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The Emergence of Greater China
The fusion of know-how and capital from Hong Kong and Taiwan with the substantial labour resources on China has led to the emergence of a dynamic economy of 'Greater China' rivalling the USA, the European Union and Japan. What is the nature and trend of trade and investment within Greater China? What are the impacts on the world economy? With China's entry into the WTO, what are the problems and prospects of Greater China? These are some of the issues raised within Yun-Wing Sung's book.
The Hong Kong Conundrum
The peaceful surrender of Hong Kong to China on the midnight of 30 June 1997 after almost one hundred and fifty-six years of colonial rule was unique in the annals of history. Rarely before had one power surrendered a rich prize to another. The credit for finding a solution to the peaceful reunification of Hong Kong, a capital enclave, with mainland China, a socialist country, through the formula of ‘one country, two systems’ goes to Deng Xiaoping, China’s most pragmatic leader. Deng, however, breathed his last before Hong Kong’s merger with the mainland. This book attempts to encapsulate the history of Hong Kong ever since the territory was acquired by Great Britain through what the Chinese call ‘the unequal treaties’, the evolution of the colonial administration in Hong Kong, its emergence as a commercial centre and financial hub, the protracted Sino-British negotiation leading to the signing of the Joint Declaration and the Basic Law, the democracy debate in Hong Kong, the ethnic Indians in Hong Kong and the pangs of transition. Print edition not for sale in South Asia (India, Sri Lanka, Nepal, Bangladesh, Pakistan and Bhutan).
The Political Economy of Sino-American Relations
In the post-Cold War world, the United States and China together forms one of the most significant relationships in the Asian Pacific region. However, this relationship cannot be considered in isolation from the dynamic economic integration of China with Hong Kong and Taiwan into what is now called 'Greater China'. This volume draws on a wide range of international expertise to examine the nature of the US economic interaction with Greater China. Set against the historical and political background of Sino-American relations, the contributors discuss in detail trade and investment flows between Greater China and the United States as well as China's entry into the World Trade Organization. The impact on regional trading partners and global trading organizations is also evaluated.
The First Tung Chee-hwa Administration
This book is a study of the administration of Hong Kong's government under the leadership of Tung Chee-hwa during a time when Hong Kong was changing politically and economically. The contributors address the following questions: To what extent are government policies consistent with those of colonial rule? What does "one country two systems" mean, and to what extent has the Tung regime been successful in safeguarding this principle? How responsible are external economic forces for the apparent deterioration of the Hong Kong economy? Who are affected most by the restructuring of the economy, and what are some of the long-term implications for Hong Kong as an important world financial center? How do people in general perceive these changes? What are some of the most effective economic and social policy measures that the Tung government has initiated? Finally, how successful has the Chief Executive been during his five years in office?
Globalization and Networked Societies
The world in the last two decades of the twentieth century fundamentally and radically changed at a speed and on a scale never before witnessed. The challenge posed at the beginning of the third millennium is enormous for governments and people the world over. Globalization, along with globalism, continues its unrelenting and accelerating march as it draws more countries, cities, and people closer into interdependent relationships. Globalization and Networked Societies attempts to tease out some of the salient elements of this process, especially as it has affected urban centers in Pacific Asia over the past twenty years. Globalization and rapid economic growth have transformed the region and its cities on varied spatial scales, bringing new opportunities and challenges for governments, the private sector, and individuals. All countries in Pacific Asia are covered in this work, with special attention given to Hong Kong and to China, a late bloomer in the Asia scene but nevertheless one that has experienced phenomenal growth and accelerated globalization in recent decades. The empirical analyses reveal the outcome, dilemmas, and meanings of globalization in the urban-regional scene.
Economic Development and Inequality in China
The conventional belief that all regions have equally benefited from China’s remarkable development over the last three decades is subjected to criticism in this book as Hong Yu systematically analyses the issue of regional inequality during the post-1978 period using the case of Guangdong. Guangdong is one of the key industrial centres and economic powerhouses in China and as a pioneer province, instigating economic reform as China opened up to the world, it offers an ideal focus upon which to question and enrich the Western theories of economic geography and regional disparity. Based on field research, analysis of geographic characteristics and regression models, this book illustrates ho...
Cosmopolitan Capitalists
At midnight on June 30, 1997, Hong Kong became part of the People’s Republic of China. The transfer of Hong Kong sovereignty from Great Britain to China was an extraordinary historical event, signifying the end of the West’s colonial presence in Asia and the rise of China’s hegemony. In 150 years as a British colony, Hong Kong changed from a barely inhabitable colonial entrepôt to one of the world’s leading financial and industrial centers. Faced with a new social and economic order under Chinese law, many Hong Kongers moved to a new country; others decided to stay; but many chose to maintain their lives and livelihoods in Hong Kong, while spreading their assets and their family mem...
Agricultural Reform in China
Chinese agriculture has experienced some radical changes over the past twenty years. Following the successful introduction of the household production system in the early 1980s, difficulties were encountered in establishing a unified domestic agricultural market in the later 1980s and 1990s. Through a comprehensive analysis of the changes in the Chinese agricultural institutions between the late 1970s and the mid-1990s, this study attempts to provide some answers to the main questions presently facing the agricultural sector. It focuses on the key elements of the pre-reform agricultural institutions, reviews the ways these institutions were refashioned and assesses the resulting changes in agricultural development. The implications of different policy choices are carefully considered with the assistance of a computable general equilibrium model. The author argues that China should push forward with its market-oriented reform measures and introduce the rigours of international competition into the agricultural sector.
