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China 2049

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China 2049

China 2049 Book
Author : David Dollar,Yiping Huang,Yang Yao
Publisher : Brookings Institution Press
Release : 2020-06-09
ISBN : 0815738064
File Size : 48,6 Mb
Language : En, Es, Fr and De

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Book Summary :

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 Economy Towards 2049

China   s Economy  Towards 2049 Book
Author : Chenyi Yu
Publisher : Springer Nature
Release : 2020-10-20
ISBN : 9811592276
File Size : 24,7 Mb
Language : En, Es, Fr and De

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Book Summary :

This book is a faithful record of China’s economy that spans almost 70 years. Starting from 1949, it portrays in a panoramic picture how the economy has developed over these decades. From the initial restoration and retrenchment, to the great leap outward that resulted in the two phases of economic reform; from its accession to the WTO to the unprecedented process of urbanization, the book uses four chapters to depict in a chronological order how China becomes what it is today. For scholars on modern Chinese economy, this book offers a detailed account of a wide range of events that happened during clearly-divided time periods. On this basis, they can deepen their research on different individual subjects. Teachers of universities and colleges may use this book as a reference when preparing relevant courses. For economics majors, this book is a key that helps them clarify important issues. Learners who are interested in knowing more about China, especially the dramatic changes that have taken place in its economic scene, can equally acquire the needed facts and figures.

One Belt One Road

One Belt One Road Book
Author : Michael H. Glantz
Publisher : Unknown
Release : 2019-04-08
ISBN : 9781896559476
File Size : 20,5 Mb
Language : En, Es, Fr and De

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Book Summary :

This book provides a brief overview of China's "One Belt One Road" Initiative (OBOR), now officially re-labeled the BRI (Belt and Road Initiative). Looking back from the vantage point of 2019 to 2013, when OBOR was first announced as China's new international infrastructure and trade initiative, OBOR/BRI has proven to be nothing less than an eye-catching program to assist developing countries in need of financing for sorely-needed infrastructure to achieve their economic development goals. Today, more than 70 countries and organizations are involved in the OBOR/BRI enterprise. Each one of these appears to have its own interesting story to tell related to China's support for its infrastructure projects including but not limited to pipelines, high-speed and other rail lines, communications networks, roads, deep-water and air ports, energy grids and inland transport and cargo hubs. China supplies developing countries with the access to loans, construction materials and workers. OBOR/BRI is sold by China as a win-win(-win) situation in which China and the loan recipient benefit economically (with the third win representing peace). The already rapid growth rate of China's OBOR received an unanticipated major boost when Donald Trump was elected US President in November 2016 and took office in mid-January 2017. Trump's campaign rhetoric and ensuing policies exposed his support for American isolationism as reflected in his campaign slogan "America First." Since his inauguration, the US has aggressively, intentionally, and incrementally embarked on abandoning its global leadership position and commitments, which it had held since the end of WWII. China through its OBOR has since taken advantage of the geopolitical vacuum created by America's self-imposed abdication not only from its global leadership status but from long-standing regional alliances and trade agreements as well. Although each region, country or project mentioned in this book merits its own book-length, in-depth attention, here we highlight OBOR's geographic and functional stealth-like expansion around the globe on land, sea and in space. An extensive reference list is provided to enable readers to pursue various OBOR/BRI-related topics of interest. The potential biases of various observers notwithstanding, there are challenging issues raised about the long-term sustainability of the OBOR/BRI. As the OBOR/BRI matures, questions about its economic viability are increasingly being raised. The issues raised by these questions and concerns should identify lessons that need to be learned both by China (governments, banks and companies) and by prospective OBOR/BRI partners. Fears of debt-trap diplomacy are but one example. Most recently, articles are appearing that question whether such an ambitious global infrastructure development initiative is really viable in the long run. While China can control its actions and what it chooses to invest in to meet a wide range of its objectives, there are intervening factors over which it has little to no control. China's ability to provide loans to developing economies can be reduced by happenings in the global economy, whether a trade war with the US, a downturn in its economy, or an economic inability of people around the globe to buy its goods and services. One Belt One Road: China's Long March to 2049 is the first book to explore both the scope and detail of this transformation of the global balance of power, as seen through the lens of OBOR/BRI.

The Hundred Year Marathon

The Hundred Year Marathon Book
Author : Michael Pillsbury
Publisher : Henry Holt and Company
Release : 2015-02-03
ISBN : 162779011X
File Size : 21,9 Mb
Language : En, Es, Fr and De

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Book Summary :

One of the U.S. government's leading China experts reveals the hidden strategy fueling that country's rise – and how Americans have been seduced into helping China overtake us as the world's leading superpower. For more than forty years, the United States has played an indispensable role helping the Chinese government build a booming economy, develop its scientific and military capabilities, and take its place on the world stage, in the belief that China's rise will bring us cooperation, diplomacy, and free trade. But what if the "China Dream" is to replace us, just as America replaced the British Empire, without firing a shot? Based on interviews with Chinese defectors and newly declassified, previously undisclosed national security documents, The Hundred-Year Marathon reveals China's secret strategy to supplant the United States as the world's dominant power, and to do so by 2049, the one-hundredth anniversary of the founding of the People's Republic. Michael Pillsbury, a fluent Mandarin speaker who has served in senior national security positions in the U.S. government since the days of Richard Nixon and Henry Kissinger, draws on his decades of contact with the "hawks" in China's military and intelligence agencies and translates their documents, speeches, and books to show how the teachings of traditional Chinese statecraft underpin their actions. He offers an inside look at how the Chinese really view America and its leaders – as barbarians who will be the architects of their own demise. Pillsbury also explains how the U.S. government has helped – sometimes unwittingly and sometimes deliberately – to make this "China Dream" come true, and he calls for the United States to implement a new, more competitive strategy toward China as it really is, and not as we might wish it to be. The Hundred-Year Marathon is a wake-up call as we face the greatest national security challenge of the twenty-first century.

The Digital Financial Revolution in China

The Digital Financial Revolution in China Book
Author : David Dollar,Yiping Huang
Publisher : Brookings Institution Press
Release : 2022-05-10
ISBN : 0815739567
File Size : 32,8 Mb
Language : En, Es, Fr and De

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Book Summary :

Describing how China is in the lead in transforming finance for the digital age China has been at the forefront of one of the most important revolutions in contemporary business practices: the rapid growth of digital finance. From mobile payments to online investment, from Big Tech lending to digital insurance, and from open banking to central bank digital currency, China has been among the most advanced—sometimes the most advanced—of the major economies in adopting technologies that are changing both the financial system and the lives of millions of people. China has been especially far-sighted in promoting financial inclusion—offering financial services for the first time to people regardless of their location, job status, or income. This book is the product of a joint research project between economists at the National School of Development, especially the affiliated Institute of Digital Finance, at Peking University and at the Brookings Institution. It investigates the impact of financial technology on job creation, income distribution, and consumer welfare in China. It also examines larger systemic issues such as monetary policy, stability of the banking sector, and international trade and payments. With a primary focus on the development of digital finance in China, most of the contributions are from Chinese economists. But the volume also considers implications for the rest of the world in several chapters written by international economists from Brookings. The depth and breadth of the descriptions and analysis in this ground-breaking book will appeal to scholars of China, finance professionals, and policymakers around the globe.

Chinese Maritime Power in the 21st Century

Chinese Maritime Power in the 21st Century Book
Author : Hu Bo
Publisher : Routledge
Release : 2019-08-23
ISBN : 1000576604
File Size : 26,8 Mb
Language : En, Es, Fr and De

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Book Summary :

This book analyses China’s maritime strategy for the 21st century, integrating strategic planning, policy thinking and strategic prediction. This book explains the construction and application of China's military, political, economic and diplomatic means for building maritime power, and predicts the future of China's maritime power by 2049, as well as development trends in global maritime politics. It explores both the strengths and the limitations of President Xi’s ‘Maritime Dream’ and provides a candid assessment of the likely future balance at sea between China and the United States. This volume explains and discusses China’s claims and intentions in the East and South China Seas and makes some recommendations for China's future policy that will lessen the chance of conflict with the United States and its closer neighbors. This book will be of much interest to students of maritime strategy, naval studies, Chinese politics and International Relations in general.

The Uniqueness of China s Development Model 1842 2049

The Uniqueness of China s Development Model  1842   2049 Book
Author : Kwok-wah Yip
Publisher : World Scientific
Release : 2012-07-25
ISBN : 9814397792
File Size : 29,5 Mb
Language : En, Es, Fr and De

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Book Summary :

The book discusses the development model of China which has now overtaken Japan as the world's second largest economy. This remarkable economic achievement has not followed the Western world's favorite developmental tools — of freedom, democracy and a market driven economy, but rather China's unique model — of one-party authoritarian rule with a mixed economy. The Middle Kingdom's way of development has largely questioned the West's core values — freedom and democracy. The book argues that the model is based on the country's 3,000-year-old civilization, forged by the efforts, innovations, trial and error process of several recent generations, and guided by the Chinese Communist Party in the past 60 years. Sample Chapter(s) Chapter 1: Understanding the China Model (119 KB) Contents: Understanding the China ModelPerspectives on the China ModelA Comprehensive Discussion on the China Model (1)A Comprehensive Discussion on the China Model (2)The Social Structure of the China ModelThe Economic Structure of the China ModelPolitical Structure of the China ModelThe Future of the China Model and Its Impact Readership: Undergraduates, graduates, researchers and general public who are interested in China's development model such as China's social structure, economic structure and political structure etc. Keywords:China Model;China's Development Path;China's Future;China's Rise;China–US Relations;China And The West;China's Challenges;International RelationsKey Features:The book looks at some key issues of China's development model whose outcome will come to determine the world's future in the next millenniumThe author has a unique and long-term perspective of China's developmentSince participating in pro-Communist activities in Hong Kong in high school years in the 1950s, the author has witnessed various stages of China's development, often with personal involvement in business, social and in political affairs in the Mainland, Hong Kong and Taiwan. Thus he has gained intimate knowledge about various aspects of China in the form of numerous anecdotes and insights presented in this book

The Long Game

The Long Game Book
Author : Rush Doshi
Publisher : Oxford University Press
Release : 2021-06-11
ISBN : 0197527876
File Size : 52,8 Mb
Language : En, Es, Fr and De

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Book Summary :

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.