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Chinas Economy In The Post Wto Environment
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Book Synopsis China's Economy in the Post-Wto Environment by : Lilai Xu
Download or read book China's Economy in the Post-Wto Environment written by Lilai Xu and published by Edward Elgar Publishing. This book was released on 2011-10-01 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: China s Economy in the Post-WTO Environment comprises a set of concise and comprehensive chapters by leading specialists on the Chinese economy. The book explores the implications of both the extension of the market into key parts of the Chinese economy and the integration of China into the global economy. The main focus of the book is on the role and nature of China s financial system and its ability to transform enterprise and household behaviour and the performance of investment finance, notably in the context of a two-way flow of foreign direct investment. All the extensive chapters highlight the issue of sustainability some see the incompleteness of market reform as a problem; others are more willing to accept a pragmatic blending of the operation of the free market and government intervention. Containing up-to-the-minute data, this book will appeal to academic researchers who are engaged in research, as well as teaching and learning, in the fields of business studies, the Chinese economy, international business and Asia-Pacific economies. Academics and students in economics and business and business people who have an interest in China will also find much to interest them in this unique book.
Book Synopsis China's Integration with the Global Economy by : Chunlai Chen
Download or read book China's Integration with the Global Economy written by Chunlai Chen and published by Edward Elgar Publishing. This book was released on 2009-01-01 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive collection provides a remarkable wealth of information and a timely assessment of China's economic development and integration with the global economy after WTO accession. Chunlai Chen brings together a distinguished group of scholars who employ economic theories, econometric modelling techniques and the latest statistics to analyze many important issues. These hotly debated topics include China's economic growth, international trade, regional trade arrangements, foreign direct investment, banking sector liberalization, exchange rate reform, agricultural trade and energy demand. Aimed at an international audience, this highly focused book will be of great benefit to academics and postgraduate students involved in Chinese economy and business studies, as well as researchers in international trade and foreign investment.--Publisher.
Book Synopsis Post-WTO economic effects on state-owned enterprises in China by : Ben Beiske
Download or read book Post-WTO economic effects on state-owned enterprises in China written by Ben Beiske and published by GRIN Verlag. This book was released on 2003-10-08 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2003 in the subject Business economics - Economic Policy, University of Manchester (Manchester School of Management), language: English, abstract: The importance of the World Trade Organisation (WTO) for international free trade today has enticed China to join the WTO in December 2001. The significance of WTO membership for China cannot be underestimated, inevitably speeding up much-needed economic reform in the country. The gradual transition from a planned- to a market-economy is expected to continue in the future. The severity of the impacts for the economy will depend on how successful China is in providing policies that will assist the nation in the major adjustment problems that it faces in the future. The expected, actual, and needed implications for China’s state-owned enterprises (SOEs) resulting from WTO membership will be investigated in detail; in the process, the significance of SOEs to the Chinese economy will be highlighted. SOEs are mostly ill- prepared for a post-WTO China, and the dismal state of these companies has already led to the decline of market share in the past decade. For the future, the retreat of the state is likely to continue. The main implications for SOEs from China’s WTO membership are seen in the areas of competitiveness, corporate governance, privatisation, mergers and acquisitions, property rights, unemployment, and attracting and retaining qualified personnel. This dissertation offers one of the most detailed insights into the challenges facing China’s SOEs and the implications of China’s WTO membership for these companies, while also highlighting the areas that require future attention. The understanding of the role and meaning of SOEs for the Chinese economy is of immense importance for foreign investors wanting to invest in the country, already cooperating with China’s SOEs, or looking into the possibility of such.
Book Synopsis The difficulties surrounding China's accession to the World Trade Organisation, and the likely impacts on China’s economy in post-WTO China by : Ben Beiske
Download or read book The difficulties surrounding China's accession to the World Trade Organisation, and the likely impacts on China’s economy in post-WTO China written by Ben Beiske and published by GRIN Verlag. This book was released on 2003-07-17 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2003 in the subject Politics - International Politics - Topic: International Organisations, grade: 1.6 (A), University of Manchester (Manchester School of Management), course: Manchester School of Management, language: English, abstract: What were the difficulties surrounding China’s accession to the World Trade Organisation (WTO)? Why has it taken the People’s Republic of China (PRC) over 15 years to join? What are the expected benefits and disadvantages of joining? What changes is WTO membership likely to bring to China’s economy in the future? These are the question this paper will address. WTO accession by China is often seen as the most significant event about China in the last decade, even ahead of the Taiwan Independence issue, which continues to penetrate world news periodically. Since the end of the Cultural Revolution in 1978, China has been on a course of economic reform. Today, Chinese are richer than ever before in history, with the country itself having experienced extended periods of extraordinary growth. Specifically, this report will highlight China’s first attempts to join the WTO more than 15 years ago in chapter two. Chapter three will focus on the main areas of difficulty surrounding WTO accession, while chapter four will comment on the final accession in December 2001. The expected economic advantages and disadvantages for China will be discussed in chapter five; finally, chapter six will offer a brief future outlook for China, again mainly from an economic perspective.
Book Synopsis China's Post-Reform Economy - Achieving Harmony, Sustaining Growth by : Richard Sanders
Download or read book China's Post-Reform Economy - Achieving Harmony, Sustaining Growth written by Richard Sanders and published by Routledge. This book was released on 2007-12-11 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the very latest issues relating to China's remarkable economic growth. It provides comprehensive coverage of them, including economic, political-economic, environmental and philosophical questions.
Book Synopsis Economic Impacts of China's Accession to the World Trade Organization by : Elena Ianchovichina
Download or read book Economic Impacts of China's Accession to the World Trade Organization written by Elena Ianchovichina and published by World Bank Publications. This book was released on with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: 1 billion) and trade reforms after accession will lead to additional gains of around : Ianchovichina and Martin present estimates of the impact of accession by China and Chinese Taipei to the World Trade Organization. China is estimated to be the biggest beneficiary, followed by Chinese Taipei and their major trading partners. Accession will boost the labor-intensive manufacturing sectors in China, especially the textiles and apparel sector that will benefit directly from the removal of quotas on textiles and apparel exports to North America and Western Europe. Consequently, developing economies competing with China in third markets may suffer relatively small losses. China has already benefited from the reforms undertaken between 1995 and 2001 (US.
Book Synopsis The Chinese Economy after WTO Accession by : Shuanglin Lin
Download or read book The Chinese Economy after WTO Accession written by Shuanglin Lin and published by Routledge. This book was released on 2016-03-23 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an analysis of the Chinese economy in the context of globalization after China's admission to the WTO. In four parts it addresses globalization, privatization, fiscal policy and financial development. In depth analysis is also given to international trade, industrial development as well as economic performance and the labour market. The Chinese Economy after WTO Accession is a comprehensive study supported by recent data and quantitative analysis. It provides a solid basis for better understanding the possible future directions of China's economy. This volume is an indispensable source for scholars and students alike.
Book Synopsis China's Growth Pattern Post-WTO Accession by : Manoj Kumar
Download or read book China's Growth Pattern Post-WTO Accession written by Manoj Kumar and published by . This book was released on 2023-04 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's growth pattern post-WTO accession, which occurred in 2001, has been characterized by a rapid expansion of its export-oriented economy. The accession to the World Trade Organization (WTO) was a crucial step for China to further integrate into the global economy and take advantage of the opportunities provided by the world trading system. Following the WTO accession, China experienced a significant increase in foreign direct investment (FDI), as many multinational corporations sought to take advantage of China's low-cost labor and vast market potential. This influx of FDI helped to spur economic growth and modernization in China, particularly in the coastal regions that were designated as Special Economic Zones (SEZs). China's accession to the WTO also led to increased competition, which forced Chinese firms to improve their efficiency and competitiveness in order to maintain their market share. This competition, combined with the government's efforts to promote innovation and technological upgrading, has resulted in the emergence of a number of world-class Chinese firms in industries such as electronics, telecommunications, and renewable energy. Overall, China's growth pattern post-WTO accession has been marked by a shift from a primarily agricultural and low-tech manufacturing economy to a more diversified, service-based economy that is increasingly driven by innovation and technology. However, the country still faces challenges such as income inequality, environmental degradation, and the need to reform its state-owned enterprises.
Book Synopsis Wto Accession and Socio-Economic Development in China by : Parikshit Basu
Download or read book Wto Accession and Socio-Economic Development in China written by Parikshit Basu and published by Elsevier. This book was released on 2009-06-15 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reviews how China’s accession to the WTO has impacted upon its education, environment, economic and social outcomes in recent years. It has been argued that China’s rapid growth in output and exports and subsequent accession to WTO has significantly increased income and therefore the well-being of the Chinese population. However, doubts are now being raised that higher income is generated at the cost of deteriorating environmental and social standards which has increasingly affected the health of the Chinese people, especially those who live in major industrial cities. Also, there is a widespread perception that its accession to WTO has significantly increased social shocks, especially among the farming community, and contributed to poor health outcomes among the rural population. These issues are critically analysed in this book by experienced academics from China and Australia. Includes contributions from Australian and Chinese scholars and thus, brings together ideas and suggestions from a broad range of perspectives Analyses China’s socio-economic challenges from a multi-dimensional focus A very useful reference in WTO issues in general and China in particular
Book Synopsis China and the Challenge of Economic Globalization by : Hung-Gay Fung
Download or read book China and the Challenge of Economic Globalization written by Hung-Gay Fung and published by Routledge. This book was released on 2017-07-28 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: China emerged as the largest recipient of foreign direct investment (FDI) and the fifth largest trading nation in the world in 2002. China’s entry into the World Trade Organization (WTO) represents a huge stride forward in its reform efforts. These reforms include liberalization and modernization of China’s economy (in industrial, services, and agricultural sectors) and trading activities. China’s growing economy, its international trade, and its large inward FDI have significantly affected the growth of global trade, the distribution of global direct investments, and the pace of expansion of global output. There is no other country in history, as a WTO member, to have achieved such expansion in a comparable time period. China is expected to be influential in future rounds of WTO trade negotiations. As the only major trading nation that is not classified as an advanced industrial economy, China is bringing an unparalleled perspective to the negotiations and exerting its power on matters important to its trade. China, as a new WTO member, is posing momentous opportunities and challenges to the United States and other countries. A study of the Chinese economy after entering the WTO should be of importance to practitioners, scholars, and policymakers because of China’s vast size, its rapid growth in foreign trade and FDI inflows, and the unprecedented speed of its integration into the world economy. The high quality of the chapters within this volume and their authors’ expertise unite to make this book a most timely contribution to our understanding of China’s rapidly changing economy and its transformation toward globalization after entering the WTO. This volume is divided into four parts. The first part deals with economic performance after China’s accession to the World Trade Organization. The second part relates to the WTO and China’s economic welfare. The third part deals with China’s financial reforms and capital markets, and the last part discusses China’s industrial and agricultural development. In total, we have eighteen chapters that will shed light on the Chinese economy and the challenges posed by WTO membership.
Download or read book China written by Mengkui Wang and published by . This book was released on 2002 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: 本书以英文的形式介绍了中国加入WTO与经济改革的有关内容。
Book Synopsis Economic Impacts of China's Accession to the World Trade Organization by : Elena Ianchovichina
Download or read book Economic Impacts of China's Accession to the World Trade Organization written by Elena Ianchovichina and published by World Bank Publications. This book was released on 2003 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: 1 billion) and trade reforms after accession will lead to additional gains of around : Ianchovichina and Martin present estimates of the impact of accession by China and Chinese Taipei to the World Trade Organization. China is estimated to be the biggest beneficiary, followed by Chinese Taipei and their major trading partners. Accession will boost the labor-intensive manufacturing sectors in China, especially the textiles and apparel sector that will benefit directly from the removal of quotas on textiles and apparel exports to North America and Western Europe. Consequently, developing economies competing with China in third markets may suffer relatively small losses. China has already benefited from the reforms undertaken between 1995 and 2001 (US.
Book Synopsis The Globalization of the Chinese Economy by : Shang-Jin Wei
Download or read book The Globalization of the Chinese Economy written by Shang-Jin Wei and published by Edward Elgar Publishing. This book was released on 2002 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: This forward-looking volume offers insights into the globalization of the Chinese economy and its accession to the WTO. The contributors provide updated accounts of recent developments in the Chinese economy and examines the implications of China's accession for the rest of the world. Firstly, the volume offers an overview of possible changes in industrial policies and analyzes new developments in some important sectors, including agriculture, telecommunications and automobiles. It addresses the key concerns in China regarding its entry into the WTO, such as whether the WTO membership will cause massive unemployment and/or exacerbate inequalities among regions. Finally, it evaluates the implications of increased trade and financial ties with China for the rest of the world, investigating the conditions facilitating foreign direct investment in China and assessing potential trade disputes as trade between China and the rest of the world grows. The Globalization of the Chinese Economy provides a comprehensive picture of the political, economic and social environment in China as a whole. It will be of particular interest to academics of Asian studies and international relations as well as policymakers in the US, China and other Western economies.
Book Synopsis China and the WTO by : Supachai Panitchpakdi
Download or read book China and the WTO written by Supachai Panitchpakdi and published by John Wiley & Sons. This book was released on 2002-01-25 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work analyses the implications for world trade of China's entry into the World Trade Organization. It has taken fifteen long years of dialogue and heated debate and it will take its place among the other members at the end of 2001. This momentous event is relayed by the next WTO Chairman.
Book Synopsis China's Growing Role in World Trade by : Robert C. Feenstra
Download or read book China's Growing Role in World Trade written by Robert C. Feenstra and published by University of Chicago Press. This book was released on 2010-03-10 with total page 603 pages. Available in PDF, EPUB and Kindle. Book excerpt: In less than three decades, China has grown from playing a negligible role in international trade to being one of the world's largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. Not surprisingly, China's economic dynamism has generated considerable attention and concern in the United States and beyond. While some analysts have warned of the potential pitfalls of China's rise—the loss of jobs, for example—others have highlighted the benefits of new market and investment opportunities for US firms. Bringing together an expert group of contributors, China's Growing Role in World Trade undertakes an empirical investigation of the effects of China's new status. The essays collected here provide detailed analyses of the microstructure of trade, the macroeconomic implications, sector-level issues, and foreign direct investment. This volume's careful examination of micro data in light of established economic theories clarifies a number of misconceptions, disproves some conventional wisdom, and documents data patterns that enhance our understanding of China's trade and what it may mean to the rest of the world.
Author :Congressional Research Service Publisher :Createspace Independent Publishing Platform ISBN 13 :9781976466953 Total Pages :52 pages Book Rating :4.4/5 (669 download)
Book Synopsis China's Economic Rise by : Congressional Research Service
Download or read book China's Economic Rise written by Congressional Research Service and published by Createspace Independent Publishing Platform. This book was released on 2017-09-17 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prior to the initiation of economic reforms and trade liberalization 36 years ago, China maintained policies that kept the economy very poor, stagnant, centrally-controlled, vastly inefficient, and relatively isolated from the global economy. Since opening up to foreign trade and investment and implementing free market reforms in 1979, China has been among the world's fastest-growing economies, with real annual gross domestic product (GDP) growth averaging nearly 10% through 2016. In recent years, China has emerged as a major global economic power. It is now the world's largest economy (on a purchasing power parity basis), manufacturer, merchandise trader, and holder of foreign exchange reserves.The global economic crisis that began in 2008 greatly affected China's economy. China's exports, imports, and foreign direct investment (FDI) inflows declined, GDP growth slowed, and millions of Chinese workers reportedly lost their jobs. The Chinese government responded by implementing a $586 billion economic stimulus package and loosening monetary policies to increase bank lending. Such policies enabled China to effectively weather the effects of the sharp global fall in demand for Chinese products, but may have contributed to overcapacity in several industries and increased debt by Chinese firms and local government. China's economy has slowed in recent years. Real GDP growth has slowed in each of the past six years, dropping from 10.6% in 2010 to 6.7% in 2016, and is projected to slow to 5.7% by 2022.The Chinese government has attempted to steer the economy to a "new normal" of slower, but more stable and sustainable, economic growth. Yet, concerns have deepened in recent years over the health of the Chinese economy. On August 11, 2015, the Chinese government announced that the daily reference rate of the renminbi (RMB) would become more "market-oriented." Over the next three days, the RMB depreciated against the dollar and led to charges that China's goal was to boost exports to help stimulate the economy (which some suspect is in worse shape than indicated by official Chinese economic statistics). Concerns over the state of the Chinese economy appear to have often contributed to volatility in global stock indexes in recent years.The ability of China to maintain a rapidly growing economy in the long run will likely depend largely on the ability of the Chinese government to implement comprehensive economic reforms that more quickly hasten China's transition to a free market economy; rebalance the Chinese economy by making consumer demand, rather than exporting and fixed investment, the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection. The Chinese government has acknowledged that its current economic growth model needs to be altered and has announced several initiatives to address various economic challenges. In November 2013, the Communist Party of China held the Third Plenum of its 18th Party Congress, which outlined a number of broad policy reforms to boost competition and economic efficiency. For example, the communique stated that the market would now play a "decisive" role in allocating resources in the economy. At the same time, however, the communique emphasized the continued important role of the state sector in China's economy. In addition, many foreign firms have complained that the business climate in China has worsened in recent years. Thus, it remains unclear how committed the Chinese government is to implementing new comprehensive economic reforms.China's economic rise has significant implications for the United States and hence is of major interest to Congress. This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise.
Download or read book China 2049 written by David Dollar and published by Brookings Institution Press. This book was released on 2020-06-09 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
