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An eminent China expert considers how the Chinese Communist Party will be removed from power and democratic transition will take place.
The book focuses on low-carbon issues and China's economy, which is analyzed from the perspective of electricity economics. It proposes the novel concept of an "economic gene" to reflect certain characteristics of the economy. The gene mapping of China's economy has been studied based on production functions with electricity. Economic mutations have also been studied with the aim of diagnosing problems in the economy. Two such mutations have occurred in China since 1978, the most recent being in 2012 and no further mutation is expected until 2025. The book describes the inherent quality of China's economy from 2012 to 2025, and how mechanism reforms would greatly improve marginal representative factor productivity in this period. The agents response equilibrium (ARE) approach to simulate national economy, based on multi-agent technology is proposed. Another cornerstone of the model is the input-output table. Simulated input-output tables from 2011 to 2025 are provided in the book. This book provides recommendations for policy makers and advisors, and is a valuable resource for researchers in the fields of economics, public policies, low-carbon development, electricity and energy. It also provides insights into China's economic development.
In the new millennium, understanding China's energy economy is crucial for politicians, businesspeople and energy economists, as China's energy policy choices will mean both challenges and opportunities for the world in terms of an increasing share of primary energy consumption and investment. This book initially reviews the literature on China's energy economy and in so doing reveals that many important areas have been overlooked or are outdated in their coverage. Given the size of China and its global importance, the book then review s China's current energy situation and fills the gaps in the literature for those who are interested in and concerned about China's economic development and energy reform in the new millennium. The book is different from previous studies in several important ways: Firstly, it presents recent, pioneering research rather than a simple textbook, several sections of which have been published in high-quality energy journals. Secondly, the book first subdivides China's energy intensity change into aspects of budget constraint, technological change, factor substitution, energy demand and economic growth using a newly developed econometric approach. Thirdly, it provides many new and different econometric findings and derives many new policy implications for China's energy economy. And lastly, it brings to light a wealth of new knowledge for those who are interested in China's energy economy, the world energy market and global environmental and climate change issues.
China's increasing role in global economic affairs has placed the country at a crossroads: how many and what types of international capital-market transactions will China permit? How will China's financial system change internally? What kind of relationships will the Chinese government develop with foreign financial institutions, especially with those based in the United States? Can China broker a sustainable partnership with America that will avoid sending economic shock waves throughout the world?Drawing on the contemporary research of prominent international scholars, the experts in this volume outline the trajectory of China's financial markets since the advent of reform and anticipate their uncertain future. Chapter authors and commentators include Geert Bekaert, Loren Brandt, Lee Branstetter, Mary Wadsworth Darby, Michael DeStefano, Barry Eichengreen, Campbell Harvey, Fred Hu, Xiaobo Lu, Christian Lundblad, Ailsa Roell, Daniel Rosen, Shang-Jin Wei, Jialin Yu, and Xiaodong Zhu.The book begins with an overview of the history of financial-sector development, regulation, and performance and then focuses on the banking sector, discussing the progress, challenges, and prospects of current sector reform. Subsequent chapters describe the role of foreign capital in China's development and analyze the changes in capital flows and controls over time; explore various explanations for China's composition of foreign-capital and foreign-exchange policies, particularly the factors shaping China's reliance on foreign direct investment; and provide an international, comparative perspective on the remarkable growth experience of China and the contribution of its institutional environment to that experience.Contributors dispute the belief that stock market listing has done little to reform state-owned enterprises and take a hard look at the exchange rate regime choice for China, considering the potential long-run desirability of flexibility and the appropriate sequencing of reforms in foreign-exchange policy, domestic banking reform, and capital-market openness. The book concludes with a roundtable discussion in which prominent economists, including Peter Garber, Robert Hodrick, John Makin, David Malpass, Frederic Mishkin, and Eswar Prasad, debate the pace of the appreciation of China's currency and the likely consequences of that policy within and outside of China.
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.
In less than three decades, China has grown from playing a negligible role in world trade to being one of the world's largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. Not surprisingly, China's economic dynamism has generated considerable attention and concern in the United States and beyond. While some analysts have warned of the potential pitfalls of China's rise--the loss of jobs, for example--others have highlighted the benefits of less expensive goods and services purchased by U.S. consumers along with new market and investment opportunities for U.S. firms. Bringing together an expert group of contributors, China's Growing Role in World Trade undertakes an empirical investigation of the effects of China's new status. The essays collected here provide detailed analyses of the microstructure of trade, the macroeconomic implications, sector-level issues, and foreign direct investment. This volume's careful examination of micro data in light of established economic theories clarifies a number of misconceptions, overturns some conventional wisdom, and documents data patterns that enhance our understanding of issues related to China's trade.
This volume provides a comprehensive review of China's healthcare system and policy reforms in the context of the global economy. Following a value-chain framework, the 16 chapters cover the payers, the providers, and the producers (manufacturers) in China's system. It also provides a detailed analysis of the historical development of China's healthcare system, the current state of its broad reforms, and the uneasy balance between China's market-driven approach and governmental regulation. Most importantly, it devotes considerable attention to the major problems confronting China, including chronic illness, public health, and long-term care and economic security for the elderly. Burns and Liu have assembled the latest research from leading health economists and political scientists, as well as senior public health officials and corporate executives, making this book an essential read for industry professionals, policymakers, researchers, and students studying comparative health systems across the world.
Watching China's growing power and international prominence today, many have invoked China's imperial past to project Asia's future dominated by China. China's Hegemony shows that the Chinese-centered international order in Asia's past was not as Sinocentric as conventional wisdom suggests. Instead, throughout the early modern period, Chinese hegemony was accepted, defied, and challenged by its East Asian neighbors at different times, depending on these leaders' strategies for legitimacy among their own populations. This book demonstrates that Chinese hegemony and hierarchy were not an outcome of just China's military power or Confucian culture but were constructed while interacting with other, less powerful actors' domestic political needs.Focusing on China-Korea-Japan dynamics of East Asian international politics during the Ming and High Qing periods, Lee draws on extensive research of East Asian language documents, including records written by Chinese and Korean envoys. The book offers fascinating and rich details of war and peace in Asian international relations, addressing questions such as: why Japan invaded Korea and fought a war against Sino-Korean coalition in the late sixteenth century; why Korea attempted to strike at the Ming empire militarily in the late fourteenth century; and how Japan created a miniature international order posing as the center of Asia in lieu of the Qing empire in the seventeenth century. By answering these questions, Lee's in-depth study speaks directly to general international relations literature and concludes that hegemony in Asia is a domestic as well as international phenomenon with implications for the contemporary era.
In the thirty-five years since China instituted its One-Child Policy, 120,000 children--mostly girls--have left China through international adoption, including 85,000 to the United States. It's generally assumed that this diaspora is the result of China's approach to population control, but there is also the underlying belief that the majority of adoptees are daughters because the One-Child Policy often collides with the traditional preference for a son. While there is some truth to this, it does not tell the full story--a story with deep personal resonance to Kay Ann Johnson, a China scholar and mother to an adopted Chinese daughter. Johnson spent years talking with the Chinese parents driven to relinquish their daughters during the brutal birth-planning campaigns of the 1990s and early 2000s, and, with China's Hidden Children, she paints a startlingly different picture. The decision to give up a daughter, she shows, is not a facile one, but one almost always fraught with grief and dictated by fear. Were it not for the constant threat of punishment for breaching the country's stringent birth-planning policies, most Chinese parents would have raised their daughters despite the cultural preference for sons. With clear understanding and compassion for the families, Johnson describes their desperate efforts to conceal the birth of second or third daughters from the authorities. As the Chinese government cracked down on those caught concealing an out-of-plan child, strategies for surrendering children changed--from arranging adoptions or sending them to live with rural family to secret placement at carefully chosen doorsteps and, finally, abandonment in public places. In the twenty-first century, China's so-called abandoned children have increasingly become "stolen" children, as declining fertility rates have left the dwindling number of children available for adoption more vulnerable to child trafficking. In addition, government seizures of locally--but illegally--adopted children and children hidden within their birth families mean that even legal adopters have unknowingly adopted children taken from parents and sent to orphanages. The image of the "unwanted daughter" remains commonplace in Western conceptions of China. With China's Hidden Children, Johnson reveals the complex web of love, secrecy, and pain woven in the coerced decision to give one's child up for adoption and the profound negative impact China's birth-planning campaigns have on Chinese families.
Since 1997, China has devoted considerable resources to information and communications technology (ICT) development. China has the world's largest telecommunications market, and its information technology industry has been an engine of economic growth-growing two to three times faster than GDP over the past 10 years. E-government initiatives have achieved significant results, and the private sector has increasingly used ICT for production and service processes, internal management, and online transactions. The approaching 10-year mark provides an excellent opportunity to update the policy to reflect the evolving needs of China's economy. These needs include the challenges posed by industrialization, urbanization, upgraded consumption, and social mobility. Developing a more effective ICT strategy will help China to achieve its economic and social goals. Addressing all the critical factors is complex and requires long-term commitment. This book highlights several key issues that need to be addressed decisively in the second half of this decade, through policies entailing institutional reform, to trigger broader changes. This books is the result of 10 months of strategic research by a World Bank team at the request of China's State Council Informatization Office and the Advisory Committee for State Informatization. Drawing on background papers by Chinese researchers, the study provides a variety of domestic perspectives and local case studies and combines these perspectives with international experiences on how similar issues may have been addressed in other countries.
This book focuses on the growing sheep meat industry while drawing on associated research from other areas of the Chinese livestock section. Using this research, the authors use the sheep meat industry case study to illustrate the broader trends that apply more generally to the Chinese livestock sector, especially in the case of ruminant livestock.
Describes the events of the 6,000 mile march undertaken by Mao Zedong and his Communist followers as they retreated before the forces of Chiang Kai-shek.
As the sluggish external market demand and excess domestic investment in past years have caused excess production capacity, resulting in both industrial growth rate and GDP growth rate falling to lowest point for the last three years in China. Where would China’s economy go? China’s Macroeconomic Outlook, August 2013 provides some insights into the details of the economic development in China, and also includes series of simulations of the impact of decreasing government revenue on the economic performance. The research suggests that China should cut its government revenue share in GDP to promote its structural adjustment.
Explore the world-changing digital transformation in China China's Mobile Economy: Opportunities in the Largest and Fastest Information Consumption Boom is a cutting-edge text that spotlights the digital transformation in China. Organised into three major areas of the digital economy within China, this ground-breaking book explores the surge in e-commerce of consumer goods, the way in which multi-screen and mobile Internet use has increased in popularity, and the cultural emphasis on the mobile Internet as a source of lifestyle- and entertainment-based content. Targeted at the global business community, this lucid and engaging text guides business leaders, investors, investment banking professionals, corporate advisors, and consultants in grasping the challenges and opportunities created by China's emerging mobile economy, and its debut onto the global stage. Year 2014-15 marks the most important inflection point in the history of the internet in China. Almost overnight, the world's largest digitally-connected middle class went both mobile and multi-screen (smart phone, tablets, laptops and more), with huge implications for how consumers behave and what companies need to do to successfully compete. As next-generation mobile devices and services take off, China's strength in this arena will transform it from a global "trend follower" to a "trend setter." Understand what the digital transformation in China is, and impact on global capital markets, foreign investors, consumer companies, and the global economy as a whole Explore the e-commerce consumption boom in the context of the Chinese market Understand the implications of the multi-screen age and mobile Internet for China's consumers See how mobile Internet use, its focus on lifestyle and entertainment is aligned with today's Chinese culture Learn about the mobile entertainment habits of China's millennial generation and the corresponding new advertisement approaches The development of China's mobile economy is one of the most important trends that will reshape the future of business, technology and society both in China and the world. China's Mobile Economy: Opportunities in the Largest and Fastest Information Consumption Boom introduces you to the digital transformation in China, and explains how this transformation has the potential to transform both China and the global consumer landscape.
What is it like to be a Westerner teaching political philosophy in an officially Marxist state? Why do Chinese sex workers sing karaoke with their customers? And why do some Communist Party cadres get promoted if they care for their elderly parents? In this entertaining and illuminating book, one of the few Westerners to teach at a Chinese university draws on his personal experiences to paint an unexpected portrait of a society undergoing faster and more sweeping changes than anywhere else on earth. With a storyteller's eye for detail, Daniel Bell observes the rituals, routines, and tensions of daily life in China. China's New Confucianism makes the case that as the nation retreats from communism, it is embracing a new Confucianism that offers a compelling alternative to Western liberalism. Bell provides an insider's account of Chinese culture and, along the way, debunks a variety of stereotypes. He presents the startling argument that Confucian social hierarchy can actually contribute to economic equality in China. He covers such diverse social topics as sex, sports, and the treatment of domestic workers. He considers the 2008 Olympics in Beijing, wondering whether Chinese overcompetitiveness might be tempered by Confucian civility. And he looks at education in China, showing the ways Confucianism impacts his role as a political theorist and teacher. By examining the challenges that arise as China adapts ancient values to contemporary society, China's New Confucianism enriches the dialogue of possibilities available to this rapidly evolving nation. In a new preface, Bell discusses the challenges of promoting Confucianism in China and the West.
Two Asian security experts relate China's foreign policy to its strategic insecurities and offer a blueprint for future relations.
China's Security State describes the creation, evolution, and development of Chinese security and intelligence agencies as well as their role in influencing Chinese Communist Party politics throughout the party's history. Xuezhi Guo investigates patterns of leadership politics from the vantage point of security and intelligence organization and operation by providing new evidence and offering alternative interpretations of major events throughout Chinese Communist Party history. This analysis promotes a better understanding of the CCP's mechanisms for control over both Party members and the general population. This study specifies some of the broader implications for theory and research that can help clarify the nature of Chinese politics and potential future developments in the country's security and intelligence services.
The first book to examine the unprecedented growth of China's economic investment in the developing world, its impact at the local level, and a rare hands-on picture of the role of ordinary Chinese in the juggernaut that is China, Inc. Beijing-based journalists Juan Pablo Cardenal and Heriberto Araújo crisscrossed the globe from 2009-2011 to investigate how the Chinese are literally making the developing world in their own image. What they discovered is a human story, an economic story, and a political story, one that is changing the course of history and that has never been explored, or reported, in depth and on the ground. The "silent army" to which the authors refer is made up of the many ordinary Chinese citizens working around the world - in the oil industry in Kazakhstan, mining minerals in the Democratic Republic of Congo, building dams in Ecuador, selling hijabs in Cairo - who are contributing to China's global dominance while also leaving their mark in less salutary ways. With original and fresh reporting as well as top-notch writing, China's Silent Army takes full advantage of the Spanish-speaking authors' outsider experience to reveal China's influence abroad in all its most vital implications - for foreign policy, trade, private business, and the environment.
Inside the engine-room of China's economic growth--the China Development BankAnyone wanting a primer on the secret of China's economic success need look no further than China Development Bank (CDB)--which has displaced the World Bank as the world's biggest development bank, lending billions to countries around the globe to further Chinese policy goals. In China's Superbank, Bloomberg authors Michael Forsythe and Henry Sanderson outline how the bank is at the center of China's domestic economic growth and how it is helping to expand China's influence in strategically important overseas markets.100 percent owned by the Chinese government, the CDB holds the key to understanding the inner workings of China's state-led economic development model, and its most glaring flaws. The bank is at the center of the country's efforts to build a world-class network of highways, railroads, and power grids, pioneering a lending scheme to local governments that threatens to spawn trillions of yuan in bad loans. It is doling out credit lines by the billions to Chinese solar and wind power makers, threatening to bury global competitors with a flood of cheap products. Another $45 billion in credit has been given to the country's two biggest telecom equipment makers who are using the money to win contracts around the globe, helping fulfill the goal of China's leaders for its leading companies to "go global."Bringing the story of China Development Bank to life by crisscrossing China to investigate the quality of its loans, China's Superbank travels the globe, from Africa, where its China-Africa fund is displacing Western lenders in a battle for influence, to the oil fields of Venezuela.Offers a fascinating insight into the China Development Bank (CDB), the driver of China's rapid economic developmentTravels the globe to show how the CDB is helping Chinese businesses "go global"Written by two respected reporters at Bloomberg NewsAs China's influence continues to grow around the world, many people are asking how far it will extend. China's Superbank addresses these vital questions, looking at the institution at the heart of this growth.
How are China's ongoing sovereignty disputes in the East and South China Seas likely to evolve? Are relations across the Taiwan Strait poised to enter a new period of relaxation or tension? How are economic interdependence, domestic public opinion, and the deterrence role played by the US likely to affect China's relations with its counterparts in these disputes? Although territorial disputes have been the leading cause for interstate wars in the past, China has settled most of its land borders with its neighbours. Its maritime boundaries, however, have remained contentious. This book examines China's conduct in these maritime disputes in order to analyse Beijing's foreign policy intentions in general. Rather than studying Chinese motives in isolation, Steve Chan uses recent theoretical and empirical insights from international relations research to analyse China's management of its maritime disputes.
An intimate study of China's historical rise and the immense challenges it faces as a competitive world power.
By the end of the first decade of the 21st century, China had become one of the great powers of the modern world. Economically, politically, and militarily, its power and international reach is only exceeded by the United States, the world's one remaining superpower.Its military spending, though dwarfed by the United States, is over $100 billion a year and it is busy developing an aircraft carrier, a stealth fighter jet, and missiles that can shoot down satellites - all in an effort to project its power on a global scale.This is all a far cry from its position at the end of the 19th century, when it was a ramshackle and isolated medieval empire upon whom the European colonial powers could impose their wishes at will. The period from the First Sino-Japanese War of 1894-95 through to the Communist victory in the Chinese Civil War ending in 1949 was one of near-constant conflict that saw China emerge as a fledgling new world power. Militarily at least, this is the defining period in Chinese history.This is the period that saw the breakdown of the traditional imperial system of control, under threat from a series of rebellions throughout the 19th century, and the rise of the warlords and civil war in 1911. Despite the establishment of the Republic of China in 1912, the country was still riven by internal strife as different factions sought to control the fledgling state, while much of the power in the land was exercised by regional warlords in a constant state of conflict with one another. The 1920s saw the rise of two opposing revolutionary movements, the Kuomintang, led first by Sun Yat-Sen and later Chiang Kai-Shek, and the Chinese Communist Party, one of whose early leaders was Mao Tse-Tung. The Kuomintang managed to gain control of the majority of China by the late 1920s, and started a long running conflict with the Communists at the same time. The late 1920s also saw the first significant Japanese intervention in China, and in 1931 the Japanese took control of the whole of Manchuria. By 1937 this had escalated into out and out conflict with the Chinese, a conflict which would last till the Japanese defeat in World War II in 1945. Even then China had to struggle through four years of painful civil war before the Chinese Communist Party finally established control in 1949.In this new study Philip Jowett traces the complicated military history of China during these pivotal years, describing in detail the conflicts that forge the modern superpower that is China today.
A boy and his grandmother wind their way through the streets of Chinatown, enjoying all the sights and smells of the Chinese New Year's Day.
"Here's a dark slice of New York's Chinatown that most of us...have probably never seen. Henry Chang takes us on an unforgettable guided tour of its lower depths. In a field awash with pallid noir thrillers, this one is the real thing. A genuine winner."--Herbert H. Lieberman, author of City of the Dead and Shadow Dancers "A dramatic evocation of the exotic. . . . More rewarding than a trip to Chinatown."--Qin Xiaolong, author of Death of a Red Herione Detective Jack Yu grew up in Chinatown. Some of his friends are criminals now; some are dead. Jack has just been transferred to his old neighborhood, where 99 percent of the cops are white. Unlike the others, confused by the residents who speak another language even when they're speaking English, Jack knows what's going on. He is confronted with a serial rapist who preys on young Chinese girls. Then Uncle Four, an elderly and respected leader of the charitable Hip Ching Society and member of the Hong Kong-based Red Circle Triad, is gunned down. Jack learns that benevolent Uncle Four had a gorgeous young mistress imported from Hong Kong. And she is missing. To solve these crimes, Jack turns to an elderly fortune teller, an old friend of his, in addition to employing modern police methods. This debut mystery power-fully conveys the sights, sounds, and smells of Chinatown, as well as the attitudes of its inhabitants.From the Hardcover edition.
The Chinatown Death Cloud Peril is a thrilling debut novel that casts the rivalry between two of pulp fiction's most revered writers into its own saga, which bursts from the pages with blood, cruelty, fear, mystery, vengeance, courageous heroes, evil villains, dames in distress, secret identities, disguises, global schemes, hideous deaths, beautiful psychics, superweapons, cliff-hanging escapes, and other outrageous pulp lies that are all completely true. Return to 1937, when America is turning to the pulps for relief from the Depression, and meet Walter Gibson, the mind behind The Shadow, and his rival for the top-selling spot on the nation's newsstands, Lester Dent, creator of Doc Savage. The murder of Gibson's friend H. P. Lovecraft -- victim of a mysterious death that literally makes the skin crawl -- is about to bring these two writers face to face with a peril sprung from the pulps. The Chinatown Death Cloud Peril is at once a valentine to an old-fashioned genre as well as a modern, meta-literary examination of the classic hero pulp. From the palaces and battlefields of warlord-plagued China to the seedy waterfronts of Providence, Rhode Island; from frozen seas and cursed islands to the dizzying and labyrinthine alleys and tunnels of lower Manhattan, Dent and Gibson, joined by the young pulp writer L. Ron Hubbard and a host of colorful characters, finally step out from behind the shadows of their creations to take part in a heroic journey far greater than any story they have imagined as they race to stop a madman destined to create a new empire born of, and based in, pure, gaseous evil. The Chinatown Death Cloud Peril is a swashbuckling romantic tale of writers and writing, magic and love, marriage and fatherhood, and ambition and loss that weaves the true lives of its real-life characters into a fictional epic.
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