Globalisation, Competition and Growth in China (Routledgecurzon Studies on the Chinese Economy)

Presenting original work and new thinking on a wide range of important issues, the book explores the current state of globalization, competition and growth in China. China has produced an economic miracle since the late 1970s in its transition from a planned to a market economy. This remarkable economic performance was brought about by an open-door policy and gradual integration with the world economy, culminating in China’s admission into the World Trade Organisation in 2001. Studies included in this book focus on issues such as foreign direct investment, international trade, reforms in the financial sector, the development of rural township and village enterprises, the investment strategies of multinational corporations, and economic growth. Book Cover......Page 1 Half-Title......Page 2 Series-Title......Page 3 Title......Page 4 Copyright......Page 5 Contents......Page 6 List of figures......Page 11 List of tables......Page 13 Preface......Page 16 Notes on the contributors......Page 18 Abbreviations......Page 25 Introduction......Page 28 Part I Financial sector reforms......Page 40 1 Board characteristics as corporate governance mechanisms: Evidence from china's real estate stock companies......Page 42 2 Financial sector reforms and economic growth in china......Page 68 3 WTO challenges and efficiency of chinese banks......Page 83 4 Do chinese stock markets share common information arrival processes......Page 104 5 The impact of capital structure on agency costs in chinese listed firms......Page 121 6 Stock or cash divendends: The current dividend pattern of chinese listed companies......Page 138 Part II FDI and Globalization......Page 150 7 The ecnomic impact of china's emergence as a major trading nation......Page 152 8 The impact of FDI on ecnomic growth in china's regions......Page 172 9 Exports, FDI, linkages and regional disparities in china......Page 190 10 Competitive strategy – differentiation of multinational enterprises in china: Case studies of American, European and Japanese automoblie enterprises......Page 209 11 China's joint venture accounting reforms......Page 235 Part III Ecnomic development and policy......Page 254 12 The impact of monetary variables on the price level during inflation and deflation periods in china......Page 256 13 China's rural economy and the path to a modern industrial state......Page 271 14 Domestic price integration and ecnomic performance in china......Page 300 15 Urban unemployment in china: Some stylized facts......Page 325 16 Crossing which river and feeling which stones? China's transition to the 'New economy'......Page 335 17 TVE development in china: Lesson from golden cat cement......Page 360 Index......Page 380 Selected papers presented to the 14th and 15th annual conferences of the CEA (UK)Includes bibliographical references and index.Board structure as corporate governance mechanism : evidence from China's real estate stock companies -- Financial sector reforms and economic growth in China -- WTO challenges and efficiency of Chinese banks -- Do Chinese stock markets share common information arrival processes? -- The impact of capital structure on agency costs in Chinese listed firms -- Stock or cash dividends? : the current dividend patterns of Chinese listed companies -- The economic impact of China's emergence as a major trading nation -- The impact of FDI on economic growth in China's regions -- Exports, FDI, linkages and regional disparities in China -- Competitive strategy -differentiation of multinational enterprises in China : case study of American, European and Japanese automobile enterprises -- China's joint venture accounting and its impacts on Chinese accounting reform -- The impact of monetary variables on the price level during inflation and deflation periods in China -- China's rural economy and the path to a modern industrial state -- Domestic price integration and economic performance in China -- Urban unemployment in China : some stylized facts -- Crossing which river and feeling which stones? : China's transition to the 'new economy' -- TVE development in China : lessons from Golden Cat Cement.Electronic reproduction.Boulder, Colo. :NetLibrary,2006.Available via World Wide Web.Access may be limited to NetLibrary affiliated libraries.This edition published in the Taylor & Francis e-Library, 2006. Board Structure As Corporate Governance Mechanism : Evidence From China's Real Estate Stock Companies -- Financial Sector Reforms And Economic Growth In China -- Efficiency Of The Chinese Banking Industry : A Stochastic Production Function Approach -- Do Chinese Stock Markets Share Common Information Arrival Processes? -- Impact Of Capital Structure On Agency Costs In Chinese Listed Firms -- Stock Or Cash Dividends? : The Current Dividend Patterns Of The Chinese Listed Companies -- The Economic Impact Of China's Emergence As A Major Trading Nation -- The Impact Of Fdi On Economic Growth In China's Regions -- Exports, Fdi, Linkages And Regional Disparities In China -- Competitive Strategy-differentiation Of Multinational Enterprises In China : Case Study Of American, European And Japanese Automobile Enterprises -- China's Joint Venture Accounting And Its Impacts On Chinese Accounting Reform -- The Impact Of Monetary Variables On The Price Level During Inflation And Deflation Periods In China -- China's Rural Economy And The Path To A Modern Industrial State -- Domestic Price Integration And Economic Performance In China -- Unemployment In China : Some Stylised Facts -- Crossing Which River And Feeding Which Stones? : China's Transition To The 'new Economy' -- Chinese Tves Facing New Challenges : Lessons From A Case Study. Edited By Jian Chen And Shujie Yao. Selected Papers Presented To The 14th And 15th Annual Conferences Of The Cea (uk). Includes Bibliographical References And Index. Explores the contemporary state of globalization, competition and growth in China. This book focuses on issues, such as foreign direct investment, international trade, reforms in the financial sector, the development of rural township and village enterprises, the investment strategies of multinational corporations, and economic growth Presenting original work and new thinking, this book explores the current state of globalization, competition and growth in China.