The Jingshan Report is a collection of research papers on key issues for China’s financial opening, including reform of the RMB exchange rate regime, management of cross-border capital flows and financial support for the Belt and Road Initiative. Authored by leading experts in the relevant fields, the report examines the evolution, current status and problems with the financial opening policy over the past four decades, and puts forward policy recommendations on how to steadily push forward China’s financial opening.
China's party-run courts have one of the highest conviction rates in the world, with forced confessions remaining a central feature. Despite recent prohibitions on evidence obtained through coercion or torture, forced confessions continue to undermine the Chinese judicial system. Recounting some harrowing cases of wrongful conviction, acclaimed legal scholar and novelist He Jiahong analyzes many problems in China's justice system. In one such case, Teng Xingshan was convicted in 1988 and later executed for murdering his mistress, but almost six years later it was discovered that the supposed victim, Shi Xiaorong, was still alive. In 2005, Teng's children submitted a complaint to the Hunan High People's Court, which then issued a revised judgment. In another case, She Xianglin was convicted of murdering his wife in 1994 and was sentenced to death, but this sentence was later commuted to fifteen years' imprisonment. In 2005, She's wife, presumed dead for over eleven years, "returned to life"; She was released from prison two weeks later, retried and found not guilty. With riveting examples, the author surveys the organization and procedure of criminal investigation, the lawyering system for criminal defense, the public prosecution system, trial proceedings, as well as criminal punishments and appeals. In doing so, He highlights the frequent causes of wrongful convictions: investigators working from forced confessions to evidence; improperly tight deadlines for solving criminal cases; prejudicial collection of evidence; misinterpretation of scientific evidence; continued use of torture to extract confessions; bowing to public opinion; nominal checks among the police, prosecutors and the courts; the dysfunction of courtroom trials; unlawfully extended custody with tunnel vision; and reduced sentencing in cases of doubt. The author also provides updated information about recent changes and reforms as well as the many continuing challenges of the criminal justice system in China.
This book is the first-ever monograph on clustering patterns in prehistoric settlements. It not only theoretically explains the difference between natural settlement communities and organizational forms for the first time, but also demonstrates the importance of understanding this difference in practical research. Based on extensive archaeological data from China and focusing on the evolution of prehistoric settlements and changing social relations, the book completely breaks with the globally popular research mode which is based on the assumption that settlement archaeology has nothing to do with prehistoric social organization. In terms of research methods, the book also abandons the globally popular method of measuring the grade and importance of settlements according to their size and the value of the unearthed objects. Instead, it focuses on understanding settlements’ attributes from the combined perspective of the group and individuals. On the one hand, the book proves that the clustering patterns in prehistoric settlement sites reflect the organizational forms of the time; on the other, it demonstrates that historical research focusing on the organizational forms of prehistoric societies is closer to the historical reality and of more scientific value. The intended readership includes graduates and researchers in the field of archaeology, or those who are interested in cultural relics and prehistoric settlements.
This book is intended for policy-makers, academics and students of development studies, area studies, political economy, geography and political science. Three of the best global performers in terms of economic growth are authoritarian states led by communist parties. The ‘socialist market economy’ model employed in China, Vietnam and Laos performs better than the economic systems in countries at a similar level of income per capita on a wide range of development indicators, yet market reforms and governance failures have led to highly unequal societies and significant environmental problems. This book presents the first comparative study of development in these three countries. Written by country experts and scholars of development studies, it explores the ongoing quest for market versus state within their model, and the coherence of their development. Chapter 5 is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.
This illuminating study of the evolution of Chinese capitalism chronicles the fortunes of the Song family of North China under five successive authoritarian governments. Headed initially by Song Chuandian, who became rich by exporting hairnets to Europe and America in the early twentieth century, the family built a thriving business against long odds of rural poverty and political chaos. A savvy political operator, Song Chuandian prospered and kept local warlords at bay, but his career ended badly when he fell afoul of the new Nationalist government. His son Song Feiqing—inspired by the reformist currents of the May Fourth Movement—developed a utopian capitalist vision that industry would redeem China from foreign imperialism and cultural backwardness. He founded the Dongya Corporation in 1932 to manufacture wool knitting yarn and for two decades steered the company through a constantly changing political landscape—the Nationalists, then Japanese occupiers, then the Nationalists again, and finally Chinese Communists. Increasingly hostile governments, combined with inflation, foreign competition, and a restless labor force, thwarted his ambition to create an “Industrial Eden.” Brett Sheehan shows how the Song family engaged in eclectic business practices that bore the imprint of both foreign and traditional Chinese influences. Businesspeople came to expect much from increasingly intrusive states, but the position of private capitalists remained tenuous no matter which government was in control. Although private business in China was closely linked to the state, it was neither a handmaiden to authoritarianism nor a natural ally of democracy.
The book is a classic of wisdom compiled by Yu Lin, a scholar of the Ming Dynasty. It chooses famous characters and stories in Chinese history. The collection is as famous as Feng Menglong's The Think Tank. Because the stories collected are all ingenious schemes, it has been misunderstood as a bypass and imprisoned for a long time. In fact, this book provides us with a wealth of historical knowledge and profound strategies to govern the world. By drawing lessons from the wisdom of the ancients in life, such as prevention of danger, acting on camera, responding at random, changing dangers into barbarians, relieving hardships and so on, we can gain the truth and experience of life, so that the world can become wise, sober and open-minded. The book also chooses a large number of classical stories about self-cultivation, family unity, governing the country and peace of the world, especially elaborating on the strategy and experience of living in the world, which still has certain enlightening significance at present.
Money? I have over a hundred billion yuan. Beautiful women? I live every day with my arms around my body. Status? Wait a minute, I'll talk to the boss about this project first. Ding Ergou, whose family had fallen, climbed up from the ground. Step by step, he stepped onto the peak, leading a life surrounded by many beauties!
This book is about internet finance, a concept coined by the authors in 2012. Internet finance deals specifically with the impacts of internet based technologies, such as mobile payments, social networks, search engines, cloud computation, and big data, on the financial sector. Major types of internet finance include third-party payments and mobile payments, internet currency, P2P lending, crowdfunding, and the use of big data in financial activities. Internet finance is highly popular and heavily discussed in China. Chinese Premier Li Keqiang made the healthy development of internet finance a policy priority in 2014 state-of-union address. This book, as a detailed report on internet finance in China, will help readers understand the status quo and development of China’s financial system.
