The authors discuss the role of local institutions in coordinating business activities and unleashing entrepreneurship, arguing that the sudden growth of new firms and industries is facilitated by changes in business behaviour and institutions. Initial private exchange and investment in an environment of ill-functioning markets are shown to depend on local networks and local business culture which, in turn, rely on local tax regimes setting incentives for inherited bureaucracies to engage in economic transformation. Finally, the book establishes local institutions and local governance as crucial dimensions of China¿s emerging business system.

A planned economy system was set up in China after the establishment of the PRC in 1949, and its reform was launched in 1978. The reform has gone on for 20 years and has achieved globally recognized success. China's economy is now in the course of transforming from a planned economy into a socialist market economy. This book summarizes the successful experiences and points out the difficulties of the deep reform and the prospects for the 21st century. Rich in historical data and material, it provides valuable information for readers from universities, institutions and enterprises as well as government officials — whoever is interested in China and its economic reform.The author, a famous Chinese economist, has been involved in the leadership of the Chinese economic system's reform since its launch in 1979. In 1998 he was invited by the World Bank to give a series of seminars on China's economic reform, and most of the contents of those seminars are included in this book.

By 2015, China may well have the world's largest economy. In The Chinese Century, Oded Shenkar shows how China is restoring its imperial glory by infusing modern technology and market economics into a non-democratic system controlled by the Communist party and bureaucracy. Shenkar shows why China's quest for global success differs radically from predecessors such as Japan, India, and Mexico... why it represents a fundamental restructuring of the global business system... and why it will transform the roles of participants in the global economy. He previews tomorrow's new competitive ground rules, terms of employment, and consumption patterns, and shows how Chinese ascendancy is redrawing political, economic, and social battle lines. Learn why the U.S. is most vulnerable to China's ascent... how China's disregard for intellectual property creates sustainable competitive advantage... how China's growth impacts global businesses and individual purchasing decisions. Above all, Shenkar shows what you must do to survive and prosper in "The Chinese Century."

China's spectacular growth and expanding global role have led to visions of the 21st century being dominated by the last major state on earth ruled by a Communist Party. In this new edition of his widely acclaimed book, renowned China expert Jonathan Fenby shows why such assumptions are wrong. He presents an analysis of China under Xi Jinping which explores the highly significant political, economic, social and international challenges it faces, each involving structural difficulties that will put the system under strain. Based on the author's extensive knowledge of contemporary China and his close analysis of Xi's leadership, this incisive book offers a pragmatic view of where the country is heading at a time when its future is too important an issue for wishful theorizing.

This unique book intends to provide a focused analysis of the main Chinese industrial sectors through case studies, data analysis and review of new state-initiated policies. In response to the global economic crisis in the short run and to cope with the existing structural problems of production in the long run, the Chinese central government has successively released new development outlines for 10 key industries since 2008. In this book, the authors will use key sectors including automobile, steel, shipbuilding, high-speed railway and new energy, to analyze the development of China's industries, along with their challenges and future prospects.The effectiveness of state-oriented policies in rejuvenating these industries will be evaluated. After discussing the background and motivations for the new government-initiated policies, through detailed analysis of these policies, the authors will assess the contribution they have made to industrial development. The authors will also identify and analyze existing and potential challenges to sustainable development of China's industries.How did the industries respond to climate change and the development of a low-carbon economy in China? What measures have been taken by these industries to reduce greenhouse gas (GHG) emission and reduce overall energy consumption? What are the latest developments in China's industrial sector in terms of technological progress and upgrading? What are the potential challenges facing the industrial sector in the post-economic crisis era? This study intends to address these issues.

International trade is a key dimension of the world economy, it is a critical factor in raising living standards, increasing employment, and providing a larger variety of goods to consumers around the world. Despite the strong focus that international trade research has received in theoretical terms, the empirical aspects of trade are less clear and justify further research. In this context, it is essential for studies to focus on shedding light on the most important methods used to evaluate the multiple dimensions of trade within this international context. Trade has a myriad of direct and indirect effects, therefore touching several fields of research, including economics, management, finance, international relations, political science, and sociology, which makes it essential to explore. The Handbook of Research on the Empirical Aspects of Strategic Trade Negotiations and Management provides a systematic overview of the latest trends in the empirical analysis of trade from international perspectives. It provides a survey on the methods used to evaluate a specific topic in international trade, enhance knowledge about the multiple facets of international trade around the world, and grant in-depth surveys of previous empirical findings on specific topics in international trade. Important topics covered within this book include trade diversification, regional centrality, ethical pricing, globalization, cultural impacts, and open economies. This book is a valuable reference tool for government officials, policy makers, managers, executives, economists, practitioners, stakeholders, researchers, academicians, and students.

The Chinese system is like no other known to man, now or in history. This book explains how the system works and where it may be moving. Drawing on Chinese and international sources, on extensive collaboration with Chinese scholars, and on the political science of state analysis, the author concludes that under the new leadership of Xi Jinping, the system of government has been transformed into a new regime radically harder and more ideological than the legacy of Deng Xiaoping. China is less strong economically and more dictatorial politically than the world has wanted to believe. By analysing the leadership of Xi Jinping, the meaning of ‘socialist market economy’, corruption, the party-state apparatus, the reach of the party, the mechanisms of repression, taxation and public services, and state-society relations, the book broadens the field of China studies, as well as the fields of political economy, comparative politics, development, and welfare state studies. ‘A new interpretation of the Chinese party-state—shows the advantage that derives from a comparative theorist looking at the Chinese system.’ —Tony Saich, Harvard University ‘This is an excellent book which asks important questions about China’s future. In a lively and persuasive manner, the author vividly analyses key data in a comparative and theoretical manner. Far and away the best introduction to how the CCP dictatorship works.’ —Edward Friedman, University of Wisconsin-Madison ‘There is no lack of scholars and pundits abroad who tell us that dictatorship in China is for the greater good. In a timely and engagingly written book, Stein Ringen systematically demolishes all the components of this claim.’ —Frank Dikötter, University of Hong Kong ‘Stein Ringen shows how the Chinese state has used both fear and material inducements to build a “controlocracy” of a size and complexity unprecedented in world history. Perfect as a dictatorship, but brutal, destructive, and wasteful. The author’s encyclopedic understanding of his topic is based on a mastery of relevant scholarship and is delivered in clear, no-nonsense prose that bows to no one. Ideal as a textbook.’ —Perry Link, University of California, Riverside ‘China is a complex country, and there is a range of reasonable interpretations of its political system. Professor Ringen’s interpretation is different than my own, but China watchers need to engage with his thought-provoking and carefully argued assessment. If current trends of repression intensify, less pessimistic analysts will need to recognise that Ringen’s analysis may have been prescient.’ —Daniel A. Bell, Tsinghua University ‘Inspirational and trenchant. Stein Ringen’s book is a must-read to understand China’s politics, economy, ideology and social control, and its adaptability and challenges under the CCP’s rule, especially in the 21st century.’ —Teng Biao, Harvard Law School and New York University ‘Stein Ringen’s insights as a prominent political scientist enable a powerful examination of the Chinese state in a penetrating analysis that reaches strong conclusions which some will see as controversial. The book is scholarly, objective, and free from ideological partiality or insider bias. Whether one ultimately wishes to challenge or embrace his findings, the book should be read.’ —Lina Song, University of Nottingham Click on these links for more information: Blog: https://thechinesestate.com/ Facebook: https://www.facebook.com/stein.ringen.7/about