Impact Of China S Trade And Foreign Investment Reforms On The World Economy
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Impact Of China S Trade And Foreign Investment Reforms On The World Economy
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Author : Winnie Lam
language : en
Publisher: Industrie Canada
Release Date : 1997
Impact Of China S Trade And Foreign Investment Reforms On The World Economy written by Winnie Lam and has been published by Industrie Canada this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Canada categories.
This study primarily asks the following hypothetical question: What is the impact if China totally relaxes its trade and foreign investment policy constraints? How would this affect China, Asia and other trading nations, including Canada? To answer these questions, this study adopts the computational general equilibrium (CGE) approach. Furthermore, some background is provided to understand the current evolving state of the Chinese external sector and its implications for Canada, Asia and other economies. China's outstanding trade barriers and price distortions that might have impeded the expansion of some of Canada's exports to China are also highlighted.
The Fundamental Dynamic Effect On Reform And Opening In China
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Author : SHAO Binhong
language : en
Publisher: BRILL
Release Date : 2019-10-29
The Fundamental Dynamic Effect On Reform And Opening In China written by SHAO Binhong and has been published by BRILL this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-10-29 with Political Science categories.
This volume is divided into: World and China Economy, Chinese Diplomacy, International Strategies. In an era when world order is undergoing reformations, it provides scholars in the English-speaking world with a window to understand the perspectives of the Chinese academia.
China
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Author : Ms.Wanda Tseng
language : en
Publisher: International Monetary Fund
Release Date : 2003-02-24
China written by Ms.Wanda Tseng and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-02-24 with Business & Economics categories.
China's economic reforms over the past two decades have brought tremendous economic transformation, rapid growth, and closer integration into the global economy. Real income per capita has increased fivefold, raising millions of Chinese out of poverty. Despite these achievements, difficult reforms--involving the state-owned enterprises and the financial sector--must still be completed, and social pressures from rising unemployment and income inequalities need to be addressed. China's accession to the World Trade Organization will bring benefits but will also impose obligations on the economy, and could prove to be a watershed for the reform process. This book looks at the country's reform process, its past successes and future challenges.
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 S Economic Transformation
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Author : Jeffrey J. Schott
language : en
Publisher: Peterson Institute for International Economics
Release Date : 2015-09-10
China S Economic Transformation written by Jeffrey J. Schott and has been published by Peterson Institute for International Economics this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-09-10 with Business & Economics categories.
China's efforts to transition from an economy driven by investment and exports to one based on private consumption and services are roiling global markets. Its problems are compounded by an economic slowdown, rising debt levels, languishing real estate market, and lagging productivity growth. In these essays, scholars from the Peterson Institute for International Economics (PIIE) recommend a number of reforms for Chinese leaders to consider, including steps to further open up its capital account and develop its financial markets. This collection of papers is part of a series of interactions and discussions between PIIE and the China Finance 40 (CF40) Forum, which began in 2012. The papers are intended to illuminate the challenges facing China as it engages increasingly with the global economy and builds on its phenomenal economic success of the past three decades.
China And The Challenge Of Economic Globalization
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Author : Hung-Gay Fung
language : en
Publisher: Routledge
Release Date : 2017-07-28
China And The Challenge Of Economic Globalization written by Hung-Gay Fung and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-28 with Social Science categories.
China emerged as the largest recipient of foreign direct investment (FDI) and the fifth largest trading nation in the world in 2002. China’s entry into the World Trade Organization (WTO) represents a huge stride forward in its reform efforts. These reforms include liberalization and modernization of China’s economy (in industrial, services, and agricultural sectors) and trading activities. China’s growing economy, its international trade, and its large inward FDI have significantly affected the growth of global trade, the distribution of global direct investments, and the pace of expansion of global output. There is no other country in history, as a WTO member, to have achieved such expansion in a comparable time period. China is expected to be influential in future rounds of WTO trade negotiations. As the only major trading nation that is not classified as an advanced industrial economy, China is bringing an unparalleled perspective to the negotiations and exerting its power on matters important to its trade. China, as a new WTO member, is posing momentous opportunities and challenges to the United States and other countries. A study of the Chinese economy after entering the WTO should be of importance to practitioners, scholars, and policymakers because of China’s vast size, its rapid growth in foreign trade and FDI inflows, and the unprecedented speed of its integration into the world economy. The high quality of the chapters within this volume and their authors’ expertise unite to make this book a most timely contribution to our understanding of China’s rapidly changing economy and its transformation toward globalization after entering the WTO. This volume is divided into four parts. The first part deals with economic performance after China’s accession to the World Trade Organization. The second part relates to the WTO and China’s economic welfare. The third part deals with China’s financial reforms and capital markets, and the last part discusses China’s industrial and agricultural development. In total, we have eighteen chapters that will shed light on the Chinese economy and the challenges posed by WTO membership.
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 At The Threshold Of A Market Economy
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Author : Mr.Michael W. Bell
language : en
Publisher: International Monetary Fund
Release Date : 1993-06-16
China At The Threshold Of A Market Economy written by Mr.Michael W. Bell and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993-06-16 with Business & Economics categories.
This paper reviews China's experience with market-oriented reform since 1978, including domestic reforms, the opening of the economy to foreign trade and investment, and the decentralization of decision making. It identifies special conditions that may have affected China's capacity to implement reforms, assesses the impact of the reforms on the structure of the economy and on its integration into the world economy, examines the effect of the reforms on macroeconomic management and stability, and draws implications for the direction of China's future reform strategy.
China And The World Economy
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Author : D. Greenaway
language : en
Publisher: Springer
Release Date : 2010-09-10
China And The World Economy written by D. Greenaway and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-09-10 with Business & Economics categories.
The rising importance of China and its impact on the world economy has attracted massive interest worldwide. This book examines a wide range of issues related to China and its relationship with the world economy, focusing on its successful development experiences and how its rise may affect the rest of the world in the coming decades.
Integrating China Into The Global Economy
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Author : Nicholas R. Lardy
language : en
Publisher: Rowman & Littlefield
Release Date : 2004-05-13
Integrating China Into The Global Economy written by Nicholas R. Lardy and has been published by Rowman & Littlefield this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-05-13 with Business & Economics categories.
China's accession to the World Trade Organization (WTO) has been hailed as the biggest coming-out party in the history of capitalism. Its membership eventually will contribute to higher standards of living for its citizens and increased growth for its economy. But why would the Chinese communist regime voluntarily agree to comply with the many complex rules of the global trading system since it has already become the world's seventh largest trading country while avoiding these constraints by remaining outside the system? The answer to this question forms the basis for this new book. Nicholas Lardy explores the many pressures on the Chinese government, both external and internal, to comply with the standards of the rule-based international trading system. Lardy points out that, prior to entry into the WTO, China enjoyed high growth rates and more foreign direct investment than any other emerging economy. He draws on a wealth of scholarship and experience to explain how China's leadership expects to leverage the increased foreign competition inherent in its WTO commitments to accelerate its domestic economic reform program, leading to the shrinkage and transformation of inefficient, money-losing companies and hastening the development of a commercial credit culture in its banks. Lardy answers a number of other questions about China's new WTO membership, including its effects on bilateral trade with the United States; the possibility that China will use its power to reshape the WTO in the future; the degree to which the terms of China's entry were more or less demanding than those for other new members; the ability of China's economy to successfully open to new imports; and the prospects for new growth in various sectors of China's economy made possible by WTO accession. This book will become an important tool for those who wish to understand China's new role in the global trading system, to take advantage of the new opportunities for investment in China