China's Superbank - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook China's Superbank write by Henry Sanderson. This book was released on 2013-01-22. China's Superbank available in PDF, EPUB and Kindle. Inside the engine-room of China's economic growth—the China Development Bank Anyone wanting a primer on the secret of China's economic success need look no further than China Development Bank (CDB)—which has displaced the World Bank as the world's biggest development bank, lending billions to countries around the globe to further Chinese policy goals. In China’s Superbank, Bloomberg authors Michael Forsythe and Henry Sanderson outline how the bank is at the center of China's domestic economic growth and how it is helping to expand China's influence in strategically important overseas markets. 100 percent owned by the Chinese government, the CDB holds the key to understanding the inner workings of China's state-led economic development model, and its most glaring flaws. The bank is at the center of the country's efforts to build a world-class network of highways, railroads, and power grids, pioneering a lending scheme to local governments that threatens to spawn trillions of yuan in bad loans. It is doling out credit lines by the billions to Chinese solar and wind power makers, threatening to bury global competitors with a flood of cheap products. Another $45 billion in credit has been given to the country's two biggest telecom equipment makers who are using the money to win contracts around the globe, helping fulfill the goal of China's leaders for its leading companies to "go global." Bringing the story of China Development Bank to life by crisscrossing China to investigate the quality of its loans, China’s Superbank travels the globe, from Africa, where its China-Africa fund is displacing Western lenders in a battle for influence, to the oil fields of Venezuela. Offers a fascinating insight into the China Development Bank (CDB), the driver of China's rapid economic development Travels the globe to show how the CDB is helping Chinese businesses "go global" Written by two respected reporters at Bloomberg News As China's influence continues to grow around the world, many people are asking how far it will extend. China’s Superbank addresses these vital questions, looking at the institution at the heart of this growth.
China's Superbank
China's Superbank - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook China's Superbank write by Henry Sanderson. This book was released on 2012-10-10. China's Superbank available in PDF, EPUB and Kindle. Inside the engine-room of China's economic growth—the China Development Bank Anyone wanting a primer on the secret of China's economic success need look no further than China Development Bank (CDB)—which has displaced the World Bank as the world's biggest development bank, lending billions to countries around the globe to further Chinese policy goals. In China’s Superbank, Bloomberg authors Michael Forsythe and Henry Sanderson outline how the bank is at the center of China's domestic economic growth and how it is helping to expand China's influence in strategically important overseas markets. 100 percent owned by the Chinese government, the CDB holds the key to understanding the inner workings of China's state-led economic development model, and its most glaring flaws. The bank is at the center of the country's efforts to build a world-class network of highways, railroads, and power grids, pioneering a lending scheme to local governments that threatens to spawn trillions of yuan in bad loans. It is doling out credit lines by the billions to Chinese solar and wind power makers, threatening to bury global competitors with a flood of cheap products. Another $45 billion in credit has been given to the country's two biggest telecom equipment makers who are using the money to win contracts around the globe, helping fulfill the goal of China's leaders for its leading companies to "go global." Bringing the story of China Development Bank to life by crisscrossing China to investigate the quality of its loans, China’s Superbank travels the globe, from Africa, where its China-Africa fund is displacing Western lenders in a battle for influence, to the oil fields of Venezuela. Offers a fascinating insight into the China Development Bank (CDB), the driver of China's rapid economic development Travels the globe to show how the CDB is helping Chinese businesses "go global" Written by two respected reporters at Bloomberg News As China's influence continues to grow around the world, many people are asking how far it will extend. China’s Superbank addresses these vital questions, looking at the institution at the heart of this growth.
China's Millennium Transformation: the Belt and Road Initiative
China's Millennium Transformation: the Belt and Road Initiative - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook China's Millennium Transformation: the Belt and Road Initiative write by Da-Hsuan Feng. This book was released on 2020-04-03. China's Millennium Transformation: the Belt and Road Initiative available in PDF, EPUB and Kindle. This is a book on the Belt and Road Initiative, written from an unusual perspective -- it is written by someone who was born in India but raised in Singapore; who has never spent a day of schooling in the greater China (Mainland, Taiwan, Hong Kong and Macau) but has Chinese heritage; who eventually built a long and distinguished career in the West. With such an atypical background, he took an off-the-beaten-path approach by asking the fundamental question of how such an important initiative, began entirely by China, can deeply impact and transform the millennium mindset of Chinese. Such a transformation of the Chinese shall render a new definition of what a "powerful nation" in the 21st century should be, for the betterment of humanity. This is unlike the one made by Western civilization for many centuries since the Renaissance days. Three main outcomes of the BRI have been embedded directly or indirectly throughout the book: Supercontinent, Neo-Renaissance and Cultural Communications. The author felt that these three outcomes are the possible mitigation for the world in the 21st century, facing existential challenges.
NO ANCIENT WISDOM, NO FOLLOWERS
NO ANCIENT WISDOM, NO FOLLOWERS - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook NO ANCIENT WISDOM, NO FOLLOWERS write by James McGregor. This book was released on 2012-11-06. NO ANCIENT WISDOM, NO FOLLOWERS available in PDF, EPUB and Kindle. In the past three decades, China has risen from near collapse to a powerhouse -- upending nearly every convention on the world stage, whether policy or business. China is now the globe’s second largest economy, second largest exporter, a manufacturing machine that has lifted 500 million of its citizens from poverty while producing more than one million US dollar millionaires. Then why do China’s leaders describe the nation’s economic model as “unstable and unsustainable”? Because it is. James McGregor has spent 25 years in China as a businessman, journalist and author. In this, his latest highly readable book, he offers extensive new research that pulls back the curtain on China’s economic power. He describes the much-vaunted “China Model” as one of authoritarian capitalism, a unique system that, in its own way, is terminating itself. It is proving incompatible with global trade and business governance. It is threatening multinationals, which fear losing their business secrets and technology to China’s mammoth state-owned enterprises. It is fielding those SOEs – China’s “national champions” -- into a global order angered by heavily subsidized state capitalism. And it is relying on an outdated investment and export model that’s running out of steam. What has worked in the past, won’t work in the future. The China Model must be radically overhauled if the country hopes to continue its march toward prosperity. The nation must consume more of what it makes. It must learn to innovate. It must unleash private enterprise. And the Communist Party bosses? They must cede their pervasive and smothering hold on economic power to foster the growth, and thus social stability, that they can’t survive without. Government must step back, the state-owned economy must be brought to heel, and opportunity must be freed. During the Tang Dynasty, an official in the imperial court observed: “No ancient wisdom, no followers.” He was lamenting that regime was headed alone into dangerous and uncharted waters without any precedent for guidance. Again today – as McGregor makes clear – this is China’s greatest challenge.
The Boxer Rebellion and the Great Game in China
The Boxer Rebellion and the Great Game in China - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Boxer Rebellion and the Great Game in China write by David J. Silbey. This book was released on 2012-03-27. The Boxer Rebellion and the Great Game in China available in PDF, EPUB and Kindle. A concise history of an uprising that took down a three-hundred-year-old dynasty and united the great powers. The year is 1900, and Western empires are locked in entanglements across the globe. The British are losing a bitter war against the Boers while the German kaiser is busy building a vast new navy. The United States is struggling to put down an insurgency in the South Pacific while the upstart imperialist Japan begins to make clear to neighboring Russia its territorial ambition. In China, a perennial pawn in the Great Game, a mysterious group of superstitious peasants is launching attacks on the Western powers they fear are corrupting their country. These ordinary Chinese—called Boxers by the West because of their martial arts showmanship—rise up seemingly out of nowhere. Foreshadowing the insurgencies of our recent past, they lack a centralized leadership and instead tap into latent nationalism and deep economic frustration to build their army. Many scholars brush off the Boxer Rebellion as an ill-conceived and easily defeated revolt, but in The Boxer Rebellion and the Great Game in China, the military historian David J. Silbey shows just how close the Boxers came to beating back the combined might of the imperial powers. Drawing on the diaries and letters of allied soldiers and diplomats, he paints a vivid portrait of the war. Although their cause ended just as quickly as it began, the Boxers would inspire Chinese nationalists—including a young Mao Zedong—for decades to come.
