Where the last three decades of the 20th century witnessed a China rising on to the global economic stage, the first three decades of the 21st century are almost certain to bring with them the completion of that rise, not only in economic, but also political and geopolitical terms. China's integration into the global economy has brought one-fifth of the global population into the world trading system, which has increased global market potential and integration to an unprecedented level. The increased scale and depth of international specialisation propelled by an enlarged world market has offered new opportunities to boost world production, trade and consumption; with the potential for increasing the welfare of all the countries involved. However, China's integration into the global economy has forced a worldwide reallocation of economic activities. This has increased various kinds of friction in China's trading and political relations with others, as well as generating several globally significant externalities. Finding ways to accommodate China's rise in a way that ensures the future stability and prosperity of the world economy and polity is probably the most important task facing the world community in the first half of the 21st century. The book delves into these issues to reflect upon the wide range of opportunities and challenges that have emerged in the context of a rising China.
Author(s): Jane Golley, Ligang Song
Publisher: Australian National University
Year: 2011
Language: English
Pages: 338
Tags: Международные отношения;Геополитика;
Preliminary......Page 1
Contributors......Page 19
Acknowledgments......Page 23
1. China’s Rise in a Changing World......Page 25
2. China’s Turbulent Half-Decade......Page 33
3. Reform of the International Economic System: What does China want?......Page 53
4 Why Does China Attempt to Internationalise the Renminbi?......Page 69
5. The Technological Content of China’s Exports and the Need for Quality Upgrading......Page 93
6. The Development of China’s FDI Laws and Policies after WTO Accession......Page 109
7. Chinese Manufacturing Firms’ Overseas Direct Investment: Patterns, motivations and challenges......Page 123
8. China’s Petroleum Predicament: Challenges and opportunities in Beijing’s search for energy security......Page 145
9. Promoting Global Carbon Equity and Low-Carbon Growth: China’s role in combating global climate change......Page 161
10. Chinese–US Economic Relations After the Global Financial Crisis......Page 173
11. The Importance of Being Earnest in Defusing US–China Trade Tensions......Page 197
12. Australia–China Economic Relations......Page 205
13. Chinese Development Aid in Africa What, where, why, and how much?......Page 227
14 Clash of the Titans Chinese and Indian growth compared......Page 247
15. The Effects of Institutions on Migrant Wages in China and Indonesia......Page 269
16. China’s Demographic Challenges from a Global Perspective......Page 309
17. Population Ageing, Domestic Consumption and Future Economic Growth in China......Page 325
18. The Route of Urbanisationin China from an International Perspective......Page 339
Index......Page 353
