that shows no sign of loosening its grip. China is frequently in the news, whether because of trade disputes, the challenges of its Belt and Road initiative for global infrastructure, or its increasing military strength. China's political and technological challenges, created by a country whose political system and values differ dramatically from most of the other major world economies, creates uncertainty and even fear. China's Economy: What Everyone Needs to Know® is a concise introduction to the most astonishing economic and political story of the last three decades. Arthur Kroeber enhances our understanding of China's changes and their implications. Among the essential questions he answers are: How did China grow so fast for so long? Can it keep growing and still solve its problems of environmental damage, fast-rising debt and rampant corruption? How long can its vibrant economy co-exist with the repressive one-party state? How do China's changes affect the rest of the world? This thoroughly revised and updated second edition includes a comprehensive discussion of the origins and development of the US-China strategic rivalry, including Trump's trade war and the race for technological supremacy. It also explores the recent changes in China's political system, reflecting Xi Jinping's emergence as the most powerful leader since Mao Zedong. It includes insights on changes in China's financial sector, covering the rise and fall of the shadow banking sector, and China's increasing integration with global financial markets. And it covers China's rapid technological development and the rise of its global Internet champions such as Alibaba and Tencent.

Download or read book China s Challenges written by Jacques deLisle and published by University of Pennsylvania Press. This book was released on 2015 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: When the "fifth generation" of Communist Party leaders in China assumed top political positions in 2012-2013, they took the helm of a country that has achieved remarkable economic growth, political stability, and international influence. Yet China today confronts challenges at least as daunting as any it has faced since the reform era began in the late 1970s. In November 2013, the Chinese Communist Party's Central Committee announced ambitious reforms to address vital issues, such as giving market forces a "decisive role" in the economy, strengthening the social safety net, assigning greater weight to factors other than economic growth and social order in evaluating local officials, promoting urbanization, and relaxing the "one child" policy. China's Challenges brings together fourteen experts on China's social, economic, political, legal, and foreign affairs to examine some of the nation's pivotal policy issues. Their wide-ranging analyses cover economic and social inequality, internal migration and population control, imperatives to "rebalance" China's economy toward domestic demand and consumption, problems of official corruption, tensions between legal reform and social order, and the strained relationships with neighboring countries and the United States that stem from China's rising power, military modernization, enduring territorial disputes, and rising nationalism in domestic politics. This timely volume offers a broad and comprehensive look at the issues facing China today and lays the groundwork for understanding the shifts to come. How—and how well—China handles these challenges not only will define China's trajectory for years to come, but will have repercussions far beyond China's borders. Contributors: Yong Cai, Jacques deLisle, Jane Duckett, Andrew Erickson, M. Taylor Fravel, Avery Goldstein, Yasheng Huang, Zai Liang, Benjamin Liebman, Melanie Manion, Barry Naughton, Daniela Stockmann, Robert Sutter, Guohui Wang.