Is China Buying The World

Author : Peter Nolan
Publisher : John Wiley & Sons
Page : 138 pages
File Size : 46,6 Mb
Release : 2013-04-30
Category : Business & Economics
ISBN : 9780745660943

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Is China Buying the World? by Peter Nolan Pdf

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.

Author : Tarun Chhabra,Rush Doshi,Ryan Hass
Publisher : Brookings Institution Press
Page : 430 pages
File Size : 52,7 Mb
Release : 2021-06-22
Category : Political Science
ISBN : 9780815739173

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Global China by Tarun Chhabra,Rush Doshi,Ryan Hass Pdf

The global implications of China's rise as a global actor In 2005, a senior official in the George W. Bush administration expressed the hope that China would emerge as a “responsible stakeholder” on the world stage. A dozen years later, the Trump administration dramatically shifted course, instead calling China a “strategic competitor” whose actions routinely threaten U.S. interests. Both assessments reflected an underlying truth: China is no longer just a “rising” power. It has emerged as a truly global actor, both economically and militarily. Every day its actions affect nearly every region and every major issue, from climate change to trade, from conflict in troubled lands to competition over rules that will govern the uses of emerging technologies. To better address the implications of China's new status, both for American policy and for the broader international order, Brookings scholars conducted research over the past two years, culminating in a project: Global China: Assessing China's Growing Role in the World. The project is intended to furnish policy makers and the public with hard facts and deep insights for understanding China's regional and global ambitions. The initiative draws not only on Brookings's deep bench of China and East Asia experts, but also on the tremendous breadth of the institution's security, strategy, regional studies, technological, and economic development experts. Areas of focus include the evolution of China's domestic institutions; great power relations; the emergence of critical technologies; Asian security; China's influence in key regions beyond Asia; and China's impact on global governance and norms. Global China: Assessing China's Growing Role in the World provides the most current, broad-scope, and fact-based assessment of the implications of China's rise for the United States and the rest of the world.

Author : Elizabeth Economy,Michael Levi
Publisher : Oxford University Press, USA
Page : 299 pages
File Size : 55,8 Mb
Release : 2014-03
Category : Business & Economics
ISBN : 9780199921782

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By All Means Necessary by Elizabeth Economy,Michael Levi Pdf

From two leading scholars in the field, a comprehensive account of the Chinese economy's explosive growth over the past 25 years.

Author : Ted C. Fishman
Publisher : Simon and Schuster
Page : 364 pages
File Size : 51,6 Mb
Release : 2005
Category : Business & Economics
ISBN : 0743257529

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China, Inc by Ted C. Fishman Pdf

What will happen when China can make nearly everything the U.S. and Europe can make--at one-third the cost? Fishman delves into dangerous question that not everyone wants answered.

Author : Daniel Drache,A T Kingsmith,Duan Qi
Publisher : Bloomsbury China
Page : 289 pages
File Size : 42,9 Mb
Release : 2019-09-10
Category : History
ISBN : 9781912392049

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One Road, Many Dreams by Daniel Drache,A T Kingsmith,Duan Qi Pdf

One Road, Many Dreams reveals the true extent of China's ambition, analyzes the impact of the One Belt, One Road initiative and assesses its chances of success and failure. This is the Asian century and China has a plan--to remake the world economy. Under its audacious One Belt, One Road strategy, China is investing trillions of dollars in hundreds of projects all around the globe. It's buying up ports, building transport networks and constructing major infrastructure. From hydroelectric plants to oil pipelines, China supplies the labour if needed, the raw materials and the finance, creating customers and boosting its own economy in the process. The objective? To challenge the existing economic and political world order. More than 80 nations have already joined China's increasingly less exclusive club and by 2049, when One Belt, One Road is set to end, its number of members is likely to rival the UN. So far, China has exercised its soft power of debt diplomacy and financial might shrewdly, serving the planet's overlooked middle-income and poor countries. The rest of the world needs to wake up because the scale of One Belt, One Road is unprecedented. Its implications for the global structure of power are potentially seismic as the geopolitical ties between Europe and Asia deepen. Written by three highly regarded political economists, One Road, Many Dreams examines the One Belt, One Road initiative from all angles. It looks at the projects and the players, the alliances and the governance. It explores the opportunities for China and the threat to the West, particularly for Trump's isolationist US administration. At home and abroad, China is staking its credibility as a superpower on One Belt, One Road. Its resources appear limitless, but One Road, Many Dreams asks a tough question: has China overreached? Or can it really pull this off and remake the world economy in its own interests?

Author : Sara Bongiorni
Publisher : Wiley + ORM
Page : 227 pages
File Size : 53,7 Mb
Release : 2010-12-28
Category : Business & Economics
ISBN : 9781118039175

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A Year Without "Made in China" by Sara Bongiorni Pdf

Can an American family live without Chinese-made goods? “A wry look at the ingenuity it takes to shun the planet’s fastest-growing economy.” —Bloomberg News “Journalist Bongiorni, on a post-Christmas day mired deep in plastic toys and electronics equipment, makes up her mind to live for a year without buying any products made in China, a decision spurred less by notions of idealism or fair trade—though she does note troubling statistics on job loss and trade deficits—than simply ‘to see if it can be done.’ In this more personal vein, Bongiorni tells often funny, occasionally humiliating stories centering around her difficulty procuring sneakers, sunglasses, DVD players and toys for two young children and a skeptical husband . . . Bongiorni is a graceful, self-deprecating writer, and her comic adventures in self-imposed inconvenience cast an interesting sideways glance at the personal effects of globalism.” —Publishers Weekly

Author : C. Fred Bergsten,Bates Gill,Nicholas R. Lardy,Derek Mitchell
Publisher : PublicAffairs
Page : 226 pages
File Size : 54,8 Mb
Release : 2007-03-13
Category : Business & Economics
ISBN : 9781586485351

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China: The Balance Sheet by C. Fred Bergsten,Bates Gill,Nicholas R. Lardy,Derek Mitchell Pdf

China's emergence as a major international power is perhaps the most important development in world affairs of the 21st century. Now, this book provides an indispensable survey of that country, the world's largest-- a vast land with 1.4 billion people and the world's most dynamic economy. Over the past year, Dr. Bates Gill, C. Fred Bergsten, Nicholas R. Lardy, and Derek Mitchell have led four task forces through a rigorous exercise of investigation and intelligence, compiling and analyzing the authoritative data on China's economy, foreign and domestic policy, and national security. Now that material has been shaped into an accessible narrative filled with facts, but written for the general reader. The expert judgements presented in China: The Balance Sheet will inform policymakers in Washintgon, scholars and the business community for years to come.

Author : J. Michael Cole,Szu-chien Hsu
Publisher : Unknown
Page : 364 pages
File Size : 40,7 Mb
Release : 2020-07-30
Category : Political Science
ISBN : 1788692136

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Insidious Power by J. Michael Cole,Szu-chien Hsu Pdf

Author : Richard P. Appelbaum,Cong Cao,Xueying Han,Rachel Parker,Denis Simon
Publisher : John Wiley & Sons
Page : 200 pages
File Size : 42,7 Mb
Release : 2018-10-15
Category : Science
ISBN : 9780745689609

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Innovation in China by Richard P. Appelbaum,Cong Cao,Xueying Han,Rachel Parker,Denis Simon Pdf

China is in the midst of transitioning from a manufacturing-based economy to one driven by innovation and knowledge. This up-to-date analysis evaluates China's state-led approach to science and technology, and its successes and failures. In recent decades, China has seen huge investments in high-tech science parks, a surge in home-grown top-ranked global companies, and a significant increase in scientific publications and patents. Helped by state policies and a flexible business culture, the country has been able to leapfrog its way to a more globally competitive position. However, the authors argue that this approach might not yield the same level of progress going forward if China does not address serious institutional, organizational, and cultural obstacles. While not impossible, this task may well prove to be more difficult for the Chinese Communist Party than the challenges that China has faced in the past.

Author : Meine Pieter van Dijk
Publisher : Amsterdam University Press
Page : 225 pages
File Size : 46,8 Mb
Release : 2009
Category : Business & Economics
ISBN : 9789089641366

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The New Presence of China in Africa by Meine Pieter van Dijk Pdf

"This book describes China's growing range of activities in Africa, especially in the sub-Saharan region. The three most important instruments China has at its disposal in Africa are development aid, investments and trade policy. The Chinese government, which believes the Western development aid model has failed, is looking for new forms of aid and development in Africa. China's economic success can partly be ascribed to the huge availability of cheap labour, which is primarily employed in export-oriented industries. China is looking for the required raw materials in Africa, and for new marketplaces. Investments are being made on a large scale in Africa by Chinese state-controlled firms and private companies, particularly in the oil-producing countries (Angola, Nigeria and Sudan) and countries rich in minerals (Zambia). Third, the trade policy China is conducting is analysed in China and compared with that of Europe and the United States. In case studies the specific situation in several African countries is examined. In Zambia the mining industry, construction and agriculture are described. One case study of Sudan deals with the political presence of China in Sudan and the extent to which Chinese arms suppliers contributed to the current crisis in Darfur. The possibility of Chinese diplomacy offering a solution in that conflict is discussed. The conclusion considers whether social responsibility can be expected of the Chinese government and companies and if this is desirable, and to what extent the Chinese model in Africa can act as an example - or not - for the West"--Publisher's description.

Author : Dambisa Moyo
Publisher : Harper Collins
Page : 248 pages
File Size : 51,7 Mb
Release : 2012-05-29
Category : Business & Economics
ISBN : 9781443407427

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Winner Take All by Dambisa Moyo Pdf

Newspaper headlines and media commentators scream warnings of the impending doom nearly every day—shortages of arable land, clashes over water, and the political Armageddon as global demand for energy in the form of fossil fuels far outstrips any possible supply. The picture painted is bleak, and the possible impact of commodities markets on how we live is far-reaching, but our grasp of the details and the mega shifts in the commodity space remains blurred. There’s so much noise surrounding resource scarcity and China’s emerging dominance in commodities that we risk complacency. Overturning our assumptions, bestselling author Dambisa Moyo charts the commodity dynamics that the world will face over the next several decades, and the implications of China’s rush for resources across all regions of the world, from Africa to Latin America, from North America to Europe to Australia.

Author : Rush Doshi
Publisher : Oxford University Press
Page : 433 pages
File Size : 51,6 Mb
Release : 2021-06-11
Category : Political Science
ISBN : 9780197527870

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The Long Game by Rush Doshi Pdf

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.

Author : Kai-Fu Lee
Publisher : Houghton Mifflin
Page : 275 pages
File Size : 51,5 Mb
Release : 2018-09-25
Category : Business & Economics
ISBN : 9781328546395

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AI Superpowers by Kai-Fu Lee Pdf

Introduction -- China's Sputnik moment -- Copycats in the Coliseum -- China's alternate Internet universe -- A tale of two countries -- The four waves of AI -- Utopia, dystopia, and the real AI crisis -- The wisdom of cancer -- A blueprint for human co-existence with AI -- Our global AI story

Author : Ho-fung Hung
Publisher : Contemporary Asia in the World
Page : 0 pages
File Size : 51,7 Mb
Release : 2017-03-07
Category : Capitalism
ISBN : 023116419X

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The China Boom by Ho-fung Hung Pdf

A systematic investigation into the origins and unraveling of China's economic miracle.

Author : Yi Wen
Publisher : World Scientific
Page : 336 pages
File Size : 42,5 Mb
Release : 2016-05-13
Category : Business & Economics
ISBN : 9789814733748

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The Making of an Economic Superpower by Yi Wen Pdf

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. Contents: IntroductionKey Steps Taken by China to Set Off an Industrial RevolutionShedding Light on the Nature and Cause of the Industrial RevolutionWhy is China's Rise Unstoppable?Wha's Wrong with the Washington Consensus and the Institutional Theories?Case Study of Yong Lian: A Poor Village's Path to Becoming a Modern Steel TownConclusion: A New Stage Theory of Economic Development Readership: Academics, undergraduate and graduates students, journalists and professionals interested in economic development, the history of the Industrial Revolution, and especially China's economic transformation and industrial growth, as well as the political economy of governance.