The Rapid Rise Of China In Simple Words
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The Rapid Rise Of China In Simple Words
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Author : MINAKSHI GOEL
language : en
Publisher: INDIA NETBOOKS
Release Date :
The Rapid Rise Of China In Simple Words written by MINAKSHI GOEL and has been published by INDIA NETBOOKS this book supported file pdf, txt, epub, kindle and other format this book has been release on with Antiques & Collectibles categories.
PREFACE The relationship a country maintains with its neighbours is very important. If the relationship is good, it can be a source of strength. Otherwise, it can lead to destruction. India is a peninsula, sharing its borders with several nations. Of all these neighbouring countries, China is most important economically, politically and strategically. Moreover, recently China has become the centre of discussion for the entire world, not only for India. The People's Republic of China (also called as China in short) was founded in 1949. Today, in 2020, in a very short period, it has become a superpower. It is very important for us to understand how China grew so fast in such a short period of time. Looking at the mind-set of its leaders and the policies they implemented might help us understand how to improve our own nation. Keeping these things in mind, I have written this short book to explore China’s growth. When I started on this journey, I found that the information was scattered, complex and difficult for the layman to understand. I have therefore tried to keep the content short and the language simple and lucid, in order to share this information with a wide audience. MINAKSHI GOEL
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.
Making Of An Economic Superpower The Unlocking China S Secret Of Rapid Industrialization
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Author : Yi Wen
language : en
Publisher: World Scientific
Release Date : 2016-05-13
Making Of An Economic Superpower The Unlocking China S Secret Of Rapid Industrialization written by Yi Wen and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-05-13 with Business & Economics categories.
The rise of China is no doubt one of the most important events in world economic history since the Industrial Revolution. Mainstream economics, especially the institutional theory of economic development based on a dichotomy of extractive vs. inclusive political institutions, is highly inadequate in explaining China's rise. This book argues that only a radical reinterpretation of the history of the Industrial Revolution and the rise of the West (as incorrectly portrayed by the institutional theory) can fully explain China's growth miracle and why the determined rise of China is unstoppable despite its current 'backward' financial system and political institutions. Conversely, China's spectacular and rapid transformation from an impoverished agrarian society to a formidable industrial superpower sheds considerable light on the fundamental shortcomings of the institutional theory and mainstream 'blackboard' economic models, and provides more-accurate reevaluations of historical episodes such as Africa's enduring poverty trap despite radical political and economic reforms, Latin America's lost decades and frequent debt crises, 19th century Europe's great escape from the Malthusian trap, and the Industrial Revolution itself.
China S Rise And Internationalization Regional And Global Challenges And Impacts
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Author : Filip Abraham
language : en
Publisher: World Scientific
Release Date : 2020-04-15
China S Rise And Internationalization Regional And Global Challenges And Impacts written by Filip Abraham and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-04-15 with Business & Economics categories.
2018 marks the 40th anniversary of the start of China's reform and opening up policy, which created China's growth miracle with an annual average growth rate of around 9.5 percent. China's rapid rise and internationalization has also generated profound impacts both regionally and globally. This edited book aims to bring together academics and researchers at policy institutions to discuss ongoing research on a wide range of theoretical and empirical issues related to China's rapid rise and internationalization from both regional and global perspectives.
Chinese Economy
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Author : Sam Karthik
language : zh-CN
Publisher: Skmlifestyle.com
Release Date : 2022-12-10
Chinese Economy written by Sam Karthik and has been published by Skmlifestyle.com this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-12-10 with categories.
After the founding of the People's Republic of China, through large-scale reforms in a planned manner, China has become one of the world's largest economic powers with a huge development potential, and its people's lives have generally reached a well-off level. From 1953 to 2016, China has successively completed twelve Five Year Plans (五年规划) and achieved double digit growth rate, laying a solid foundation for the development of the national economy. Before 1978, the Chinese economy had a weak agricultural foundation and an imbalance in the proportion of light and heavy industries. The economic reforms and opening up in 1978 have enabled the Chinese economy to gain faster growth than ever before. After entering the 21st century, China's economy continues to maintain steady and rapid growth. According to China's National Bureau of Statistics (国家统计局), China's GDP in 2018 was about 919 billion yuan. Moreover, according to preliminary calculations, China's GDP in 2019 was nearly 998 trillion yuan, calculated at comparable prices, an increase of 6% over the previous year, and in line with the expected target of 6% to 6.5%. Further, in 2019, China's total combined value of import and export was about US $4,575 billion. Of the total amount, export amounted to US$2498 billion, with an increase of 0.5%; import amounted to nearly US$2076 billion, with a decrease of 2.8%; trade surplus was US$421 billion, with an increase of 20%. The book has 17 chapters, including the following: Chapter 1: China's Economic Reform (第一章：中国的经济改革) Chapter 2: Economic Data (第二章：经济数据) Chapter 3: GDP (第三章：国内生产总值) Chapter 4: National Bureau of Statistics of the People's Republic of China (第四章：中华人民共和国国家统计局) Chapter 5: China's Economic Policy (第五章：中国的经济政策 ) Chapter 6: China's Foreign Trade (第六章：中国的对外贸易) Chapter 7: World's Manufacturing Center (第七章：世界制造业中心) Chapter 8: China's Exports (第八章：中国的出口) Chapter 9: China's Import (第九章：中国进口) Chapter 10: The Global Financial Crisis (第十章：全球金融危机) Chapter 11: Monetary Exchange Rate Policy (第十一章：货币汇率政策) Chapter 12: Five-Year Plans (第十二章：五年规划) Chapter 13: Minimum Wage Standards (第十三章：最低工资标准) Chapter 14: Social Security System (第十四章：社会保障制度) The current book volume, Chinese Economy, is a Chinese reading practice book. It would introduce you to numerous important features of the world's second largest economy, including China's economic reforms, data, GDP, currency exchange rate policy, national minimum wage, Chinese dream, exports, imports, etc.). The 1st volume in the Introduction to Chinese Economy Series (中国经济百科全知道) includes both the Chinese text (simplified characters) and pinyin Romanization. With about over 1200 unique Chinese characters, the volume would be suitable for the beginners, lower intermediate and advanced level Chinese language learners (HSK 1-6). Overall, the reading series offers you a variety of elementary level books (Level 1/2/3/4/5/6) to understand China as well as practice Chinese reading fast.
China Into Its Second Rise
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Author : James Chieh Hsiung
language : en
Publisher: World Scientific
Release Date : 2012
China Into Its Second Rise written by James Chieh Hsiung and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Business & Economics categories.
This book seeks to demystify the re-ascendancy of China as a civilization state. China's politics and society are examined in the light of its living civilization, which is the only one of the ancient civilizations that has survived to this day. The book also contrasts China's development with that of the West and Japan. By combining the impact of internal political and socio-economic developments in China and its external relations (from the silk routes, the tribute system, to the modern day), it unravels the existing myths, puzzles, and paradoxes surrounding China and questions the adequacy of most of the Western political theories (such as realism in international relations) in an attempt to explicate China's re-emergence as a world power. It attempts to tackle squarely the question: Is China a threat to world order?The book traces the rationale for contemporary developments in China to the roots in the country's tradition as well as foreign influences and seeks to unravel the puzzle about the unique China Model that defies conventional thinking in political economy, with its sustained and incredibly rapid economic growth over the past three decades. This study on China's second rise provides a broad background that includes a meaningful scrutiny of the country's behavior during its first rise (713-1820) and beyond. In comparing China's ongoing second rise with its first ascent, the book not only refocuses on and reinterprets the example set during its first rise, but also takes into account the crucial lessons it learned during its century in eclipse in the interregnum, for the effects they have on the country's current orientation and behavior. The book follows an interdisciplinary approach, combining the cultural, intellectual-historical, normative-ideological, and social-scientific perspectives, to lend a more solid grasp of the present-day China. It ends with an educated speculation, based on the foregoing analyses, on the contours of a Pax Sinica that is likely to result from the impact of China's second rise as a world power.
Asean Miracle
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Author : Kishore Mahbubani
language : en
Publisher: Flipside Digital Content Company Inc.
Release Date : 2017-03-08
Asean Miracle written by Kishore Mahbubani and has been published by Flipside Digital Content Company Inc. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-03-08 with Business & Economics categories.
The Association of Southeast Asian Nations is a miracle. Why?In an era of growing cultural pessimism, many thoughtful individuals believe that different civilisations-especially Islam and the West-cannot live together in peace. The ten countries of ASEAN provide a thriving counter-example of civilizational co-existence. Here 625m people live together in peace. This miracle was delivered by ASEAN.In an era of growing economic pessimism, where many young people believe that their lives will get worse in coming decades, Southeast Asia bubbles with optimism. In an era where many thinkers predict rising geopolitical competition and tension, ASEAN regularly brings together all the world's great powers.Stories of peace are told less frequently than stories of conflict and war. ASEAN's imperfections make better headlines than its achievements. But in the hands of thinker and writer Kishore Mahbubani, the good news story is also a provocation and a challenge to the rest of the world.This excellent book explains, in clear and simple terms, how and why ASEAN has become one of the most successful regional organizations in the world. - George YeoA powerful and passionate account of how, against all odds, ASEAN transformed the region and why Asia and the world need it even more today. - Amitav Acharya
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.
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.
The Rise Of China And India
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Author : Peng Er Lam
language : en
Publisher: World Scientific
Release Date : 2009
The Rise Of China And India written by Peng Er Lam and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Business & Economics categories.
The most remarkable phenomenon in Asia in the 21st century is arguably the economic rise of China and India. Amazingly, the two most populous countries in the world are uplifting millions of their citizens annually from poverty through rapid economic growth. What is the impact on the region, given the ascendance of China and India? There are at least two possible outcomes: the rise of the two great Asian powers may challenge the US and instill fear among the smaller countries in Asia, or, China and India will act as new economic dynamos that will benefit the region even if US economic presence in the region is to decline in the future. This book explores the opportunities and obstacles to a OC harmoniousOCO region underpinned by the rise of China and India."