Download or read book Is China Buying the World written by Peter Nolan and published by John Wiley & Sons. This book was released on 2013-04-30 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has become the world's second biggest economy and its largest exporter. It possesses the world's largest foreign exchange reserves and has 29 companies in the FT 500 list of the world's largest companies. ‘China's Rise' preoccupies the global media, which regularly carry articles suggesting that it is using its financial resources to ‘buy the world'. Is there any truth to this idea? Or is this just scaremongering by Western commentators who have little interest in a balanced presentation of China's role in the global political economy? In this short book Peter Nolan - one of the leading international experts on China and the global economy - probes behind the media rhetoric and shows that the idea that China is buying the world is a myth. Since the 1970s the global business revolution has resulted in an unprecedented degree of industrial concentration. Giant firms from high income countries with leading technologies and brands have greatly increased their investments in developing countries, with China at the forefront. Multinational companies account for over two-thirds of China's high technology output and over ninety percent of its high technology exports. Global firms are deep inside the Chinese business system and are pressing China hard to be permitted to increase their presence without restraints. By contrast, Chinese firms have a negligible presence in the high-income countries - in other words, we are ‘inside them' but they are not yet ‘inside us'. China's 70-odd ‘national champion' firms are protected by the government through state ownership and other support measures. They are in industries such as banking, metals, mining, oil, power, construction, transport, and telecommunications, which tend to make use of high technology products rather than produce these products themselves. Their growth has been based on the rapidly growing home market. China has been unsuccessful so far in its efforts to nurture a group of globally competitive firms with leading global technologies and brands. Whether it will be successful in the future is an open question. This balanced analysis replaces rhetoric with evidence and argument. It provides a much-needed perspective on current debates about China's growing power and it will contribute to a constructive dialogue between China and the West.
Download or read book Restless Empire written by Odd Arne Westad and published by Basic Books. This book was released on 2012-08-28 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the twenty-first century dawns, China stands at a crossroads. The largest and most populous country on earth and currently the world's second biggest economy, China has recently reclaimed its historic place at the center of global affairs after decades of internal chaos and disastrous foreign relations. But even as China tentatively reengages with the outside world, the contradictions of its development risks pushing it back into an era of insularity and instability -- a regression that, as China's recent history shows, would have serious implications for all other nations. In Restless Empire, award-winning historian Odd Arne Westad traces China's complex foreign affairs over the past 250 years, identifying the forces that will determine the country's path in the decades to come. Since the height of the Qing Empire in the eighteenth century, China's interactions -- and confrontations -- with foreign powers have caused its worldview to fluctuate wildly between extremes of dominance and subjugation, emulation and defiance. From the invasion of Burma in the 1760s to the Boxer Rebellion in the early 20th century to the 2001 standoff over a downed U.S. spy plane, many of these encounters have left Chinese with a lingering sense of humiliation and resentment, and inflamed their notions of justice, hierarchy, and Chinese centrality in world affairs. Recently, China's rising influence on the world stage has shown what the country stands to gain from international cooperation and openness. But as Westad shows, the nation's success will ultimately hinge on its ability to engage with potential international partners while simultaneously safeguarding its own strength and stability. An in-depth study by one of our most respected authorities on international relations and contemporary East Asian history, Restless Empire is essential reading for anyone wishing to understand the recent past and probable future of this dynamic and complex nation.
Download or read book The World According to China written by Elizabeth C. Economy and published by John Wiley & Sons. This book was released on 2021-10-25 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: An economic and military superpower with 20 percent of the world’s population, China has the wherewithal to transform the international system. Xi Jinping’s bold calls for China to “lead in the reform of the global governance system” suggest that he has just such an ambition. But how does he plan to realize it? And what does it mean for the rest of the world? In this compelling book, Elizabeth Economy reveals China’s ambitious new strategy to reclaim the country’s past glory and reshape the geostrategic landscape in dramatic new ways. Xi’s vision is one of Chinese centrality on the global stage, in which the mainland has realized its sovereignty claims over Hong Kong, Taiwan, and the South China Sea, deepened its global political, economic, and security reach through its grand-scale Belt and Road Initiative, and used its leadership in the United Nations and other institutions to align international norms and values, particularly around human rights, with those of China. It is a world radically different from that of today. The international community needs to understand and respond to the great risks, as well as the potential opportunities, of a world rebuilt by China.
Download or read book China Buys the World written by Andrew Collier and published by Springer. This book was released on 2018-02-07 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the strategies that will define China’s overseas expansion in the coming years. China is spending billions of dollars acquiring overseas companies and assets, from the Chicago Mercantile Exchange to the Hinkley Point nuclear station. Will this corporate buying binge continue? In this book, Collier argues that state control will occur only among certain strategically key acquisitions while many of the corporate acquisitions will be done by smaller, private firms. However, China’s rising debt load may restrict the ability of many firms to obtain capital, including from China’s shadow banking sector. A key to understanding China’s strategy is to look at how the state intervenes in private business. Collier ably brings clarity to the “gray area” between state and private economic activity in this complex landscape. As the West faces China’s growing investments abroad, this book will be required reading for executives and decision makers, journalists, and policy makers.
Download or read book Global China written by Tarun Chhabra and published by Brookings Institution Press. This book was released on 2021-06-22 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global implications of China's rise as a global actor In 2005, a senior official in the George W. Bush administration expressed the hope that China would emerge as a “responsible stakeholder” on the world stage. A dozen years later, the Trump administration dramatically shifted course, instead calling China a “strategic competitor” whose actions routinely threaten U.S. interests. Both assessments reflected an underlying truth: China is no longer just a “rising” power. It has emerged as a truly global actor, both economically and militarily. Every day its actions affect nearly every region and every major issue, from climate change to trade, from conflict in troubled lands to competition over rules that will govern the uses of emerging technologies. To better address the implications of China's new status, both for American policy and for the broader international order, Brookings scholars conducted research over the past two years, culminating in a project: Global China: Assessing China's Growing Role in the World. The project is intended to furnish policy makers and the public with hard facts and deep insights for understanding China's regional and global ambitions. The initiative draws not only on Brookings's deep bench of China and East Asia experts, but also on the tremendous breadth of the institution's security, strategy, regional studies, technological, and economic development experts. Areas of focus include the evolution of China's domestic institutions; great power relations; the emergence of critical technologies; Asian security; China's influence in key regions beyond Asia; and China's impact on global governance and norms. Global China: Assessing China's Growing Role in the World provides the most current, broad-scope, and fact-based assessment of the implications of China's rise for the United States and the rest of the world.
Download or read book The Rise of China and the Demise of the Capitalist World Economy written by Minqi Li and published by NYU Press. This book was released on 2008 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, China has become a major actor in the global economy, making a remarkable switch from a planned and egalitarian socialism to a simultaneously wide-open and tightly controlled market economy. Against the establishment wisdom, Minqi Li argues in this provocative and startling book that far from strengthening capitalism, China’s full integration into the world capitalist system will, in fact and in the not too distant future, bring about its demise. The author tells us that historically the spread and growth of capitalist economies has required low wages, taxation, and environmental costs, as well as a hegemonic nation to prevent international competition from eroding these requirements. With the decline of the economic power of the United States, its current hegemonic role will deteriorate and the unprecedented growth of China will so erode the foundations of capital accumulation—by pushing wages and environmental costs up, for example—that the entire capitalist system will be shaken to its core. This is essential reading for those who still believe that there is no alternative.
Download or read book The China Boom written by Ho-fung Hung and published by Contemporary Asia in the World. This book was released on 2017-03-07 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A systematic investigation into the origins and unraveling of China's economic miracle.
Download or read book The End of Cheap China written by Shaun Rein and published by John Wiley & Sons. This book was released on 2012-02-13 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: As China evolves, so does the global marketplace—all the way down to the consumer The End of Cheap China is a detailed look at the rise of China, and how it will affect the global marketplace. A thorough exploration of the changes taking place in the Chinese economy, the book explains how much of the Western consumerist culture is built on the back of cheap Chinese factory labor, and warns that the era is coming to a close. Readers will learn why the cheap labor pool is beginning to dry up, what that means for the rest of the world, and how businesses will have to adapt to stay afloat. This updated second edition includes new statistics, the latest news on the Chinese economy, and additional case studies that illustrate the ways in which China has developed—into a brand-new potential market. China's social, political, and economic evolution will affect the entire world. Rising incomes are building pressure on the global commodities market, inflation is only just beginning, and consumers are experiencing sticker shock as cheap labor is becoming harder to find. The End of Cheap China explains the factors driving these changes, the impact that can be expected, and the opportunities that constitute a major silver lining for businesses panicking about the coming paradigm shift. Readers will: Discover the eight mega-trends changing China, and how far the ripples will spread Learn how rising costs in China will dramatically affect the American way of life Examine the rise of Chinese consumption, and the friction it engenders Consider the changes businesses must make to remain profitable in a changing world The global marketplace is evolving, and it's up to businesses to keep pace with the changes. The End of Cheap China provides a roadmap for navigating these changes, helping businesses lead the charge toward a more affluent global economy.
Download or read book How China Sees the World written by John M. Friend and published by Potomac Books. This book was released on 2018-11-01 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Han-centrism, a virulent form of Chinese nationalism, asserts that the Han Chinese are superior to other peoples and have a legitimate right to advance Chinese interests at the expense of other countries. Han nationalists have called for policies that will allow China to reclaim the prosperity stolen by foreign powers during the “Century of Humiliation.” The growth of Chinese capabilities and Han-centrism suggests that the United States, its allies, and other countries in Asia will face an increasingly assertive China—one that thinks it possesses a right to dominate international politics. John M. Friend and Bradley A. Thayer explore the roots of the growing Han nationalist group and the implications of Chinese hypernationalism for minorities within China and for international relations. The deeply rooted chauvinism and social Darwinism underlying Han-centrism, along with China’s rapid growth, threaten the current stability of international politics, making national and international competition and conflict over security more likely. Western thinkers have yet to consider the adverse implications of a hypernationalistic China, as opposed to the policies of a pragmatic China, were it to become the world’s dominant state.
Download or read book The New China Playbook written by Keyu Jin and published by Penguin. This book was released on 2023-05-16 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Keyu Jin is a brilliant thinker.” —Tony Blair, former prime minster of the United Kingdom A myth-dispelling, comprehensive guide to the Chinese economy and its path to ascendancy. China's economy has been booming for decades now. A formidable and emerging power on the world stage, the China that most Americans picture is only a rough sketch, based on American news coverage, policy, and ways of understanding. Enter Keyu Jin: a world-renowned economist who was born in China, educated in the U.S., and is now a tenured professor at the London School of Economics. A person fluent in both Eastern and Western cultures, and a voice of the new generation of Chinese who represent a radical break from the past, Jin is uniquely poised to explain how China became the most successful economic story of our time, as it has shifted from primarily state-owned enterprise to an economy that is thriving in entrepreneurship, and participation in the global economy. China’s economic realm is colorful and lively, filled with paradoxes and conundrums, and Jin believes that by understanding the Chinese model, the people, the culture and history in its true perspective, one can reconcile what may appear to be contradictions to the Western eye. What follows is an illuminating account of a burgeoning world power, its past, and its potential future.
Download or read book China Reclaims World Power Status written by Paolo Urio and published by Routledge. This book was released on 2018-04-09 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using both Chinese and Western theoretical approaches, this book analyses the strategies implemented by China for reclaiming power in the international domain. Examining domestic measures taken by China to assure its economic and social development, it also considers the strengths and weaknesses of its major international opponent, the US, and analyses their competing approaches to developing power resources and leadership dominance. It studies the foreign policies of both China and the US, first by going back to the historical origins of their ideological foundations and secondly by analysing their power building from the nineteenth century to the Trump and Xi Jinping presidencies. Finally, this book focuses on the One Belt One Road Initiative as China’s response to putting an end to the ‘world America made’ and debates the question of whether China will emerge as a new capitalist country embedded in the liberal capitalist world system, or as an authoritarian state with a socialist market economy, able to change the rules of the international order. Providing a comparison of the two major world powers and a comprehensive overview of their relationship, this book will be of great interest to students and scholars of Chinese politics and international relations, as well as Chinese Studies more generally.
Download or read book China Orders the World written by William A. Callahan and published by Johns Hopkins University Press. This book was released on 2012-02-27 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines a series of complex debates surrounding the role of China’s historical ideals in shaping its foreign policy. Presenting and analyzing the works of key Chinese philosophers and prominent international relations theorists, the contributors—prestigious scholars from China, the United States, the United Kingdom, and France—examine how an idealized version of China’s imperial past now inspires a new generation of Chinese scholars and policymakers and their plans for China’s future. Although a growing number of books treat China’s rise and world view, China Orders the World brings together Chinese and Western scholars in a uniquely detailed and nuanced exploration of how traditional Chinese culture is being remolded into a "Chinese-style" world order for the twenty-first century.
Download or read book WHY CHINA LEADS THE WORLD written by Godfree Roberts and published by Godfree Roberts. This book was released on 2021-01-04 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: The First Book to Explain China's Success: Talent at the Top, Data in the Middle, Democracy at the Bottom. The Coronavirus epidemic triggered a change of the global balance of power: by the end of 2020 there were more hungry children, more poor, homeless, drug addicted, and imprisoned people in America than in China. Why China Leads the World investigates why the epidemic accelerated the change of global leadership and examines China's bigger, steadier economy, its leadership in science, stronger military, more powerful allies, and wider diplomatic support. Crammed with charts, footnotes, and quotes, it is a profoundly disturbing book, but one that helps you understand the tectonic shift, adapt to this new era, and thrive in it. China's grand strategy is simple: create a home for the world's happiest people, establish the world's best diplomatic relationships, its strongest economy, healthiest environment, most powerful military, newest technologies, and best human rights record. At that point, the world's hearts and minds will follow.
Download or read book China in World History written by Paul S. Ropp and published by Oxford University Press. This book was released on 2010-07-09 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here is a fascinating compact history of Chinese political, economic, and cultural life, ranging from the origins of civilization in China to the beginning of the 21st century. Historian Paul Ropp combines vivid story-telling with astute analysis to shed light on some of the larger questions of Chinese history. What is distinctive about China in comparison with other civilizations? What have been the major changes and continuities in Chinese life over the past four millennia? Offering a global perspective, the book shows how China's nomadic neighbors to the north and west influenced much of the political, military, and even cultural history of China. Ropp also examines Sino-Indian relations, highlighting the impact of the thriving trade between India and China as well as the profound effect of Indian Buddhism on Chinese life. Finally, the author discusses the humiliation of China at the hands of Western powers and Japan, explaining how these recent events have shaped China's quest for wealth, power and respect today, and have colored China's perception of its own place in world history.
Download or read book By All Means Necessary written by Elizabeth Economy and published by Oxford University Press, USA. This book was released on 2014-03 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: From two leading scholars in the field, a comprehensive account of the Chinese economy's explosive growth over the past 25 years.
Download or read book Winner Take All written by Dambisa Moyo and published by Harper Collins. This book was released on 2012-05-29 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Newspaper headlines and media commentators scream warnings of the impending doom nearly every day—shortages of arable land, clashes over water, and the political Armageddon as global demand for energy in the form of fossil fuels far outstrips any possible supply. The picture painted is bleak, and the possible impact of commodities markets on how we live is far-reaching, but our grasp of the details and the mega shifts in the commodity space remains blurred. There’s so much noise surrounding resource scarcity and China’s emerging dominance in commodities that we risk complacency. Overturning our assumptions, bestselling author Dambisa Moyo charts the commodity dynamics that the world will face over the next several decades, and the implications of China’s rush for resources across all regions of the world, from Africa to Latin America, from North America to Europe to Australia.
Download or read book World Heritage Craze in China written by Haiming Yan and published by Berghahn Books. This book was released on 2018-03-28 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a World Heritage Craze in China. China claims to have the longest continuous civilization in the world and is seeking recognition from UNESCO. This book explores three dimensions of the UNESCO World Heritage initiative with particular relevance for China: the universal agenda, the national practices, and the local responses. With a sociological lens, this book offers comprehensive insights into World Heritage, as well as China’s deep social, cultural, and political structures.