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China's economy is now comfortably among the world's elite in terms of size. This book examines the contemporary Chinese economy, focusing on the production, appropriation, and distribution of surplus value.
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...
Despite the dynamic growth of its economy over the last 20 years, China still has a long way to go to catch up with Japan. In commercial and technological terms, Japan is still the dominant economy in East Asia and is still the leading source of product, production and management innovations in the region, especially in the automotive and electronic industries. However, China is closing the gap year by year. The development of bilateral foreign trade, the increase of Japanese FDI and ODA towards China, and intensified financial and technical co-operation illustrate the considerable potential for mutually profitable business. The Chinese market is opening up and Chinese products are increasingly gaining competitiveness in world markets, threatening the incumbent Japanese firms. Japanese and Chinese companies face each other across a changing competitive environment, which is posing new challenges to corporate and business strategies. Within the context of these developments this book looks from different perspectives at how Japanese companies are reacting to the challenges and opportunities offered by China.
This book, first published in 1996, focuses on the possible (but problematic) emergence of a so-called ‘Greater China’ encompassing mainland China, Taiwan and Hong Kong, and the economic reforms, inward investment, spatial disparities, and changes to business culture that would ensue. The similarities, differences, underpinnings, results and prospects for the future of Greater China are analysed in close detail in the chapters collected here.
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.
Industrial Reform in China is the first major attempt to explore the success of China's economic reform using studies of specific industries: the clothing, machine tool, and iron and steel industries, supplemented by analysis of official statistics. Particular emphasis is placed on thecomparison of management and production efficiency between township-village enterprises (TVEs) and state-owned enterprises (SOEs). The authors discover that the efficiency of TVEs has been enhanced by the transfer of technology, know-how, and marketing capacity from SOEs. In contrast, reform ofstate enterprises was found to have had limited impact. Given the enormous differences in efficiency between private and public ownership, it is clear that TVEs will continue to overwhelm SOEs, a process which will in time transform the Chinese economy into a true market-based system.
China began opening to the outside world in 1978. This process was designed to remain under the state's control. But the relative value of goods and services inside and outside China drove cities, enterprises, local governments, andindividuals with comparative advantage in international transactions to seek global linkages. These contacts, David Zweig asserts, led to the deregulation of China's mercantilist regime. Through extensive field research, Zweig surveys the extraordinary changes in four sectors of China's domestic political economy: the establishment of developmentzones, rural joint ventures, the struggle over foreign aid and higher education. He also addresses the crucial question of whether, on balance, internationalization weakens or strengthens state power.
This is a groundbreaking analysis of China's territorial disputes, exploring the successes and failures of negotiations that have taken place between its three neighbours, namely India, Japan and Russia. By using Roberts Putnam's two level game framework, Chung relates the outcome of these disputes to the actions of domestic nationalist groups who
A City Mismanaged traces the collapse of good governance in Hong Kong, explains its causes, and exposes the damaging impact on the community’s quality of life. Leo Goodstadt argues that the current well-being and future survival of Hong Kong have been threatened by disastrous policy decisions made by chief executives and their principal officials. Individual chapters look at the most shocking examples of mismanagement: the government’s refusal to implement the Basic Law in full; official reluctance to halt the large-scale dilapidation of private sector homes into accommodation unfit for habitation; and ministerial toleration of the rise of new slums. Mismanagement of economic relations w...
This book traces the history of revolutions and counterrevolutions since 1917, in Russia, Korea, Vietnam, China, the countries of Eastern Europe, and Cuba. I present the evidence of their achievements and describe the wars they were forced to fight in self-defence. We can learn from the efforts and the errors of the pioneers, even though their conditions of being pre-industrial and dependent societies were very different from Britains today. The hope is that this book will provoke thought about the future of our nation in order to help us to decide what we need to do, not to copy but to create.