Making It Big in China

Jonathan Mirsky from New York Review of Books
Jianying Zha describes China as “way too big a cow for anyone to tackle in full.” Therefore, Ms. Zha says, she omits “the rural life, the small-town stories, the migrants working in huge manufacturing plants…continued poverty in parts of interior...

Reports

11.03.11

Foreign Direct Investment, Corruption and Democracy

Aparna Mathur, Kartikeya Singh
American Enterprise Institute for Public Policy Research
How do factors such as corruption perception and the level of democracy influence foreign direct investment to developing economies? The authors of this paper suggest that less corrupt countries and less democratic countries receive more foreign...

Sinica Podcast

09.16.11

North Korea: Open for Business?

Jeremy Goldkorn, Edward Wong & more from Sinica Podcast
As the guillotine of debt contagion hangs over Europe, financial pressures in Asia have led an unexpected player to make a strategic shift. After months of escalating tensions with South Korea have shuttered its opportunities for expanded trade...

Reports

06.01.11

Sustainability Reporting Guidelines: Mapping and Gap Analysis for Shanghai Stock Exchange

World Bank
In recent years the number of companies releasing sustainability reports has continued to increase on a global level as well as in China specifically. In China, the number of sustainability reports reached over 700 in 2010. There is a widely...

Sinica Podcast

05.20.11

Inscrutable China

Kaiser Kuo, Jeremy Goldkorn & more from Sinica Podcast
It may be because we’ve yet to finish Henry Kissinger’s latest book on the subject, but we’ll admit to having found life in China a bit more inscrutable than normal these past few weeks, and all evidence suggests we’re not alone. Seen through the...

Sinica Podcast

05.07.11

Crazed Madmen, Foreign and Domestic

Jeremy Goldkorn, Gady Epstein & more from Sinica Podcast
Despite losing almost a dollar for every dollar of revenue last year, Chinese Facebook clone Renren (人人网) made a spectacular launch on Wall Street last week, raising U.S.$743.4 million in a crazed initial public offering. So it’s no surprise that...

Reports

05.01.11

An American Open Door?

Daniel H. Rosen and Thilo Hanemann
Asia Society
Over the past decade, China’s unprecedented surge of economic dynamism and development has radically altered the global landscape and affected a host of international relationships. One of the most significant trends that will influence how the...

Sinica Podcast

04.22.11

China’s Second Internet Bubble?

Kaiser Kuo, Jeremy Goldkorn & more from Sinica Podcast
Interest in Chinese Internet companies has reached a fever pitch. Fueled by the fact that roughly fifty percent of the companies that went public on NASDAQ last year were Chinese in origin, at least seventeen more high-profile companies are planning...

Reports

04.01.11

Diagnosing Development Bottlenecks: China and India

Wei Li, Taye Mengistae, and Lixin Colin Xu
World Bank
Although it had a a lower income level than India in 1980, China's 2006 per capita gross domestic product stood more than twice that of India's. This paper investigates the role of the business environment in explaining China's...

Sinica Podcast

04.01.11

Scandal in Baidu and Chongqing

Kaiser Kuo, Gady Epstein & more from Sinica Podcast
A year after our first show memorialized Google’s retreat from the China market, our first anniversary sees Sinica host Kaiser Kuo and his employer on the defensive as Gady Epstein and Bill Bishop grill Kaiser over recent allegations of copyright...

Sinica Podcast

02.26.11

Troubles and Ambitions in China

Jeremy Goldkorn, Gady Epstein & more from Sinica Podcast
Watch your rice, folks. That’s our takeaway from this week’s Sinica, which ruminates on troubles old and new in the Middle Kingdom. Up for discussion in particular are Chinese activities in Rwanda, dodgy rice, ongoing worker troubles at Apple...

Sinica Podcast

11.12.10

The End of Chinese Internet Civility

Jeremy Goldkorn, Gady Epstein & more from Sinica Podcast
Simmering tensions between Qihoo 360 and Tencent broke into open war last week, as Tencent disabled its chat software on computers running 360 antivirus software. This move was the most aggressive yet in a serious of escalating attacks between the...

Reports

10.01.10

A Case Study on Large-Scale Forestland Acquisition in China

Li Ping and Robin Nielsen
He Jianan
Landesa
Rural development and forest restoration have been key priorities for the Chinese government over the last decade, and indeed many countries in the world. To address these priorities, the Chinese government has aggressively promoted new investment—...

Reports

09.23.10

China’s Sovereign Wealth Fund: Developments and Policy Implications

Michael F. Martin
Peony Lui
Congressional Research Service
China’s ruling executive body, the State Council, established the China Investment Corporation (CIC), a sovereign wealth fund, in September 2007 to invest $200 billion of China’s then $1.4 trillion in foreign exchange reserves. As with other...

Reports

09.21.10

China’s Steel Industry and Its Impact on the United States: Issues for Congress

Rachel Tang
Peony Lui
Congressional Research Service
China’s steel industry has grown significantly since the mid-1990s. China is now the world’s largest steelmaker and steel consumer. The majority of Chinese steel has been used to meet domestic demand in China. However, as its steel production...

Sinica Podcast

06.04.10

Suicides, Strikes, and Labor Unrest in China

Kaiser Kuo, Jeremy Goldkorn & more from Sinica Podcast
A spate of suicides leaves ten dead at the Shenzhen campus of Foxconn, the giant electronics manufacturer that makes many of the world’s most popular consumer electronics. A rare strike paralyzes production at Honda Motors, shutting down all of the...

Reports

06.01.10

Game-Changing China: Lessons from China about Disruptive Low Carbon Innovation

David Tyfield, Jun Jin, Tyler Rooker
Nesta
Big hydro, big solar photovoltaic, and big wind—these are the usual focus of accounts of low-carbon technologies in China. But a very different type of innovation—ranging from a farm cooperative in Yunnan, to woodchip and corn pellets in rural...

Reports

04.21.10

What’s the Difference?—Comparing U.S. and Chinese Trade Data

Michael F. Martin
Peony Lui
Congressional Research Service
There is a large and growing difference between the official trade statistics released by the United States and the People’s Republic of China. According to the United States, the 2009 bilateral trade deficit with China was $226.8 billion. According...

Reports

11.16.09

The Rise of China’s Auto Industry and Its Impact on the U.S. Motor Vehicle Industry

Rachel Tang
Peony Lui
Congressional Research Service
The automobile industry, a key sector in China’s industrialization and modernization efforts, has been developing rapidly since the 1990s. In recent years, China has become the world’s fastest growing automotive producer. Annual vehicle output has...

Reports

07.16.09

East Asia’s Foreign Exchange Rate Policies

Michael F. Martin
Peony Lui
Congressional Research Service
Financial authorities in East Asia have adopted a variety of foreign exchange rate policies, ranging from Hong Kong’s currency board system which links the Hong Kong dollar to the U.S. dollar, to the “independently floating” exchange rates of Japan...

Reports

12.01.08

The Impact of Introducing a Minimum Wage on Business Cycle Volatility: A Structural Analysis for Hong Kong SAR

Nathan Porter and Francis Vitek
Sara Segal-Williams
International Monetary Fund (IMF)
We study the impact of a minimum wage on business cycle volatility, depending upon its coverage and adjustment mechanism. As with other small open economies, Hong Kong SAR is vulnerable to external shocks, with its exchange rate regime precluding...

Reports

08.24.08

Energy Interests and Alliances: China, America and Africa

Angelica Austin, Danila Bochkarev, and Willem van der Geest
EastWest Institute
According to conventional wisdom, the United States and China are locked in a high-stakes competition for energy resources around the world, particularly in Africa. Against the backdrop of highly volatile oil prices, mounting concerns about global...

Reports

01.13.07

Is China a Threat to the U.S. Economy?

Craig K. Elwell, Marc Labonte
Peony Lui
Congressional Research Service
The rise of China from a poor, stagnant country to a major economic power within a time span of only twenty-eight years is often described by analysts as one of the greatest economic success stories in modern times. From 1979 (when economic reforms...

Reports

07.11.06

Who’s Manipulating Whom? China’s Currency and the U.S. Economy

Daniel Griswold
Cato Institute
Congress and the Bush administration continue to pressure China to allow its currency to appreciate against the U.S. dollar under threat of trade sanctions. Critics contend “currency manipulation” gives Chinese producers an unfair advantage against...

Reports

01.26.06

Ending Financial Repression in China

James A. Dorn
Cato Institute
The consequences of China’s financial repression are easy to see. By suppressing two key macroeconomic prices—the interest rate and the exchange rate—and by failing to privatize financial markets and allow capital freedom, China’s leaders have...

Reports

01.13.06

The Rise of China and Its Effect on Taiwan, Japan, and South Korea: U.S. Policy Choices

Dick K. Nanto, Emma Chanlett-Avery
Peony Lui
Congressional Research Service
The economic rise of China and the growing network of trade and investment relations in northeast Asia are causing major changes in human, economic, political, and military interaction among countries in the region. This is affecting U.S. relations...

Reports

11.02.05

U.S.-China Relations in the Wake of CNOOC

James A. Dorn
Cato Institute
CNOOC, a subsidiary of state-owned China National Offshore Oil Company, lost to Chevron in a bid to acquire Unocal. This loss did not occur because of Chevron's lower bid, but rather because of U.S. Congressional intervention that blocked the...

Reports

10.01.01

Beginning the Journey: China, the United States, and the WTO

Chair: Robert D. Hormats Director: Elizabeth C. Economy
Elizabeth Economy
Council on Foreign Relations
The main finding of this report is that both the United States and China will run risks as Beijing moves ahead with membership in the World Trade Organization (WTO), but the potential payoffs for both countries are well worth it. It also points out...

Media

01.21.96

Jackie Chan, American Action Hero?

Jaime Wolf
Whenever Jackie Chan leaves Hong Kong to make a public appearance in Shanghai, Taipei or Tokyo, or in Kuala Lumpur, Singapore or Seoul, hundreds—sometimes thousands—of his fans gather in a frenzy of adoration. Last June, Chan, the martial artist,...