Avoiding the Blind Valley

Avoiding the Blind Valley

Author: Daniel H. Rosen

Publisher:

Published: 2014

Total Pages: 192

ISBN-13:

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"Chinese President Xi Jinping and other leaders announced a comprehensive program of economic reform, backed up by governance changes. The degree of boldness indicates that after 35 years of world-beating economic performance, China's development model is obsolete and urgently in need of replacement. To justify the risks, President Xi quoted an impassioned plea for policy modernization by his predecessor Deng Xiaoping: the only way to avoid a dead end - a blind alley - is to deepen reform at home and opening to the world. Despite this clarion call, observers have found several reasons to wonder what shape the reforms will take and whether the reform program will set China's economy on a new path to sustained growth and bolster its trade and investment relationships. Avoiding the Blind Alley: China's Economic Overhaul and Its Global Implications offers new insights on the changing profile and prospects of what will soon be the world's largest economy. The report clarifies the ambitions of China's economic reform program, assesses the progress China has made in implementing reforms, and forecasts the economic impacts the program will have on China and the world."--Extracted from Asia Society Policy Institute website.


China's Continued Reforms In A New Era: Their Impact On Chinese Foreign Direct Investments And Rmb Internationalization

China's Continued Reforms In A New Era: Their Impact On Chinese Foreign Direct Investments And Rmb Internationalization

Author: Xugang Yu

Publisher: World Scientific

Published: 2020-03-17

Total Pages: 336

ISBN-13: 981121266X

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This book studies the new economic and financial reforms China is adopting to advance its economy, and the policies behind the Chinese Outbound Direct Investment (ODI). It also aims to illustrate the impact of China's reforms on Chinese Outward Investments, and the Internationalization of the RMB.The book explores the new wave of reforms, especially in the financial sector, together with President Xi Jinping's vision for a shared future for mankind together with his explanation on the 'new Era'. In fact, China is entering a 'New Era' and transforming its economy into a more sophisticated one, upgrading the industrial sector and introducing specific and dedicated reforms in the SOEs (State Owned Enterprises) to render them more efficient and allow them to compete fairly at the international level.The book also focuses on RMB 'internationalization'. It also contains an addendum on trade frictions between China and the US.


Regulating the Visible Hand?

Regulating the Visible Hand?

Author: Benjamin L. Liebman

Publisher: Oxford University Press

Published: 2015-10-19

Total Pages: 481

ISBN-13: 0190250267

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The economic and geopolitical implications of China's rise have been the subject of vast commentary. However, the institutional implications of China's transformative development under state capitalism have not been examined extensively and comprehensively. Regulating the Visible Hand? The Institutional Implications of Chinese State Capitalism examines the domestic and global consequences of Chinese state capitalism, focusing on the impact of state-owned enterprises on regulation and policy, while placing China's variety of state capitalism in comparative perspective. It first examines the domestic governance of Chinese state capitalism, looking at institutional design and regulatory policy in areas ranging from the environment and antitrust to corporate law and taxation. It then analyses the global consequences for the regulation of trade, investment and finance. Contributors address such questions as: What are the implications of state capitalism for China's domestic institutional trajectory? What are the global implications of Chinese state capitalism? What can be learned from a comparative analysis of state capitalism?


Accidental Conflict

Accidental Conflict

Author: Stephen Roach

Publisher: Yale University Press

Published: 2022-11-08

Total Pages: 448

ISBN-13: 0300269013

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The misguided forces driving conflict escalation between America and China, and the path to a new relationship “A timely, fluid, readable assessment of a testy and rapidly changing global relationship.”—Kirkus Reviews (starred review) In the short span of four years, America and China have entered a trade war, a tech war, and a new Cold War. This conflict between the world’s two most powerful nations wouldn’t have happened were it not for an unnecessary clash of false narratives. America falsely blames its trade and technology threats on China yet overlooks its shaky saving foundation. China falsely blames its growth challenges on America’s alleged containment of market-based socialism, ignoring its failed economic rebalancing. In a hard-hitting analysis of both nations’ economies, politics, and policies, Stephen Roach argues that much of the rhetoric on both sides is dangerously misguided, amplified by information distortion, and more a reflection of each nation’s fears and vulnerabilities than a credible assessment of the risks they face. Outlining the disastrous toll of conflict escalation between China and America, Roach offers a new road map to restoring a mutually advantageous relationship.


China’s Foreign Policy

China’s Foreign Policy

Author: Andrea Benvenuti

Publisher: Routledge

Published: 2022-05-15

Total Pages: 174

ISBN-13: 100058156X

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This volume explains China’s foreign policy from the perspective of its historical recovery after 1949 and the country’s subsequent rise as a great power, including its transformation into a global power. It also illuminates how China has, in tandem with its rise, developed an increasing array of political, economic, ‘sharp power’ and military capabilities that is helping it to further its increasingly expansive foreign policy objectives. The volume examines two key questions: What have been the implications of China’s rise for its foreign policy? And how has an increasingly powerful and confident China used a range of foreign policy instruments to pursue its expanding national interests in Asia and beyond? The volume is divided into three parts, covering the conceptualization and drivers of China’s foreign policy, China’s relations with the world, and the instruments of China’s foreign policy, namely its economic power, military capabilities and its ‘sharp power’ manipulation of information and relationships. It will be of interest to academics, students and researchers interested in understanding China’s role in world politics.


China's Future

China's Future

Author: David Shambaugh

Publisher: John Wiley & Sons

Published: 2016-03-11

Total Pages: 144

ISBN-13: 1509507175

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China's future is arguably the most consequential question in global affairs. Having enjoyed unprecedented levels of growth, China is at a critical juncture in the development of its economy, society, polity, national security, and international relations. The direction the nation takes at this turning point will determine whether it stalls or continues to develop and prosper. Will China be successful in implementing a new wave of transformational reforms that could last decades and make it the world's leading superpower? Or will its leaders shy away from the drastic changes required because the regime's power is at risk? If so, will that lead to prolonged stagnation or even regime collapse? Might China move down a more liberal or even democratic path? Or will China instead emerge as a hard, authoritarian and aggressive superstate? In this new book, David Shambaugh argues that these potential pathways are all possibilities - but they depend on key decisions yet to be made by China's leaders, different pressures from within Chinese society, as well as actions taken by other nations. Assessing these scenarios and their implications, he offers a thoughtful and clear study of China's future for all those seeking to understand the country's likely trajectory over the coming decade and beyond.


Broken Abacus?

Broken Abacus?

Author: Daniel Rosen

Publisher: Rowman & Littlefield

Published: 2015-08-21

Total Pages: 241

ISBN-13: 1442240857

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Until recently a lack of precision around China’s economic size was taken for granted but caused little lost sleep: room to expand and the pace of growth were self-evident, and everything beyond that was academic for most purposes. But today the pace and even direction of China’s growth is prone to volatility, and the nation is sizable enough to cause global disruption. This study reassesses China’s nominal economic size from the bottom up. It compares China’s practices with international standards and reviews the long-standing arguments about Chinese economic statistics to separate real concerns from distractions.


China and Global Value Chains

China and Global Value Chains

Author: Yutao Sun

Publisher: Routledge

Published: 2017-12-15

Total Pages: 166

ISBN-13: 1351972987

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President Trump has raised the intriguing question of bringing the manufacturing of companies like Apple back from China to the U.S. This book, however, argues that in this age of the knowledge-based economy and increased globalization, that value creation and distribution based on knowledge and innovation activities are at the core of economic development. The double-edged sword of globalization has transformed China’s economic development in the past few decades. Although China has benefitted from globalization and is now the second largest economy in the world, having become a global manufacturing power and the biggest exporter of high-tech products, it continues to be highly dependent on foreign sources of capital and technology. This book will explore the core of the Chinese economy from the perspective of the Global Value Chain (GVC), combining analysis of inward investment, international trade, Science and Technology and Innovation (S&TI) and economic development. Specifically, it investigates China’s evolving role in GVCs with some innovative Chinese companies emerging in the global market and China’s ongoing efforts to become an innovation-driven economy. China’s impressive economic record and experience provides an impressive role model for other developing countries.