This book provides a comprehensive and balanced view of the main transformations that are happening in the Chinese economy today. This view has developed from more than 200 interviews and numerous surveys (based on primary data), in addition to mainstream literature by academia and consultancy companies.The general view of China is often either black or white. Global markets are generally guided by euphoria or fear. Academia are optimistic or pessimistic about China's longer-term growth potential. People believe or distrust Chinese data. These black and white pictures are, in many cases, easy to communicate (and even proved by anecdotic evidence), but are not correct.Modern China is not the result of tradeoffs but ambiguities: market-driven AND government-driven, central government AND local government control, increasing brand loyalty AND extreme price sensitivity, fall of consumption as percentage of GDP AND strong increase in consumption, export as an important driver behind longer-term development AND yet hardly visible as a determinant of today's economic growth.The aim of this book is to help readers understand the often conflicting nature of China, not only from an economic point of view, but also from political and social point of view. In this sense, it tries to give the reader an eclectic picture of China — the country of contradictions.That is a difficult task because of the linkages between reforms and the fact that there are many preconceived ideas of China, its development and choices. It is interesting to note that the further from China people are, the more negative their views towards China. This book will make clear that this pessimism is overdone. In the longer term, the author is quite positive about China's transformations, believing that the rise of China is here to stay and that this is the major factor of change of this century. remove

This book provides a comprehensive and balanced view of the main transformations that are happening in the Chinese economy today. This view has developed from more than 200 interviews and numerous surveys (based on primary data), in addition to mainstream literature by academia and consultancy companies. The general view of China is often either black or white. Global markets are generally guided by euphoria or fear. Academia are optimistic or pessimistic about China's longer-term growth potential. People believe or distrust Chinese data. These black and white pictures are, in many cases, easy to communicate (and even proved by anecdotic evidence), but are not correct. Modern China is not the result of tradeoffs but ambiguities: market-driven AND government-driven, central government AND local government control, increasing brand loyalty AND extreme price sensitivity, fall of consumption as percentage of GDP AND strong increase in consumption, export as an important driver behind longer-term development AND yet hardly visible as a determinant of today's economic growth. The aim of this book is to help readers understand the often conflicting nature of China, not only from an economic point of view, but also from political and social point of view. In this sense, it tries to give the reader an eclectic picture of China -- the country of contradictions. That is a difficult task because of the linkages between reforms and the fact that there are many preconceived ideas of China, its development and choices. It is interesting to note that the further from China people are, the more negative their views towards China. This book will make clear that this pessimism is overdone. In the longer term, the author is quite positive about China's transformations, believing that the rise of China is here to stay and that this is the major factor of change of this century.

Essays examine the relationship between Hong Kong and China.

China and the United States have entered a multifaceted cold war: trade, high tech, space, defense, environment and values as they jostle for influence throughout the world. This rivalry between the world's top two economic powers will likely dominate the decades to come and its outcome is uncertain. After the American century, this new century may indeed be China's, or it may not. With Joe Biden's election as president of the United States, we are certainly in for a change of leadership style. But in terms of substance, US policy towards China is likely to remain tough. How will Beijing react? What strengths and weaknesses does China have in this long struggle for supremacy against the United States? This book analyzes the different aspects of this disconcerting rivalry that has had, and will continue to have, an impact on our daily lives. The coronavirus pandemic has further exposed the failings of a monolithic Chinese system that does not tolerate freedom of expression but it has also, paradoxically, placed China in a position of strength against the United States.

A brief introduction to the history, politics, society, and culture of China.

This book presents a wide range of new research on the Chinese treaty ports – the key strategic places on China’s coast where in the late nineteenth and twentieth centuries various foreign powers controlled, through "unequal treaties", whole cities or parts of cities, outside the jurisdiction of the Chinese authorities. Topics covered include land and how it was acquired, the flow of people, good and information, specific individuals and families who typify life in the treaty ports, and technical advances, exploration, and innovation in government.