China’s Achilles’ Heel

China’s Achilles’ Heel
Author: Srikanth Thaliyakkattil
Publisher: Springer
Total Pages: 257
Release: 2019-06-24
Genre: Business & Economics
ISBN: 9811384258

This book analyses Chinese discourse on Indian attitudes towards the Belt & Road Initiative (BRI), and argues that the Indian discourse is becoming one of the biggest hurdles to China creating its own narrative about China’s rise in Asia and beyond. In doing so, it spans across the themes of the power struggle between China and US, China and India, the Chinese perception of India, China-South Asia relations, the China-US- India strategic triangle and the success and failures of BRI. The first part of the book focuses on the Chinese thinking behind the launch of the BRI and addresses questions related to the purpose of this initiative and ways in which it will facilitate China’s rise as a superpower. Subsequently the book addresses how effective or ineffective India’s challenge is and how it is negatively affecting China’s BRI.

Invisible China

Invisible China
Author: Scott Rozelle
Publisher: University of Chicago Press
Total Pages: 242
Release: 2020-09-29
Genre: Business & Economics
ISBN: 022674051X

A study of how China’s changing economy may leave its rural communities in the dust and launch a political and economic disaster. As the glittering skyline in Shanghai seemingly attests, China has quickly transformed itself from a place of stark poverty into a modern, urban, technologically savvy economic powerhouse. But as Scott Rozelle and Natalie Hell show in Invisible China, the truth is much more complicated and might be a serious cause for concern. China’s growth has relied heavily on unskilled labor. Most of the workers who have fueled the country’s rise come from rural villages and have never been to high school. While this national growth strategy has been effective for three decades, the unskilled wage rate is finally rising, inducing companies inside China to automate at an unprecedented rate and triggering an exodus of companies seeking cheaper labor in other countries. Ten years ago, almost every product for sale in an American Walmart was made in China. Today, that is no longer the case. With the changing demand for labor, China seems to have no good back-up plan. For all of its investment in physical infrastructure, for decades China failed to invest enough in its people. Recent progress may come too late. Drawing on extensive surveys on the ground in China, Rozelle and Hell reveal that while China may be the second-largest economy in the world, its labor force has one of the lowest levels of education of any comparable country. Over half of China’s population—as well as a vast majority of its children—are from rural areas. Their low levels of basic education may leave many unable to find work in the formal workplace as China’s economy changes and manufacturing jobs move elsewhere. In Invisible China, Rozelle and Hell speak not only to an urgent humanitarian concern but also a potential economic crisis that could upend economies and foreign relations around the globe. If too many are left structurally unemployable, the implications both inside and outside of China could be serious. Understanding the situation in China today is essential if we are to avoid a potential crisis of international proportions. This book is an urgent and timely call to action that should be read by economists, policymakers, the business community, and general readers alike. Praise for Invisible China “Stunningly researched.” —TheEconomist, Best Books of the Year (UK) “Invisible China sounds a wake-up call.” —The Strategist “Not to be missed.” —Times Literary Supplement (UK) “[Invisible China] provides an extensive coverage of problems for China in the sphere of human capital development . . . the book is rich in content and is not constrained only to China, but provides important parallels with past and present developments in other countries.” —Journal of Chinese Political Science

The Demographic Cliff

The Demographic Cliff
Author: Harry S. Dent
Publisher: Penguin
Total Pages: 369
Release: 2014
Genre: Baby boom generation
ISBN: 1591847273

Economic forecaster, Harry Dent, has relied on demographics. The ultimate tool for predicting both big and small trends, decades in advance. Now he explains what's going to happen to our economy with the accelerating retirements of the Baby Boomers. Inflation rises when a larger than usual block of younger people enter the workforce, and it wanes when large numbers of older people retire, downsize their homes, and cut their spending. The mass retirement of the Boomers won't just hold back inflation, it will actually cause deflation; with a downturn and periodic crises from 2014 until about 2023. Dent explores the implications of the predictions for retirement planning, healthcare, real estate, education, investing, and business strategies.

China's Xinjiang Uygur Autonomous Region: Cornucopia Or Achilles Heel

China's Xinjiang Uygur Autonomous Region: Cornucopia Or Achilles Heel
Author:
Publisher:
Total Pages: 0
Release: 1981
Genre:
ISBN:

Although China's Xinjiang Uygur Autonomous Region (XUAR) is often overlooked or neglected, it is of significant importance in that the region could prove to be a major factor in the success or failure of China's current modernization effort. Containing one-sixth of China's landmass, Xinjiang is a cornucopia of vital resources such as petroleum, uranium and tungsten. On the other hand, there are elements present which invite both domestic unrest and foreign intervention thus making Xinjiang an Anchilles heel. Foremost, are the fourteen different nationalities which account for more than half of the region's population. Another troublesome element is the XUAR's geographic location which is conterminous with the Soviet Union as well as remote from Beijing. This thesis will examine the extent of Xinjiang's assets in natural resources and, contrarily, its vulnerabilities in both geography and strategic location. The major hypothesis involved is that if the XUAR's assets can be maximized and its vulnerabilities minimized then the region will contribute greatly to China's modernization effort. (Author).

The Sociology of Chinese Capitalism in Southeast Asia

The Sociology of Chinese Capitalism in Southeast Asia
Author: Yos Santasombat
Publisher: Springer
Total Pages: 345
Release: 2018-07-10
Genre: Social Science
ISBN: 9811300658

Set within the context of ASEAN integration, this book considers how Capitalism from China interacts with the ASEAN Economic Community, considering the issue from a variety of sociological, cultural and economic perspectives. It examines some of the creative strategies – de-sinicization, re-sinicization and re-balancing – employed by local Chinese communities and ASEAN countries to cope with the pressures of Chinese capitalism. The book addresses the phenomenon of Chinese ethnic economic migration, particularly the social capital of being Chinese in South East Asia, as well as community building, the interplay between domestic politics and globalization, and the rise of Chinese tourism related entrepreneurship.

The Demographic Cliff

The Demographic Cliff
Author: Harry S. Dent Jr.
Publisher: Penguin
Total Pages: 369
Release: 2015-08-25
Genre: Business & Economics
ISBN: 1591847885

Bestselling author and financial guru Harry Dent shows why we’re facing a “great deflation” and what to do about it now Throughout his long career as an economic forecaster, Harry Dent has relied on a not-sosecret weapon: demographics. He can explain why our economy has risen and fallen with the peak spending of generations, and why we now face a growing demographic cliff with the accelerating retirement of the Baby Boomers around the world. Inflation rises when a larger than usual block of younger people enter the workforce, and it wanes when large numbers of older people retire, downsize their homes, and cut their spending. The mass retirement of the Boomers won’t just hold back inflation; it and massive debt deleveraging will actually cause deflation. Dent explores the implications of his controversial predictions and offers advice on retirement planning, health care, real estate, education, investing, and business strategies.