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Full-Text Articles in Social and Behavioral Sciences
Old Ally Versus New Friend : China's Economic Relations With The Two Koreas, Brian Bridges
Old Ally Versus New Friend : China's Economic Relations With The Two Koreas, Brian Bridges
CAPS Working Paper Series
This paper examines the nature of China’s economic relationship with the two Koreas, discussing the motivations behind China’s policy changes in the 1990s and assessing recent trends in trade, investment and economic cooperation. The prospects of the Tumen river development programme, which brings together all three countries in a multilateral cooperative venture, will also be analysed. The paper ends with some assessments of the future course of China’s relations with the two Koreas, especially with the uncertain internal situation in the North making the prospect of reunification loom larger.
The Economic Link-Up Of Hong Kong And Guangdong : Structural And Development Problems, Shu-Ki Tsang, Yuk-Shing Cheng
The Economic Link-Up Of Hong Kong And Guangdong : Structural And Development Problems, Shu-Ki Tsang, Yuk-Shing Cheng
CAPS Working Paper Series
The phenomenal link-up between the Hong Kong and Guangdong economies has been proceeding at a remarkable speed since the launching of the Chinese economic reform in late 1978. The process has largely been market-driven and seems to suit the short-run comparative advantage on both sides. In essence, however, it has been a result of a reallocation of resources across the border, made possible by China's open policy. It has not yet led to a benign form of developmental upgrading which embodies the strengthening of the long-term foundation for productivity and competitiveness enhancement. Indeed, the tremendous "windfall profits" obtained so far …
Hong Kong As A Financial Centre Of Greater China, Y. C. Jao
Hong Kong As A Financial Centre Of Greater China, Y. C. Jao
CAPS Working Paper Series
During the past three decades, Hong Kong has emerged as one of the leading international financial centres (IFCs) of the world. Since China began its economic reform and open-door policies in 1979, and since cross-strait economic contacts began to improve in the mid-1980s, Hong Kong's role has also become more varied and multi-faceted. The purpose of this paper is to evaluate Hong Kong as an IFC of Greater China (which comprises Mainland China, Taiwan, Hong Kong and Macau). The territory's prospects as an IFC after its retrocession to China on July 1, 1997 will also be discussed.
Japanese Fdi, Exports And Technology Transfer To China, Elspeth Thomson
Japanese Fdi, Exports And Technology Transfer To China, Elspeth Thomson
CAPS Working Paper Series
The purposes of this paper are to examine the relationship between Japanese foreign direct investment (FDI) and Japanese exports to China since the Open Door Policy, and to make some observations about Chinese expectations for and assessment of Japanese technology transferal. Multiple regression analysis is carried out and it is found that in most sectors, FDI was not an influencing factor on exports. In the 1980s it appears that Japanese investors were most interested in producing goods for export, but in the 1990s, they have become more interested in selling their products to the Chinese market. The Chinese Government had …