Download or read book Current Politics Economics of China written by and published by . This book was released on 2000 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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.
Download or read book The China Lens A Political Economic Analysis of Changing China written by Shiwei Jiang and published by Xlibris Corporation. This book was released on 2013-01-28 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book grew out of a series of my doctoral essays and discussion with Fulbright scholar, Mr. Tasawar Baig and Professor David Earnest at Old Dominion University. Some ideas and thoughts were also inspired by Professor Robert Putnam at the Harvard University John F. Kennedy School of Government and Professor Zbigniew Kazimierz Brzezinski (former US National Security Advisor) when they did lectures and special discussion with me at Old Dominion University in 2009 and 2012, respectively. In The Third Wave (1991), Samuel Huntington explains various sociopolitical factors caused radical political changes in developing countries. His analysis shows that for Africa, the main obstacle for building democracy is economy, While for East Asia and the Middle East, the major obstacle are culture and religion. Huntington’s analysis oversimplified the driving factors of democratization in specific case, such as China, a hybrid of Capitalist economy and communist politics. This paper measures the current democratization of Chinese politics from three perspectives: social capital, rapid economic development and radical social movement. Thus, the grand question is whether these factors can lead to a regime change in China? The author draws a conclusion that the radical political change is possible but not desirable in Chinese politics. In the eyes of rising Chinese middle Class, a Singaporean political transformation or South Korean democratization is more favored than radical democratization. Following the US Presidential election, China went through a one week meeting of the 18th National Congress starting on November 8, 2012. Without much surprise, Xi replaced Hu, becoming the core of Chinese communist power. The power transition seems to be smooth in Chinese media coverage. However, anecdotes, rumors, unofficial reports and foreign news exposed the political battle behind the stage. President Xi is now facing a stark different situation compared to Hu. Today, China is the world’s second largest economy. At the same time, China is experiencing rising mass disturbance every year. As a non-democracy, leaders’ past experience, network and personality can greatly influence state policies. With more people getting rich and educated, the mass claim the mismatch between Chinese politics and economy. Other than changing domestic Chinese politics, China has drawn much attention internationally. China’s presence in Africa and the Middle East tightens the nerves of U.S. policy makers. Is China a peaceful or benign riser? Where is China heading toward? What interests are Chinese companies pursuing and what strategies are they using globally? The book investigates these questions in different chapters. Globalization is the current trend. As a propeller, China’s participation in global trade greatly shapes world order. In return, global trade also produced effects on China’s domestic labor market, particularly on the traditional Chinese women labors. This book is a sound recipe integrating both faces of China domestically and internationally.
Download or read book China Today China Tomorrow written by Joseph Fewsmith and published by Rowman & Littlefield Publishers. This book was released on 2010-08-16 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this timely book, a group of leading scholars provides a comprehensive assessment of China's polity, economy, and society. Taking the thirtieth anniversary of Beijing's adoption of reform and opening as an occasion to reflect on the course of development over the past three decades, the contributors consider where the country may be going in the future. Just as China has had enormous success in developing its economy, it continues to face equally enormous challenges across a wide variety of issues, including inequality, social protest, energy, the environment, and a resurgence of religion. As a polity, China has tried to build a modern legal system while balancing center-local relations, sustaining a viable ideological framework, and maintaining stable politics at the elite level. At the same time, the current global economic crisis poses a major obstacle to China's model of development. Authoritative, accessible, and current, this book will be an invaluable resource for all readers interested in the fate of a rising global power. Contributions by: Edward A. Cunningham, Joseph Fewsmith, Sebastian Heilmann, Jamie Horsley, Joanna Lewis, Yawei Liu, Barry Naughton, Elizabeth J. Perry, Ren Jiantao, Carl Riskin, Sun Yanfei, Robert Weller, Min Ye, and Yongnian Zheng.
Download or read book The Political Economy of China s Great Transformation written by Xingyuan Feng and published by Routledge. This book was released on 2016-07-15 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Political Economy of China’s Great Transformation consists of three parts: first, covering the current political transformation, providing a general political background for the socio-economic, fiscal and urban and rural transformation. The book analyses the economic transformation and addresses the shortcomings of existing interpretations of the "Chinese Miracle" and develops a new multi-dimensional framework. In addition, it shows how the private sector has been developing and what a major role it is playing in pushing forward the overall economic development. The book also focuses on the analysis of China’s fiscal transformation. With the set of refined principles of fiscal federalism that the author has developed, it examines the problems of Chinese fiscal federalism in contrast to them. It further elaborates on topics such as the local government debt and explains why further reforms are necessary, making this book a very comprehensive read to understand China’s progress.
Download or read book China s Political Economy written by Gungwu Wang and published by World Scientific. This book was released on 1998-05-13 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1997 was truly an eventful year for China, with many momentous happenings. In February of that year Deng Xiaoping passed away, thus marking the end of an era. Shortly after, the post-Deng Chinese leadership under Jiang Zemin had to mobilise great efforts to ensure the smooth resumption of sovereignty over Hong Kong on June 30. This was then followed by intensive preparation for the holding of the 15th National Congress of the Chinese Communist Party in September, which set national priorities for China's medium- and long-term development as well as decided on the core team of younger leaders responsible for leading China into the 21st century.China is in the midst of great political, economic and social changes, which will intensify each other on account of their speed and scale. History has never before witnessed such a huge country as China industrialising and transforming itself so rapidly and so extensively.Accordingly, China's success or failure in its domestic development carries serious regional and international implications. There is still a great deal of uncertainty as to how soon in the next century China will become the world's most powerful economy. But what is happening in China today has already impinged on many aspects of life for people in the Asia-Pacific region, either in terms of growing trade and investment opportunities from China or in terms of regional security.This volume is largely based on public lectures and seminar papers by academic visitors and scholars at the East Asian Institute. Each has been written as a self-contained piece by a China expert, but presented primarily with non-specialist readers in mind.
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 Current Politics and Economics of Asia written by and published by . This book was released on 2003 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book How China Became Capitalist written by R. Coase and published by Springer. This book was released on 2016-04-30 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: How China Became Capitalist details the extraordinary, and often unanticipated, journey that China has taken over the past thirty five years in transforming itself from a closed agrarian socialist economy to an indomitable economic force in the international arena. The authors revitalise the debate around the rise of the Chinese economy through the use of primary sources, persuasively arguing that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, and that it was 'marginal revolutions' that introduced the market and entrepreneurship back to China. Lessons from the West were guided by the traditional Chinese principle of 'seeking truth from facts'. By turning to capitalism, China re-embraced her own cultural roots. How China Became Capitalist challenges received wisdom about the future of the Chinese economy, warning that while China has enormous potential for further growth, the future is clouded by the government's monopoly of ideas and power. Coase and Wang argue that the development of a market for ideas which has a long and revered tradition in China would be integral in bringing about the Chinese dream of social harmony.
Download or read book Development Centre Studies Chinese Economic Performance in the Long Run written by Maddison Angus and published by OECD Publishing. This book was released on 1998-09-25 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study provides a major reassessment of the scale and scope of China’s resurgence over the past half century, employing quantitative measurement techniques which are standard practice in OECD countries, but which have not hitherto been available for China.
Download or read book The Political Economy of China s Provinces written by Hans J. Hendrischke and published by Psychology Press. This book was released on 1999 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditionally, political scientists and economists have seen China as a single entity and business people have seen China as a single market. This book challenges the notion of a centralised and unified China, and outlines how provinces are taking on new economic and political roles, forced upon them by decentralisation.It is the most thorough data on contemporary Chinese provinces available and will be of great interest to researchers and graduate students of politics, economics and business as well as Asian studies.
Download or read book Mainland China written by Yu-ming Shaw and published by Routledge. This book was released on 2019-04-05 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past several years, Mainland China has undertaken reforms in various domestic areas, including culture and society, education, the economy, and the Communist Party. In addition, since September 1982 Peking has begun to pursue an independent course in foreign relations. In this volume, based on the Thirteenth Sino-American Conference in Tai
Download or read book Towards a New Development Paradigm in Twenty first Century China written by Éric Florence and published by Routledge. This book was released on 2013 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues that the current state of China requires an important paradigm shift in the way the party-state manages the country's development, and goes on to assess the fitness of the party-state for implementing such a paradigm shift and the likelihood of the party-state bringing this about. It brings together an examination of the very latest situation in a range of key areas where current developments have the potential to undermine substantially the status quo, areas such as the recent economic crisis and the resulting economic slowdown, increasing labour unrest, mounting calls for social justice, worsening urban-rural disparity, the urgent need to implement social welfare programmes, the rise of civil society, and the impact of new media. Overall, the book provides a thorough appraisal of the difficulties which China currently faces.
Download or read book The Political Economy of Uneven Development written by Shaoguang Wang and published by M.E. Sharpe. This book was released on 1999 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring one of the most dynamic and contested regions of the world, this series includes works on political, economic, cultural, and social changes in modern and contemporary Asia and the Pacific.
Download or read book China written by David B. H. Denoon and published by NYU Press. This book was released on 2007-04-01 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s dramatic transformation over the past fifteen years has drawn its share of attention and fear from the global community and world leaders. Far from the inward-looking days of the Cultural Revolution, modern China today is the world’s fourth largest economy, with a net product larger than that of France and the United Kingdom. And China’s dynamism is by no means limited to its economy: enrollments in secondary and higher education are rapidly expanding, and new means of communication are vastly increasing information available to the Chinese public. In two decades, the Chinese government has also transformed its foreign relations—Beijing is now consulted on virtually every key development within the region. However, the Communist Party of China still dominates all aspects of political life. The Politburo is still self-selecting, Beijing chooses province governors, censorship is widespread, and treatment of dissidents remains harsh. In China, leading experts provide an overview of the region, highlighting key issues as they developed in the People’s Republic of China, Hong Kong, and Taiwan. Edited with an introduction by David B. H. Denoon, an authority on China, this volume of articles covers recent events and key issues in understanding this growing superpower. Organized into three thematic sections—foreign policy and national security, economic policy and social issues, and domestic politics and governance—the essays cover salient topics such as China's military power, de-communization, growing economic strength, nationalism, and the possibility for democracy. The volume also contains current maps as well as a “Recent Chronology of Events” which provides a decade's worth of information on the region, organized by year and by country. Contributors: Liu Binyan, David B.H. Denoon, Bruce J. Dickson, June Teufel Dreyer, Michael Dutton, Elizabeth Economy, Barry Eichengreen, Edward Friedman, Dru C. Gladney, Paul H. B. Godwin, Merle Goldman, Richard Madsen, Barry Naughton, Lucian W. Pye, Tony Saich, David Shambaugh, Robert Sutter, Michael D. Swaine, and Tyrene White.
Download or read book The Political Economy of China s Systemic Transformation written by V. Mantzopoulos and published by Springer. This book was released on 2011-06-06 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: The future success of China's rapidly growing economy remains uncertain. This book analyzes official documents, data and current writings of recognized academicians investigating China's experience with systemic restructuring.
Download or read book Oxford Bibliographies written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
