[PDF] Why The World Needs China eBook

Author : Kyle Ferrana
Publisher : Clarity Press
Page : 0 pages
File Size : 33,71 MB
Release : 2024-02
Category : Political Science
ISBN : 9781949762877

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While the US portrays itself as a noble example of freedom and democracy, it has in fact led the world to greater inequality than ever before. But now, for the first time in decades, nations facing the brunt of its domination and exploitation have alternative, more tenable options in pursuit of development. Chinese finance is building badly-needed infrastructure where the West would not, Chinese commerce is providing a lifeline to countries the US has targeted for destruction, and Chinese industry is producing new sources of renewable and transition energy at an unparalleled rate. This book addresses: China's development and political economy based on independent studies, statistical data, and comparative analysis Current geopolitical conflicts and major developments and their relation to China Chinese finance and its effect on the rest of the world, particularly Africa. China's profound emphasis on environmentalism, renewable energy, and plan for the future. Though it has yet to fully step into this role, the People's Republic of China has become the de facto leader of a future multipolar world. Why does the world need China? Inter alia: China is now one of the largest investors in peripheral countries, yet Chinese loans are distinguished from Western loans by having substantially lower interest, being focused on infrastructure construction rather than the extraction of rents, and never being used as political leverage to make its partners adopt harmful "structural adjustment" policies as Western loans are. From 2000 to 2020, the PRC has helped African countries build 13,000 kilometers of railways and 100,000 kilometers of highways. Chinese-financed development is so ubiquitous on the African continent that any large building or road longer than 3 kilometers are most likely built and engineered by Chinese firms. Most of these have been constructed as part of the Belt and Road Initiative, which began in 2013 and is still making increasing investments throughout the world. Yet according to trade statistics tracked by the World Bank, the value of exports from the Sub-Saharan Africa region to China as a share of the total have not risen since then; instead, the region of the world that has seen the largest increase in export share from SSA has been SSA itself. This means that greater regional connectivity, commerce, and intermediate manufacturing being done in Africa is having the long-term effect of industrializing the continent

Author : Kyle Ferrana
Publisher : SCB Distributors
Page : 326 pages
File Size : 33,60 MB
Release : 2020-01-01
Category : Political Science
ISBN : 1949762882

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While the US portrays itself as a noble example of freedom and democracy, it has in fact led the world to greater inequality than ever before. But now, for the first time in decades, nations facing the brunt of its domination and exploitation have alternative, more tenable options in pursuit of development. Chinese finance is building badly-needed infrastructure where the West would not, Chinese commerce is providing a lifeline to countries the US has targeted for destruction, and Chinese industry is producing new sources of renewable and transition energy at an unparalleled rate. This book addresses: China’s development and political economy based on independent studies, statistical data, and comparative analysis Current geopolitical conflicts and major developments and their relation to China Chinese finance and its effect on the rest of the world, particularly Africa. China’s profound emphasis on environmentalism, renewable energy, and plan for the future. Though it has yet to fully step into this role, the People’s Republic of China has become the de facto leader of a future multipolar world.

Author : Elizabeth C. Economy
Publisher : John Wiley & Sons
Page : 304 pages
File Size : 31,23 MB
Release : 2021-10-25
Category : Political Science
ISBN : 1509537511

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An economic and military superpower with 20 percent of the world’s population, China has the wherewithal to transform the international system. Xi Jinping’s bold calls for China to “lead in the reform of the global governance system” suggest that he has just such an ambition. But how does he plan to realize it? And what does it mean for the rest of the world? In this compelling book, Elizabeth Economy reveals China’s ambitious new strategy to reclaim the country’s past glory and reshape the geostrategic landscape in dramatic new ways. Xi’s vision is one of Chinese centrality on the global stage, in which the mainland has realized its sovereignty claims over Hong Kong, Taiwan, and the South China Sea, deepened its global political, economic, and security reach through its grand-scale Belt and Road Initiative, and used its leadership in the United Nations and other institutions to align international norms and values, particularly around human rights, with those of China. It is a world radically different from that of today. The international community needs to understand and respond to the great risks, as well as the potential opportunities, of a world rebuilt by China.

Author : David Dollar
Publisher : Brookings Institution Press
Page : 444 pages
File Size : 23,35 MB
Release : 2020-06-09
Category : Political Science
ISBN : 0815738064

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How will China reform its economy as it aspires to become the next economic superpower? It's clear that China is the world's next economic superpower. But what isn't so clear is how China will get there by the middle of this century. It now faces tremendous challenges such as fostering innovation, dealing with ageing problem and coping with a less accommodative global environment. In this book, economists from China's leading university and America's best-known think tank offer in depth analyses of these challenges. Does China have enough talent and right policy and institutional mix to transit from input-driven to innovation-driven economy? What does ageing mean, in terms of labor supply, consumption demand and social welfare expenditure? Can China contain the environmental and climate change risks? How should the financial system be transformed in order to continuously support economic growth and keep financial risks under control? What fiscal reforms are required in order to balance between economic efficiency and social harmony? What roles should the state-owned enterprises play in the future Chinese economy? In addition, how will technological competition between the United States and China affect each country's development? Will the Chinese yuan emerge as a major reserve currency, and would this destabilize the international financial system? What will be China's role in the international economic institutions? And will the United States and other established powers accept a growing role for China and the rest of the developing world in the governance of global institutions such as the World Trade Organization and the International Monetary Fund, or will the world devolve into competing blocs? This book provides unique insights into independent analyses and policy recommendations by a group of top Chinese and American scholars. Whether China succeeds or fails in economic reform will have a large impact, not just on China's development, but also on stability and prosperity for the whole world.

Author : C. Fred Bergsten
Publisher : PublicAffairs
Page : 226 pages
File Size : 24,38 MB
Release : 2007-03-13
Category : Business & Economics
ISBN : 1586485350

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China's emergence as a major international power is perhaps the most important development in world affairs of the 21st century. Now, this book provides an indispensable survey of that country, the world's largest-- a vast land with 1.4 billion people and the world's most dynamic economy. Over the past year, Dr. Bates Gill, C. Fred Bergsten, Nicholas R. Lardy, and Derek Mitchell have led four task forces through a rigorous exercise of investigation and intelligence, compiling and analyzing the authoritative data on China's economy, foreign and domestic policy, and national security. Now that material has been shaped into an accessible narrative filled with facts, but written for the general reader. The expert judgements presented in China: The Balance Sheet will inform policymakers in Washintgon, scholars and the business community for years to come.

Author : Arthur R. Kroeber
Publisher : Oxford University Press
Page : 465 pages
File Size : 26,30 MB
Release : 2020-06-05
Category : Business & Economics
ISBN : 0190946490

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China's economic growth has been revolutionary, and is the foundation of its increasingly prominent role in world affairs. It is the world's second biggest economy, the largest manufacturing and trading nation, the consumer of half the world's steel and coal, the biggest source of international tourists, and one of the most influential investors in developing countries from southeast Asia to Africa to Latin America. Multinational companies make billions of dollars in profits in China each year, while traders around the world shudder at every gyration of the country's unruly stock markets. Perhaps paradoxically, its capitalist economy is governed by an authoritarian Communist Party that shows no sign of loosening its grip. China is frequently in the news, whether because of trade disputes, the challenges of its Belt and Road initiative for global infrastructure, or its increasing military strength. China's political and technological challenges, created by a country whose political system and values differ dramatically from most of the other major world economies, creates uncertainty and even fear. China's Economy: What Everyone Needs to Know® is a concise introduction to the most astonishing economic and political story of the last three decades. Arthur Kroeber enhances our understanding of China's changes and their implications. Among the essential questions he answers are: How did China grow so fast for so long? Can it keep growing and still solve its problems of environmental damage, fast-rising debt and rampant corruption? How long can its vibrant economy co-exist with the repressive one-party state? How do China's changes affect the rest of the world? This thoroughly revised and updated second edition includes a comprehensive discussion of the origins and development of the US-China strategic rivalry, including Trump's trade war and the race for technological supremacy. It also explores the recent changes in China's political system, reflecting Xi Jinping's emergence as the most powerful leader since Mao Zedong. It includes insights on changes in China's financial sector, covering the rise and fall of the shadow banking sector, and China's increasing integration with global financial markets. And it covers China's rapid technological development and the rise of its global Internet champions such as Alibaba and Tencent.

Author : Tai P. Ng
Publisher : FriesenPress
Page : 240 pages
File Size : 17,46 MB
Release : 2021-12-08
Category : History
ISBN : 1039125395

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In a time where the USA seems frantic to maintain their world domination by funding a crusade for democracy, it is easy to paint China as an enemy that needs to be kept in check. But is world domination the right goal? What about world peace and harmony for all people? The greatest challenges facing humanity now are global in nature, crossing countries and cultures. The world doesn’t need another religious or ideological battle such as democracy vs communism. It needs all the citizens of our world, but in particular our world leaders and advisors, to truly lead in building empathy and mutual trust, promoting cooperation over competition for the benefit of all humanity. As such, a greater understanding of China is no longer optional in our global village. It is necessary if we want to tackle global challenges such as the COVID-19 pandemic, or face critical world issues such as climate change, world peace, and collaborative governance. As China returns to its original path and reinstates itself as one of the key world leaders, it demands to be treated with respect and as an equal. China is not our enemy. Their Confucian roots are strongly grounded in building harmonious human relationships, and we in the West must build our empathy and knowledge so we can see more shades of grey in this complicated world. We all share this planet and its future destiny together, and confrontational Western thinking will only lead to war. This macroscopic view of Chinese civilization and cultural development will help Western educated readers better interpret world events through a broader and deeper understanding of: ∙ Chinese ways of thinking and behaving ∙ China’s historical trajectory and trends ∙ Current developments and the context behind and around them The authors suggest that we need to view the Chinese way as complementary instead of focusing on the differences. We should spend our energy and resources improving our world instead of minimizing others to maintain superiority. Each of us can change the world for the better. Let’s replace “us versus them” thinking with more “we” and more trust, as mutual understanding and tolerance will enable all of us as humans on Earth to live in greater harmony with each other, and with ourselves.

Author : Elizabeth Economy
Publisher : Oxford University Press, USA
Page : 299 pages
File Size : 21,69 MB
Release : 2014-03
Category : Business & Economics
ISBN : 0199921784

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From two leading scholars in the field, a comprehensive account of the Chinese economy's explosive growth over the past 25 years.

Author : Martin Jacques
Publisher : Penguin
Page : 631 pages
File Size : 14,21 MB
Release : 2009-11-12
Category : History
ISBN : 1101151455

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Greatly revised and expanded, with a new afterword, this update to Martin Jacques’s global bestseller is an essential guide to understanding a world increasingly shaped by Chinese power Soon, China will rule the world. But in doing so, it will not become more Western. Since the first publication of When China Rules the World, the landscape of world power has shifted dramatically. In the three years since the first edition was published, When China Rules the World has proved to be a remarkably prescient book, transforming the nature of the debate on China. Now, in this greatly expanded and fully updated edition, boasting nearly 300 pages of new material, and backed up by the latest statistical data, Martin Jacques renews his assault on conventional thinking about China’s ascendancy, showing how its impact will be as much political and cultural as economic, changing the world as we know it. First published in 2009 to widespread critical acclaim - and controversy - When China Rules the World: The End of the Western World and the Birth of a New Global Order has sold a quarter of a million copies, been translated into eleven languages, nominated for two major literary awards, and is the subject of an immensely popular TED talk.

Author : Tarun Chhabra
Publisher : Brookings Institution Press
Page : 430 pages
File Size : 22,23 MB
Release : 2021-06-22
Category : Political Science
ISBN : 0815739176

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The global implications of China's rise as a global actor In 2005, a senior official in the George W. Bush administration expressed the hope that China would emerge as a “responsible stakeholder” on the world stage. A dozen years later, the Trump administration dramatically shifted course, instead calling China a “strategic competitor” whose actions routinely threaten U.S. interests. Both assessments reflected an underlying truth: China is no longer just a “rising” power. It has emerged as a truly global actor, both economically and militarily. Every day its actions affect nearly every region and every major issue, from climate change to trade, from conflict in troubled lands to competition over rules that will govern the uses of emerging technologies. To better address the implications of China's new status, both for American policy and for the broader international order, Brookings scholars conducted research over the past two years, culminating in a project: Global China: Assessing China's Growing Role in the World. The project is intended to furnish policy makers and the public with hard facts and deep insights for understanding China's regional and global ambitions. The initiative draws not only on Brookings's deep bench of China and East Asia experts, but also on the tremendous breadth of the institution's security, strategy, regional studies, technological, and economic development experts. Areas of focus include the evolution of China's domestic institutions; great power relations; the emergence of critical technologies; Asian security; China's influence in key regions beyond Asia; and China's impact on global governance and norms. Global China: Assessing China's Growing Role in the World provides the most current, broad-scope, and fact-based assessment of the implications of China's rise for the United States and the rest of the world.