China S Continued Reforms In A New Era Their Impact On Chinese Foreign Direct Investments And Rmb Internationalization
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China S Continued Reforms In A New Era Their Impact On Chinese Foreign Direct Investments And Rmb Internationalization
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Author : Xugang Yu
language : en
Publisher: World Scientific
Release Date : 2020-03-17
China S Continued Reforms In A New Era Their Impact On Chinese Foreign Direct Investments And Rmb Internationalization written by Xugang Yu and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-03-17 with Political Science categories.
This book studies the new economic and financial reforms China is adopting to advance its economy, and the policies behind the Chinese Outbound Direct Investment (ODI). It also aims to illustrate the impact of China's reforms on Chinese Outward Investments, and the Internationalization of the RMB.The book explores the new wave of reforms, especially in the financial sector, together with President Xi Jinping's vision for a shared future for mankind together with his explanation on the 'new Era'. In fact, China is entering a 'New Era' and transforming its economy into a more sophisticated one, upgrading the industrial sector and introducing specific and dedicated reforms in the SOEs (State Owned Enterprises) to render them more efficient and allow them to compete fairly at the international level.The book also focuses on RMB 'internationalization'. It also contains an addendum on trade frictions between China and the US.
China Us Trade Frictions Shaping New Equilibriums With The Eu And The Us Towards A New Multilateralism Or Tripolarism
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Author : Xugang Yu
language : en
Publisher: World Scientific
Release Date : 2021-01-05
China Us Trade Frictions Shaping New Equilibriums With The Eu And The Us Towards A New Multilateralism Or Tripolarism written by Xugang Yu and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-01-05 with Political Science categories.
This book shows the impact of the recent trade tensions between China and the US on the world trade order, and how parties have reached a deal (so called 'phase one', January 2020), which could lead to a more comprehensive agreement, and the consequences of these 'adjustments' in shaping new equilibriums.After 40 years, China has transformed into an economic superpower, which could now rival the US. This has evoked some concerns, and put the US in an uncomfortable position, as the US views the rise of China as a threat to its predominance and interests. However, China's development and its increasing economic power, which is a direct consequence of the ongoing reform process, is unstoppable.The confrontation between China and the US will favor Chinese expansion into the EU not only because the EU offers a more receptive environment for Chinese Foreign Direct Investment, but also because the EU and China have more in common if we consider the Belt And Road Initiative and the new bilateral investment agreement which is under negotiation. The EU, not only represents the final destination of the BRI, but also a more logical and convenient trade partner for China.The shift of Chinese attention toward the EU will also change the equilibrium between China, the EU and the US, bring forth the negotiation of new trade agreements, and move the entire international community towards a new world trade order and a new multilateralism which might evolve into a tripolarism.
World S Transition Toward A Green Economy Achieving The United Nations Sustainable Development Goals And Promoting The Role Of Green Finance
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Author : Xugang Yu
language : en
Publisher: World Scientific
Release Date : 2023-10-04
World S Transition Toward A Green Economy Achieving The United Nations Sustainable Development Goals And Promoting The Role Of Green Finance written by Xugang Yu and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-10-04 with Business & Economics categories.
This book treats different themes which are intrinsically linked and of extreme significance for the entire global community such as the necessity to cut emissions and transit toward a more sustainable and green economy. The content extends to the urgency to shape a new multilateralism and reinforce cooperation to achieve global goods, where the environment comes first, to the green finance which will play a fundamental role for the green transition paying particular attention to the United Nations' 2030 Agenda for Sustainable Development.A particular emphasis is given to the so-called 'Dual Circulation Strategy' (DCS) which is presently becoming the priority not only for China but also for the rest of the global community. Due to the uncertainties caused by the pandemic and other external factors, China has substituted GDP growth with the so-called six guarantees (liù bǎo 六保) which represent the six fundamental aspects of the economy and society that according to the central government must receive priority attention, and protection in economic policy to ensure economic recovery. China also introduced the concept of an 'ecological civilization' (shēngtài wénmíng 生态文明) through green, low-carbon economic development. One of the targets is to achieve carbon neutrality before 2060, though the rest of the global community and in particular the European Union with its Green Deal, and the US with its renewed climate policies, are pushing to reach this objective in 2050.In order to grant all these developments, 'green finance' plays a fundamental role for the success of this green transition. Therefore, a substantial part of this book explores the many aspects surrounding this theme. Due to renewables playing a very important role in the green transition, the final part of this book explores investment opportunities related to the development of these alternative sources of energy.
Impact Of Covid 19 On World Aviation Industry The Challenges And Opportunities
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Author : Paolo Rizzi
language : en
Publisher: World Scientific
Release Date : 2022-03-16
Impact Of Covid 19 On World Aviation Industry The Challenges And Opportunities written by Paolo Rizzi and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-03-16 with Business & Economics categories.
This book aims to illustrate the impact of COVID-19 on the global aviation industry and its many facets and disruptive innovations this crisis is bringing to the industry, triggering a new phase of development for air transportation. As a result, there has been increased attention on the green aviation industry using new sustainable fuels (including hydrogen). The aviation industry is also moving towards operating electric aircraft. The book emphasizes a new concept of air travel and an entirely new type of aircraft called eVTOL, which is to say - electric Vertical take-off and landing aircraft. This new reality is already taking place with the development of prototypes. However, the road to its implementation is full of challenges.The later part of the book focuses on how China has opened doors to the private aviation sector as the country foresees an enormous opportunity to push its internal economy and aviation industry further.
Remade In China
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Author : Scott Wilson
language : en
Publisher: Oxford University Press
Release Date : 2009-09-11
Remade In China written by Scott Wilson 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 2009-09-11 with Business & Economics categories.
Since opening to foreign investment in 1979, China has emerged as the leading investment site for multinational corporations. Remade in China looks beyond the macroeconomic effects of China's investment boom to analyze how foreign investors from the US, Japan, and other nations are shaping China's legal, labor, and business reforms. Wilson draws on interviews with nearly 100 foreign and local managers, attorneys, workers, and members of the business community to explain why Chinese laborers and firms have gravitated toward foreign models, especially US businesses and their institutions. Wilson uses the term "state-guided globalization" to describe how China has used foreign engagement to advance its domestic reform objectives and to enhance its role in international society. Rather than undermining state power, globalization actually has allowed China's state to push through difficult labor and legal reforms. Wilson concludes that Chinese policy makers drew lessons from foreign investors and foreign legal experts on how to introduce difficult labor market reforms in its state-owned enterprises and how to promote rule of law. Remade in China examines globalization and foreign investment in a different light, showing how these developments have helped to chart China's entry into international society. China's WTO accession agreement and international norms have established parameters by which to judge Chinese legal and business reforms. Although China's rise is a grave concern to the world, Remade in China asserts that Chinese leaders now see compliance with international rules as a means to secure more investment and to enhance their international legitimacy. Wilson provides a lucid and insightful analysis of how foreign and domestic actors, from political leaders to average laborers, have contributed to remaking China's institutions.
China S Economic Conditions
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Author :
language : en
Publisher:
Release Date : 2008
China S Economic Conditions written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with categories.
Since the initiation of economic reforms in 1979, China has become one of the world's fastest-growing economies. From 1979 to 2007 China s real gross domestic product (GDP) grew at an average annual rate of 9.8%. Real GDP grew 11.4% in 2007 (the fastest annual growth since 1994). While China is expected to continue to enjoy rapid economic growth in the years ahead and could become the world s largest economy within a decade or so, it faces a number of challenges, including widespread corruption, an inefficient banking system, over-dependence on exports and fixed investment for growth, pollution, widening income disparities, and growing inflationary pressures. The Chinese government has indicated that it intends, over the coming years, to create a harmonious society that would promote more balanced economic growth and address a number of economic and social issues. Trade and foreign investment continues to play a major role in China s booming economy. From 2004 to 2007, the value of total Chinese merchandise trade nearly doubled. In 2007, China s exports (at $1,218 billion) exceeded U.S. exports (1,162 billion) for the first time. China s imports were $956 billion and its trade surplus was $262 billion (a historic high). Well over half of China s trade is conducted by foreign firms operating in China. The combination of large trade surpluses, foreign direct investment flows, and large-scale purchases of foreign currency have helped make China the world s largest holder of foreign exchange reserves at $1.5 trillion at the end 2007.
China
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Author : Ross Garnaut
language : en
Publisher: ANU E Press
Release Date : 2012-12-01
China written by Ross Garnaut and has been published by ANU E Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-01 with Political Science categories.
Twenty-five years of reform have transformed China from a centrally planned and closed system to a predominantly market-driven and open economy. As a consequence, China is emerging as the new powerhouse for the world economy. China: new engine for world growth discusses the impact and significance of this transformation. It points out risks to the growth process and unfinished tasks of reform. It presents conclusions from recent research on growth, trade and investment, the financial sector, income and regional disparities, industrial location and private sector development.
Selling China
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Author : Yasheng Huang
language : en
Publisher:
Release Date : 2002
Selling China written by Yasheng Huang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with categories.
China S Domestic Transformation In A Global Context
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Author : Ligang Song
language : en
Publisher: ANU Press
Release Date : 2015-07-08
China S Domestic Transformation In A Global Context written by Ligang Song and has been published by ANU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-07-08 with Business & Economics categories.
The phrase ‘New Normal’ captures the ongoing shift in the pattern and drivers of China’s economic growth. China’s new growth rate is both slower and imposing difficult structural change. These new economic conditions are challenging yet offer opportunities for China and its economic partners. Reforms must be deepened but also make growth more inclusive and environmentally sustainable, over this decade and beyond. This year’s Update offers both global context and domestic insight into this challenging new phase of China’s domestic economic transformation. How are policymakers elevating migrant workers concurrent with increasing consumption? Is China’s government spending enough on education and R&D to ensure it can achieve its aspirations to ascend the global manufacturing value chain and avoid the middle-income trap? Are energy market reforms reducing or increasing the price of gas and electricity in China? What are the consequences of China’s financial reforms and expanding Renminbi trading for foreign banks? What does China’s new growth model mean for the international resources economy and for Africa? Do SOEs face market conditions and are they dominating China’s fast-rising outbound investment? What is China’s strategy for navigating fragmented international trade policy negotiations?
China S Political Economy In The Xi Jinping Epoch Domestic And Global Dimensions
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Author : Lowell Dittmer
language : en
Publisher: World Scientific
Release Date : 2021-03-17
China S Political Economy In The Xi Jinping Epoch Domestic And Global Dimensions written by Lowell Dittmer and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-17 with Political Science categories.
This book takes a fresh look at Chinese political economy at a key inflection point. Facing a more competitive international environment, Chinese reform has shifted from its earlier focus on economic liberalization and political decentralization to a more tightly organized, centralized form of state socialism. The Party-state's vigorous fiscal reaction to the Global Financial Crisis (2008-2009) left the country with a much improved infrastructure and greater sense of national self-assurance. The more monocratic central leadership has redoubled efforts to fight poverty and pollution, push technological innovation, and at the same time rigorously enforce ideological consensus, political loyalty and anticorruption.This has been occurring in an international context of slowing trade and nationalist pushback against 'globalization', prominently including bilateral Chinese-American polarization. While China has been among the staunchest advocates and beneficiaries of globalization, incipient trade war 'decoupling' has spurred movement toward economic and technological self-reliance. Turning inward however vies with a rival impulse toward more vigorous engagement in the world. This is most consequentially represented by the Belt and Road Initiative, driving massive infrastructure construction through Central Asia and the South and Southeast Asian maritime periphery. Despite slowing growth and a large debt overhang, swift recovery from the Covid-19 epidemic leaves China in a relatively strong economic position.