China's Future

Author: David Shambaugh
Publisher: John Wiley & Sons
ISBN: 1509507175
Category : Political Science
Languages : en
Pages : 144

Book Description
China's future is arguably the most consequential question in global affairs. Having enjoyed unprecedented levels of growth, China is at a critical juncture in the development of its economy, society, polity, national security, and international relations. The direction the nation takes at this turning point will determine whether it stalls or continues to develop and prosper. Will China be successful in implementing a new wave of transformational reforms that could last decades and make it the world's leading superpower? Or will its leaders shy away from the drastic changes required because the regime's power is at risk? If so, will that lead to prolonged stagnation or even regime collapse? Might China move down a more liberal or even democratic path? Or will China instead emerge as a hard, authoritarian and aggressive superstate? In this new book, David Shambaugh argues that these potential pathways are all possibilities - but they depend on key decisions yet to be made by China's leaders, different pressures from within Chinese society, as well as actions taken by other nations. Assessing these scenarios and their implications, he offers a thoughtful and clear study of China's future for all those seeking to understand the country's likely trajectory over the coming decade and beyond.

The Future of China's Bond Market

Author: Mr. Alfred Schipke
Publisher: International Monetary Fund
ISBN: 151358278X
Category : Business & Economics
Languages : en
Pages : 52

Book Description
China’s bond market is destined to play an increasingly important role, both at home and abroad. And the inclusion of the country’s bonds in global indexes will be a milestone for its financial market integration, bringing big opportunities as well as challenges for policymakers and investors alike. This calls for a good understanding of China’s bond market structure, its unique characteristics, and areas where reforms are needed. This volume comprehensively analyzes the different segments of China’s bond market, from sovereign, policy bank, and credit bonds, to the rapidly growing local government bond market. It also covers bond futures, green bonds, and asset-backed securities, as well as China’s offshore market, which has played a major role in onshore market development.

China 2049

Author: David Dollar
Publisher: Brookings Institution Press
ISBN: 0815738064
Category : Political Science
Languages : en
Pages : 444

Book Description
How will China reform its economy as it aspires to become the next economic superpower? It's clear that China is the world's next economic superpower. But what isn't so clear is how China will get there by the middle of this century. It now faces tremendous challenges such as fostering innovation, dealing with ageing problem and coping with a less accommodative global environment. In this book, economists from China's leading university and America's best-known think tank offer in depth analyses of these challenges. Does China have enough talent and right policy and institutional mix to transit from input-driven to innovation-driven economy? What does ageing mean, in terms of labor supply, consumption demand and social welfare expenditure? Can China contain the environmental and climate change risks? How should the financial system be transformed in order to continuously support economic growth and keep financial risks under control? What fiscal reforms are required in order to balance between economic efficiency and social harmony? What roles should the state-owned enterprises play in the future Chinese economy? In addition, how will technological competition between the United States and China affect each country's development? Will the Chinese yuan emerge as a major reserve currency, and would this destabilize the international financial system? What will be China's role in the international economic institutions? And will the United States and other established powers accept a growing role for China and the rest of the developing world in the governance of global institutions such as the World Trade Organization and the International Monetary Fund, or will the world devolve into competing blocs? This book provides unique insights into independent analyses and policy recommendations by a group of top Chinese and American scholars. Whether China succeeds or fails in economic reform will have a large impact, not just on China's development, but also on stability and prosperity for the whole world.

China's Past, China's Future

Author: Vaclav Smil
Publisher: Routledge
ISBN: 1134377681
Category : History
Languages : en
Pages : 497

Book Description
China has a population of 1.3 billion people which puts strain on her natural resources. This volume, by one of the leading scholars on the earth's biosphere, is the result of a lifetime of study, and provides the fullest account yet of the environmental challenges that China faces. The author examines China's energy resources, their uses, impacts and prospects, from the 1970s oil crisis to the present day, before analysing the key question of how China can best produce enough food to feed its enormous population.

The Future of China-Russia Relations

Author: James A. Bellacqua
Publisher: University Press of Kentucky
ISBN: 081313935X
Category : History
Languages : en
Pages : 372

Book Description
Relations between China and Russia have evolved dramatically since their first diplomatic contact, particularly during the twentieth century. During the past decade China and Russia have made efforts to strengthen bilateral ties and improve cooperation on a number of diplomatic fronts. The People's Republic of China and the Russian Federation maintain exceptionally close and friendly relations, strong geopolitical and regional cooperation, and significant levels of trade. In The Future of China-Russia Relations, scholars from around the world explore the current state of the relationship between the two powers and assess the prospects for future cooperation and possible tensions in the new century. The contributors examine Russian and Chinese perspectives on a wide range of issues, including security, political relationships, economic interactions, and defense ties. This collection explores the energy courtship between the two nations and analyzes their interests and policies regarding Central Asia, the Korean Peninsula, and Taiwan.

The River Runs Black

Author: Elizabeth C. Economy
Publisher: Cornell University Press
ISBN: 0801459443
Category : History
Languages : en
Pages : 354

Book Description
China's spectacular economic growth over the past two decades has dramatically depleted the country's natural resources and produced skyrocketing rates of pollution. Environmental degradation in China has also contributed to significant public health problems, mass migration, economic loss, and social unrest. In The River Runs Black, Elizabeth C. Economy examines China's growing environmental crisis and its implications for the country's future development. Drawing on historical research, case studies, and interviews with officials, scholars, and activists in China, the author traces the economic and political roots of China's environmental challenge and the evolution of the leadership's response. She argues that China's current approach to environmental protection mirrors the one embraced for economic development: devolving authority to local officials, opening the door to private actors, and inviting participation from the international community, while retaining only weak central control. The result has been a patchwork of environmental protection in which a few wealthy regions with strong leaders and international ties improve their local environments, while most of the country continues to deteriorate, sometimes suffering irrevocable damage. Economy compares China's response with the experience of other societies and sketches out several possible futures for the country. This second edition is updated with information about events during the past five years, covering China's tumultuous transformation of its economy and its landscape as it deals with the political implications of this behavior as viewed by an international community ever more concerned about climate change and dwindling energy resources.

Cracking the China Conundrum

Author: Yukon Huang
Publisher: Oxford University Press
ISBN: 0190630043
Category : Business & Economics
Languages : en
Pages : 289

Book Description
China's rise is altering global power relations, reshaping economic debates, and commanding tremendous public attention. Despite extensive media and academic scrutiny, the conventional wisdom about China's economy is often wrong. Cracking the China Conundrum provides a holistic and contrarian view of China's major economic, political, and foreign policy issues. Yukon Huang trenchantly addresses widely accepted yet misguided views in the analysis of China's economy. He examines arguments about the causes and effects of China's possible debt and property market bubbles, trade and investment relations with the Western world, the links between corruption and political liberalization in a growing economy and Beijing's more assertive foreign policies. Huang explains that such misconceptions arise in part because China's economic system is unprecedented in many ways-namely because it's driven by both the market and state- which complicates the task of designing accurate and adaptable analysis and research. Further, China's size, regional diversity, and uniquely decentralized administrative system poses difficulties for making generalizations and comparisons from micro to macro levels when trying to interpret China's economic state accurately. This book not only interprets the ideologies that experts continue building misguided theories upon, but also examines the contributing factors to this puzzle. Cracking the China Conundrum provides an enlightening and corrective viewpoint on several major economic and political foreign policy concerns currently shaping China's economic environment.

China's Futures

Author: Daniel C. Lynch
Publisher: Stanford University Press
ISBN: 0804794375
Category : Political Science
Languages : en
Pages : 351

Book Description
China's Futures cuts through the sometimes confounding and unfounded speculation of international pundits and commentators to provide readers with an important yet overlooked set of complex views concerning China's future: views originating within China itself. Daniel Lynch seeks to answer the simple but rarely asked question: how do China's own leaders and other elite figures assess their country's future? Many Western social scientists, business leaders, journalists, technocrats, analysts, and policymakers convey confident predictions about the future of China's rise. Every day, the business, political, and even entertainment news is filled with stories and commentary not only on what is happening in China now, but also what Western experts confidently think will happen in the future. Typically missing from these accounts is how people of power and influence in China itself imagine their country's developmental course. Yet the assessments of elites in a still super-authoritarian country like China should make a critical difference in what the national trajectory eventually becomes. In China's Futures, Lynch traces the varying possible national trajectories based on how China's own specialists are evaluating their country's current course, and his book is the first to assess the strengths and weaknesses of "predictioneering" in Western social science as applied to China. It does so by examining Chinese debates in five critical issue-areas concerning China's trajectory: the economy, domestic political processes and institutions, communication and the Internet (arrival of the "network society"), foreign policy strategy, and international soft-power (cultural) competition.

Contest for the Indo-Pacific

Author: Rory Medcalf
Publisher: La Trobe University Press
ISBN: 1743821042
Category : Political Science
Languages : en
Pages : 363

Book Description
The definitive guide to the world's most contested region Updated edition covering the strategic impacts of Covid-19, China's economic coercion against Australia, the Afghanistan withdrawal, Joe Biden, the Quad and US-China rivalry. The Indo-Pacific is both a place and an idea. It is the region central to global prosperity and security. It is also a metaphor for collective action. If diplomacy fails, it will be the theatre of the first general war since 1945. But if its future can be secured, the Indo-Pacific will flourish as a shared space, the centre of gravity in a connected world. What we call different parts of the world - Asia, Europe, the Middle East - seems innocuous. But the name of a region is totemic- a mental map that guides the decisions of leaders and the story of international order, war and peace. In recent years, the label 'Indo-Pacific' has gained wide use, including among the leaders of the United States, India, Japan, Australia, Indonesia and France. But what does it really mean? Written by a recognised expert and regional policy insider, Contest for the Indo-Pacific is the definitive guide to tensions in the region. It deftly weaves together history, geopolitics, cartography, military strategy, economics, games and propaganda to address a vital question- how can China's dominance be prevented without war? 'The complexities of our region can easily bewilder those used to the Manichaean simplicity of the Cold War. Rory Medcalf's book is an elegant, keenly insightful tour of the Indo-Pacific's strategic horizon.' -Malcolm Turnbull

Supertrends of Future China

Author: James K. Yuann
Publisher: World Scientific
ISBN: 9812814396
Category : Business & Economics
Languages : en
Pages : 309

Book Description
The Beijing Olympics in 2008 marks the beginning of an era of new business opportunities in China for 1.3 billion Chinese and the rest of the world. For investors, marketers, and businesspeople who want to understand the new drivers and business chances of the Chinese economy, Supertrends of Future China is the definitive guidebook. The authors ? two experts with decades of experience in Asia and both corporate and entrepreneurial track records ? introduce readers to China's ten supertrends: Value-adding and Innovating, Urbanizing and Servicing, Consuming and Aspiring, Inter-networking and e-Commercializing, Affluencing and Greening. These supertrends form the foundations of the best opportunities in the manufacturing, service, lifestyle, e-Commerce, telecommunications, finance, and environment industries during China's Olympic Decade.This complete book of new China opportunities presents the latest information and analysis from a positive and objective angle, focusing on the potential for business success rather than finger-pointing and fear-mongering. Written by businesspeople for businesspeople, it is an essential book for anybody doing business, investing, or working in China. It will also appeal to general readers interested in China's social, economic, and environmental development.