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This paper has shown that in addition to strong support from the government, China's metallurgical industries have bene ted by absorbing foreign technologies and then using indigenous development capabilities to improve operating performance. China's dominance of most metallurgical sectors provides ample evidence of the success of this approach. However, if China is to sustain its technical leadership it will need to adjust this model to one that encourages breakthrough technologies as against the incremental improvements that characterize the current model. Making this change will not be easy because China's current business culture punishes failure more than it rewards success, which is an environment not conducive to the judicious risk- taking that is essential for developing disruptive technologies. Further, China's obsession with secrecy and its reputation for the widespread theft of intellectual property constrain transnational collaboration. These factors will make it di cult for China to adjust its innovation model to one that can provide the technical solutions essential for sustained improvement. But even if the model can be changed it is doubtful whether it will be any longer possible to "make the foreign serve China." Western industry and the policies of their governments need to adapt to this reality. Although trade remedies may be appropriate in some circumstances, more generally Western industry should focus on their evolving technological comparative advantages and cooperating with Chinese producers where appropriate.
What is China’s high-speed rail diplomacy? What is China’s infrastructure diplomacy? How do they relate to each other and to the country’s Belt and Road Initiative? Can China finance the numerous projects around the world under the initiative? This book assesses the important implications of China’s new diplomacy for the global political economy. It argues that a new developmental path called ‘geo-developmentalism’ is in the making: China plays a leading role in promoting growth and building connections across Eurasia and beyond.
This book analyzes China’s foreign technology acquisition activity and how this has helped its rapid rise to superpower status. Since 1949, China has operated a vast and unique system of foreign technology spotting and transfer aimed at accelerating civilian and military development, reducing the cost of basic research, and shoring up its power domestically and abroad—without running the political risks borne by liberal societies as a basis for their creative developments. While discounted in some circles as derivative and consigned to perpetual catch-up mode, China’s "hybrid" system of legal, illegal, and extralegal import of foreign technology, combined with its indigenous efforts, is, the authors believe, enormously effective and must be taken seriously. Accordingly, in this volume, 17 international specialists combine their scholarship to portray the system’s structure and functioning in heretofore unseen detail, using primary Chinese sources to demonstrate the perniciousness of the problem in a manner not likely to be controverted. The book concludes with a series of recommendations culled from the authors’ interactions with experts worldwide. This book will be of much interest to students of Chinese politics, US foreign policy, intelligence studies, science and technology studies, and International Relations in general.
This new book is the first full account, inside or outside government, of China’s efforts to acquire foreign technology. Based on primary sources and meticulously researched, the book lays bare China’s efforts to prosper technologically through others' achievements. For decades, China has operated an elaborate system to spot foreign technologies, acquire them by all conceivable means, and convert them into weapons and competitive goods—without compensating the owners. The director of the US National Security Agency recently called it "the greatest transfer of wealth in history." Written by two of America's leading government analysts and an expert on Chinese cyber networks, this book describes these transfer processes comprehensively and in detail, providing the breadth and depth missing in other works. Drawing upon previously unexploited Chinese language sources, the authors begin by placing the new research within historical context, before examining the People’s Republic of China’s policy support for economic espionage, clandestine technology transfers, theft through cyberspace and its impact on the future of the US. This book will be of much interest to students of Chinese politics, Asian security studies, US defence, US foreign policy and IR in general.
"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
Report on recent industrial policy trends encouraging modernization and technological change in the industrial sector and industrial development in China - discusses growing interest in technology transfer and the acquisition of Western machinery and knowhow, and examines obstacles related to the institutional framework, financial policy, economic doctrine, etc. Graphs, organigram, and statistical tables.
This book explores how China’s industrial transformation and development depend on technology and innovation and how considerations about issues associated with technology and innovation may affect China’s development strategies. Market-oriented reforms initiated four decades ago have constantly fueled a high speed of development in China. The country’s industrial structure has experienced rapid evolution. In the meantime, especially in the general context of globalization, the country has also opened to foreign trade and foreign direct investment, transforming itself from a virtually completely closed economy into a major trading nation and the largest developing country destination for foreign direct investment in the world. Technology is thought to be one of the key driving forces that shape the transformation of the Chinese economy. Owing to different speeds of innovation and technology diffusion, uneven development is one major issue in the process of China’s industrial transformation under new trends of globalization. Substantial disparities across different Chinese regions, e.g., the gaps in regional industrial development and those in incomes and living standards, have been one prominent feature of China and are (needless to say) closely related to different speeds of innovation and technology diffusion. The relationship between technology diffusion, innovation, and industrial development is an important yet complicated issue that deserves careful study. Considerations related to technology and innovation play a crucial role in leading and shaping China’s development strategies and routes. Sustainable development of China creates strong pressures for continuous transforming, upgrading, and restructuring of the Chinese economy, and in all of these processes, innovation and technology diffusion play a fundamental role. The book presents to the interested reader facts, thoughts, models, empirical results, and discussions that shed light on those issues.
China’s trade patterns are evolving. While it started in light manufacturing and the assembly of more sophisticated products as part of global supply chains, China is now moving up the value chain, “onshoring” the production of higher-value-added upstream products and moving into more sophisticated downstream products as well. At the same time, with its wages rising, it has started to exit some lower-end, more labor-intensive sectors. These changes are taking place in the broader context of China’s rebalancing—away from exports and toward domestic demand, and within the latter, away from investment and toward consumption—and as a consequence, demand for some commodity imports is slowing, while consumption imports are slowly rising. The evolution of Chinese trade, investment, and consumption patterns offers opportunities and challenges to low-wage, low-income countries, including China’s neighbors in the Mekong region. Cambodia, Lao P.D.R., Myanmar, and Vietnam (the CLMV) are all open economies that are highly integrated with China. Rebalancing in China may mean less of a role for commodity exports from the region, but at the same time, the CLMV’s low labor costs suggest that manufacturing assembly for export could take off as China becomes less competitive, and as China itself demands more consumption items. Labor costs, however, are only part of the story. The CLMV will need to strengthen their infrastructure, education, governance, and trade regimes, and also run sound macro policies in order to capitalize fully on the opportunities presented by China’s transformation. With such policy efforts, the CLMV could see their trade and integration with global supply chains grow dramatically in the coming years.
In the 1980s, China faced the monumental task of creating, from scratch, internationally competitive companies. This challenge was especially daunting in the information and communications technology (ICT) sector. The Inside Story of China's High-Tech Industry describes the emergence and growth of this industry in China through a historically situated analysis of China's leading science park, Beijing's Zhongguancun, also known as China's Silicon Valley. Zhou challenges the prevailing view that foreign multinational corporations and exports are the driving forces for technological progress in less developed countries by arguing that, in the case of China, it is the conjunction of domestic and export markets that has provided the main impetus to technological learning and the development of industry competitiveness. This is the best treatment to date of China's most important innovation region. It will be useful for scholars and students in the fields of economics, regional sciences, geography, planning, sociology, information technology, and business management, as well as for anyone interested in the rise of China and global technological development.