China Buys The World
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Is China Buying The World
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Author : Peter Nolan
language : en
Publisher: John Wiley & Sons
Release Date : 2013-04-30
Is China Buying The World written by Peter Nolan and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04-30 with Business & Economics categories.
China has become the world's second biggest economy and its largest exporter. It possesses the world's largest foreign exchange reserves and has 29 companies in the FT 500 list of the world's largest companies. ‘China's Rise' preoccupies the global media, which regularly carry articles suggesting that it is using its financial resources to ‘buy the world'. Is there any truth to this idea? Or is this just scaremongering by Western commentators who have little interest in a balanced presentation of China's role in the global political economy? In this short book Peter Nolan - one of the leading international experts on China and the global economy - probes behind the media rhetoric and shows that the idea that China is buying the world is a myth. Since the 1970s the global business revolution has resulted in an unprecedented degree of industrial concentration. Giant firms from high income countries with leading technologies and brands have greatly increased their investments in developing countries, with China at the forefront. Multinational companies account for over two-thirds of China's high technology output and over ninety percent of its high technology exports. Global firms are deep inside the Chinese business system and are pressing China hard to be permitted to increase their presence without restraints. By contrast, Chinese firms have a negligible presence in the high-income countries - in other words, we are ‘inside them' but they are not yet ‘inside us'. China's 70-odd ‘national champion' firms are protected by the government through state ownership and other support measures. They are in industries such as banking, metals, mining, oil, power, construction, transport, and telecommunications, which tend to make use of high technology products rather than produce these products themselves. Their growth has been based on the rapidly growing home market. China has been unsuccessful so far in its efforts to nurture a group of globally competitive firms with leading global technologies and brands. Whether it will be successful in the future is an open question. This balanced analysis replaces rhetoric with evidence and argument. It provides a much-needed perspective on current debates about China's growing power and it will contribute to a constructive dialogue between China and the West.
China Buys The World
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Author : Andrew Collier
language : en
Publisher: Springer
Release Date : 2018-02-07
China Buys The World written by Andrew Collier and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-02-07 with Business & Economics categories.
This book discusses the strategies that will define China’s overseas expansion in the coming years. China is spending billions of dollars acquiring overseas companies and assets, from the Chicago Mercantile Exchange to the Hinkley Point nuclear station. Will this corporate buying binge continue? In this book, Collier argues that state control will occur only among certain strategically key acquisitions while many of the corporate acquisitions will be done by smaller, private firms. However, China’s rising debt load may restrict the ability of many firms to obtain capital, including from China’s shadow banking sector. A key to understanding China’s strategy is to look at how the state intervenes in private business. Collier ably brings clarity to the “gray area” between state and private economic activity in this complex landscape. As the West faces China’s growing investments abroad, this book will be required reading for executives and decision makers, journalists, and policy makers.
The Rise Of China And The Capitalist World Order
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Author : Li Xing
language : en
Publisher: Routledge
Release Date : 2016-03-03
The Rise Of China And The Capitalist World Order written by Li Xing and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-03-03 with Political Science categories.
China's rise within global society and politics has brought it into the spotlight - for social scientists, the country's long and dramatic transformations in the twentieth and twenty-first centuries make it an ideal case study for research on political and economic development and social changes. China's size, integration and dynamism are impacting on the functioning of the capitalist world system. This book offers a non-conventional analysis of the possible outcomes from China's transformation and provides a dialectical understanding of the complexities and underlying dynamics brought about by the rise of modern-day China. The theoretical and methodological approaches will prove useful for students and researchers of development studies and international relations.
The Rise Of China And The Demise Of The Capitalist World Economy
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Author : Minqi Li
language : en
Publisher: Monthly Review Press
Release Date : 2009-03-01
The Rise Of China And The Demise Of The Capitalist World Economy written by Minqi Li and has been published by Monthly Review Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-03-01 with Political Science categories.
In recent years, China has become a major actor in the global economy, making a remarkable switch from a planned and egalitarian socialism to a simultaneously wide-open and tightly controlled market economy. Against the establishment wisdom, Minqi Li argues in this provocative and startling book that far from strengthening capitalism, China’s full integration into the world capitalist system will, in fact and in the not too distant future, bring about its demise. The author tells us that historically the spread and growth of capitalist economies has required low wages, taxation, and environmental costs, as well as a hegemonic nation to prevent international competition from eroding these requirements. With the decline of the economic power of the United States, its current hegemonic role will deteriorate and the unprecedented growth of China will so erode the foundations of capital accumulation—by pushing wages and environmental costs up, for example—that the entire capitalist system will be shaken to its core. This is essential reading for those who still believe that there is no alternative.
Social Economy In China And The World
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Author : Ngai Pun
language : en
Publisher: Routledge
Release Date : 2015-08-20
Social Economy In China And The World written by Ngai Pun and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-08-20 with Social Science categories.
Thirty-years of economic transformation has turned China into one of the major players in the global capitalist economy. However, its economic growth has generated rising problems in inequality, alienation, and sustainability with the agrarian crises of the 1990s giving rise to real social outcry to the extent that they became the object of central government policy reformulations. Contributing to a paradigm-shift in the theory and practices of economic development, this book examines the concept of social economy in China and around the world. It offers to rethink space, economy and community in a trans-border context which moves us beyond both planned and market economies. The chapters address theoretical issues, critical reflections and case studies on the practice of social economy in the context of globalization and its attempt to create an alternative modernity. Through this, the book builds a platform for further cross-disciplinary and cross-boundary dialogue on the future of social economy in China and the world. With examples from Asia, North America, Latin America and Europe this book will not only appeal to students and scholars of Chinese and Asian social policy and development, but also those of social economy from an international perspective.
China S Technology War
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Author : Andrew Collier
language : en
Publisher: Springer Nature
Release Date : 2022-07-08
China S Technology War written by Andrew Collier and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-07-08 with Business & Economics categories.
This book is a short history of the Chinese crackdown on the country’s large technology firms that began in 2020. The book discusses the political and economic context, and outlines the limitations on the power of the state. As the policies of 'common prosperity' continue to develop, this book will be an invaluable reference for economists studying either China, the internet and big tech, or both.
The World According To China
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Author : Elizabeth C. Economy
language : en
Publisher: John Wiley & Sons
Release Date : 2021-10-25
The World According To China written by Elizabeth C. Economy and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-10-25 with Political Science categories.
An economic and military superpower with 20 percent of the world’s population, China has the wherewithal to transform the international system. Xi Jinping’s bold calls for China to “lead in the reform of the global governance system” suggest that he has just such an ambition. But how does he plan to realize it? And what does it mean for the rest of the world? In this compelling book, Elizabeth Economy reveals China’s ambitious new strategy to reclaim the country’s past glory and reshape the geostrategic landscape in dramatic new ways. Xi’s vision is one of Chinese centrality on the global stage, in which the mainland has realized its sovereignty claims over Hong Kong, Taiwan, and the South China Sea, deepened its global political, economic, and security reach through its grand-scale Belt and Road Initiative, and used its leadership in the United Nations and other institutions to align international norms and values, particularly around human rights, with those of China. It is a world radically different from that of today. The international community needs to understand and respond to the great risks, as well as the potential opportunities, of a world rebuilt by China.
Why China Leads The World
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Author : Godfree Roberts
language : en
Publisher: Godfree Roberts
Release Date : 2021-01-04
Why China Leads The World written by Godfree Roberts and has been published by Godfree Roberts this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-01-04 with Political Science categories.
The First Book to Explain China's Success: Talent at the Top, Data in the Middle, Democracy at the Bottom. The Coronavirus epidemic triggered a change of the global balance of power: by the end of 2020 there were more hungry children, more poor, homeless, drug addicted, and imprisoned people in America than in China. Why China Leads the World investigates why the epidemic accelerated the change of global leadership and examines China's bigger, steadier economy, its leadership in science, stronger military, more powerful allies, and wider diplomatic support. Crammed with charts, footnotes, and quotes, it is a profoundly disturbing book, but one that helps you understand the tectonic shift, adapt to this new era, and thrive in it. China's grand strategy is simple: create a home for the world's happiest people, establish the world's best diplomatic relationships, its strongest economy, healthiest environment, most powerful military, newest technologies, and best human rights record. At that point, the world's hearts and minds will follow.
China Reclaims World Power Status
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Author : Paolo Urio
language : en
Publisher: Routledge
Release Date : 2018-04-09
China Reclaims World Power Status written by Paolo Urio and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-04-09 with Political Science categories.
Using both Chinese and Western theoretical approaches, this book analyses the strategies implemented by China for reclaiming power in the international domain. Examining domestic measures taken by China to assure its economic and social development, it also considers the strengths and weaknesses of its major international opponent, the US, and analyses their competing approaches to developing power resources and leadership dominance. It studies the foreign policies of both China and the US, first by going back to the historical origins of their ideological foundations and secondly by analysing their power building from the nineteenth century to the Trump and Xi Jinping presidencies. Finally, this book focuses on the One Belt One Road Initiative as China’s response to putting an end to the ‘world America made’ and debates the question of whether China will emerge as a new capitalist country embedded in the liberal capitalist world system, or as an authoritarian state with a socialist market economy, able to change the rules of the international order. Providing a comparison of the two major world powers and a comprehensive overview of their relationship, this book will be of great interest to students and scholars of Chinese politics and international relations, as well as Chinese Studies more generally.
Rising China In The Changing World Economy
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Author : Liming Wang
language : en
Publisher: Routledge
Release Date : 2012-03-12
Rising China In The Changing World Economy written by Liming Wang and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03-12 with Business & Economics categories.
China's rapid and sustained growth over last thirty years has propelled it to become the world's second largest economy today and potentially the largest in the foreseeable future. As one of the first major economies pulling out of recession and the last remaining major socialist country in the world today, China presents a challenge to established thinking on the essential primacy of global capitalism and the settled nature of the world system - as China becomes more integrated into the world economy and the international system, both are themselves potentially transformed as a result of China’s involvement. This book explores a wide range of issues connected with the impact of China on the global economy and the prevailing international system. Subjects covered include China’s multinationals, international acquisitions, the exchange rate, research and development and technology transfer, China’s emerging major business groupings, and small and medium sized enterprises.