is china buying the world

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Is China Buying The World

Author : Peter Nolan
ISBN : 9780745660943
Genre : Business & Economics
File Size : 50. 98 MB
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China has become the world's second biggest economy and its largest exporter. It possesses the world's largest foreign exchange reserves and has 29 companies in the FT 500 list of the world's largest companies. ‘China's Rise' preoccupies the global media, which regularly carry articles suggesting that it is using its financial resources to ‘buy the world'. Is there any truth to this idea? Or is this just scaremongering by Western commentators who have little interest in a balanced presentation of China's role in the global political economy? In this short book Peter Nolan - one of the leading international experts on China and the global economy - probes behind the media rhetoric and shows that the idea that China is buying the world is a myth. Since the 1970s the global business revolution has resulted in an unprecedented degree of industrial concentration. Giant firms from high income countries with leading technologies and brands have greatly increased their investments in developing countries, with China at the forefront. Multinational companies account for over two-thirds of China's high technology output and over ninety percent of its high technology exports. Global firms are deep inside the Chinese business system and are pressing China hard to be permitted to increase their presence without restraints. By contrast, Chinese firms have a negligible presence in the high-income countries - in other words, we are ‘inside them' but they are not yet ‘inside us'. China's 70-odd ‘national champion' firms are protected by the government through state ownership and other support measures. They are in industries such as banking, metals, mining, oil, power, construction, transport, and telecommunications, which tend to make use of high technology products rather than produce these products themselves. Their growth has been based on the rapidly growing home market. China has been unsuccessful so far in its efforts to nurture a group of globally competitive firms with leading global technologies and brands. Whether it will be successful in the future is an open question. This balanced analysis replaces rhetoric with evidence and argument. It provides a much-needed perspective on current debates about China's growing power and it will contribute to a constructive dialogue between China and the West.

Is China Buying The World

Author : Peter Nolan
ISBN : 9780745660783
Genre : Business & Economics
File Size : 57. 84 MB
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Debunks the myth that China is systematically buying the world through an analysis of the current debates about its perceived and actual growing power.

Is China Buying The World

Author : Peter Nolan
ISBN : 9780745675886
Genre : Business & Economics
File Size : 85. 79 MB
Format : PDF, ePub, Docs
Download : 605
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China has become the world's second biggest economy and its largest exporter. It possesses the world's largest foreign exchange reserves and has 29 companies in the FT 500 list of the world's largest companies. ‘China's Rise' preoccupies the global media, which regularly carry articles suggesting that it is using its financial resources to ‘buy the world'. Is there any truth to this idea? Or is this just scaremongering by Western commentators who have little interest in a balanced presentation of China's role in the global political economy? In this short book Peter Nolan - one of the leading international experts on China and the global economy - probes behind the media rhetoric and shows that the idea that China is buying the world is a myth. Since the 1970s the global business revolution has resulted in an unprecedented degree of industrial concentration. Giant firms from high income countries with leading technologies and brands have greatly increased their investments in developing countries, with China at the forefront. Multinational companies account for over two-thirds of China's high technology output and over ninety percent of its high technology exports. Global firms are deep inside the Chinese business system and are pressing China hard to be permitted to increase their presence without restraints. By contrast, Chinese firms have a negligible presence in the high-income countries - in other words, we are ‘inside them' but they are not yet ‘inside us'. China's 70-odd ‘national champion' firms are protected by the government through state ownership and other support measures. They are in industries such as banking, metals, mining, oil, power, construction, transport, and telecommunications, which tend to make use of high technology products rather than produce these products themselves. Their growth has been based on the rapidly growing home market. China has been unsuccessful so far in its efforts to nurture a group of globally competitive firms with leading global technologies and brands. Whether it will be successful in the future is an open question. This balanced analysis replaces rhetoric with evidence and argument. It provides a much-needed perspective on current debates about China's growing power and it will contribute to a constructive dialogue between China and the West.

As China Goes So Goes The World

Author : Karl Gerth
ISBN : 9781429962469
Genre : History
File Size : 35. 33 MB
Format : PDF
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In this revelatory examination of the most overlooked force that is changing the face of China, the Oxford historian and scholar of modern Asia Karl Gerth shows that as the Chinese consumer goes, so goes the world. While Americans and Europeans have become increasingly worried about China's competition for manufacturing jobs and energy resources, they have overlooked an even bigger story: China's rapid development of an American-style consumer culture, which is revolutionizing the lives of hundreds of millions of Chinese and has the potential to reshape the world. This change is already well under way. China has become the world's largest consumer of everything from automobiles to beer and has begun to adopt such consumer habits as living in large single-occupancy homes, shopping in gigantic malls, and eating meat-based diets served in fast-food outlets. Even rural Chinese, long the laggards of consumerism, have been buying refrigerators, televisions, mobile phones, and larger houses in unprecedented numbers. As China Goes, So Goes the World reveals why we should all care about the everyday choices made by ordinary Chinese. Taken together, these seemingly small changes are deeper and more profound than the headline-grabbing stories on military budgets, carbon emissions, or trade disputes.

China Inc

Author : Ted C. Fishman
ISBN : 0743257529
Genre : Business & Economics
File Size : 71. 66 MB
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Predicting economic challenges that the author believes will occur as a result of China's growing ability to produce U.S. products more cheaply, an economic analysis draws on hundreds of interviews with Chinese, American, and European workers and businesspeople that draw conclusions about China's future as a superpower. 75,000 first printing.

China S Silent Army

Author : Heriberto Araújo
ISBN : 9781846145407
Genre : History
File Size : 46. 57 MB
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China's Silent Army is a revealing and gripping piece of investigative journalism into the unknown extent of China's global power, from China-based reporters Juan Pablo Cardenal and Heriberto Araújo This book stems from the remarkable, determined work of these two China-based journalists who, frustrated by the facile, pro-business commentary of so much writing on China and the evasions of Beijing's official pronouncements, took a drastic decision: to see for themselves just how rapidly China is spreading its influence around the world. Many thousands of miles and twenty-five countries later, China's Silent Army is the result: an unprecedented attempt to meet the many Chinese who, through hard work, ingenuity and ruthless business practices are rapidly moving much of the world into Beijing's orbit. From Peruvian mines to Siberian forests, from Sudanese dams to Burmese jade mines - everywhere China's 'silent army' is working to redirect enormous resources. China's Silent Army allows the reader to come face-to-face with extraordinary individuals working on China's behalf, often in truly terrible conditions, to create what amounts to a new, informal empire. Reviews: 'Powerful ... brilliant ... The book cuts to the political core' Michael Sheridan, Sunday Times 'Lively and humane ... [China's Silent Army] offers essential information for all who wish to learn how the global reach of China Inc is transforming the lives of everyone on this planet' Frank Dikötter, Literary Review 'Excellent macro-economic insights ... but ultimately the human stories are what make it so compelling ... It ought to be required reading' Prospect '[Cardenal and Araújo's] research is prodigious and the facts they unearth startling ... the Chinese should reflect on the questions the book raises. To put it mildly, there appears to be a case to answer' Evening Standard 'Engaging and sympathetic ... Fascinating and vivid' Spectator About the authors: Juan Pablo Cardenal has been reporting from and about China and the Asia-Pacific region since 2003, first, as the Shanghai correspondent for Spain's daily El Mundo and, later, in Singapore and Beijing for Spain's leading economic daily El Economista. Heriberto Araújo arrived to Beijing in early 2007 and has focused in social and economic issues related to China and Asia. He initially worked for the AFP agency, as the Spanish correspondent in Beijing, and then started his career as a freelance, working for several French (M6, France 24, RFI) and Spanish (Notimex, Capital) media. They have jointly published related articles in Foreign Policy, El País, The South China Morning Post, Radio France International (RFI) and in leading Japanese weekly Shukan Bunshun.

The Chinese Dream The Rise Of The World S Largest Middle Class And What It Means To You

Author : Helen H. Wang
ISBN : 9781617891656
Genre :
File Size : 33. 67 MB
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(2nd Edition: July 6, 2012) In The Chinese Dream, a groundbreaking book about the rising middle class in China, Forbes columnist and China expert Helen Wang challenges us to recognize that some of our fears about China are grossly misplaced. As a result of China's new capitalist paradigm, a burgeoning middle class-calculated to reach 800 million within the next fifteen years-is jumping aboard the consumerism train and riding it for all it's worth-a reality that may provide the answer to America's economic woes. And with China's increasing urbanization and top-down governmental approach, it now faces increasing energy, environmental, and health problems-problems that the U.S. can help solve. Through timely interviews, personal stories, and a historical perspective, China-born Wang takes us into the world of the Chinese entrepreneurial middle class to show how a growing global mindset and the realization of unity in diversity may ultimately provide the way to creating a saner, safer world for all.

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