Chinese Business and the Asian Crisis

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Release : 2020-08-26
Genre : Business & Economics
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Book Rating : 645/5 ( reviews)

Chinese Business and the Asian Crisis - 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 Chinese Business and the Asian Crisis write by David Fu-Keung Ip. This book was released on 2020-08-26. Chinese Business and the Asian Crisis available in PDF, EPUB and Kindle. This title was first published in 2000: The Asian financial crisis and its aftermath provide a crucible in which Chinese diaspora capitalism has been tested, and a prism through which its strengths and weaknesses may be seen in a different light. The papers collected in this volume are in many ways still tentative. Some represent work-in-progress reports on as yet uncompleted research. In other cases, outcomes explored are still unclear or have not even yet fully unfolded. The aim is to focus on the consquences for diaspora Chinese capitalists and to start trying to identify losers and winners in the new landscape, re-evaluating their business culture, strategies and modes of operation, and their likely future direction and potential. The book begins by setting the scene for the Asian crisis and the achievements of the "Asian miracle". It then goes on to examine the causes of the financial crash, the firms that were able to ride the crisis, the Taiwanese economy as a whole, the fortunes of diaspora ventures in China, the small and medium enterprises at the heart of Chinese diaspora capitalism, the impact of the crisis on large Chinese business groups, and finally, the book debunks the theory that the rise of East Asia was initiated by Japan.

China in the Asian Financial Crisis

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Release : 2021-06-01
Genre : Business & Economics
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Book Rating : 073/5 ( reviews)

China in the Asian Financial Crisis - 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 in the Asian Financial Crisis write by Peter Nolan. This book was released on 2021-06-01. China in the Asian Financial Crisis available in PDF, EPUB and Kindle. The widely held view of the Asian Financial Crisis is that it had no substantial impact on China. In fact, the country was far more vulnerable than most people realized, due to the high possibility of financial contagion entering the system from Hong Kong through Guangdong province. This book analyzes the severe policy challenge that it presented for China’s leaders. The crisis in Guangdong’s financial institutions provided a forewarning of the difficulties that lay ahead as China’s integration with the global financial system deepened. The experience of Guangdong in the Asian Financial Crisis provided a profound lesson for China’s policy-makers as they planned the country’s strategy for financial reform in the following years. China was able to avoid disaster by astute and difficult policy choices, in the face of fierce pressure from outside the country, as well as from different domestic interests at many different levels. The successful resolution of the crisis provided a breathing space for the leadership. It gave it time to undertake necessary reforms in the country's financial system in the decade that followed the crisis.

Southeast Asia's Chinese Businesses in an Era of Globalization

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Release : 2006
Genre : Business & Economics
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Book Rating : 010/5 ( reviews)

Southeast Asia's Chinese Businesses in an Era of Globalization - 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 Southeast Asia's Chinese Businesses in an Era of Globalization write by Leo Suryadinata. This book was released on 2006. Southeast Asia's Chinese Businesses in an Era of Globalization available in PDF, EPUB and Kindle. Addresses the rise of China and its impacts on Southeast Asia's economies and businesses, especially on those of ethnic Chinese. Also discusses Southeast Asian government policies, particularly their economic and business policies, towards local Chinese, and Southeast Asian Chinese businesses, both conglomerates and SMEs, in an era of globalization.

China's Economy and the Asian Financial Crisis

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Release : 1998
Genre : Business & Economics
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Book Rating : 867/5 ( reviews)

China's Economy and the Asian Financial Crisis - 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 Economy and the Asian Financial Crisis write by John Wong. This book was released on 1998. China's Economy and the Asian Financial Crisis available in PDF, EPUB and Kindle. Prepared by the East Asian Institute, NUS, which promotes research on East Asian developments particularly the political, economic and social development of contemporary China (including Hong Kong and Taiwan), this series of research reports is intended for policy makers and readers who want to keep abreast of the latest developments in China. Contains two articles: 'China's Economy in 1997' and 'Will China be the Next Financial Dominoe?'

Global Financial Crisis And Challenges For China

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Release : 2012-07-25
Genre : Business & Economics
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Book Rating : 620/5 ( reviews)

Global Financial Crisis And Challenges For 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 Global Financial Crisis And Challenges For China write by Mu Yang. This book was released on 2012-07-25. Global Financial Crisis And Challenges For China available in PDF, EPUB and Kindle. The book analyzes the nature of Chinese economy which enables it to go through the financial tsunami pretty unscathed. It discusses the stimulus package designed by the Chinese government to keep the economy on course, as well as its results — both positive and negative aspects in the middle and long term.The 2008-09 financial crisis makes it very clear that we need a two-pronged approach to deal with the situation, namely governments need a) to take quick and decisive actions to stem any further deterioration in financial systems; b) to revamp their economies by refitting existing engines in the real economy. China, as the third largest economy in the world, and with its robust domestic consumption and a healthy financial system, is one of the most important drivers to pull the world out of recession.According to the Chinese leadership, China's main contribution is to keep its own economy running smoothly. In response to the crisis, the Beijing government has poured money into the following sectors: public housing, earthquake reconstruction, physical infrastructure, social security, education and healthcare. So far, the results have helped China to maintain the targeted high growth. Given the open nature of its economy, its high growth has also benefited other countries, thereby contributing to the global economy.The current crisis strengthens a trend that has emerged since the Asian financial crisis of 1997. And that is the enhanced economic integration of China with its East Asian neighbours and Southeast Asia. This augurs well for East Asian regionalism which may include the birth of Asian Monetary Fund.The global environment in the wake of the crisis poses new challenges to China, for example, in the form of shrinking size of its traditional export market in the USA and Europe. China needs to modify its strategy from previous export-oriented and investment-driven strategy into one with more emphasis on consumption. There is a lot of scope for China to embark on productive consumption such as cleaning up the environment, physical infrastructure, social security, education and healthcare. If done well, they will lay a firm basis for long-term economic development. It represents an occasion for China to embark on a nation-wide effort to upgrade its economy in the key sectors. At the same time, attention needs to be paid to improving economic-legal institutional framework to support China's role as a major global player.