Miaojie Yu – författare

With the expansion of globalization, international trade has played an increasingly significant role, especially for developing countries. As the largest developing country, China has made a lot of efforts to integrate to the global market since its Open and Reform Policy in 1978 and has become the second largest economy in world. So what is the effect of China’s trade-oriented strategy for the country and the world? How did it improve the country’s economic development? These are some critical questions this book discusses.

This book utilizes classic Western economic models to examine how China’s openness policies have affected the manufacturing upgrading and economic development of the country. A large amount of micro-level empirical evidence is added to support the conclusion.

Scholars and students in economics and business will benefit from this book. Also, it will appeal to readers interested in policy making and Chinese studies.

With the expansion of globalization, international trade has played an increasingly significant role, especially for developing countries. As the largest developing country, China has made a lot of efforts to integrate to the global market since its Open and Reform Policy in 1978 and has become the second largest economy in world. So what is the effect of China’s trade-oriented strategy for the country and the world? How did it improve the country’s economic development? These are some critical questions this book discusses.

This book utilizes classic Western economic models to examine how China’s openness policies have affected the manufacturing upgrading and economic development of the country. A large amount of micro-level empirical evidence is added to support the conclusion.

Scholars and students in economics and business will benefit from this book. Also, it will appeal to readers interested in policy making and Chinese studies.

The remarkable rise of China over the past three decades has been unprecedented in both its scale and speed. Analysts around the world have attempted to understand the causes of this unique event and to predict how long it will last.

China''s rise has also raised two important questions. The first concerns the stability and the sustainability of China’s growth, which has been accompanied by growing internal and external imbalances, rising inequality at home, environmental degradation and an increased risk of catastrophic climate change, and has happened in spite of the continuing, if diminished, role of the state in many sectors of the economy. The second concerns trying to guess what the effect of China’s rise will be on its relations with the rest of the region, the world and the existing global order. It seems only a matter of time until China becomes the world’s largest economy, and history suggests that it is unthinkable that this event would be without geopolitical consequences.

The chapters in this volume draw on papers originally presented to the 34th Pacific Trade and Development Conference held in Beijing in 2010 to discuss these two big questions and China’s changing role in the world economy. This book will be welcomed by students and scholars of Chinese economics, business and politics, and those interested in the pervasive impact of China’s development on the global economy.

The remarkable rise of China over the past three decades has been unprecedented in both its scale and speed. Analysts around the world have attempted to understand the causes of this unique event and to predict how long it will last.

China''s rise has also raised two important questions. The first concerns the stability and the sustainability of China’s growth, which has been accompanied by growing internal and external imbalances, rising inequality at home, environmental degradation and an increased risk of catastrophic climate change, and has happened in spite of the continuing, if diminished, role of the state in many sectors of the economy. The second concerns trying to guess what the effect of China’s rise will be on its relations with the rest of the region, the world and the existing global order. It seems only a matter of time until China becomes the world’s largest economy, and history suggests that it is unthinkable that this event would be without geopolitical consequences.

The chapters in this volume draw on papers originally presented to the 34th Pacific Trade and Development Conference held in Beijing in 2010 to discuss these two big questions and China’s changing role in the world economy. This book will be welcomed by students and scholars of Chinese economics, business and politics, and those interested in the pervasive impact of China’s development on the global economy.

This book, by one of China''s leading economists, explores the past and present of the RMB—the people''s currency—as it is poised to compete with the dollar as the international reserve currency. 

Exchange rate movement and its pass-through to changes in domestic prices have been topics of wide concern among economists. However, relatively few studies have empirically investigated the relationship between exchange rate movements and China''s international trade.This book fills this gap, using the general equilibrium theory of the western economic science norm systems, integrating the leading heterogeneous firm theory of international trade, attempting to set up a theoretical structural model for further prediction, and applying the data from sample cases to examine the structural model. This book will be of interest to economists, financiers, and China watchers.

This book focuses on China''s fast-growing outward foreign direct investment (ODI) and discusses the underlying causes and profound effects of Chinese enterprises’ “going global.” The book includes eight chapters to analyze the basic characteristics of China''s ODI manufacturing enterprises, examine the relationship between enterprise productivity and ODI, investigate the differences between state-owned enterprises and private enterprises in factor market, enterprise ownership and investment, analyze the overall effect of the foreign direct investment (FDI) and thereby the China–US bilateral investment treaties (BIT) on Chinese manufacturing sector in terms of productivity and profitability of the firms. The last chapter provides an overview of China’s three stages of economic reform and opening-up policy in the past four decades, and analyzes the reasons for China’s realization of the splendid economic achievements within such a short time and the main driving forces of China’s incremental international trade in different stages, and discusses the future tasks that would promote the country into a new stage of all-round opening-up.

The book aims to illustrate the evolution of China’s opening-up design during the past decades and discuss several most important measures to build an all-around opening-up strategy. Based on these profound analyses, the book provides further policy implication for the sustainable development of China’s opening-up.

Dieses Buch konzentriert sich auf die aktuellen Spannungen zwischen China und den USA im Zusammenhang mit dem Handelsungleichgewicht und erörtert Chinas Öffnungsstrategie im Kontext dieses Handelskonflikts. Das Buch gliedert sich in zwei Teile. Im ersten Teil legt der Autor eine detaillierte Analyse des aktuellen Stands der Handelsbeziehungen zwischen China und den USA vor und beschreibt die möglichen Auswirkungen von Handelskonflikten zwischen China und den USA. Zu den in diesem Teil behandelten Themen gehören die Neuschätzung des US-Handelsdefizits mit China, Chinas Status als Nicht-Marktwirtschaft, die Auswirkungen der bilateralen Investitionsabkommen zwischen China und den USA auf Chinas verarbeitende Industrie sowie die geschätzten Wohlfahrtsverluste und -gewinne, die sich aus dem Handelskrieg zwischen China und den USA ergeben. Teil II untersucht Chinas mögliche Reaktion und Entwicklungsstrategie im Kontext der De-Globalisierung. Ausgehend von einem Überblick über die drei Phasen der chinesischen Wirtschaftsreform und Öffnungspolitik in den vergangenen vier Jahrzehnten erörtert der Autor die künftigen Aufgaben, die das Land in eine neue Phase der umfassenden Öffnung führen würden. Schließlich wird in dem Buch die Rolle der Handelsabwicklung, der Handelsliberalisierung und der Unternehmensleistung bei der Förderung von Chinas wundersamem Wirtschaftswachstum umfassend untersucht, um ein besseres Verständnis von Chinas Erfahrungen mit der Öffnung in den letzten vier Jahrzehnten zu fördern.

This book focuses on input trade liberalization in China and discusses the underlying causes and profound effects of Chinese enterprises facing import liberalization of intermediate input. The content of this book includes ten chapters. The analysis of this book mainly uses academic research, with policy study for a few chapters. Most chapters in this book apply the standard method of contemporary economic systems, integrating into the most advanced economic theories of international trade. The author uses theoretical models to obtain predictions which receive empirical support and carries out strict empirical research using data of China''s manufacturing enterprises and China''s customs to analyze the causes which affect Chinese enterprises facing import liberalization of intermediate input after China’s reform and opening-up.

The suggested readership would be the public who are willing to understand the issues closely related to China’s input trade liberalization and opening-up policy, and basic knowledge in economics would be necessary in understanding the academic research part of the book. Meanwhile, this book is also specifically compelling to business persons and policy makers in that it enables deeper understanding on issues about outward foreign investment of enterprises and China’s opening-up policy and facilitates their decision-making process.