A Financial History Of China 1949 2019
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A Financial History Of China 1949 2019
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Author : Yunxian Wu
language : en
Publisher: Springer Nature
Release Date : 2023-11-11
A Financial History Of China 1949 2019 written by Yunxian Wu and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-11-11 with Business & Economics categories.
This book summarizes the financial development of China from 1949 to 2019. This book divides the process of financial development during the past 70 years into five stages, focusing on the development characteristics of different parts of the financial institution system, including banks, securities, insurance, and other financial institutions, as well as the difficult growth process of financial markets (currency, capital, bond, and foreign exchange markets, etc.) from absence to existence, from small to large. This book objectively analyzes the achievements of China’s financial industry in the past 70 years and reveals the historical experience and enlightenment contained therein.
China 1949 2019
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Author : Paolo Urio
language : en
Publisher: Springer
Release Date : 2019-06-27
China 1949 2019 written by Paolo Urio and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-06-27 with Political Science categories.
The objective of this book is to take stock of the research Paolo Urio has conducted since 1997 on the rise of modern China, with emphasis on strategic public management. The starting point of the book is China’s will to recover world power status. This objective is of paramount importance for understanding the policies implemented since 1949, their rationale, content, and consequences upon Chinese society and economy, as well as their sequence in time, i.e. the underlying grand strategy. Starting from these premises, the book proposes an analysis of the contradictions that have developed within China since 1949, the positive and the negative consequences of the public policies implemented to overcome these imbalances, i.e.: the Communist Party’s loss of reputation at the end of Mao era; the introduction of market mechanisms by Deng and the resulting imbalances within Chinese economy, society and environment; the rebalances policies of the Hu Jintao era; and finally the assertive power policies of Xi Jinping, both nationally, e.g. the fight against corruption, and internationally, i.e. China’s new role in the world, especially as a competitor of the Unites States.
China S Economic Rise
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Author : Congressional Research Service
language : en
Publisher: Createspace Independent Publishing Platform
Release Date : 2017-09-17
China S Economic Rise written by Congressional Research Service and has been published by Createspace Independent Publishing Platform this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-17 with categories.
Prior to the initiation of economic reforms and trade liberalization 36 years ago, China maintained policies that kept the economy very poor, stagnant, centrally-controlled, vastly inefficient, and relatively isolated from the global economy. Since opening up to foreign trade and investment and implementing free market reforms in 1979, China has been among the world's fastest-growing economies, with real annual gross domestic product (GDP) growth averaging nearly 10% through 2016. In recent years, China has emerged as a major global economic power. It is now the world's largest economy (on a purchasing power parity basis), manufacturer, merchandise trader, and holder of foreign exchange reserves.The global economic crisis that began in 2008 greatly affected China's economy. China's exports, imports, and foreign direct investment (FDI) inflows declined, GDP growth slowed, and millions of Chinese workers reportedly lost their jobs. The Chinese government responded by implementing a $586 billion economic stimulus package and loosening monetary policies to increase bank lending. Such policies enabled China to effectively weather the effects of the sharp global fall in demand for Chinese products, but may have contributed to overcapacity in several industries and increased debt by Chinese firms and local government. China's economy has slowed in recent years. Real GDP growth has slowed in each of the past six years, dropping from 10.6% in 2010 to 6.7% in 2016, and is projected to slow to 5.7% by 2022.The Chinese government has attempted to steer the economy to a "new normal" of slower, but more stable and sustainable, economic growth. Yet, concerns have deepened in recent years over the health of the Chinese economy. On August 11, 2015, the Chinese government announced that the daily reference rate of the renminbi (RMB) would become more "market-oriented." Over the next three days, the RMB depreciated against the dollar and led to charges that China's goal was to boost exports to help stimulate the economy (which some suspect is in worse shape than indicated by official Chinese economic statistics). Concerns over the state of the Chinese economy appear to have often contributed to volatility in global stock indexes in recent years.The ability of China to maintain a rapidly growing economy in the long run will likely depend largely on the ability of the Chinese government to implement comprehensive economic reforms that more quickly hasten China's transition to a free market economy; rebalance the Chinese economy by making consumer demand, rather than exporting and fixed investment, the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection. The Chinese government has acknowledged that its current economic growth model needs to be altered and has announced several initiatives to address various economic challenges. In November 2013, the Communist Party of China held the Third Plenum of its 18th Party Congress, which outlined a number of broad policy reforms to boost competition and economic efficiency. For example, the communique stated that the market would now play a "decisive" role in allocating resources in the economy. At the same time, however, the communique emphasized the continued important role of the state sector in China's economy. In addition, many foreign firms have complained that the business climate in China has worsened in recent years. Thus, it remains unclear how committed the Chinese government is to implementing new comprehensive economic reforms.China's economic rise has significant implications for the United States and hence is of major interest to Congress. This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise.
Maoism
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Author : Julia Lovell
language : en
Publisher: Vintage
Release Date : 2019-09-03
Maoism written by Julia Lovell and has been published by Vintage this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-09-03 with History categories.
*** WINNER OF THE 2019 CUNDILL HISTORY PRIZE SHORTLISTED FOR THE BAILLIE GIFFORD PRIZE FOR NON-FICTION 2019 SHORTLISTED FOR THE NAYEF AL-RODHAN PRIZE FOR GLOBAL UNDERSTANDING SHORTLISTED FOR DEUTSCHER PRIZE LONGLISTED FOR THE 2020 ORWELL PRIZE FOR POLITICAL WRITING*** 'Revelatory and instructive… [a] beautifully written and accessible book’ The Times For decades, the West has dismissed Maoism as an outdated historical and political phenomenon. Since the 1980s, China seems to have abandoned the utopian turmoil of Mao’s revolution in favour of authoritarian capitalism. But Mao and his ideas remain central to the People’s Republic and the legitimacy of its Communist government. With disagreements and conflicts between China and the West on the rise, the need to understand the political legacy of Mao is urgent and growing. The power and appeal of Maoism have extended far beyond China. Maoism was a crucial motor of the Cold War: it shaped the course of the Vietnam War (and the international youth rebellions that conflict triggered) and brought to power the murderous Khmer Rouge in Cambodia; it aided, and sometimes handed victory to, anti-colonial resistance movements in Africa; it inspired terrorism in Germany and Italy, and wars and insurgencies in Peru, India and Nepal, some of which are still with us today – more than forty years after the death of Mao. In this new history, Julia Lovell re-evaluates Maoism as both a Chinese and an international force, linking its evolution in China with its global legacy. It is a story that takes us from the tea plantations of north India to the sierras of the Andes, from Paris’s fifth arrondissement to the fields of Tanzania, from the rice paddies of Cambodia to the terraces of Brixton. Starting with the birth of Mao’s revolution in northwest China in the 1930s and concluding with its violent afterlives in South Asia and resurgence in the People’s Republic today, this is a landmark history of global Maoism.
Kenya S And Zambia S Relations With China 1949 2019
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Author : Jodie Yuzhou Sun
language : en
Publisher: Boydell & Brewer
Release Date : 2023-01-17
Kenya S And Zambia S Relations With China 1949 2019 written by Jodie Yuzhou Sun and has been published by Boydell & Brewer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-01-17 with categories.
Examines the history of post-colonial Kenya's and Zambia's relations with the People's Republic of China from ideological, political, economic and social perspectives. Africa has become a major platform from which to analyse and understand China's growing influence in the global South. Yet, the impact of their historical relationship has been largely overlooked. Through the triangulation of the global Cold War, African history, and Chinese history, this study provides a detailed analysis of China-Africa relations in the second half of the 20th century. Examining the encounters, conflicts, and dynamics of China-Kenya/Zambia relations from the 1950s until the present, as well as the basis on which historical narratives have been constructed, the book presents two contrasting state perspectives underlining the concept of 'African agency'. Driven by a class-based analysis of world revolution, Communist China's foreign policy did not distinguish significantly between Kenya and Zambia. Both countries sought ideological and material support from China in the years after their independence. The Kenya African National Union under both Jomo Kenyatta and Daniel Moi pursued a consistently pragmatic foreign agenda, and despite political tensions and ideological rifts with China since the mid-1960s, Sino-Kenyan trade has continued to grow steadily. In contrast, China-Zambia relations under Kenneth Kaunda were cordial despite their political differences. Zambian leaders maintained a relatively high consensus that any alleged Chinese Communist threat would not be allowed to fuel power struggles within their United National Independence Party. Challenging both the widely accepted role of China-Africa's historical lineage, as well as the tendency to assume uniformity in China's relationships across the continent, the author explains the development of these relationships and sheds light on the historical underpinnings - or lack thereof - on contemporary China-Africa relations.
The Long Game
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Author : Rush Doshi
language : en
Publisher: Oxford University Press
Release Date : 2021-06-11
The Long Game written by Rush Doshi and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-06-11 with Political Science categories.
For more than a century, no US adversary or coalition of adversaries - not Nazi Germany, Imperial Japan, or the Soviet Union - has ever reached sixty percent of US GDP. China is the sole exception, and it is fast emerging into a global superpower that could rival, if not eclipse, the United States. What does China want, does it have a grand strategy to achieve it, and what should the United States do about it? In The Long Game, Rush Doshi draws from a rich base of Chinese primary sources, including decades worth of party documents, leaked materials, memoirs by party leaders, and a careful analysis of China's conduct to provide a history of China's grand strategy since the end of the Cold War. Taking readers behind the Party's closed doors, he uncovers Beijing's long, methodical game to displace America from its hegemonic position in both the East Asia regional and global orders through three sequential "strategies of displacement." Beginning in the 1980s, China focused for two decades on "hiding capabilities and biding time." After the 2008 Global Financial Crisis, it became more assertive regionally, following a policy of "actively accomplishing something." Finally, in the aftermath populist elections of 2016, China shifted to an even more aggressive strategy for undermining US hegemony, adopting the phrase "great changes unseen in century." After charting how China's long game has evolved, Doshi offers a comprehensive yet asymmetric plan for an effective US response. Ironically, his proposed approach takes a page from Beijing's own strategic playbook to undermine China's ambitions and strengthen American order without competing dollar-for-dollar, ship-for-ship, or loan-for-loan.
China 2049
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Author : David Dollar
language : en
Publisher: Brookings Institution Press
Release Date : 2020-06-09
China 2049 written by David Dollar and has been published by Brookings Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-06-09 with Political Science categories.
How will China reform its economy as it aspires to become the next economic superpower? It's clear that China is the world's next economic superpower. But what isn't so clear is how China will get there by the middle of this century. It now faces tremendous challenges such as fostering innovation, dealing with ageing problem and coping with a less accommodative global environment. In this book, economists from China's leading university and America's best-known think tank offer in depth analyses of these challenges. Does China have enough talent and right policy and institutional mix to transit from input-driven to innovation-driven economy? What does ageing mean, in terms of labor supply, consumption demand and social welfare expenditure? Can China contain the environmental and climate change risks? How should the financial system be transformed in order to continuously support economic growth and keep financial risks under control? What fiscal reforms are required in order to balance between economic efficiency and social harmony? What roles should the state-owned enterprises play in the future Chinese economy? In addition, how will technological competition between the United States and China affect each country's development? Will the Chinese yuan emerge as a major reserve currency, and would this destabilize the international financial system? What will be China's role in the international economic institutions? And will the United States and other established powers accept a growing role for China and the rest of the developing world in the governance of global institutions such as the World Trade Organization and the International Monetary Fund, or will the world devolve into competing blocs? This book provides unique insights into independent analyses and policy recommendations by a group of top Chinese and American scholars. Whether China succeeds or fails in economic reform will have a large impact, not just on China's development, but also on stability and prosperity for the whole world.
A Social History Of Maoist China
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Author : Felix Wemheuer
language : en
Publisher: Cambridge University Press
Release Date : 2019-03-28
A Social History Of Maoist China written by Felix Wemheuer and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-03-28 with History categories.
This new social history of Maoist China provides an accessible view of the complex and tumultuous period when China came under Communist rule.
The Price And Promise Of Specialness
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Author : Jin Li Lim
language : en
Publisher: BRILL
Release Date : 2019-06-04
The Price And Promise Of Specialness written by Jin Li Lim and has been published by BRILL this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-06-04 with History categories.
In The Price and Promise of Specialness, Jin Li Lim revises narratives on the overseas Chinese and the People’s Republic of China by analysing ‘overseas Chinese affairs’ in New China’s first decade as a function of a larger political economy.
Ten Crises
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Author : Tiejun Wen
language : en
Publisher: Springer Nature
Release Date : 2021
Ten Crises written by Tiejun Wen and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with China categories.
This open access handbook, Ten Crises systematically traces the economic history of China from 1949 to 2020, unravelling the complex domestic and global factors leading to the cyclical crises identified by WEN and his research team, and examining the corresponding counteracting policies and measures by the government to resolve or defer the crises. The book offers profound insights into China's endeavours and predicaments on the path of modernization, and contemplates opportunities and lessons for the forging of alternative trajectories not only for China but also for the global south: to reconstruct rural communities for integrated cooperation and governance, and to revitalize ecological civilization.