This is the latest Joint Economic Committee volume on the Chinese economy. With the current state of US-China relations and Hong Kong's accession in 1997, the study should provide policy makers in the USA with a useful tool in guiding economic policy toward China.

The Future of China's Past examines how China's traditional culture is being reinvented and manipulated for political purposes. Like no time before in its recent history, and certainly at no time in the history of the People's Republic, China is being shaped in terms of its past, but which past—Confucianism, Legalism, Daoism, Buddhism—or combination of pasts is being held up as the model? Given its growing economic, political, and cultural significance, it is incumbent upon us to take China's rise seriously, yet perspectives involving modern and contemporary geopolitical and intrastate dynamics are insufficient, on their own, for understanding China's rise, and the same holds true for economic analyses, however pertinent. Instead, this book looks at current engagements with models of China's past, introducing the four traditional lenses of Chinese thought and reflecting on their potential relevance for China's—and the world's—future.

Every day and everywhere, China figures prominently in global attention: companies and banks weigh billions in investments; hedge fund managers assess and speculate on downside risks; commodity traders and natural resource producers salivate over China’s energy appetite; intelligence agencies carefully track China’s growing global footprint; militaries monitor China’s growing military capabilities; diplomats grapple with a new assertiveness in China’s diplomatic posture; scholars try to understand the shifting dynamics and sources of China’s behaviour; while journalists track the latest changes in China’s economy, polity, and society. Charting China’s Future provides informed analysis on the complexities of today’s China, and where these complexities may lead, from some of the world’s leading Asia experts. The contributors have provided clear, intelligible, and forward-looking analyses, free of social science jargon and extensive footnotes. Probing into many of the key domestic and external issues facing China today from political, economic and social perspectives the book proffers a forward-looking analysis that will appeal to anyone with a professional, academic or personal interest in the big issues facing today's China and its interaction with the world. Readers will find much to contemplate about China’s future in this volume, and will gain a clearer sense of the key variables and possible trajectories of one of the most consequential countries on the planet.

Arguing against conventional wisdom, this important book makes a compelling case for the continuing strength of China’s one-party system. Many analysts have predicted that China’s unprecedented economic development and middle-class expansion would lead to a liberalization of its political regime and a move toward democracy. Instead, leading scholar Jean-Pierre Cabestan contends that the Chinese Communist Party will continue to adapt and prosper in the coming decades, representing a growing challenge to all democracies. Influenced by China’s traditional culture and even more so by the regime’s Soviet ideology, institutions, and modus operandi, most Chinese are not pushing for democracy, choosing security, stability and prosperity over political freedoms and participation.

Provides insight into U.S. and Chinese involvement in aid, trade, direct investment and strategic ties in Latin America In recent years, China has become the largest trading partner for more than half the countries in Latin America, and demonstrated major commitments in aid and direct investment in various parts of the region. China has also made a number of strategic commitments to countries like Nicaragua, Cuba, and Venezuela which have long-standing policies opposing U.S. influence in the region. China, the United States, and the Future of Latin America posits that this activity is a direct challenge to the role of the U.S. in Latin America and the Caribbean. Part of a three-volume series analyzing U.S.-China relations in parts of the world where neither country is dominant, this volume analyzes the interactions between the U.S., China, and Latin America. The book series has so far considered the differences in operating styles between China and the U.S. in Central Asia and Southeast Asia. This third volume unpacks the implications of competing U.S. and Chinese interests in countries such as Brazil and Argentina, and China’s commitments in Nicaragua and Venezuela. This volume draws upon a variety of policy experts, focusing on the viewpoints of South American and Caribbean scholars as well as scholars from outside states. China’s new global reach and its ambitions, as well as the U.S. response, are analyzed in detail.A nuanced examination of current complexities and future implications, China, the United States and the Future of Latin America provides readers with varied perspectives on the changing economic and strategic picture in Latin America and the Caribbean.

China’s bond market is destined to play an increasingly important role, both at home and abroad. And the inclusion of the country’s bonds in global indexes will be a milestone for its financial market integration, bringing big opportunities as well as challenges for policymakers and investors alike. This calls for a good understanding of China’s bond market structure, its unique characteristics, and areas where reforms are needed. This volume comprehensively analyzes the different segments of China’s bond market, from sovereign, policy bank, and credit bonds, to the rapidly growing local government bond market. It also covers bond futures, green bonds, and asset-backed securities, as well as China’s offshore market, which has played a major role in onshore market development.

This book focuses on China’s experience in development over the past 70 years and its significance, as well as building a community with a shared future for mankind. The book consists of a collection of papers contributed by researchers from many countries, covering the topics of world order, a community with a shared future for mankind, “the Belt and Road” initiative, exchange and mutual learning between civilizations, China Model, China and the World, multi-bilateral relationship, sustainable development.

In recent decades, China has used urbanization as an economic development tool to reconstruct the country's traditional institutions, culture, and society. The downside of these many changes is that they have presented the country's government with a massive challenge: how can it maintain basic stability? China's Urban Future and the Quest for Stability examines the complexities of Chinese cities. Together, the essays in this book explore how the relatively recent onset of urbanization has altered the country, and how that experience is similar to and distinct from developments in other times and places. Each chapter analyzes one facet of China's transformation, focusing on three main themes: urbanization and the rapid growth of Chinese cities; mobility, in both the abstract and the literal sense; and marginalization, evidenced by growing residential segregation in cities and diminishing access to education, health care, and jobs. Underlying these themes is the issue of governance – the systems by which a state attempts to maintain control and achieve its ends, often in ways that differ significantly from what one might expect. An up-to-date, concise, and multidisciplinary collection, China's Urban Future and the Quest for Stability discusses the social, economic, and political forces at work in the urbanization of a modern superpower.

Energy and Environmental Law and Policy Series #41 We know the science of climate change; we know the economics of climate change; we also know the law of climate change. However, we do not know how countries may come together to cooperate on climate change mitigation. In this connection, the role of international trade in climate change, although universally acknowledged, is not well understood. This groundbreaking book by one of the world’s foremost authorities on international economic law not only investigates this role in great depth, but also explains how free trade agreements can be used as a powerful tool to help mitigate climate change. Focusing on the idea of climate clubs—namely the coalition of the willing—among governments, companies, and/or international institutions, the book offers insightful analysis on aspects of the trade–climate linkage such as: formation of climate clubs; legitimacy and accountability; technological cooperation; green patents; how competition law hinders effective cooperation between companies seeking to produce sustainable goods; domestic policy preferences; recognizing States that should legitimately be allowed to be free riders; and sanctions for noncompliance. Three detailed case studies are included: a comparison of the U.S. and European Union (EU) Generalized System of Preferences (GSP) programs, energy security in the Arab world, and EU–Russia energy trade relations. With the author’s conviction that global access to energy, mitigating climate change, and benefit from international trade and investment all can be achieved, this book offers a fresh understanding of the international trading system as a way to reach a prosperous, modern, and sustainable society that will help decarbonize the economy effectively. It will be welcomed by all professionals and policymakers concerned with climate change mitigation, and particularly by those active at its nexus with international trade.

Inhaltsangabe:Introduction: The approach of this research paper is to give an overview about the Chinese automotive industry. An analysis of the People s Republic of China (PRC) shows the investment possibilities for foreign automotive manufactures. This research introduces the major opportunities and threats of political, social, economical, environmental, technological and legal dimensions within China. In the first part the Political System will be analysed by Christian Lutz. The historical and cultural roots are important to understand the political developments. The theoretical and actual politcal system and their problems will be shown. He also reflects the Social System with its different specifications. The current fall-back system with community health, retirement pension and unemployment will be analysed. Furthermore the potential opportunities and risks for automotive investors will be addressed. In the third part Economy Benjamin Pflüger point out that China is potentially the largest and one of the fatest-growing automotive markets in the world and therefore significant for all foreign automobile manufactures. There are both great opportunities and possible threats existing in China. The huge population, economic growth, increasing income and improved environment for consumers as well as China`s membership of the World Trade Organisation (WTO) are important for the future development of the global economy. This also leads to unavoidable consequences for the environment. The current situation and the environmental impact of China`s motorization, such as infrastructure shortage and air pollution, will be presented in sup-topic Environment . In the fifth chapter Technology Thorsten Iwanowski will introduce aspects of technology and technology management in China. As nowadays the main form of investment is the joint venture, this will be focused. The accelerating technological development within the last decades does not only generate advantages for the Chinese people. After having created several constitutions within the last 50 years, a modern and future oriented one has been passed. This constitution basing the new legal system will require fast and further legal rules and laws to meet the challenges of the Chinese future. These circumstances and their influence on the automobile industry will be pointed out in the part Legal System . The last years show an increasing volume of Foreign Invested Enterprises (FIE) within [...]