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China's Centralized Industrial Order

China's Centralized Industrial Order
Author: Chen Li
Publisher: Routledge
Total Pages: 243
Release: 2014-11-13
Genre: Business & Economics
ISBN: 1317910540
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This book is about the political economy of China’s industrial reform and the rise of a group of Chinese big businesses under the Communist Party and the central state’s control. It examines the origins, evolution and institutional configuration of this centralized system in governing the ‘commanding heights’ of the Chinese industrial economy. Shaped by persistent industrial policies to develop China’s ‘national champions’ enterprises, the core parts of China’s central industrial ministries and mono-bank system have been transformed into a ‘national team’ of giant modern business firms in industries such as oil, power generation, telecommunications, aerospace, aviation, nuclear, shipbuilding, mining, construction, automobile and banking. Through an adaptive process of learning, experimentation and restructuring, the bedrock of the authority relations and control mechanisms among the Party, government bureaucracy and firms has been consolidated rather than dismantled in the system’s transformation. This alternative view of China’s industrial reform presents a direct challenge to the neo-liberal transition model of China’s institutional development and the mainstream Western conceptions of Chinese big business.

China's Centralized Industrial Order

China's Centralized Industrial Order
Author: Chen Li
Publisher: Routledge
Total Pages: 227
Release: 2014-11-13
Genre: Business & Economics
ISBN: 1317910559
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This book is about the political economy of China’s industrial reform and the rise of a group of Chinese big businesses under the Communist Party and the central state’s control. It examines the origins, evolution and institutional configuration of this centralized system in governing the ‘commanding heights’ of the Chinese industrial economy. Shaped by persistent industrial policies to develop China’s ‘national champions’ enterprises, the core parts of China’s central industrial ministries and mono-bank system have been transformed into a ‘national team’ of giant modern business firms in industries such as oil, power generation, telecommunications, aerospace, aviation, nuclear, shipbuilding, mining, construction, automobile and banking. Through an adaptive process of learning, experimentation and restructuring, the bedrock of the authority relations and control mechanisms among the Party, government bureaucracy and firms has been consolidated rather than dismantled in the system’s transformation. This alternative view of China’s industrial reform presents a direct challenge to the neo-liberal transition model of China’s institutional development and the mainstream Western conceptions of Chinese big business.

China's Industrial Reform and Open-door Policy 1980-1997: A Case Study from Xiamen

China's Industrial Reform and Open-door Policy 1980-1997: A Case Study from Xiamen
Author: Qi Luo
Publisher: Routledge
Total Pages: 146
Release: 2017-09-08
Genre: Social Science
ISBN: 1351735160
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This title was first published in 2001. The 1980s and 1990s were not only a period in which many developing countries adopted a series of major economic policy reforms, but also an era in which all socialist countries undertook varying degrees of radical reforms in their Soviet-style central-planning economic management systems. This volume examines the performance of China's industrial reform and open-door policy during the period of 1980-1997 through conducting a case study on one of its Special Economic Zones (SEZs), Xiamen. It adopts an analytical approach - examining Xiamen's performance from the perspective of three important interactions: between the country's general economic reform policies and the Special Policy implemented in the SEZs; between the Xiamen SEZ and the vast Chinese hinterland; and between foreign (especially Taiwanese) direct investment and local industrial transformation.

The Coming Collapse of China

The Coming Collapse of China
Author: Gordon G. Chang
Publisher: Random House
Total Pages: 368
Release: 2001-09-15
Genre: Business & Economics
ISBN: 1588360210
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China is hot. The world sees a glorious future for this sleeping giant, three times larger than the United States, predicting it will blossom into the world's biggest economy by 2010. According to Chang, however, a Chinese-American lawyer and China specialist, the People's Republic is a paper dragon. Peer beneath the veneer of modernization since Mao's death, and the symptoms of decay are everywhere: Deflation grips the economy, state-owned enterprises are failing, banks are hopelessly insolvent, foreign investment continues to decline, and Communist party corruption eats away at the fabric of society. Beijing's cautious reforms have left the country stuck midway between communism and capitalism, Chang writes. With its impending World Trade Organization membership, for the first time China will be forced to open itself to foreign competition, which will shake the country to its foundations. Economic failure will be followed by government collapse. Covering subjects from party politics to the Falun Gong to the government's insupportable position on Taiwan, Chang presents a thorough and very chilling overview of China's present and not-so-distant future.

China's Industrial Reform

China's Industrial Reform
Author: Gene Tidrick
Publisher: World Bank
Total Pages: 400
Release: 1987
Genre: Business & Economics
ISBN: 9780195205923
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Containing important implications for socialist and other developing countries, this book uses newly-acquired data to analyze China's far-reaching industrial reforms, looks at Hungary's reforms, and compares Chinese and Soviet systems.

The Long Game

The Long Game
Author: Rush Doshi
Publisher: Oxford University Press
Total Pages: 433
Release: 2021-06-11
Genre: Political Science
ISBN: 0197527876
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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.

Industrial Change in China

Industrial Change in China
Author: Kate Hannan
Publisher: Routledge
Total Pages: 214
Release: 2012-10-12
Genre: Political Science
ISBN: 1134716354
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This book analyses the industrial reform measures taken by the Chinese government during the decade 1985-95 and identifies the economic and political tensions and contradictions that state enterprise reform has presented to a leadership intent on maintaining its authoritative political position. Using government sources and interviews with economists and workers at one of China's largest state-owned enterprises (The Second Automobile/Dongfeng corporation ), Hannan concludes that the relationship between state policy and enterprise is a complex two-way process characterised by tensions resulting from conflicting priorities.

Varieties of State Regulation

Varieties of State Regulation
Author: Yukyung Yeo
Publisher: BRILL
Total Pages: 218
Release: 2022-03-07
Genre: Political Science
ISBN: 1684176247
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In Varieties of State Regulation, Yukyung Yeo explores how, despite China’s increasing integration into the global market, the Chinese central party-state continues to oversee the most strategic sectors of its economy. Since the 1990s, as major state firms were spun off from the ministries that managed them under the central planning system, the nature of the state in governing the economy has been remarkably transformed into that of a regulator. Based on over a hundred interviews conducted with Chinese central and local officials, firms, scholars, journalists, and consultants, the book demonstrates that the form of central state control varies considerably across leading industrial sectors, depending on the dominant mode of state ownership, conception of control, and governing structure. By analyzing and comparing institutional dynamics across various sectors, Yeo explains variations in the pattern of China’s regulation of its economy. She contrasts the regulation of the automobile industry, a relatively decentralized sector, with the highly-centralized telecommunications industry, and demonstrates how China’s central party-state maintains regulatory authority over key local state-owned enterprises. Placing these findings in historical and comparative contexts, the book presents the evolution and current practice of state regulation in China and examines its compatibility with other contemporary government practices.

China's Economy

China's Economy
Author: Arthur R. Kroeber
Publisher: Oxford University Press
Total Pages: 320
Release: 2020-06-05
Genre: Business & Economics
ISBN: 0190946490
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China's economic growth has been revolutionary, and is the foundation of its increasingly prominent role in world affairs. It is the world's second biggest economy, the largest manufacturing and trading nation, the consumer of half the world's steel and coal, the biggest source of international tourists, and one of the most influential investors in developing countries from southeast Asia to Africa to Latin America. Multinational companies make billions of dollars in profits in China each year, while traders around the world shudder at every gyration of the country's unruly stock markets. Perhaps paradoxically, its capitalist economy is governed by an authoritarian Communist Party that shows no sign of loosening its grip. China is frequently in the news, whether because of trade disputes, the challenges of its Belt and Road initiative for global infrastructure, or its increasing military strength. China's political and technological challenges, created by a country whose political system and values differ dramatically from most of the other major world economies, creates uncertainty and even fear. China's Economy: What Everyone Needs to Know® is a concise introduction to the most astonishing economic and political story of the last three decades. Arthur Kroeber enhances our understanding of China's changes and their implications. Among the essential questions he answers are: How did China grow so fast for so long? Can it keep growing and still solve its problems of environmental damage, fast-rising debt and rampant corruption? How long can its vibrant economy co-exist with the repressive one-party state? How do China's changes affect the rest of the world? This thoroughly revised and updated second edition includes a comprehensive discussion of the origins and development of the US-China strategic rivalry, including Trump's trade war and the race for technological supremacy. It also explores the recent changes in China's political system, reflecting Xi Jinping's emergence as the most powerful leader since Mao Zedong. It includes insights on changes in China's financial sector, covering the rise and fall of the shadow banking sector, and China's increasing integration with global financial markets. And it covers China's rapid technological development and the rise of its global Internet champions such as Alibaba and Tencent.