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A combination of scholarly, commercial, and popular interests has generated a large quantity of literature on every aspect of Chinese life during the past two decades. This bibliography reflects these combined interests; it is broken up into sections by subject headings, and cross-references refer the researcher to related topics.
Prior to the initiation of economic reforms and trade liberalization 36 years ago, China maintained policies that kept the economy very poor, stagnant, centrally-controlled, vastly inefficient, and relatively isolated from the global economy. Since opening up to foreign trade and investment and implementing free market reforms in 1979, China has been among the world's fastest-growing economies, with real annual gross domestic product (GDP) growth averaging nearly 10% through 2016. In recent years, China has emerged as a major global economic power. It is now the world's largest economy (on a purchasing power parity basis), manufacturer, merchandise trader, and holder of foreign exchange reserves.The global economic crisis that began in 2008 greatly affected China's economy. China's exports, imports, and foreign direct investment (FDI) inflows declined, GDP growth slowed, and millions of Chinese workers reportedly lost their jobs. The Chinese government responded by implementing a $586 billion economic stimulus package and loosening monetary policies to increase bank lending. Such policies enabled China to effectively weather the effects of the sharp global fall in demand for Chinese products, but may have contributed to overcapacity in several industries and increased debt by Chinese firms and local government. China's economy has slowed in recent years. Real GDP growth has slowed in each of the past six years, dropping from 10.6% in 2010 to 6.7% in 2016, and is projected to slow to 5.7% by 2022.The Chinese government has attempted to steer the economy to a "new normal" of slower, but more stable and sustainable, economic growth. Yet, concerns have deepened in recent years over the health of the Chinese economy. On August 11, 2015, the Chinese government announced that the daily reference rate of the renminbi (RMB) would become more "market-oriented." Over the next three days, the RMB depreciated against the dollar and led to charges that China's goal was to boost exports to help stimulate the economy (which some suspect is in worse shape than indicated by official Chinese economic statistics). Concerns over the state of the Chinese economy appear to have often contributed to volatility in global stock indexes in recent years.The ability of China to maintain a rapidly growing economy in the long run will likely depend largely on the ability of the Chinese government to implement comprehensive economic reforms that more quickly hasten China's transition to a free market economy; rebalance the Chinese economy by making consumer demand, rather than exporting and fixed investment, the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection. The Chinese government has acknowledged that its current economic growth model needs to be altered and has announced several initiatives to address various economic challenges. In November 2013, the Communist Party of China held the Third Plenum of its 18th Party Congress, which outlined a number of broad policy reforms to boost competition and economic efficiency. For example, the communique stated that the market would now play a "decisive" role in allocating resources in the economy. At the same time, however, the communique emphasized the continued important role of the state sector in China's economy. In addition, many foreign firms have complained that the business climate in China has worsened in recent years. Thus, it remains unclear how committed the Chinese government is to implementing new comprehensive economic reforms.China's economic rise has significant implications for the United States and hence is of major interest to Congress. This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise.
China’s bond market is destined to play an increasingly important role, both at home and abroad. And the inclusion of the country’s bonds in global indexes will be a milestone for its financial market integration, bringing big opportunities as well as challenges for policymakers and investors alike. This calls for a good understanding of China’s bond market structure, its unique characteristics, and areas where reforms are needed. This volume comprehensively analyzes the different segments of China’s bond market, from sovereign, policy bank, and credit bonds, to the rapidly growing local government bond market. It also covers bond futures, green bonds, and asset-backed securities, as well as China’s offshore market, which has played a major role in onshore market development.
The paradox of contemporary China - its openness to Western technology, yet its rejection of Western democratic ideals - serves to make China appear remote and inaccessible to those outside. The country's vast area and population only accentuate these difficulties. The Cambridge Handbook of Contemporary China presents topical information on all aspects of Chinese life since 1949, with particular emphasis on the 1980s; its major strength is its contemporary focus and easy-to-use format. Useful maps and tabled statistics accompany the text, which is divided into clearly defined categoried. Designed for students, specialists, educationalists, journalists and those in business and government as well as the general reader, the Handbook provides easy access to information on all areas of Chinese life and is a good starting-point for research.
By intelligence officials for intelligent people
Completely revised and updated, the New Cambridge Handbook of Contemporary China is an indispensable and manageable guide to the world's most populous nation. Emphasising the period from the 1990s, the book covers and includes the following subjects: a chronology detailing events since 1949; politics and law; biographies of eminent individuals; an annotated bibliography of books, journals and websites relevant to China in the 1990s and beyond; foreign relations, especially with the United States and Russia; the economy, including China's main economic reform programs and objectives; education; population and a gazetteer. With an excellent selection of figures, diagrams and maps, this book will be the standard reference to contemporary China for students, teachers, journalists, travelers, academic and government researchers, business people, policy-makers and general readers.
This volume serves as a guide to all facets of China study: from advice on choosing an appropriate literary dictionary to finding the most recent yearbooks that offer statistical data about the contemporary economy. China Bibliography does not restrict itself to one particular 'discipline', but considers the development of Chinese civilization as a whole, from its imperial beginnings to the present, and therefore demonstrates how one would find information about Chinese history, literature, religion, linguistics, collectanea, as well as present day PRC economic and political policies. Because this book also explains how bibliographical data on China has accumulated over the last 300 years (including within China itself), it also may help the reader understand the significance of a particular type of reference work.
China's power sector has performed impressively during the past twenty years in support of economic growth. Faced with the need to expand its power capacity, China is investing heavily in the construction of new power plants and self-financing capability. While the country still depends mainly on domestic capital funds to develop its power industry, foreign capital is increasingly sought to import power equipment and advanced technology.To bring in more capital, China has made efforts to attract foreign financial involvement, mainly in the form of multilateral and bilateral loans. Equally significant in the development of China's power sector are the establishment of regional power grids and the implementation of electricity tariff reform to tackle the problems of inefficient power distribution and usage.
First multi-year cumulation covers six years: 1965-70.