China's New Oil Development Strategy Taking Shape


Book Description

Prepared by the East Asian Institute, NUS, which promotes research on East Asian developments particularly the political, economic and social development of contemporary China (including Hong Kong and Taiwan), this series of research reports is intended for policy makers and readers who want to keep abreast of the latest developments in China.




Asian Energy Security


Book Description

The main focus of the contributors of this volume is to analyze closely major aspects of energy security, energy diplomacy, and maritime security in East and Southeast Asia. Specifically, they examine the current state of energy security and maritime security of China and Japan, as well as Southeast Asia.




Oil and Gas in China


Book Description

This title looks at the emergence of China as a major importer and consumer of energy. It examines the Chinese oil industry from a cross-disciplinary political economy as well as an international relations perspective.




Oil In China: From Self-reliance To Internationalization


Book Description

This book examines the political and conceptual metamorphosis of China's oil industry from self-reliance to internationalization. Through the empirical case study of Daqing, the premiere oilfield of the People's Republic of China (PRC) for most of the postwar period and a symbol of industrialization as well as self-reliance, key historical developmental concepts and events are analyzed. Japan's role in stimulating the development of the China's oil industry will also be highlighted as the Japanese government and its business sectors emerged as a supplier of technology and equipment to the Chinese oil industry as well as China's first major oil customer in the early internationalization phase of the PRC's oil industry.




Elder Care Policies in China


Book Description

Prepared by the East Asian Institute, NUS, which promotes research on East Asian developments particularly the political, economic and social development of contemporary China (including Hong Kong and Taiwan), this series of research reports is intended for policy makers and readers who want to keep abreast of the latest developments in China.




China's Economy In 1998: Maintaining Growth And Staving Off The Asian Contagion


Book Description

As the financial crisis swept the Asia-Pacific, China seemed to be the one economy in the region which had been left “largely unaffected” for various reasons, including its strong economic and financial fundamentals as well as its strong political will to defend the Renminbi, which had so far firmly stood the ground. However, China's economy ended 1998 with only 7.8% growth, slightly falling short of its officially pledged target of 8%. Though China in 1998 was still rated as the best-performing economy in the region, its economic growth momentum had visibly slowed down. The Asian contagion had finally caught up with China.It is not certain if the Chinese economy is entering a slower growth era though, in the short run, China can boost economic growth by expanding domestic demand. Slower economic growth for the country will have significant negative effects on its economic reform programmes and social stability.




China's Politics and Economy in 1999


Book Description

What the Jiang Zemin leadership faced in 1999 can be characterized by a century-old Chinese saying, neiyou waihuan (literally, ?internal disturbance and external threat?). What with the worst growth record in a decade, the Falun Gong sect's siege of Zhongnanhai, Nato's bombing of the Chinese embassy in Yugoslavia, and Lee Teng-hui's new ?two-state? theory, the Chinese leadership was under tremendous pressure throughout the year. Many have wondered if that leadership could still hold its own at the turn of the century.This volume provides the reader with an in-depth analysis of how the Chinese leadership coped with the crises during the year. Though there was fair success in managing those crises, serious crises lie ahead which could significantly impact the leadership. China's economic slowdown may be bottoming out, but increasing Party decay, a growing spiritual vacuum, and volatile cross-strait relations are likely to pose serious threats to the leadership.




China's WTO Accession and the Impact on Its Large Manufacturing Enterprises


Book Description

The greatest success of Chinese enterprise reform has been the creation of market competition. Competition has forced the state to retreat from non-strategic sectors and increased private ownership in the industry. This development has created ownership diversification in the Chinese industry, which is in line with the leadership's 2-R (?Retreat and Retain?) enterprise reform policy. The ownership diversification is a distinction of the reformed economy, called ?a socialist economy with Chinese characteristics?. The backbone of the economy is the large state firms in strategic sectors, largely shielded from international competition, in which most of them have been coping well with the domestically competitive environment. After China's entry to the WTO, can these firms still maintain their market dominance once all forms of protection are dismantled? Are Chinese firms ready for direct competition with their foreign rivals in the manufacturing sector? Will FAW, China's No. 1 state-owned automotive corporation, be defeated on its home ground by its foreign rivals in a freely accessed market? The core of these questions is about the sustainability of diversified ownership in the economy after it is integrated with the world trading system. Who will dominate the Chinese industry after the WTO entry: foreign or private ownership? The question is addressed by applying the market structure and entry theory of industrial economics, since WTO accession will basically result in change in both the market type and the market structure of the industry. Based on this, the study developed the market share testing theory to assess the competitiveness of dominant incumbents according to the type of market. The overall finding is that most large state incumbents will survive but their survival strategy will be changed from single ownership control to mixed ownership control. Thus, it is expected that more joint ventures between foreign and large state-owned firms will emerge in the post-WTO-entry economy. But whether such firms will evolve into foreign-controlled state-owned firms is an interesting question which remains to be answered.




China's Politics And Economy In 1999: Coping With Crises


Book Description

What the Jiang Zemin leadership faced in 1999 can be characterized by a century-old Chinese saying, neiyou waihuan (literally, “internal disturbance and external threat”). What with the worst growth record in a decade, the Falun Gong sect's siege of Zhongnanhai, Nato's bombing of the Chinese embassy in Yugoslavia, and Lee Teng-hui's new “two-state” theory, the Chinese leadership was under tremendous pressure throughout the year. Many have wondered if that leadership could still hold its own at the turn of the century.This volume provides the reader with an in-depth analysis of how the Chinese leadership coped with the crises during the year. Though there was fair success in managing those crises, serious crises lie ahead which could significantly impact the leadership. China's economic slowdown may be bottoming out, but increasing Party decay, a growing spiritual vacuum, and volatile cross-strait relations are likely to pose serious threats to the leadership.




China's Anti-drug Campaign in the Reform Era


Book Description

This volume deals with the re-emergence of the drug problem in China in the reform era and the ways in which the authorities deal with it. Riding on a sweeping victory over the nationalists, the newly established communist government in the early 1950s was thorough and decisive in stamping out the drug problem that had plagued the country for centuries. What made the Chinese government's effort effective then were mass campaigns and China's almost total isolation from the outside world. In the reform era, however, with marketization and the country's increasing integration into the capitalist world economy, the effectiveness of the old methods has been called into question. Severe punishment of offenders has failed to curb the spread of drug trafficking, and mass campaigns have aroused scant interest from the populace. The much-reduced efficacy of the government's anti-drug efforts due to the changed macro-environment implies that the drug problem in China will persist if not worsen.