Re-balancing China

Re-balancing China

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a€˜Re-balancing Chinaa€™ addresses three key sets of issues in Chinaa€™s political economy. Part One provides an analysis of the profound effect of the global financial crisis upon Chinaa€™s economy, as well as the positive impact of the massive rescue package that was implemented in response to the crisis. Part Two focuses on the challenge of globalization for Chinaa€™s industrial policy. After more than two decades of industrial policy, China still has a negligible number of large firms that are competitive in global markets. Chinaa€™s experience presents a fundamental challenge to traditional concepts of industrial policy and development. Part Three examines Chinaa€™s international relations a€“ in particular, its relationship with the US and the interactions between the two countries in the East and South China Seas.Essays on the Global Financial Crisis, Industrial Policy and International Relations Peter Nolan. RMB 7 trillion ($1, 083 billion) in outstanding wealth management products, more than triple the level at the end of 2010, ... Between 2007 and 2010 lending from financial institutions rose by 83 per cent, from RMB 26.2 trillion to RMB 47.9 trillion while Chinaa#39;s GDP rose by 51 per cent (SSB 2009 and 2011).

Title:Re-balancing China
Author: Peter Nolan
Publisher:Anthem Press - 2015-03-01

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