Download or read book Macroeconomic Linkages Between Hong Kong and Mainland China written by Hans GENBERY and published by City University of HK Press. This book was released on 2008-07-01 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume sheds light on the important policy issues facing both Hong Kong and the Mainland, including how resilient the Hong Kong economy is against external shocks, how large portfolio capital outflows from China will be once its capital account is liberalized, and in what ways fund flows between Hong Kong and the Mainland affect Hong Kong’s monetary and financial conditions. With 11 essays, this monograph can be divided into 2 parts. Part I studies the “real” linkages between Hong Kong and the Mainland, while Part II focuses on the financial linkages. A detailed introduction written by the editors will serve as a non-technical summary of the essays. Published by City University of Hong Kong Press. 香港城市大學出版社出版。
Download or read book Economic and Financial Integration Between Hong Kong and Mainland China Before the Open Door Policy 1965 75 written by Catherine Ruth Schenk and published by . This book was released on 2007 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economic Integration of Greater China written by Yin-Wong Cheung and published by Hong Kong University Press. This book was released on 2007-04-01 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: The tremendous success of China's program of economic reform and the rapid integration of China into the global economy have prompted this study on the economic and financial integration between mainland China, Hong Kong, and Taiwan – a grouping sometimes referred to as Greater China. While there has been a plethora of analyses of China's economic interactions with other economies, this book fills the need for a thorough investigation of regional financial and real interactions – corresponding to the many exhaustive studies of such interactions between developed countries and between East Asian countries. Since real and financial integration has substantial implications for the efficiency of resource allocation and the efficacy of macroeconomics policy, Cheung, Chinn and Fujii offer clear analysis of the current state of economic integration of Greater China, thereby helping to gauge the potential role of China in the global economy. Prospects of a currency union in Greater China, an extreme form of integration, are also evaluated with respect to benefits and costs to the three parties. In addition, the authors provide complementary discussions regarding the degree of integration between China and several Pacific Rim economies, including those of Japan, Korea, Singapore, and the United States. Cheung, Chinn and Fujii provide an up-to-date assessment of mainland China's economic development and its integration with its neighboring economies, especially Hong Kong and Taiwan. This grouping is also known as Greater China. There are a number of approaches to assessing economic integration, and the authors present some standard measures – including trade flows, output movements, saving and investment correlations, and consumption comovements. They emphasize the measures based on some key parity conditions in international finance – real interest parity, uncovered interest parity, and relative purchasing power parity. While there is no perfect empirical measure of economic integration, the theoretical relationships between integration and these three parity conditions are well founded in economics. Moreover, the three parity conditions constitute a unified framework that can be used to assess the degree of real and financial integration, and thus offer a convenient way to investigate the interaction between these two types of integration. In addition, the authors evaluate the prospect of a currency union in Greater China, the most extreme form of integration. Prospects of China's continued integration with the world economy, and the implications of policies in Beijing and other Pacific Rim capitals are also discussed.
Download or read book Economic Convergence in Greater China written by Chun Kwok Lei and published by Routledge. This book was released on 2008-12-08 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although China's economy has grown very rapidly in recent decades, there are still very large differences between the economy of mainland China and the economies of Hong Kong, Macau and Taiwan. For example, per capita income in Hong Kong is many, many times higher than per capita income in mainland China. This book considers the degree to which economic convergence between mainland China, Hong Kong, Macau and Taiwan has occurred, and the prospects for increased convergence in the future. It considers economic integration between China and its two Special Administrative Regions (SARS), emphasising the large volume of capital flows and exports, especially from Hong Kong into China, and showing that the economies are highly integrated, despites their differences. It examines income convergence, and changes in productivity, using the same measures for both China and the two SARS, unlike most existing studies. It explores how economic reforms have been crucial to increasing convergence so far, and will continue to be in the future, and concludes by discussing the implications for policy of encouraging increased convergence.
Download or read book Hong Kong Under Chinese Rule written by Yongnian Zheng and published by World Scientific. This book was released on 2013 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume is a compilation of the analyses written by East Asian Institute experts on Hong Kong since the handover. It covers most, if not all the important events that have taken place in Hong Kong since 1997, including its economic integration and relations with China, its governance conundrums, the Hong Kong identity and nation-building, the implementation of the minimum wage, and the elections from 2011OCo2012. The book''s panoramic view of Hong Kong makes it a useful resource for readers who seek a broad understanding of the city and how it has evolved after its return to China. It also offers some glimpses into the direction Hong Kong is heading in its socio-economic relations with China at both the state and society levels, as well as its domestic political developments and the prospects for democratization.
Download or read book Hong Kong s Reunion with China The Global Dimensions written by Gerard A. Postiglione and published by Routledge. This book was released on 2016-07-01 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: The issues surrounding Hong Kong's global position and international links grow increasingly complex by the day as the process of Hong Kong's transformation from a British colony to a Chinese Special Administration Region unfolds. This volume addresses a number of questions relating to this process. How international is Hong Kong? What are its global and international dimensions? How important are these dimensions to its continued success? How will these dimensions change, especially beyond the sphere of economics? Is Hong Kong's internationalization, defined in terms of its willingness to embrace international values and its capacity to maintain its international presence, at risk? These questions are presented as they pertain to the changing situation; relations between mainland China, Taiwan and Hong Kong; the positions of Australia, Canada and the United States on Hong Kong; internalization of international legal values; Americanization vs. Asianization; linkages to the world through Guangdong; strategies to emigrate overseas, cultural internationalization; media internationalization and universities within the global economy.
Download or read book The Hong Kong Guangdong Link written by Reginald Yin-Wang Kwok and published by Routledge. This book was released on 2020-11-25 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text focuses on the relationship of Hong Kong with the adjacent Chinese province Guangdong, the territories most directly involved in the 1997 transfer of Hong Kong to Chinese rule. The socio-economic, political and cultural impact of this crucial link and the implications for the future of both Hong Kong and China are studied. A multi-disciplinary approach is taken to examine the complexity of economic, political and cultural transformation of the Hong Kong-Guangdong link and this book presents a historical perspective to trace the long-term structural transformation. The dynamics of the integration process between the two territories is also explored.
Download or read book Hong Kong written by Michael B. Yahuda and published by Psychology Press. This book was released on 1996 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: The return of Hong Kong to China in July 1997 has the potential to benefit China's rapidly expanding economy. China's handling of the transition will have enormous implications for her international standing. This is the first study to analyse the serious problems and real opportunities that the return of the colony poses to China's international status. Examining the relationships between Greater China, Hong Kong and the West, Hong Kong: China's Challenge explores the challenges that Chinese policy makers face up to 1997 and beyond: the clash of political cultures; handling problematic negotiations; dealing with conflicting economic interests. The book concludes by suggesting that a laissez faire approach to the lucrative Hong Kong markets will ensure that China harnesses the full political and economic benefits of sovereignty over the colony.
Download or read book Hong Kong s Growth Synchronization with China and the U S written by Mr.Dong He and published by International Monetary Fund. This book was released on 2015-04-28 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the synchronization of Hong Kong SAR’s economic growth with mainland China and the United States. This paper identifies trends of economic growth based on the permanent income hypothesis. Specifically, the paper confirms whether real consumption in Hong Kong SAR and mainland China satisfy the permanent income hypothesis, at least in a weak form. It then identifies the permanent and transitory components of income of each economy using a simple state-space model. It uses structural vector autoregression models to analyze how permanent and transitory shocks originating from mainland China and the United States affect the Hong Kong economy, and how such influences evolve over time. The paper’s main findings suggest that transitory shocks from the United States remain a major driving force behind Hong Kong SAR’s business cycle fluctuations. On the other hand, permanent shocks from mainland China have a larger impact on Hong Kong SAR’s trend growth.
Download or read book Learning from SARS written by Institute of Medicine and published by National Academies Press. This book was released on 2004-04-26 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: The emergence of severe acute respiratory syndrome (SARS) in late 2002 and 2003 challenged the global public health community to confront a novel epidemic that spread rapidly from its origins in southern China until it had reached more than 25 other countries within a matter of months. In addition to the number of patients infected with the SARS virus, the disease had profound economic and political repercussions in many of the affected regions. Recent reports of isolated new SARS cases and a fear that the disease could reemerge and spread have put public health officials on high alert for any indications of possible new outbreaks. This report examines the response to SARS by public health systems in individual countries, the biology of the SARS coronavirus and related coronaviruses in animals, the economic and political fallout of the SARS epidemic, quarantine law and other public health measures that apply to combating infectious diseases, and the role of international organizations and scientific cooperation in halting the spread of SARS. The report provides an illuminating survey of findings from the epidemic, along with an assessment of what might be needed in order to contain any future outbreaks of SARS or other emerging infections.
Download or read book Hong Kong in Focus written by S. G. Rioni and published by Nova Publishers. This book was released on 2002 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hong Kong in Focus - Political & Economic Issues
Download or read book Economic Relations Between Hong Kong and the Mainland of China written by Vivian Wai Mun Tse and published by . This book was released on 1998 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Chinese Diaspora and Mainland China written by C. Lever-Tracy and published by Springer. This book was released on 1996-09-06 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book describes the alliance, since the mid-1980s, of the entrepreneurs of the Chinese diaspora with the new locally based industrialisation that reform in China has allowed to flourish in its townships and villages. The synergy between these two derives from the ability of small non-bureaucratic actors on both sides to establish networks based on personal trust and reciprocity, producing a new kind of transformative development-from-below in which established Western and Japanese multinationals have little role.
Download or read book China Factors written by Gordon Cheung and published by Routledge. This book was released on 2017-07-28 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: China Factors offers a first-hand perspective on political and socio-economic changes in Hong Kong after the official changeover to control by China. It reflects the author's observations, personal encounters, interviews, and experiences, especially after 1997 when the changeover occurred, and also when the Asian financial crisis emerged.The focus here is on the political economy of Greater China (China, Taiwan, and Hong Kong). The author witnessed the subtle political and economic changes in Hong Kong during the period, and the clear and present influence of China on Hong Kong as well as Taiwan. China Factors illustrates the full import of the rise of China, and the impact of political, social, and economic relations around Greater China.Gordon Cheung shows, the key factors for the region are integration, interdependence, identity, and independence--otherwise known as the four i's. Individually, each factor spurs new directions in the ever-changing political economy of that region. Other factors, such as cross- strait relations, and Hong Kong and Macau's reversion to China, are also creating new interactions within the region. Politically, these China factors challenge traditional bilateral and multilateral relations. Conceptually, they require further investigation, as possible new Chinese interactions with other states may influence regional affairs.Cheung believes the examination of the China factors he identifies here will help to shed light on evolving East Asian relations as well as to spur reexamination of governance of this important region. The book will be of keen interest to specialists in Asian studies, and China in particular, as well as those interested in international affairs and U.S. foreign policy.
Download or read book Hong Kong s Reunion with China written by and published by Hong Kong University Press. This book was released on 1997-01-01 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: As Hong Kong transforms from a colonial dependent territory to a Chinese special administrative region, its international status will be increasingly connected to China's position in the world. the nature of Hong Kong global linkages are shifting as thepo
Download or read book The Dynamics of Beijing Hong Kong Relations written by Sonny Shiu-hing Lo and published by Hong Kong University Press. This book was released on 2008-04-01 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book critically assesses the implementation of the "one country, two systems" in the Hong Kong Special Administrative Region (HKSAR) from the political, judicial, legal, economic and societal dimensions. The author contends that there has been a gradual process of mainlandization of the HKSAR, meaning that Hong Kong is increasingly economically dependent on the People's Republic of China (PRC), politically deferent to the central government on the scope and pace of democratic reforms, socially more patriotic toward the motherland and more prone to media self-censorship, and judicially more vulnerable to the interpretation of the Basic Law by the National People's Congress. This book aims to achieve a breakthrough in relating the development of Hong Kong politics to the future of mainland China and Taiwan. By broadening the focus of the "one country, two systems" from governance to the process of Sino-British negotiations and their thrust-building efforts, this book argues that the diplomats from mainland China and Taiwan can learn from the ways in which Hong Kong's political future was settled in 1982–1984. This is a book for students, researchers, scholars, diplomats and lay people.
Download or read book The Political Economy of Sino American Relations written by Y.Y. Kueh and published by Hong Kong University Press. This book was released on 1997-10-01 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the post-Cold War world, the United States and China together forms one of the most significant relationships in the Asian Pacific region. However, this relationship cannot be considered in isolation from the dynamic economic integration of China with Hong Kong and Taiwan into what is now called 'Greater China'. This volume draws on a wide range of international expertise to examine the nature of the US economic interaction with Greater China. Set against the historical and political background of Sino-American relations, the contributors discuss in detail trade and investment flows between Greater China and the United States as well as China's entry into the World Trade Organization. The impact on regional trading partners and global trading organizations is also evaluated.
