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.
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Produktdetaljer
ISBN
9780190946494
Publisert
2020
Utgave
2. utgave
Utgiver
Vendor
Oxford University Press
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter