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Guangdong, capitalizing on its traditional role as China's gateway to the outside world and its proximity to Hong Kong and Macau, has witnessed momentous and fundamental changes since 1978. The province has raced ahead in rapid economic development and physical transformation, reaping the largest dividends in China's open policy and economic reforms. So rapidly has Guangdong developed during the last decade that it has set for itself the target of becoming another little dragon of Asia. This volume addresses the processes, outcomes and meanings of the rapidity of physical and socioeconomic transformation in Guangdong across a wide spectrum of subjects. Undertaken almost exclusively by academics in Hong Kong, this book-length study of Guangdong is a major contribution in our quest for a better understanding of China's modernization and development programmes through its multifaceted experimentation in the southerly province.
One Step Ahead in China is a groundbreaking book, unique in its detailed coverage of Guangdong, the first socialist dragon to follow in the path of South Korea and Taiwan. 6 maps, 7 tables.
The Guangdong province is the forerunner of China's economic reform, it has developed rapidly in the last twenty years since opening up its economy to the outside world. This book covers the evolution of economic reform in Guangdong, its links to Hong Kong and other parts of China, and developmental strategies in different parts of Guangdong. The book analyses the many factors that have contributed to economic reform and covers topics such as development of land, human resources, the agricultural sector and industrialisation, and reforms of state-owned enterprises and township and village enterprises. Consisting of eleven essays written by government officials and executives from the Guangdong province of China, this book offers a unique insight into the economic development in Guangdong.
This study traces the origins of the agrarian crisis in southernmost China in the 1920s and 1930s. It shows the deep-rooted and multifaceted nature of the agrarian crisis, and highlights the importance of technological and institutional remedies to China's rural problems. The author also calls for greater appreciation of the worth of alternative perspectives, as this is vital to the understanding of a complex historical reality rife with contradictions.
China’s rapid economic growth has drawn attention to the Chinese diasporic communities and the multiple networks that link Chinese individuals and organizations throughout the world. Ethnic Chinese have done very well economically, and the role of the Chinese Diaspora in China’s economic success has created a myth that their relations with China is natural and primordial, and that regardless of their base outside China and generation of migration, the Chinese Diaspora are inclined to participate enthusiastically in China’s social and economic agendas. This book seeks to dispel such a myth. By focusing on Guangdong, the largest ancestral and native homeland, it argues that not all Chinese diasporic communities are the same in terms of mentality and orientation, and that their connections to the ancestral homeland vary from one community to another. Taking the two Cantonese-speaking localities of Panyu and Xinyi, Yow Cheun Hoe examines the hierarchy of power and politics of these two localities in terms of their diasporic kinsfolk in Singapore and Malaysia, in comparison with their counterparts in North America and Hong Kong. The book reveals that, particularly in China’s reform era since 1978, the arguably primordial sentiment and kinship are less than crucial in determining the content and magnitude of linkages between China and the overseas Chinese. Rather, it suggests that since 1978 business calculation and economic rationale are some of the key motivating factors in determining the destination and degree of diasporic engagement. Examining various forms of Chinese diasporic engagement with China, this book will appeal to students and scholars of Chinese Diaspora, Chinese culture and society, Southeast Asian culture and society and ethnicity.
This book examines the Nanjing decade of Guomindang rule (1927-1937) and the early post-Mao reform era (1980-1992) of Chinese history that have commonly been viewed as periods of state disintegration or retreat. And they were--at the central level. When reexamined at the local level, however, both are revealed as periods of state building.
China presents us with a conundrum. How has a developing country with a spectacularly inefficient financial system, coupled with asset-destroying state-owned firms, managed to create a number of vibrant high-tech firms? China's domestic financial system fails most private firms by neglecting to give them sufficient support to pursue technological upgrading, even while smothering state-favoured firms by providing them with too much support. Due to their foreign financing, multinational corporations suffer from neither insufficient funds nor soft budget constraints, but they are insufficiently committed to China's development. Hybrid firms that combine ethnic Chinese management and foreign financing are the hidden dragons driving China's technological development. They avoid the maladies of China's domestic financial system while remaining committed to enhancing China's domestic technological capabilities. In sad contrast, China's domestic firms are technological paper tigers. State efforts to build local innovation clusters and create national champions have not managed to transform these firms into drivers of technological development. These findings upend fundamental debates about China's political economy. Rather than a choice between state capitalism and building domestic market institutions, China has fostered state capitalism even while tolerating the importing of foreign market institutions. While the book's findings suggest that China's state and domestic market institutions are ineffective, the hybrids promise an alternative way to avoid the middle-income trap. By documenting how variation in China's institutional terrain impacts technological development, the book also provides much needed nuance to widespread yet mutually irreconcilable claims that China is either an emerging innovation power or a technological backwater. Looking beyond China, hybrid-led development has implications for new alternative economic development models and new ways to conceptualize contemporary capitalism that go beyond current domestic institution-centric approaches.