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Runaway Bosses In China
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Book Synopsis Shadow Banking in China by : Shen Wei
Download or read book Shadow Banking in China written by Shen Wei and published by Edward Elgar Publishing. This book was released on 2016-07-27 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely book investigates the dynamic causes, key forms, potential risks and changing regulation of shadow banking in China. Topics discussed include P2P lending, wealth management products, local government debts, and the underground lending market. Taking policy considerations into account, the author provides a comprehensive analysis of the regulatory instruments tackling the systemic risks in relation to China's shadow banking sector. Central bank's role, interest rate formation mechanism, exchange rate reform and further deepening reform of the regulatory regime and financial markets are also thoroughly discussed in the context of China's continuing financial reform.
Book Synopsis Private Lending in China by : Lerong Lu
Download or read book Private Lending in China written by Lerong Lu and published by Routledge. This book was released on 2018-12-07 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores China’s private lending market from historical, economic, legal, and regulatory perspectives. Private lending refers to moneylending agreements between business borrowers and their debt investors without the involvement of banks. In China, it remains difficult for private entrepreneurs to obtain sufficient loans from state-owned banks. Thus, private lending has been a vital alternative financing channel for over 80 million businesses which are reliant on private funds as their major source of operating capital. The market volume of private financing stands at 5 trillion yuan ($783bn), making it one of the largest shadow banking systems in the world. Despite the wide popularity and systemic importance of private lending activities, they have remained outside of the official regulatory framework, leading to extra financial risks. In 2011, China’s private lending sector encountered a severe financial crisis, as thousands of business borrowers failed to repay debts and fell into bankruptcy. Lots of bosses who found it impossible to liquidate debts ran away to hide from creditors. The financial turmoil has caused substantial monetary losses for investors across the country, which triggered social unrest and undermined the financial stability. This book is a timely work intended to demystify China’s private lending market by investigating its historical development, operating mechanism, and special characteristics. It evaluates the causes and effects of the latest financial crisis by considering a number of real cases relating to helpless investors and runaway bosses. It conducts an in-depth doctrinal analysis of Chinese laws and regulations regarding private lending transactions. It also examines China’s ongoing financial reform to bring underground lending activities under official supervision. Finally, the book points out future development paths for the private lending market. It offers suggestions for global policymakers devising an effective regulatory framework for shadow banking. It appeals to researchers, lecturers, and students in several fields, including law, business, finance, political economy, public policy, and China study.
Book Synopsis Conceptualizing the Regulatory Thicket by : Shen Wei
Download or read book Conceptualizing the Regulatory Thicket written by Shen Wei and published by Routledge. This book was released on 2020-10-18 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the regulatory framework, regulatory objectives, regulatory logics, regulatory instruments, regulatory failures, and regulatory responses in China’s financial market after the global financial crisis. The book provides an in-depth analysis of China’s contemporary financial regulatory system, focusing on risks, regulation, and policies in practice. By drawing on public and private interest theories relating to financial regulation, the book contends that the controlled development of the banking sector, and the financial sector generally, has transformed China’s banks into more market-oriented institutions and increased public sector growth. However, China’s financial market and financial regulation have some inherent weaknesses and deficiencies. This book also offers insights into how this can be improved or adapted to minimize systemic risks in China’s financial sector. This book tries to prove that financial regulation is not just a vehicle for maintaining efficient financial markets but a primary tool through which the Chinese government achieves its political and economic objectives. More fundamentally, according to the law and finance theory, strong market and vibrant judicial systems are needed to further modernize China’s financial markets and market economy. The book will be a useful reference for anyone interested in learning from the Chinese experience.
Book Synopsis Proletarian China by : Ivan Franceschini
Download or read book Proletarian China written by Ivan Franceschini and published by Verso Books. This book was released on 2022-06-14 with total page 881 pages. Available in PDF, EPUB and Kindle. Book excerpt: A century of complex relations between Communists and workers in China In 2021, the Chinese Communist Party celebrated a century of existence. Since the Party’s humble beginnings in the Marxist groups of the Republican era to its current global ambitions, one thing has not changed for China’s leaders: their claim to represent the vanguard of the Chinese working class. Spanning from the night classes for workers organised by student activists in Beijing in the 1910s to the labour struggles during the 1920s and 1930s; from the turmoil of the Cultural Revolution to the social convulsions of the reform era to China’s global push today, this book reconstructs the contentious history of labour in China from the early twentieth century to this day (and beyond). This will be achieved through a series of essays penned by scholars in the field of Chinese society, politics, and culture, each one of which will revolve around a specific historical event, in a mosaic of different voices, perspectives, and interpretations of what constituted the experience of being a worker in China in the past century. Contributors: Corey Byrnes, Craig A. Smith, Xu Guoqi, Zhou Ruixue, Lin Chun, Elizabeth J. Perry, Tony Saich, Wang Kan, Gail Hershatter, Apo Leong, S.A. Smith, Alexander F. Day, Yige Dong, Seung-Joon Lee, Lu Yan, Joshua Howard, Bo Ærenlund Sørensen, Brian DeMare, Emily Honig, Po-chien Chen, Yi-hung Liu, Jake Werner, Malcolm Thompson, Robert Cliver, Mark W. Frazier, John Williams, Christian Sorace, Zhu Ruiyi, Ivan Franceschini, Chen Feng, Ben Kindler, Jane Hayward, Tim Wright, Koji Hirata, Jacob Eyferth, Aminda Smith, Fabio Lanza, Ralph Litzinger, J onathan Unger, Covell F. Meyskens, Maggie Clinton, Patricia M. Thornton, Ray Yep, Andrea Piazzaroli Longobardi, Joel Andreas, Matt Galway, Michel Bonnin, A.C. Baecker, Mary Ann O’Donnell, Tiantian Zheng, Jeanne L. Wilson, Ming-sho Ho, Yueran Zhang, Anita Chan, Sarah Biddulph, Jude Howell, William Hurst, Dorothy J. Solinger, Ching Kwan Lee, Chloé Froissart, Mary Gallagher, Eric Florence, Junxi Qian, Chris King-chi Chan, Elaine Sio-Ieng Hui, Jenny Chan, Eli Friedman, Aaron Halegua, Wanning Sun, Marc Blecher, Huang Yu, Manfred Elfstrom, Darren Byler, Carlos Rojas, Chen Qiufan.
Book Synopsis Corporate Bankruptcy Law in China by : Natalie Mrockova
Download or read book Corporate Bankruptcy Law in China written by Natalie Mrockova and published by Bloomsbury Publishing. This book was released on 2021-01-28 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: This fascinating study uses qualitative and quantitative data and insights from interviews with judges, lawyers, government officials, entrepreneurs, bankers, consultants, and academics in China and abroad, to provide a new perspective on the problems that have hindered the implementation of the Enterprise Bankruptcy Law in China, and recent attempts at reform. The analysis provides unique insights into China's business world and its interaction with the judicial and political system in China. In addition, the book also provides important information about how the Enterprise Bankruptcy Law affects foreign companies, agencies and governments that are active in China. The author draws on empirical data, decided cases and her experience of how the law and surrounding practices deal with foreign stakeholders whose interests are affected by corporate bankruptcy in China. The book will improve understanding of how China's corporate bankruptcy law has been used in practice, what has limited its practical effectiveness, whether it is desirable for the law to be used more readily in China, and the possible options for its reform.
Book Synopsis The Ecology Of Chinese Private Enterprises by : Xingyuan Feng
Download or read book The Ecology Of Chinese Private Enterprises written by Xingyuan Feng and published by World Scientific. This book was released on 2015-03-26 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the study of the environment for the survival and development of Chinese private enterprises. It analyzes the historical development and current overall development of private enterprises in China, their number, size structure, contribution to GDP, employment and tax revenue, and size of investment. It summarizes the laws and regulations relating to the development of private enterprises. It assesses their survival environment in comparison with SOEs' and from the perspective of entrepreneurs. The book also addresses the problems with the protection of property rights of private enterprises, their market entry, their capital mobility and their own management. It concludes with the analysis of the main factors hindering the development of private enterprises in China and some policy recommendations for improving the environment for their survival and development.
Book Synopsis China Sailor by : Charles Giezentanner
Download or read book China Sailor written by Charles Giezentanner and published by iUniverse. This book was released on 2012-06-19 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Times are tough in 1938 during the Great Depression when eighteen-year- old Leslie Charles hears that the navy shipyard in Norfolk, Virginia, is hiring college students. A talented musician endowed with exceptional math skills, Leslie believes hes a good candidate for work now that he has one year of college under his belt at Mars Hill College in Marsh County, Virginia. Leaving his parents, siblings, and the rest of his family behind in Asheville, North Carolina, Leslie becomes a welders helper at the yard, and soon the lure of the navy snags him. He becomes an enlisted man, endures basic training, and begins his journey both as a sailor and as a man. A novel of military fiction, China Sailor narrates the story of Leslies coming-of- age, including his life as a sailor, his experiences in China during its civil war and its war with Japan, and his personal relationships with women. It provides a glimpse into this exciting time in history leading up to the start of World War II.
Book Synopsis The Political Economy of Financial Regulation by : Emilios Avgouleas
Download or read book The Political Economy of Financial Regulation written by Emilios Avgouleas and published by Cambridge University Press. This book was released on 2019-01-31 with total page 531 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the law and policy of financial regulation using a combination of conceptual analysis and strong empirical research.
Book Synopsis Ethics, Efficiency and Macroeconomics in China by : Jonathan Leightner
Download or read book Ethics, Efficiency and Macroeconomics in China written by Jonathan Leightner and published by Routledge. This book was released on 2017-04-21 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book tells the story of how China’s leaders, from Mao to Xi, have sacrificed ethics to promote either macroeconomic performance or microeconomic efficiency. This story includes Mao’s collectivization of land, the Great Leap Forward, the Great Cultural Revolution, Deng’s opening China to international trade, Tiananmen Square, the freeing of prices, food and medicine scandals, the 2015 surge and collapse of the Chinese stock market, the falling of China’s foreign reserves, and so on. In 2008, China’s leaders correctly identified the best strategy as a "consumption-driven growth strategy" because the current world is suffering from a glut of savings. However, for that strategy to work, the Chinese need to be able to trust China’s economy and leaders. In the absence of trust, people will make decisions based on extremely short time frames which will hurt China’s long-run potential and continue to generate a series of speculative bubbles. In the absence of trust, wealthy Chinese will continue to move their assets abroad, putting tremendous downward pressure on the Chinese yuan. The Chinese will develop a long-run perspective and invest in China only when they can trust China’s future. In today’s world, trust is necessary. Trust is built on ethics.
Book Synopsis Don't Tell the Boss! by : Dmitry Chernov
Download or read book Don't Tell the Boss! written by Dmitry Chernov and published by Springer Nature. This book was released on 2023-01-20 with total page 493 pages. Available in PDF, EPUB and Kindle. Book excerpt: After a major disaster, when investigators are piecing together the story of what happened, a striking fact often emerges: before disaster struck, some people in the organization involved were aware of dangerous conditions that had the potential to escalate to a critical level. But for a variety of reasons, this crucial information did not reach decision-makers. So, the organization moved ever closer to catastrophe, effectively unaware of the possible threat—despite the fact that some of its employees could see it coming. What is the problem with communication about risk in an organization, and why does this problem exist? What stops people in organizations or project teams from freely reporting and discussing critical risks? This book seeks to answer these questions, starting from a deep analysis of 20 disasters where the concealment of risks played a major part. These case studies are drawn from around the world and span a range of industries: civil nuclear power, coal, oil and gas production, hydropower energy, metals and mining, space exploration, transport, finance, retail manufacturing and even the response of governments to wars, famines and epidemics. Together, case studies give an insight into why people hesitate to report risks—and even when they do, why their superiors often prefer to ignore the news. The book reviews existing research on the challenges of voice and silence in organizations. This helps to explain more generally why people dread passing on bad news to others—and why in the workplace they prefer to keep quiet about unpleasant facts or potential risks when they are talking to superiors and colleagues. The discussion section of the book includes important examples of concealment within the Chinese state hierarchy as well as by leading epidemiologists and governments in the West during the novel coronavirus outbreak in Wuhan in 2019-2020. The full picture of the very early stage of the COVID-19 pandemic remains unclear, and further research is obviously needed to better understand what motivated some municipal, provincial and national officials in China as well as Western counterparts to obfuscate facts in their internal communications about many issues associated with the outbreak.
Download or read book My Stunning Boss Lady written by Lao Jiu and published by Funstory. This book was released on 2020-04-02 with total page 754 pages. Available in PDF, EPUB and Kindle. Book excerpt: A country bumpkin who had just arrived in a city but ran into a wall everywhere, let's see how he, For Brother's brother, and his friend, support the heavens ... Men would never admit defeat!
Book Synopsis Learning and Innovation of Chinese Firms by : Jacky Hong
Download or read book Learning and Innovation of Chinese Firms written by Jacky Hong and published by Walter de Gruyter GmbH & Co KG. This book was released on 2023-01-30 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume explores the learning and innovation of Chinese firms. In particular, it examines the difficulties and obstacles affecting the technological collaboration between Chinese firms and foreign partners as well as some of the key organizational and institutional challenges of innovation facing Chinese firms. Despite enjoying rapid economic growth in previous decades, learning and innovation of Chinese firms has received relatively limited attention among management and international business scholars in the past. However, some significant changes in the Chinese institutional environment have occurred in recent years. On one hand, the Chinese central government has devised a number of policy initiatives to promote and support innovative activities in China, ranging from the ‘Mass Entrepreneurship and Innovation by All’ to the latest ‘Made in China 2025’. On the other hand, we have witnessed an increasing number of indigenous Chinese firms (e.g. Alibaba, Baidu, Tencent, Huawei and DJI) adopting business model innovation with global inputs and impacts in different business sectors, namely electronic commerce, telecommunication network equipment, social media, mobile payment and drones. In view of these recent developments, we aim to further our understanding about the learning and innovation processes of Chinese firms in this edited volume.
Download or read book China's Millennials written by Eric Fish and published by Rowman & Littlefield. This book was released on 2015-06-04 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1989, students marched on Tiananmen Square demanding democratic reform. The Communist Party responded with a massacre, but it was jolted into restructuring the economy and overhauling the education of its young citizens. A generation later, Chinese youth are a world apart from those who converged at Tiananmen. Brought up with lofty expectations, they’ve been accustomed to unprecedented opportunities on the back of China’s economic boom. But today, China’s growth is slowing and its demographics rapidly shifting, with the boom years giving way to a painful hangover. Immersed in this transition, Eric Fish, a millennial himself, profiles youth from around the country and how they are navigating the education system, the workplace, divisive social issues, and a resurgence in activism. Based on interviews with scholars, journalists, and hundreds of young Chinese, his engrossing book challenges the idea that today’s youth have been pacified by material comforts and nationalism. Following rural Henan students struggling to get into college, a computer prodigy who sparked a nationwide patriotic uproar, and young social activists grappling with authorities, Fish deftly captures youthful struggle, disillusionment, and rebellion in a system that is scrambling to keep them in line—and, increasingly, scrambling to adapt when its youth refuse to conform.
Download or read book The Seven Sorrows of China written by and published by Mark I. Miravalle, S.T.D.. This book was released on 2007 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis China's Workers Under Assault by : Anita Chan
Download or read book China's Workers Under Assault written by Anita Chan and published by Routledge. This book was released on 2016-07-01 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This important book contains case studies with substantive analysis of Chinese workers in a variety of settings: state enterprises, urban collectives, township and village enterprises, domestic private enterprises, and foreign funded enterprises. The cases include urban workers migrant workers from the countryside, and workers who are sent to work outside of China. The analytical framework for these case studies lays out why labor rights violations have been occurring in China and highlights the contex in which these violations operate and the extent to which these selected cases are not isolated incidents. Moreover, the dilemma of Chinese workers is put into international perspective: the context of the international labor market, the setting of competitive minimum wages in Asia, and the concern for Chinese workers' rights taken up by the International Labor Organization (ILO). This book debunks the conventional wisdom that Chinese workers are thriving because the Chinese economy is booming. Indeed the wage structures of these enterprises of different ownership types contribute to widening income disparities in China. The book uncovers what exactly overseas Chinese entrepreneurship (Taiwan and Hong Kong), means at the factory level. And it calls for a new approach to scrutinizing the phenomena of the so-called Chinese economic miracle and it's repercussions on other economies and labor markets.
Book Synopsis Among the 36 Strategies, Running Away is the Top One by : Chia Chen
Download or read book Among the 36 Strategies, Running Away is the Top One written by Chia Chen and published by Trafford Publishing. This book was released on 2000 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: Xuya Zhao runs from America to China, running away from her American problems. However, China is full of surprises for her, all kinds: the secrets her family has kept over the years, the unbreakable bond with her girlhood buddies, the magic power of her grandmother, the mystery of the jade pendants, the reunions and encounters with friends, sweethearts, acquaintances, and old enemies. Now she has a chance to settle those unsettled en en yuan yuan (passions and resentments) from the Cultural Revolution and to make sense of her complicated lives in both China and America. Thus, her return-home adventure turns into a journey of self-rediscovery.
Book Synopsis Migrant Labor in China by : Pun Ngai
Download or read book Migrant Labor in China written by Pun Ngai and published by John Wiley & Sons. This book was released on 2016-04-22 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Long known as the world's factory, China is the largest manufacturing economy ever seen, accounting for more than 10% of global exports. China is also, of course, home to the largest workforce on the planet, the crucial element behind its staggering economic success. But who are China's workers who keep the machine running, and how is the labor process changing under economic reform? Pun Ngai, a leading expert in factory labor in China, charts the rise of China as a world workshop and the emergence of a new labor force in the context of the post-socialist transformations of the last three decades. The book analyzes the role of the state and transnational interests in creating a new migrant workforce deprived of many rights and social protection. As China increases its output of high-value, high-tech products, particularly for its own growing domestic market of middle-class consumers, workers are increasingly voicing their discontent through strikes and protest, creating new challenges for the Party-State and the global division of labor. Blending theory, politics, and real-world examples, this book will be an invaluable guide for upper-level students and non-specialists interested in China's economy and Chinese politics and society.