Chinese Economy Research Papers - Academia.edu (original) (raw)

China's stunning growth rates have corresponded with the rise of "state capitalism." Since the mid-2000s, China's political economy has stabilized around a model where most sectors are marketized and increasingly integrated with the global economy; yet strategic industries remain firmly in the grasp of an elite empire of state-owned enterprises. What are the implications of state capitalism for industrial competitiveness, corporate governance, government-business relations, and domestic welfare? How does China's model of state capitalism compare with other examples of state-directed development in late-industrializing countries? As China enters a phase of more modest growth, it is especially timely to understand how its institutions have adapted to new challenges and party-state priorities. In this volume, leading scholars of China's economy, politics, history, and society explore these compelling issues.

- by and +1
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- Institutional Economics, Institutional Theory, Chinese Politics, China Political Economy

China's current national policies promote high levels of economic growth, transforming China into a " world factory " , but at a high cost in terms of energy and the environment. At the same time, this growth and transformation also forms the backbone of China's economy, underpinning social stability. China faces a dilemma to reconcile its economy, energy system and environmental security. Each aspect of this triad is discussed in this study to illuminate the challenges faced by China, and China's dilemma in energy, economy and environment is analyzed from the perspective of its participation in current global supply chains. While China must import a significant proportion of its energy and a large proportion of primary materials, a large share of these imports are returned to the global market as industrial exports. China is bound by its own course of action and unable to radically change its position for the foreseeable future as the road to economic development and employment stability is through policies built on exports and shifting development models, presenting a tough socioeconomic trade-off. China's growth challenges are discussed as an example of challenges more broadly faced in the developing world. China's success or failure in achieving a sustainable developmental pattern will inevitably have a significant influence on the global environment.

- by Mikael Höök and +1
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- International Trade, Energy Security, Embodied Energy, Chinese Economy

Deciphering the Chinese Economic Miracle: Lessons for the Developing World

Since 1987 the Chinese economy has moved from being the 32nd largest economy in the world to 6th currently and it is on target to become the largest by 2012. The implications for Australia are significant. However, entering the Chinese market is complex and much depends on understanding formal networks. This paper explains some of the complexities and, in particular, the principle of 'guanxi'. The paper briefly examines how Australian potential business entrepreneurs can take accelerated advantage of guanxi through the formal Sister City and Sister State Arrangements in entering the Chinese market. A brief case study is provided of each of the two such arrangements to illustrate how they operate.

- by Owen Wright
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- Case Study, Chinese Economy
- by Ali Kutan
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- Applied Economics, Exchange rate, Chinese Economy, Economics Planning
- by Wenzel Eva
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- Economics, Chinese Economy
- by Randy Kluver
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- Rhetoric, International Communication, China, Chinese Economy
- by Shams Rahman
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- Marketing, Supply Chain Management, Chinese Studies, Operations Research

This empirical study focuses on competition between local
governments as they strive to attract companies through the
auction of land use rights. In the literature on competition between
local governments, the focus has tended to be toward growth rates
based on performance evaluation or tax rate-based competition
for attracting companies. In China, the property tax system is still
underdeveloped and local governments cannot independently set tax
rates. Therefore, this study focuses on a type of ‘dumping’ activity by
which local governments auction land use rights to attract industrial
companies and empirically test this hypothesis using the spatial lag
model.

- by Kai Kajitani
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- Spatial econometrics, China studies, Spatial autocorrelation, Chinese Economy

Doomsday predictions on China and on Xi’s future, must be made with caution. Projections that Xi faces ingrained resistance from intra-party factionalism, or is locked in a battle for control, and that his apparent failures in handling the economy or the pandemic may lead to thwarting of his ambitions are either overblown, or mere wishful thinking. In fact, the widely prevalent theory that Xi may be forced to make key concessions on admitting his followers into the CCP’s highest decision-making body in exchange for another stint is unsupported by any concrete evidence.

- by Sreemoy Talukdar
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- International Relations, China, Chinese Politics, China studies

This paper aims to provide a counter-example on this
framework, by comparing WeChat – an instant messaging platform service developed by the Chinese company Tencent, with Messenger and WhatsApp – the messaging subsidiaries of Facebook – an American multinational. More importantly, this essay will highlight WeChat’s role as teacher for both Messenger and WhatsApp.

- by Radu Marian
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- Facebook, Strategy (Business), Business Management, Business Strategy

Chinese national oil companies have long been seen as rampantly overpaying for overseas assets. This has serious implications for the sustainability of the Chinese SOE model. This paper examines in detail how the prices paid for overseas oil and gas compare with the rest of the world, against specific peers and in certain subsectors. The paper aims to provide public policy recommendations on further reform of the sector in China.

- by Anatole Pang
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- Natural Resources, Energy Security, China, China Overseas Investments

In July 2018, President Donald Trump stated in an interview with CNBC that he is willing to impose tariffs on all USD 505 billion worth of Chinese exports to the US. At the time of this writing, this has not become a reality. While it is strikingly clear that China cannot match the US in a tit-for-tat tariffs fight due to an imbalance in import volumes in favor of the latter, China can and has made some tactical decisions in its imposition of tariffs. For example, many of the tariffs levied on US goods target products which originate from states that have voted for Trump. At the same time, many of these products-such as soybeans-China can procure in other markets. This paper does not explore how China can mobilize the extent of its geoeconomic tools to gain an advantage in this developing trade war, as this has already been widely 782 Guorui Sun and Alex Payette Contemporary Chinese Political Economy and Strategic Relations: An International Journal 4(3) ♦ 2018 covered in the media. Instead, comprising two parts, this paper examines how China can use the pressures created by this trade war to better advance its grand strategy. In the first, against the backdrop of the regime's survival, the trade war can be used to leverage and increase the pace of its domestic reforms, which will be critical to the long-term sustainability of its financial sector and economy. In the second part, this paper explores how China can push forward its geopolitical ambitions-notably, the Belt and Road Initiative-in the vacuum left behind by the trade war and the Trump Administration at large.

- by Alex Payette and +1
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- Chinese Politics, Contemporary China, Chinese Economy, One Belt One Road

The Review is pleased to give hospitality to CLARE group articles, but is not necessarily in agreement with the views expressed; responsibility for these rests with the authors. Members of the CLARE Group are MJ Artis, AJC Britton, WA... more

- by Charles Goodhart
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- Economics, Chinese Economy, Transition Economy, State Owned Enterprise

INTERNATIONAL BULLION FLOWS AND THE CHINESE ECONOMY CIRCA I530-I650* ... 1 For an exhaustive list of items regularly exported from China to Manila during the late sixteenth and early seventeenth centuries, see Antonio de Morga, The... more

- by William Atwell
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- Cultural Studies, Chinese Economy, Historical Studies, Past Present

There are not many CEE game producers that tried to enter Chinse mobile game market. Game developers from CEE countries that look for the opportunities of growth in the foreign markets should consider entering Chinese market which has recently become the biggest in the world. Chinese online game market is not yet as developed as European or American, but also not as competitive, and far from saturation, so the perspectives of exporting products to China are very promising.

- by Tomasz Bieliński
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- Mobile games, Chinese Economy, Mobile Game Development, Chinese Internet

马克·尚巴尼论证分析传统所谓的“专业”风格并不能确保论证专业，事实上，也不能保证论证者头脑清晰。

- by Marc Champagne
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- Critical Theory, Philology, History, Cultural History

Using both firm-level and city-level data from the Chinese National Bureau of Statistics and unique information on investment promotion agencies (IPA) in China, the present paper evaluates whether IPA affect foreign direct investment (FDI) from the perspective of both intensive and extensive margins; that is, re-investment by incumbent foreign-owned firms and total new FDI inflows into the city, respectively. After controlling for potential determinants of FDI and correcting for biases due to endogeneity, we find that, in general, IPA do not necessarily increase FDI in either case. However, IPA are found to promote re-investment by large foreign-owned firms. The results imply difficulty in the dissemination of information about the business environment to foreign investors.

Global integration of China and India has had quite different effects on the structural pattern of their economic growth. Manufacturing became the engine of economic growth in the former whereas the latter thrived due to the rapid growth of services sector. The implications of their present patterns of growth seem to be very favourable for long-term development. However, employment effects of their integration into the global economy are quite similar, and are evident in fast growth of labour, migration of skilled labour force to developed countries, decline of employment in formal sector and slow growth of regular wage employment. In this context, sustainability of the fast economic growth of China and India depends largely on the extent to which they are able to generate a process for steady expansion of regular wage employment and productivity of low skilled labour force.

- by Mazhar Siraj
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- Development Economics, Services, Globalization, Manufacturing

China's African investment has skyrocketed in recent years, moving from 7billionin2008to7 billion in 2008 to 7billionin2008to26 billion in 2013. In 2015, President Xi Jinping promised African states $60 billion in loans, aid, and export credit (knowledge.wharton 2016 and Robertson and Benabdallah 2016). This paper will examine China’s investment in Africa, quantify the investment and determine where the financing is coming from, which countries and sectors are the recipients, the motivation for the investment, the problems China faces in African investment, as well as the successes and failures of Chinese investment in Africa.

- by Antonio Graceffo
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- China, China studies, China Political Economy, Chinese Economy

The Department of Asian Studies is happy to announce scholarships for MA students in Chinese Studies (all areas of and subjects within this broadly defined field are eligible). The scholarship is in the sum of 50,000 NIS per year, for two years pending on the successfully passing the requirements of the first year and on our ability to receive funding for the continuation of this program. Conditions and Eligibility: The scholarship is open for students who will be registered to an MA program at the Hebrew University in the academic year of 2022-2023. Preference will be given to first year MA students in the Department of Asian Studies, but candidates from other departments and those that already started their MA can apply. The scholarship will be awarded according to academic merits. To receive the scholarship for the second year (pending our ability to get funding for it) the students will need to submit a progress report, to have been accepted to the research oriented (with a thesis) MA program, and have an MA advisor who will approve their progress and the subject of their MA thesis. Candidates should send, in one file, the following documents to the secretary of the Department of Asian Studies

- by Gideon Shelach-Lavi and +3
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- Chinese Philosophy, Chinese Studies, Chinese Art, Jin Dynasty (1115-1134)
- by Christian Garland
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- Critical Theory, Business, Industrial And Labor Relations, Information Systems

Unlike US futurologists Herman Kahn and Anthony J. Wiener (1967) who thought that Asian countries couldn’t grow as fast as the US, Canada and the European countries, be they capitalist or communist, O’Neill believed that the time was ripe for China and India to enter a sustainably high growth cycle, and that Russia and Brazil could be lumped into the same category (2001)… Tellingly, China alone accounts for more than 70% of the combined GDP growth generated by the BRIC countries in the past 12 years: if there is a BRIC miracle it’s first and foremost a Chinese one. The Chinese way combining structured central planning and free market forces has emerged as a powerful role model emulated successfully by many emerging countries across the Asia-Pacific area and beyond.

This volume discusses a range of key domestic forces driving the current Chinese growth ranging from economic reforms to governance practices to analyze their impact and influence at home as well as on China’s foreign and security policies in its near and extended neighbourhood. At the same time, the volume also looks at specific themes like technology, agricultural development, reform of state-owned enterprises and the use of Party bodies to engage in foreign propaganda work among other things to offer examples of the merging of Chinese domestic political and foreign policy interests. In the process, the book offers its readers a better idea of China’s place in the world as the Chinese themselves see it and the implications over time for China, its neighbourhood and the wider world.

- by Jabin T Jacob
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- Southeast Asian Studies, South Asia, Chinese foreign policy, Vietnam

In recent years, China has become one of Cambodia’s largest donors, sources of foreign direct investment (FDI), and trading partners. According to the Cambodian-Chinese Economic Trade and Investment 5-year plan (2013-2017), bilateral trade between the two countries is expected to be worth 4.31billionin2016(HoandSothear2015).Between1994and2015,Chinesecompanieshaveinvestedin543projectsworthatotalof4.31 billion in 2016 (Ho and Sothear 2015). Between 1994 and 2015, Chinese companies have invested in 543 projects worth a total of 4.31billionin2016(HoandSothear2015).Between1994and2015,Chinesecompanieshaveinvestedin543projectsworthatotalof10.1 billion (Sophavy 2015). Although relations between Cambodia and China date back centuries, it is in the last twenty years, during China’s economic rise, that the relationship between the countries has grown in importance, both regionally and globally. Today, China, the world’s second largest economy, finds it is beneficial to trade with and invest in Cambodia. Cambodia, of course, is grateful for the income, but there are concerns that with an export oriented economy, based largely on raw materials, Cambodia may find it difficult to move up the global value chain. As a result, Cambodia runs a negative trade balance with China. In 2011, Cambodian exports to China only totaled $184 Million, which included agricultural products, rubber, fish, timber and textiles (Heng 2012).

- by Antonio Graceffo
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- Cambodia, China, China Political Economy, Chinese Economy

La République populaire de Chine connaît, depuis 1978, un développement économique d’une rapidité peut-être sans équivalent : pendant un quart de siècle, entre 1980 et 2004, le PIB chinois a connu une croissance annuelle moyenne de 8,5 %, conduisant à une multiplication de la richesse par habitant par plus de sept, et permettant à plusieurs centaines de millions de citoyens chinois, probablement entre 200 et 400 millions, d’échapper à la pauvreté, et cette dynamique est toujours en cours. Cette expérience de développement ne se distingue pas seulement par son rythme, mais également par ses modalités, particulières parce que la Chine est engagée depuis le début de l’ère des
« réformes et de l’ouverture » en 1978 dans un processus de transition de ses structures économiques et sociales, du collectivisme et de la planification centralisée vers le capitalisme privé et l’économie de marché. Cette transition est loin d’être achevée et les héritages institutionnels de l’époque socialiste ont toujours des conséquences décisives sur le profil du développement chinois, et en particulier sur la transition démographique et le changement structurel, c’est-à-dire le transfert de la population active hors des campagnes et de l’agriculture, vers les villes et les secteurs modernes. En effet, contrairement à la très grande majorité des pays en développement et même des pays en transition, la République populaire de Chine a maintenu, malgré la dynamique radicale de « réformes et d’ouverture » engagée en 1978, une présence très forte de l’État comme planificateur et stratège. Celui-ci a donc conservé de l’époque collectiviste et planifiée un pouvoir considérable de régulation et d’orientation en ce qui concerne les dynamiques d’évolution démographique et sectorielle. Cette note se propose de présenter quelques éléments cruciaux sur ces thématiques.

- by Thomas Vendryes
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- Transition Economies, Chinese Economy

This paper discusses Japanese motor vehicle manufacturing investment and state intervention measures in the Australian market. Australia’s auto industry is an extension of global motor vehicle manufacturers with a small number of domestic manufacturing firms that form a part of the global supply chain. Toyota Motor Corporation, Mitsubishi Motor Corporation, General Motors Corporation and Ford Motor Company all have had extensive investments in the Australian market. In the past, the Australian market was also a host to investments from Volkswagen AG, Chrysler LLC, Nissan Motor Company Limited and British Leyland Motor Corporation. The size of the industry has shrunk recently with the March 2008 shut down of manufacturing by Mitsubishi Motors Australia Limited (MMAL), not long after the company’s emergence from a long and significant restructuring. Still, the auto industry remains the largest single manufacturing sector in Australia both in terms of investment levels and the number of people employed. Thus, Japanese auto manufacturing investment in Australia require an evaluation, now that the federal government has completed the 2008 ‘Review of Australia’s Automotive Industry’. The paper focuses on Toyota Motor Corporation Australia (TMC Australia) in Victoria and (the recently shut down) MMAL in South Australia.

- by Celal Bayari
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- Business, Industrial And Labor Relations, Organizational Behavior, Management

在二战以后，大批发展中国家的粮食安全逐渐被发达国家掌握。我国是一个例外，长期实现了粮食自给，但是在最近这些年，却面临两个巨大的挑战：一个是全国粮食生产实际上在过去十年里陷入停滞，而长期来看增产潜力有限；另一个是，与此同时，全国范围内出现了人均热量摄入下滑的问题，长期来看，哪怕不考虑其他粮食消费增长，社会也需要回复到一个正常的营养健康水平，会产生额外的巨大粮食需求，远远超出了国际市场的容纳能力。这些客观条件意味着中国无法靠进口来养活自己，迫切需要一个综合性的改革方案来保障长期的... more

- by Zhun Xu
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- Food Security, Chinese Economy, Food regimes

Since the 1990s China's modernization was a particular pathway of modernization of the Maoistic Chinas society and its political Jacobinistic program. This article identifies some typical feature, which we recognize in the meantime. It is necessary to mention that the Chinese modernization was an intrinsic achievement. The political system of China has initiated it and thereby changed the structure of the Chinas society essentially. China's society follows a different pathway than the Western modernization. That means we witness, for instance, a restructuring of the economic system towards a market orientation. But the characterization of Chinese economic lays in the interconnection with the other functional systems and the social interaction by social network communication beneath this functional level. To understand the social change in China it is essential to emphasize that the economic modernization goes along with the stabilization of the political center, the continuation of the network communication and solidarity, which is also refers to the interpretation of the cultural background of China's tradition and historical experiences.

- by Reuss-Markus Krausse
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- Sociology, Economics, Business Networks, Social Sciences
- by Benjamin W Lau
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- Capitalism, Confucian Philosophy, Confucianism, Varieties of Capitalism
- by Jonckheere Jan
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- Economics, Services, Globalization, China

Turkey's inclusion in the Belt and Road Initiative in 2015 has raised the expectations of Turkish businesses and government concerning growth-generating investment from China. Existing studies on Chinese investments in Turkey lack sufficient data on the volume of investment, types of firms, and sectoral composition. Based on a novel dataset of Chinese investments in Turkey, this article contributes to filling this gap. We show that although Chinese investment in Turkey has increased considerably in recent years, it remains quite modest compared with investments from the West. Moreover, despite the expanding activities of Chinese technology companies, more than half of Chinese investment in Turkey consists of low value-added manufacturing, extraction of raw materials, and marketing of Chinese products. Overall, the developmental potential of Chinese investment in Turkey has not been radically different from other countries' investments.

- by Burak Gürel and +1
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- Turkish Economy, Chinese outward foreign direct investment, Chinese Economy, Sino - Turkish Relations

The purpose of this chapter is to stand against the claim that the same neo-liberal model emerges in all countries as a result of the competitive pressures arising from globalization. Countries can experience a globalization pattern that improves their growth performance and living standards with different policy preferences in the fields of finance, trade, and investment. The variety of Chinese capitalism is a case of this situation. In the first section, this Chinese development model with its illiberal policies first is examined. In the second section, the new development initiatives and institutional arrangements and their potential effects are discussed. In addition, the implications of these new development initiatives are argued in terms of global governance systems.

- by Taha Egri
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- Political Economy, China, Chinese Economy
- by ARNALDO GONÇALVES
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- Economic Growth, China, China studies, Contemporary China

People’s Republic of China is already the second global economic superpower, but Chinese enterprises rarely become world leaders in new technologies sectors. The aims of the article were to verify if Chinese high technology companies can successfully compete with global leaders in such sectors as information technology and to find out what strategic advantages can make it possible. The author states that availability of human capital and governmental support are strategic advantages of Chinese high technology corporations that can lead them to the world leadership. Thanks to the development of PRC education system local companies have broad access to qualified specialists who do not demand wages as high as in other countries. The analysis of case studies of Alibaba Group and Tencent Holdings proves that this kind of success is possible.

- by Tomasz Bieliński
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- Information Technology, Chinese Studies, China, Chinese higher education
- by li yun
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- Economic Growth, Energy Policy, Environmental Sustainability, Multidisciplinary

This paper elaborates China's urban household registration system, Hukou. Hukou has been implemented since 1958 have huge impact on state-individual relationship. Although system started to change with China's opening to world economy, the registration system still matters. I examine the hukou with both social and economic aspects in my research.

- by Emre Gülarman
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- Economics, Economic Growth, China studies, Chinese Economy
- by Richard M Bird
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- Public Finance, Resource Allocation, China, Work in Progress