Chinas Economic Relations With The West And Japan 1949 1979

Download or read book China's Economic Relations with the West and Japan, 1949-79 written by Chad J. Mitcham and published by Psychology Press. This book was released on 2005 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between 1949 and 1979 China was officially self sufficient and under allied trade embargo, this text examines the complicated history of how economic relations between China and the West/Japan developed during that period.

Download or read book China's Economic Relations with the West and Japan, 1949-1979 written by Chad Mitcham and published by Routledge. This book was released on 2005-09-16 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the period 1949 to 1979, communist China was officially pursuing a policy of self-sufficiency, and the United States and its allies were officially implementing a trade embargo against communist China. However, this book, based on extensive original research, demonstrates that China was highly dependent on Western/Japanese grain imports. The text shows that groups lobbying on behalf of Western/Japanese grain producers and related industries had successfully found ways of by-passing the embargo. This book charts the complicated picture of how economic relations between China, the West and Japan developed in these years.

Download or read book China's Economic Rise written by Congressional Research Service and published by Createspace Independent Publishing Platform. This book was released on 2017-09-17 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prior to the initiation of economic reforms and trade liberalization 36 years ago, China maintained policies that kept the economy very poor, stagnant, centrally-controlled, vastly inefficient, and relatively isolated from the global economy. Since opening up to foreign trade and investment and implementing free market reforms in 1979, China has been among the world's fastest-growing economies, with real annual gross domestic product (GDP) growth averaging nearly 10% through 2016. In recent years, China has emerged as a major global economic power. It is now the world's largest economy (on a purchasing power parity basis), manufacturer, merchandise trader, and holder of foreign exchange reserves.The global economic crisis that began in 2008 greatly affected China's economy. China's exports, imports, and foreign direct investment (FDI) inflows declined, GDP growth slowed, and millions of Chinese workers reportedly lost their jobs. The Chinese government responded by implementing a $586 billion economic stimulus package and loosening monetary policies to increase bank lending. Such policies enabled China to effectively weather the effects of the sharp global fall in demand for Chinese products, but may have contributed to overcapacity in several industries and increased debt by Chinese firms and local government. China's economy has slowed in recent years. Real GDP growth has slowed in each of the past six years, dropping from 10.6% in 2010 to 6.7% in 2016, and is projected to slow to 5.7% by 2022.The Chinese government has attempted to steer the economy to a "new normal" of slower, but more stable and sustainable, economic growth. Yet, concerns have deepened in recent years over the health of the Chinese economy. On August 11, 2015, the Chinese government announced that the daily reference rate of the renminbi (RMB) would become more "market-oriented." Over the next three days, the RMB depreciated against the dollar and led to charges that China's goal was to boost exports to help stimulate the economy (which some suspect is in worse shape than indicated by official Chinese economic statistics). Concerns over the state of the Chinese economy appear to have often contributed to volatility in global stock indexes in recent years.The ability of China to maintain a rapidly growing economy in the long run will likely depend largely on the ability of the Chinese government to implement comprehensive economic reforms that more quickly hasten China's transition to a free market economy; rebalance the Chinese economy by making consumer demand, rather than exporting and fixed investment, the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection. The Chinese government has acknowledged that its current economic growth model needs to be altered and has announced several initiatives to address various economic challenges. In November 2013, the Communist Party of China held the Third Plenum of its 18th Party Congress, which outlined a number of broad policy reforms to boost competition and economic efficiency. For example, the communique stated that the market would now play a "decisive" role in allocating resources in the economy. At the same time, however, the communique emphasized the continued important role of the state sector in China's economy. In addition, many foreign firms have complained that the business climate in China has worsened in recent years. Thus, it remains unclear how committed the Chinese government is to implementing new comprehensive economic reforms.China's economic rise has significant implications for the United States and hence is of major interest to Congress. This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise.

Download or read book China–Japan Relations after World War Two written by Amy King and published by Cambridge University Press. This book was released on 2016-06-06 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: A rich empirical account of China's foreign economic policy towards Japan after World War Two, drawing on hundreds of recently declassified Chinese sources. Amy King offers an innovative conceptual framework for the role of ideas in shaping foreign policy, and examines how China's Communist leaders conceived of Japan after the war. The book shows how Japan became China's most important economic partner in 1971, despite the recent history of war and the ongoing Cold War divide between the two countries. It explains that China's Communist leaders saw Japan as a symbol of a modern, industrialised nation, and Japanese goods, technology and expertise as crucial in strengthening China's economy and military. For China and Japan, the years between 1949 and 1971 were not simply a moment disrupted by the Cold War, but rather an important moment of non-Western modernisation stemming from the legacy of Japanese empire, industry and war in China.

Download or read book Britain, France, West Germany and the People's Republic of China, 1969–1982 written by Martin Albers and published by Springer. This book was released on 2016-12-01 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on helping readers to fill the gap of the little known history between Western Europe and its most important trading partner: the People’s Republic of China. Inspired by the economic and political signifance of Sino-European relations, this book shows how the China policies of the three biggest states of Western Europe – Britain, France, and the Federal Republic of Germany – helped China reintegrate into the international community in the 1970s. Against the background of the Cold War, the end of Maoism, and the emergence of globalization, the governments in Bonn, Paris and London had to find ways of dealing with Europe’s declining influence and promote their own national interests in Asia. Based on newly declassified government files, readers will find such sources invaluable in understanding the argument that, despite pursuing very different policies, the three governments supported a rapid expansion of peaceful exchange between the People’s Republic and Europe and substantially contributed to the success of Beijing's reform policy.

Download or read book China-GDR Relations from 1949 to 1989 written by Axel Berkofsky and published by Springer Nature. This book was released on 2021-12-14 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an in-depth analysis of the relations between China and the German Democratic Republic (GDR) from 1949 to 1989. These relations were characterized by some “ups” but many more “downs,” e.g. when, in the early 1960s, the Soviet Union ordered its vassal state in East Berlin to begin treating its former socialist comrade and brother-in-arms as an adversary and indeed enemy. Drawing on a wealth of archival material, especially from the archive of the GDR’s ruling party, this book examines selected issues and elements of East German and Chinese domestic and foreign policy. In order to better grasp the nature and the historical context of the bilateral relationship, it offers detailed insights into the following aspects: 1. the bilateral “honeymoon period” from 1949 to the late 1950s, which was accompanied by the two parties supporting and applauding each other’s oppressive domestic and ill-fated economic policies, including Mao’s Great Leap Forward and the Cultural Revolution; 2. relations during the 1960s, when the “Sino-Soviet Split” defined the quality and level of bilateral animosities; 3. the 1970s, when Beijing replaced socialist comradeship with East Berlin with trade and aid from the US and West Germany; and 4. the resumption of Sino-East German relations in the 1980s and the subsequent period up to the Tiananmen Square protests and the collapse of the GDR in 1989. The book will appeal to historians, political scientists and scholars of international relations, as well as policymakers, diplomats, and others with an interest in this previously under-researched area.

Download or read book The Cambridge Economic History of China written by Debin Ma and published by Cambridge University Press. This book was released on 2022-02-24 with total page 867 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's rise as the world's second-largest economy surely is the most dramatic development in the global economy since the year 2000. Volume II, which spans China's two turbulent centuries from 1800, charts this wrenching process of an ancient empire being transformed to re-emerge as a major world power. This volume for the first time brings together the fruits of pioneering international scholarship in all dimensions of economic history to provide an authoritative and comprehensive overview of this tumultuous and dramatic transformation. In many cases, it offers a fundamental reinterpretation of major themes in Chinese economic history, such as the role of ideology, the rise of new institutions, human capital and public infrastructure, the impact of Western and Japanese imperialism, the role of external trade and investment, and the evolution of living standards in both the pre-Communist and Communist eras. The volume includes seven important chapters on the Mao and reform eras and provides a critical historical perspective linking the past with the present and future.