Regulating the Visible Hand?

Regulating the Visible Hand?

Author: Benjamin L. Liebman

Publisher: Oxford University Press, USA

Published: 2016

Total Pages: 481

ISBN-13: 0190250259

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This text 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.


China's Ownership Transformation

China's Ownership Transformation

Author: Ross Garnaut

Publisher: World Bank Publications

Published: 2005

Total Pages: 262

ISBN-13:

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China's emergence as a global economic player has been accompanied by a major internal transformation. Over the past decade, the economy has made the transition from complete reliance on state-owned and collective enterprise to a mixed economy where private enterprise also plays a strong role. Gaizhi, a Chinese term meaning 'transforming the system', has become a major phenomenon in most parts of the country; in many cases it has involved full privatization. 'China's Ownership Transformation' applies descriptive and econometric analysis to survey, and official statistical data to examine, the progress of gaizhi over the years and across regions. It discusses the main players in the process, their motivation and incentives, and looks at the forms, scope, and timing of gaizhi. The authors also provide an assessment of the outcomes of gaizhi, focusing on employee issues, corporate governance issues and firm performance. The book concludes with discussion of the issues related to the fairness and efficiency of the gaizhi process, particularly concerning the role of management buy-outs and outside investors. These issues are at the center of a lively public debate in China, which is likely to influence future Chinese policies toward gaizhi. This title provides researchers, students, policymakers, and those interested in the emergence of China as a global manufacturing and economic powerhouse with in-depth information on the transformation of its state-owned sector.


Under New Ownership

Under New Ownership

Author: Shahid Yusuf

Publisher: World Bank Publications

Published: 2006

Total Pages: 300

ISBN-13: 0821356259

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Although China's centrally planned economy is a little more than a shadow of its former self, the closely inter-linked reforms of the enterprise and banking sectors are still incomplete. The relative size of the state-owned enterprise sector has been much reduced, however, the sector remains the dominant borrower from the banking system and is responsible for the majority of bank non-performing assets. Thus in the interests of financial stability it is crucial to implement the remaining reform agenda. The accession to the WTO has also made it more urgent for China's most-dynamic state-owned en.


Women and Property in China, 960-1949

Women and Property in China, 960-1949

Author: Kathryn Bernhardt

Publisher: Stanford University Press

Published: 1999

Total Pages: 260

ISBN-13: 9780804735278

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Drawing on newly available archival case records, this book demonstrates that Chinese women's rights to property changed substantially from the Song through the Qing dynasties, and even more dramatically under the Republican Civil Code of 1929-30.


Negotiating Rural Land Ownership in Southwest China

Negotiating Rural Land Ownership in Southwest China

Author: Yi Wu

Publisher: University of Hawaii Press

Published: 2018-04-30

Total Pages: 0

ISBN-13: 9780824876807

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Negotiating Rural Land Ownership in Southwest China offers the first comprehensive analysis of how China’s current system of land ownership has evolved over the past six decades. Based on extended fieldwork in Yunnan Province, the author explores how the three major rural actors—local governments, village communities, and rural households—have contested and negotiated land rights at the grassroots level, thereby transforming the structure of rural land ownership in the People’s Republic of China. At least two million rural settlements (or “natural villages”) are estimated to exist in China today. Formed spontaneously out of settlement choices over extended periods of time, these rural settlements are fundamentally different from the present-day administrative villages imposed by the government from above. Yi Wu’s historical ethnography sheds light on such “natural villages” and their role in shaping the current land ownership system. Drawing on local land disputes, archival documents, and rich local histories, the author unveils their enduring social identities in both the Maoist and reform eras. She pioneers the concept of “bounded collectivism” to describe what resulted from struggles between the Chinese state trying to establish collective land ownership, and rural settlements seeking exclusive control over land resources within their traditional borders. A particular contribution of this book is that it provides a nuanced understanding of how and why China’s rural land ownership is changing in post-Mao China. Yi Wu uses village-level data to show how local governments, rural communities, and rural households compete for use, income, and transfer rights in both agricultural production and the land market. She demonstrates that the current rural land ownership system in China is not a static system imposed by the state from above, but a constantly changing hybrid.


China's Economy

China's Economy

Author: Arthur R. Kroeber

Publisher: Oxford University Press

Published: 2020-06-05

Total Pages: 465

ISBN-13: 0190946490

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China's economic growth has been revolutionary, and is the foundation of its increasingly prominent role in world affairs. It is the world's second biggest economy, the largest manufacturing and trading nation, the consumer of half the world's steel and coal, the biggest source of international tourists, and one of the most influential investors in developing countries from southeast Asia to Africa to Latin America. Multinational companies make billions of dollars in profits in China each year, while traders around the world shudder at every gyration of the country's unruly stock markets. Perhaps paradoxically, its capitalist economy is governed by an authoritarian Communist Party that shows no sign of loosening its grip. China is frequently in the news, whether because of trade disputes, the challenges of its Belt and Road initiative for global infrastructure, or its increasing military strength. China's political and technological challenges, created by a country whose political system and values differ dramatically from most of the other major world economies, creates uncertainty and even fear. China's Economy: What Everyone Needs to Know® is a concise introduction to the most astonishing economic and political story of the last three decades. Arthur Kroeber enhances our understanding of China's changes and their implications. Among the essential questions he answers are: How did China grow so fast for so long? Can it keep growing and still solve its problems of environmental damage, fast-rising debt and rampant corruption? How long can its vibrant economy co-exist with the repressive one-party state? How do China's changes affect the rest of the world? This thoroughly revised and updated second edition includes a comprehensive discussion of the origins and development of the US-China strategic rivalry, including Trump's trade war and the race for technological supremacy. It also explores the recent changes in China's political system, reflecting Xi Jinping's emergence as the most powerful leader since Mao Zedong. It includes insights on changes in China's financial sector, covering the rise and fall of the shadow banking sector, and China's increasing integration with global financial markets. And it covers China's rapid technological development and the rise of its global Internet champions such as Alibaba and Tencent.


China's Housing Reform and Outcomes

China's Housing Reform and Outcomes

Author: Joyce Yanyun Man

Publisher: Lincoln Inst of Land Policy

Published: 2011

Total Pages: 260

ISBN-13: 9781558442115

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This in-depth volume explains China's residential construction boom and reviews how some established trends are likely to challenge its housing market in coming years. It draws on household surveys and public data in China and provides important lessons about housing policy for China and other countries.


Governing Enterprises in China

Governing Enterprises in China

Author: Zhang Cheng

Publisher: Springer Nature

Published: 2021-06-24

Total Pages: 175

ISBN-13: 9811631166

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This book examines the nature of the marketization of corporate boards following the introduction of the split share reform, corporate board and shareholder relations, corporate performance, and risk-taking conduct in China. The chapters cover topics such as determinants of corporate board size and independence, corporate risk-taking conduct under different controlling shareholder types. The book deepens our understanding of corporate governance mechanisms as most previous studies have limited their findings using mainstream perspectives grounded on neoclassical theory. It outlines that China’s corporate board composition is determined by the board’s scope of operation, monitoring, bargaining power, and other governance mechanisms and regulations. It also offers a comparison between China’s experience with other economies in general and other transition economies in particular. As such, the book represents an essential overview of the current concerns regarding corporate governance in China. It is of great interest to legal researchers, policymakers, and legal practitioners working with business investments in China.


All Mine!

All Mine!

Author: Stephen Owen

Publisher: Columbia University Press

Published: 2021-12-14

Total Pages: 120

ISBN-13: 0231554877

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Under the Song Dynasty, China experienced rapid commercial growth and monetization of the economy. In the same period, the austere ethical turn that led to neo-Confucianism was becoming increasingly prevalent in the imperial bureaucracy and literati culture. Tracing the influences of these trends in Chinese intellectual history, All Mine! explores the varied ways in which eleventh-century writers worked through the conflicting values of this new world. Stephen Owen contends that in the new money economy of the Song, writers became preoccupied with the question of whether material things can bring happiness. Key thinkers returned to this problem, weighing the conflicting influences of worldly possessions and material comfort against Confucian ideology, which locates true contentment in the Way and disdains attachment to things. In a series of essays, Owen examines the works of writers such as the prose master Ouyang Xiu, who asked whether tranquility could be found in the backwater to which he had been exiled; the poet and essayist Su Dongpo, who was put on trial for slandering the emperor; and the historian Sima Guang, whose private garden elicited reflections on private ownership. Through strikingly original readings of major eleventh-century figures, All Mine! inquires not only into the material conditions of happiness but also the broader conditions of knowledge.