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Introduction -- ch. 1. China and East Asia production network -- ch. 2. The internationalisation of China's Renminbi -- ch. 3. The internationalisation of Chinese enterprises -- ch. 4. Cross-strait economic relations: Taiwan's perspective -- ch. 5. CEPA and Mainland-Hong Kong's economic relations --ch. 6. China-Asean economic relations remain resilient despite rising challenges -- ch. 7. Ever-bonding Sino-Korean economic relationship but questionable contribution to regional integration -- ch. 8. China and Japan: great economic integration without a bilateral free trade agreement -- ch. 9. The political economy of East Asia economic integration.
China has achieved significant socio-economic progress and has become a key player on the international stage after several decades of open-door and reform policy. Looking beyond China's transformation, this book focusses on the theme of governance which is widely regarded as the next most critical element to ensure that China's growth remains sustainable.Today, China is confronted with a host of pressing challenges that call for urgent attention. These include the need to rebalance and restructure the economy, the widening income gaps, the poor integration of migrant populations in the urban areas, insufficient public housing and healthcare coverage, the seeming lack of political reforms an...
Showcasing the substantive and multi-faceted Singapore-China relationship, this book examines the political, economic, socio-cultural, people-to-people and even military exchanges between the two countries. It also highlights flagship projects and other key private sector-led projects that have become hallmarks of bilateral cooperation.The book argues that the current level of cooperation is built on the earlier foundation laid by Lee Kuan Yew and Deng Xiaoping. In a way, the bilateral relationship is a unique one. For one, Deng Xiaoping had singled out Singapore as a model for China's reforms and China today continues to find Singapore's experience relevant. Singapore is also learning from China in the process. The two countries also have a number of bilateral institutional mechanisms that have become more important in reviewing existing cooperation and identifying new ways of working together.Rather than simply provide an overview of bilateral relations, the book highlights the unique or distinguishing features of the Singapore-China relationship.
The current global financial turmoil, triggered by the US subprime crisis, has spread quickly and resulted in the worst global economic crisis since the 1930s. As the world's third largest economy and the second largest trading nation, China is inevitably affected seriously. How China responds to the crisis and how effective its measures are in sustaining a healthy growth will have important implications, both domestically and internationally.The chapters in this volume are divided into five sections. Section one examines the overall impact of the global economic crisis and the responses of the Chinese government. Section two studies the regional aspect of the economy affected by the crisis. Section three explores such economies of the Mainland's southern neighbors as Hong Kong, Macao and Taiwan, and the prospect of China's trade. Section four surveys the impact on the ideological and social aspects of the country. Section five concludes with an assessment of China's external policies. The volume offers a comprehensive and in-depth assessment of the impact of the crisis and the measures of the Chinese government to overcome the difficulties.
This timely Research Handbook investigates the radically transformative impact of the Belt and Road Initiative (BRI), addressing key questions regarding its economic, political and strategic consequences: what does the Chinese government hope to achieve with the BRI? How have recipient states responded? And what are its potential opportunities and risks?
This book is an edited volume about China-ASEAN relations with contributions from experts based in China and Singapore. The book includes a few excellent papers that were presented at a conference the editor organized in October 2009 and also two other research papers. They examine China-ASEAN relations from a sub-regional cooperation perspective. The book discusses and analyzes China-ASEAN cooperation in the Greater Mekong River Sub-region (GMS), the emerging Pan-Beibu economic zone, ASEAN's growth triangles, and the hydraulic power sector, as well as China-ASEAN economic relations in the wake of the financial crisis. They carefully review the progresses that have been achieved, examine new policy proposals that have been put forth, and explore problems that exist in all these sub-regional cooperation schemes between China and ASEAN.
How will China develop under the new leadership of Xi Jinping and Li Keqiang? This is a key question for both China and the wider world. This book presents a comprehensive overview of the key areas and issues, assessing how things are likely to develop under the new leadership. It considers the economy, trade, politics, and demographics; appraises the leadership, both at the national and provincial levels; and discusses potential flashpoints in China’s relationship with its neighbors and China’s emerging role in world politics. The book emphasizes the great uncertainties surrounding the next phase of China’s development, highlighting the structural problems of the economy, the problems of urbanization and governance, and the deep social cleavages which exist over issues such as income disparity, rampant corruption and unequal opportunities in social mobility. Against this backdrop it measures the emerging leadership of Xi Jinping to assess the prospects for China in the next decade and beyond.
This volume seeks to examine the evolving contours of Asian multilateralism through emerging China and how it is likely to impact on the growth trajectories of Asian countries. From this perspective, it explores the prospects for ‘partnership’ in Asia, especially in terms of China’s engagement with its principal Asian neighbours, especially India. A substantial part of the volume is devoted to debating China–India relations, highlighting their mutual stakes through their economic and security cooperation as well as their engagement with other countries and regional forums. The book furthers the understanding of the rise of China from an Indian perspective while simultaneously locating China’s rise in the economic dynamics of an emerging Asia. The volume offers illuminating viewpoints, analyses and insights from multiple perspectives, mixed with academic rigour and up-to-date information. It will be of interest to those engaged in economics, politics, trade relations, Indo-China relations, foreign policy, area studies, public policy, and strategic studies.
This edited volume is a compilation of the analyses written by East Asian Institute experts on Hong Kong since the handover. It covers most, if not all the important events that have taken place in Hong Kong since 1997, including its economic integration and relations with China, its governance conundrums, the Hong Kong identity and nation-building, the implementation of the minimum wage, and the elections from 2011OCo2012. The book''s panoramic view of Hong Kong makes it a useful resource for readers who seek a broad understanding of the city and how it has evolved after its return to China. It also offers some glimpses into the direction Hong Kong is heading in its socio-economic relations with China at both the state and society levels, as well as its domestic political developments and the prospects for democratization.
This collection explores the expansion of Chinese outbound investments, aimed to sustain the increased need for natural resources, and how they have amplified the magnitude of a possible international crisis that the People’s Republic of China may face in the near future by bringing together the views of a wide range of scholars. President Xi’s Belt and Road initiative (BRI), aimed to promote economic development and exchanges with China for over 60 countries, necessitates a wide range of security procedures. While the threats to Chinese enterprises and Chinese workers based on foreign soil are poised to increase, there is an urgent need to develop new guidelines for risk assessment, special insurance and crisis management. While the Chinese State Owned Enterprises are expanding their international reach capabilities, they still do not have the capacity to assure adequate security. In such a climate, this collection will be of profound value to policy makers, those working in the financial sector, and academics.