This book presents a wide-ranging assessment of the current state of China’s economy in relation to the global international economy. It discusses the role China has played in responding to the economic crisis; assesses the continuing strong prospects for further economic growth in China; and examines China’s deepening integration into the world economy. Specific topics covered include China’s foreign reserves and global economic recovery; the international expansion of Chinese multinationals and China’s private businesses; and the role of technological innovation in China’s economic growth. Overall, the book provides a wealth of detail and up-to-date insights concerning China’s development path, growth potential, sustainability and impact.
Table of Contents
Preface Foreword - Wing Thye Woo Part I: China's Adjustment in the Crisis 1. China’s battle against the global economic crisis – Qixiang Sun and Xiaolan Fu 2. Uncanny Partnership in Global Imbalances: China’s Continual Accumulation of US Treasuries - Zhichao Zhang, Frankie Chow and Nan Shi 3. Institutional Reactions to the Impact of Global Crisis at Source and Destination Cities of Migration in China - Maria Csanadi 4. Guanxi as Competitive Advantage during Economic Crises: Evidence from China During the Recent Global Financial Crisis - Susanne Ruehle 5. China and the World: Assessment and Prospect of the 'Post-Crisis' Era - Angang Hu Part II: China and the World Economy 6. The Rise of China: Implications for Global Stability and Sustainability - Carl Dahlman 7. Global Manufactures Prices: how do China’s exports compare? - Xiaolan Fu, Raphie Kaplinsky and Dina Kale 8. An exploration of how Chinese Companies Use Tax Havens and Offshore Financial Centres: ‘Round-Tripping’ or ‘Capital-Augmenting’ OFDI? - Dylan Sutherland, Ben Matthews and Ahmad El-Gohari 9. National and international expansion of Chinese SMEs: a different story? - Guillermo Cardoza and Gaston Fornes 10. Dissecting Chinese ODI: Dragon Multinationals in Italy - Valeria Gattai Part III: China's growth potential 11. China's Growth Potential - Jinghai Zheng, Angang Hu and Arne Bigsten 12. The sustainability of China’s export growth: the role of the private sector and foreign trade system reforms - Xiaolan Fu and Didi Xu 13. Technological Innovation, Productivity and Competitiveness －Evidence from China’s IT Manufacturing - Jinghua Xu 14. Creativity, management and success of research projects: a cross country comparison - Jizhen Li and Xin Pu 15. Bank Efficiency and Productivity Growth in Hong Kong and Macau - Xiaoqing Fu, Lek Lam Vong
Xiaolan Fu is Director of Programme for Technology and Management for Development and Fellow of Green-Templeton College, University of Oxford, UK. Her recent books include The Rise of Technological Power in the South and Exports, Foreign Direct Investment and Economic Development in China.