Su Tong sits next to a five-foot tall poster showing the book-signing schedule
on June 1, 2015
Su Tong sits next to a five-foot tall poster showing the book-signing schedule.

Su Tong sits next to a five-foot tall poster showing the book-signing schedule.

Made in Chindia: Giants take different manufacturing paths http://www.livemint.com/Politics/5dpo7KGpdaYBigaTctF8BJ/Made-in-Chindia-...
The authors have—on the basis of a unique transaction dataset—analyzed the newest trends of Chinese direct investment in Germany and the E.U. The study is able to clearly establish that the new wave of Chinese investment offers exceptional opportunities for Germany and Europe in a period of economic transition. In order to take advantage of these opportunities and minimize the risks it is nevertheless vital to set the right political framework. It is by no mean a matter of course that capital will in future flow from China. At the same time, China is not just any investor. China’s economic model and the hybrid character of many Chinese companies as well as the speed and scope of investment flows pose a great number of challenges. The authors make concrete recommendations for German and European decision-makers from politics and business.
As China becomes one of the major development partners and South-South cooperation (SSC) providers globally, there is increasing demand from partner countries for more information on China’s financial flows. China has been taking initiatives to increase the sharing of development cooperation information, exemplified by the release of two White Papers on Foreign Aid (2011 and 2014), or through steps for improving Chinese foreign aid management mentioned in the Measures for the Administration of Foreign Aid (2014). As part of the global initiative to support developing countries in their quest for greater information sharing about development cooperation flows, the Global Partnership for Effective Development Cooperation (GPEDC) was established at the Fourth High-Level Forum on Aid Effectiveness in Busan in 2011. In the 2014 GPEDC progress report, eleven partner countries reported on Chinese financial flows for the first time, a significant increase from previous years. These countries include Cambodia, Democratic Republic of Congo (DRC), Madagascar, Mali, Moldova, Nepal, Philippines, Samoa, Senegal, Tajikistan, and Togo. These countries have provided not only China’s development cooperation data, but also some useful information on the predictability of the financial flows, and the degree of policy alignment to country systems. Furthermore, the report provides information on the quality of these countries’ public financial management systems, and the extent of their respective mutual accountability frameworks.