Download or read book Malaysian Chinese Business Community s Response to the Economic Rise of China written by Yee Whah Chin and published by . This book was released on 2007 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Chinese Business in Malaysia written by Terence Gomez and published by Routledge. This book was released on 2012-12-06 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chinese companies have managed to perform well in Malaysia, especially after the recession in the mid-1980s, due to a clear change in the Malay dominated government's attitude to Chinese capital. Despite the problems that prevail among UMNO politicians, the government has provided a stable economic environment and offers opportunities for domestic private investment, even for the Chinese. Given these circumstances, it does appear that Chinese capital in Malaysia has reasonable prospects for further growth in the immediate future. This study examines the dominant role of Chinese capital in the economy, providing in-depth empirical research on its mode of development and styles of operation. Covering the period from colonial times to the present day this study identifies key issues pertaining to Chinese business operations in Malaysia: ownership and control patterns, style of growth, relations with the state, politicians and other Chinese businessmen, and the manner of development of business abroad, whilst debunking the theory that large-scale Chinese capital is not very entrepreneurial in nature.
Download or read book China in Malaysia written by Edmund Terence Gomez and published by Springer Nature. This book was released on 2020-07-25 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines state-state relations and new forms of state business relations that have emerged with an increase in China’s foreign direct investments in Malaysia. Focusing on investments in the industrial sector and through in-depth case studies, this book adopts a novel framework to analyse these different types of state-business relations. These new forms of state-business relations are created from the different modes of negotiations between different key actors in each of the cases. Diverse outcomes were found, reflecting the disparate forms of power relationships and state cohesiveness with unique institutional architectures formed in each case. The book identifies a major shift in structural power in these new forms of state-business relations as China’s large multinational state-owned enterprises increasingly invest in Malaysia. A well-constructed institutional architecture is needed, not just in Malaysia but for other Southeast Asian countries, if foreign investments are to be harnessed to promote effective industrial development.
Download or read book Ethnic Chinese Entrepreneurship in Malaysia written by Michael Jakobsen and published by Routledge. This book was released on 2014-11-20 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study of ethnic Chinese in Southeast Asia has a long tradition. What is most striking in these studies is just how difficult it is to generalise about this ethnic group in the region. Whether or not they have been able to identify as Chinese has to a certain extend depended on different processes of social and political engineering, which in turn make them more or less distinct as an ethnic group. In the case of Malaysia, national political schemes such as the affirmative action policy indirectly force the Malaysian ethnic Chinese to conceive of themselves as a coherent collective, and yet, when asked Chinese entrepreneurs in the maintain that despite the affirmative action policy ethnicity is not the a defining deciding factor when it comes to identifying business partners. This book focuses on the consequences of these kinds of policies in the field of inter-ethnic business practices and entrepreneurship in Malaysia within the wider context of the relationship between local, national and global markets. It focuses on the complexities of inter-ethnic relations and in particular, the strong economic position of the ethnic Chinese and their impact on the Malaysian economic scene as well as on the wider Southeast Asian region, underlining the degree to which inter-ethnic relations in Southeast Asia are crucial to understanding the political and economic complexitiescharacteristic of characterizing the region. In turn, it takes small and medium-sized enterprises as case studies, and shows how they are being shaped and in return shape the society in which they constitute a part. In doing so, the book highlights how these companies not only relate to the domestic economy, but also cater to the global economy, and presents a compelling argument for the introduction of a glocalised perspective in international business studies. Ethnic Chinese Entrepreneurship in Malaysia will be welcomed by students and scholars with an interest in Asian studies, political economy, international business studies, inter-ethnic relations and diaspora studies.
Download or read book Ethnicity and the Economy written by James V. Jesudason and published by Oxford University Press, USA. This book was released on 1989 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text, an in-depth analysis of transformations in the Malaysian economy, highlights the role of ethnic politics in shaping Malaysia's economic situation. It provides an insight into why Malaysia has not become one of the newly-industrialized countries like Taiwan or Hong Kong.
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 Chinese Business in the Making of a Malay State 1882 1941 written by Xiao An Wu and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Chinese in colonial Malaya were noted for their involvement in revenue farming, the rice trade, mining and estates, and pawnbroking. However, the Chinese presence was also significant in broader economic and social spheres, and the wealth and power of the Chinese community helped fuel the emerging colonial state and the modern transformation of Southeast Asia. In Chinese Business in the Making of a Malay State, Wu Xiao An argues persuasively that Chinese ventures owed much of their success to the flexibility and dynamism of Chinese family and economic networks, and the moral imperatives that governed relationships within the Chinese community. Using Penang and Kedah as a case study, Wu draws on archival sources, family histories and an examination of legal arrangements and the press to show that personal business and business networks were not bound by the territorial borders of traditional or modern states, but extended across much of Southeast Asia and into China. His demonstration of the complexity of interactions involving new migrants, sojourners and settlers, both Chinese and non-Chinese, challenges understandings of state formation and economic growth in colonial Malaya based on ethnic stereotypes and accounts of events limited by fixed political boundaries.
Download or read book Malaysian Chinese and Nation building Historical background and economic perspective written by Phin Keong Voon and published by . This book was released on 2007 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book China and Malaysia in a Globalizing World written by Kok Kheng Yeoh and published by . This book was released on 2006 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: The research papers collected in this volume cover the critical aspects of the issue from various different perspectives, ranging from China's changing political and economic relations with Malaysia and Southeast Asia to the impact of her WTO membership on the regional economy, from the thorny issue of nationality and citizenship -- in particular related to the 'new Chinese migrants' -- to China's domestic challenges engendered by the country's "retreat from equality", growing interregional disparity, increased local autonomy, rapid economic growth and increasingly globalizing trade and business linkages.
Download or read book Making Of An Economic Superpower The Unlocking China s Secret Of Rapid Industrialization written by Yi Wen and published by World Scientific. This book was released on 2016-05-13 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rise of China is no doubt one of the most important events in world economic history since the Industrial Revolution. Mainstream economics, especially the institutional theory of economic development based on a dichotomy of extractive vs. inclusive political institutions, is highly inadequate in explaining China's rise. This book argues that only a radical reinterpretation of the history of the Industrial Revolution and the rise of the West (as incorrectly portrayed by the institutional theory) can fully explain China's growth miracle and why the determined rise of China is unstoppable despite its current 'backward' financial system and political institutions. Conversely, China's spectacular and rapid transformation from an impoverished agrarian society to a formidable industrial superpower sheds considerable light on the fundamental shortcomings of the institutional theory and mainstream 'blackboard' economic models, and provides more-accurate reevaluations of historical episodes such as Africa's enduring poverty trap despite radical political and economic reforms, Latin America's lost decades and frequent debt crises, 19th century Europe's great escape from the Malthusian trap, and the Industrial Revolution itself.
Download or read book The Present Economic Scenario written by Fung Chee Lim and published by . This book was released on 1992 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book China and ASEAN Pivoting Trade and Shock Transmission written by Mala Raghavan and published by Springer Nature. This book was released on 2021-04-12 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book highlights the critical relationship between China and the Association of Southeast Asian Nations (ASEAN) associated with its trade interdependency. As the largest trade partner in the region, China has not only presented itself with opportunities for ASEAN to tap its market, but also created great challenges for the region. The fundamental question that this book addresses, therefore, is whether China’s engagement with ASEAN comes at a cost for the latter following from the systemic risks tied to the China-centric supply chains in the region. The trade interactions between China and ASEAN, though extensively explored, are less understood in the context of its influence over the region amidst the recent changing dynamics that follow from China’s global engagement and backlash from major powers. The book therefore resolutely rises against stereotypes and clichés, making readers reconsider many oversimplified assumptions of the benefits of trade engagement where economies are interconnected through complex production chains.
Download or read book Emerging Trading Nation in an Integrating World written by Kok Kheng Yeoh and published by . This book was released on 2007 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: The phenomenal rise of China as an economic power, as well as her heightened political and military clout that has been growing in tandem with this, inevitably brought forth, both regionally and globally, increasing concern over whether she is posing a threat to regional stability and prosperity, and if so, in what way. It is the modest aim of this book to contribute to the study of the impact of this Asian giant upon the global economic landscape, to address a question that lingers in the psyche of a world that is watching her rise with a mix of curiosity, hope and trepidation: whether this emerging great trading nation represents an opportunity or a threat, a partner or a rival. The first section of the book, "China in the World", addresses the opportunities and challenges presented by China's increasing presence in Latin America, analyzes the recent Sino-Scandinavian trade and investment relations, and introduces an eclectic model to explain China's trade based on factor endowments, increasing returns, nonhomothetic preferences, and trade costs. The second section, "China and Malaysia in the Regional Economy", scrutinizes the changes of China's perception in respect of free trade agreements from early skepticism to seeing FTA as an effective tool to defuse persistent fears among her neighbours of a "China threat", tests the impact of Sino-Malaysian trade integration on Malaysia's growth, assesses the opportunities and challenges that are open to Malaysian firms under ACFTA, investigates the extent of production sharing and the position of Malaysia's exports in the quality ladder with China, and looks at whether the comparative advantages of Malaysia in goods have altered significantly since China's entry into the WTO. The last section of the book, "Challenges of Reform", focusing on the domestic political and socioeconomic nexus involved in the transformation of modern China, provides an interregional comparative.
Download or read book Chinese Capitalism in Colonial Malaya 1900 1941 written by Yuen Tai and published by . This book was released on 2013 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Malaysia and the China Challenge written by Siaw Yien Loh and published by . This book was released on 2008 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Towards a Dynamic Theory of Diaspora written by LiAnne S. Yu and published by . This book was released on 1996 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Chinese in Malaysia written by Kam Hing Lee and published by Oxford University Press, USA. This book was released on 2000 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides informative description and analysis of the historical, economic, political and socio-cultural development of the Chinese in this country -- Book jacket.
