Emerging Capital Markets And Transition In Contemporary China

Emerging Capital Markets And Transition In Contemporary China
Author: Ken Morita
Publisher: World Scientific
Total Pages: 352
Release: 2017-03-17
Genre: Political Science
ISBN: 9813148128

This book provides the analysis on capital markets in China, focusing attention upon (1) the bubble phenomena (whether or not a Chinese bubble really exists and might burst), (2) foreign direct investment and (3) integration, through all of which we could recognize the current situation and the future prospects of Chinese marketization. As regards to the bubble phenomena, particularly 'early warning indicator' of the bubble, this book attempts to utilize the Grubbs-Smirnov Test to discover the 'abnormal value' in several asset markets. Investigations of this book suggest that the distinctive features of the Chinese market have been significantly different from the markets of capitalist countries such as the United States and Japan. As far as Japan's foreign direct investments in China are concerned, this book tries to reveal the Chinese characteristics on FDI phenomena with FDI-trade ratio. The analysis of this book suggests that Chinese FDI from Japan has undoubtedly revealed the distortions caused by non-economic factors, which also mean that the distinctive features of the Chinese market have been different from the markets of the United States and Japan etc. Regarding integration, this book provides the analysis on the 'G2' system between the United States and China (cooperation or conflict between them). The considerations of this book conclude that it might be difficult to have good cooperation between them because of significant differences between the Chinese system and the US system.

State and Market in Contemporary China

State and Market in Contemporary China
Author: Scott Kennedy
Publisher: Rowman & Littlefield
Total Pages: 69
Release: 2016-03-22
Genre: Political Science
ISBN: 1442259442

The short essays in this volume, contributed by leading experts on Chinese economic policy, provide crisp and insightful analyses of the Chinese state's approach toward markets, the role of key actors and institutions, the evolving nature of industrial policy and the effectiveness of China’s international commitments to constrain such practices, and a preview of the likely contents and significance of China’s 13th Five-Year Plan.

China's New Order

China's New Order
Author: Hui Wang
Publisher: Harvard University Press
Total Pages: 268
Release: 2003
Genre: History
ISBN: 9780674009325

Analysing the transformations that China has undertaken since 1989, Wang Hui argues that it features elements of the new global order as a whole in which considerations of economic growth and development have trumped every other concern, particularly democracy and social justice.

Green Innovation in China

Green Innovation in China
Author: Joanna I Lewis
Publisher: Columbia University Press
Total Pages: 305
Release: 2012-11-27
Genre: Political Science
ISBN: 0231526873

As the greatest coal-producing and consuming nation in the world, China would seem an unlikely haven for wind power. Yet the country now boasts a world-class industry that promises to make low-carbon technology more affordable and available to all. Conducting an empirical study of China's remarkable transition and the possibility of replicating their model elsewhere, Joanna I. Lewis adds greater depth to a theoretical understanding of China's technological innovation systems and its current and future role in a globalized economy. Lewis focuses on China's specific methods of international technology transfer, its forms of international cooperation and competition, and its implementation of effective policies promoting the development of a home-grown industry. Just a decade ago, China maintained only a handful of operating wind turbines—all imported from Europe and the United States. Today, the country is the largest wind power market in the world, with turbines made almost exclusively in its own factories. Following this shift reveals how China's political leaders have responded to domestic energy challenges and how they may confront encroaching climate change. The nation's escalation of its wind power use also demonstrates China's ability to leapfrog to cleaner energy technologies—an option equally viable for other developing countries hoping to bypass gradual industrialization and the "technological lock-in" of hydrocarbon-intensive energy infrastructure. Though setbacks are possible, China could one day come to dominate global wind turbine sales, becoming a hub of technological innovation and a major instigator of low-carbon economic change.

China's Emerging Middle Class

China's Emerging Middle Class
Author: Cheng Li
Publisher: Brookings Institution Press
Total Pages: 417
Release: 2010
Genre: Business & Economics
ISBN: 0815704054

Decades ago, there was no distinct middle class in the People's Republic of China. Any meaningful discussion of China's economy, politics, or society must take into account the rapid emergence and explosive growth of the Chinese middle class. This book details the origins and characteristics of this dramatic change.

Regime Legitimacy in Contemporary China

Regime Legitimacy in Contemporary China
Author: Thomas Heberer
Publisher: Routledge
Total Pages: 401
Release: 2008-08-01
Genre: Political Science
ISBN: 1134036299

Using in-depth case studies of a wide-range of political, social and economic reforms in contemporary China this volume sheds light on the significance and consequences of institutional change for stability of the political system in China. The contributors examine how reforms shape and change Communist rule and Chinese society, and to what extent they may engender new legitimacy for the CCP regime and argue that authoritarian regimes like the PRC can successfully generate stability in the same way as democracies. Topics addressed include: ideological reform, rural tax- for-fees reforms, elections in villages and urban neighbourhood communities, property rights in rural industries, endogenous political constraints of transition, internalising capital markets, the media market in transition, the current social security system, the labour market environmental policy reforms to anti-poverty policies and NGOs. Exploring the possibility of legitimate one-party rule in China, this book is a stimulating and informative read for students and scholars interested in political science and Chinese politics

The Chinese Economy

The Chinese Economy
Author: Barry Naughton
Publisher: MIT Press
Total Pages: 545
Release: 2007
Genre: Business & Economics
ISBN: 0262640643

The most comprehensive English-language overview of the modern Chinese economy, covering China's economic development since 1949 and post-1978 reforms--from industrial change and agricultural organization to science and technology.

China's Emerging Financial Markets

China's Emerging Financial Markets
Author: James R. Barth
Publisher: Springer Science & Business Media
Total Pages: 661
Release: 2009-12-02
Genre: Business & Economics
ISBN: 0387937692

China’s emerging financial markets reflect the usual contrast between the country’s measured approach toward policy, regulatory, and market reform, and the dynamic pace of rapid economic growth and development. But they also offer unusual challenges and opportunities. In the past five years, the pace of opening and reform has accelerated sharply. Recapitalization and partial privatization of the largest banks, and the allowance of some joint venture and branch operations for foreign financial institutions, are making rapid headway in developing and expanding financial services and improving access to domestic business and households. This book provides the most extensive look available at the evolving Chinese financial system. It begins with alternative perspectives on the evolution of the financial system and the broad outlines of its prospects and potential contribution to economic growth. Three articles review broad aspects of the financial system. Franklin Allen, Jun ‘‘QJ’’ Qian, Meijun Qian, and Mengxin Zhao lead off with overviews of the banking system and performance of the equity market and other institutions.

Zhao Ziyang and China's Political Future

Zhao Ziyang and China's Political Future
Author: Guoguang Wu
Publisher: Routledge
Total Pages: 209
Release: 2013-05-13
Genre: Political Science
ISBN: 1134038828

What legacies have previous reformers like Zhao Ziyang left to today’s China? Does China have feasible political alternatives to today’s repressive ‘market Leninism’ and corrupt ‘state capitalism’? Does Zhao’s legacy indicate an alternative to the past and for the future? For those who are familiar with the development of Chinese politics since the reform years, Zhao is now widely regarded as a major architect of the nation’s profound transition. His contributions to China’s post-Mao development are rich and multi faceted, including those on rural and urban economic reforms extending to accountable governance, liberal policies concerning domestic affairs and China’s foreign relations. Featuring contributions from leading experts in the field such as Richard Baum and Xiaonong Cheng this book explores the historical development of China’s political reform issues, and how his political legacies are relevant to China’s political development since the 1980s to the future. Using recently translated recollection articles by veteran reformers who worked with Zhao in the 1980s, like Du Runsheng, An Zhiwen, Li Rui, Bao Tong, Zhao Ziyang and China's Political Future is a valuable contribution for students and researchers interested in the Chinese politics, Asian politics and political development in Asia.

Legal Protection of Private Equity Investors in China

Legal Protection of Private Equity Investors in China
Author: Chi Zhang
Publisher: Routledge
Total Pages: 138
Release: 2019-03-19
Genre: Law
ISBN: 042960324X

This monograph aims to provide an in-depth analysis of the legal protection of the private equity (PE) investors in China. In an academic sense, this research mainly focuses on the agency problems in the life cycle of PE investment under the business organization law system in China. Briefly speaking, the agency problems of PE investment derive from the two-level separation of ownership and control, one of which is the principal–agent relationship between the PE investors and the fund manager, and the other is the principal–agent relationship between the PE shareholders and the management of investee companies. It is the first research to provide an in-depth examination on the investor protection in the PE investment under the business organization law system in China.