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Singapore Management University

2019

China

Articles 1 - 15 of 15

Full-Text Articles in Social and Behavioral Sciences

The Future Development Of Reits In China, Jia Sun Dec 2019

The Future Development Of Reits In China, Jia Sun

Dissertations and Theses Collection (Open Access)

Real Estate Investment Trust (REIT) is a type of trust fund or corporation that pools the funds of a large number of investors by issuing a certificate of income and invest the raised funds in real estate projects that are managed by a specialized investment institution. The real estate investment risk is moderate, and the rent is stable, but the capital threshold is high, and it is difficult for small and medium investors to enter the market. The invention of REITs aims to solve this problem, through the collection of funds, so that small and medium investors can enter the …

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For Ye Have The Poor Always With You: Exploring China's Latest War On Poverty, John A. Donaldson Dec 2019

For Ye Have The Poor Always With You: Exploring China's Latest War On Poverty, John A. Donaldson

Research Collection School of Social Sciences

John Donaldson’s section discusses Xi Jinping’s ambitious pledge to end poverty in China by 2020, toward which the CCP has deployed a locally adaptable set of policies that have mobilized actors in the public and private sectors and tied officials’ performance to success in poverty reduction. The Party understands that poverty—a manifestation of a severe inability to provide a good life for the people—represents a concerning indictment of the regime’s legitimacy overall. This paper fills in an analytic gap among Western sources regarding these programs, which have to date seen well over fifty billion dollars of poverty alleviation funding disbursed …

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Finance And Ideology: The Firm-Level Channels, Hao Liang, Rong Wang, Haikun Zhu Dec 2019

Finance And Ideology: The Firm-Level Channels, Hao Liang, Rong Wang, Haikun Zhu

Research Collection Lee Kong Chian School Of Business

We provide firm-level evidence on how politicians’ ideologies affect economic outcomes and financial development by exploring a unique setting of ideological discontinuity in China from Maoism to Dengism around 1978. We find the ideological exposure during a politician’s early adulthood has an enduring effect on contemporary firm and city policies. Firms governed by “Mao’s mayors” have more stakeholder spending, lower pay inequality, and less internationalization than those governed by Deng’s. Further evidence suggests politicians’ ideology may affect economic activities through channels other than economic policy. Selection bias, endogenous matching and mayor age effect are unlikely to drive our results.

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Comparing The International Commercial Courts Of China With The Singapore International Commercial Court, Zhengxin Huo, Yip Man Oct 2019

Comparing The International Commercial Courts Of China With The Singapore International Commercial Court, Zhengxin Huo, Yip Man

Research Collection Yong Pung How School Of Law

The article critically reviews the litigation framework of the Chinese International Commercial Court("CICC') using a comparative approach, taking as a benchmark the Singapore International Commercial Court ("SICC')--another Asian international commercial court situated within the Belt and Road Initiative ("BRI') geography. It argues that the CICC, despite being lauded as a visionary step toward an innovative, efficient and trustworthy dispute resolution system, does not live up to those grand claims on closer scrutiny. The discussion shows that the CICC is in many respects insular and conservative when compared with the SICC. The distinctions between the two litigation frameworks may be explained …

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Fractured Lives, Newfound Freedoms? The Dialectics Of Religious Seekership Among Chinese Migrants In Singapore, Orlando Woods, Lily Kong Oct 2019

Fractured Lives, Newfound Freedoms? The Dialectics Of Religious Seekership Among Chinese Migrants In Singapore, Orlando Woods, Lily Kong

Research Collection School of Social Sciences

This paper explores the negotiations involved in the process of Chinesemigrants converting to Christianity in Singapore. For many Chinesepeople, migration involves being exposed to religion for the first time,and for some, it involves them converting to Christianity. In Singapore,the conversion of Chinese migrants to Christianity occurs in a context of‘shared’ Chinese ethnicity, which can provide both bridges and barriersto the formation of Chinese Christian identities and communities. This‘shared’ ethnicity causes many Christian groups in Singapore to targetChinese migrants in their evangelisation efforts, which can result inmigrant and non-migrant Chinese communities being formed andfractured through religion. Drawing on qualitative data, four …

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Introduction: Understanding The Transformational Power Of China's Belt And Road Initiative, Yue Wah Chay, Thomas Menkhoff Sep 2019

Introduction: Understanding The Transformational Power Of China's Belt And Road Initiative, Yue Wah Chay, Thomas Menkhoff

Research Collection Lee Kong Chian School Of Business

This book features several introductory readings about the “Belt and Road Initiative” (BRI), a strategic development initiative launched by the Chinese Government under the leadership of President Xi Jinping in 2013 to jointly build an economic belt along the Silk Road. Some of the key objectives of BRI, previously known as One Belt, One Road (OBOR) or Silk Road Economic Belt, include promoting infrastructure development, trade and investments in Asia, Europe and Africa. BRI is a gigantic development initiative whose key components include the creation of several interconnected economic land corridors (=belts): China–Mongolia–Russia; China–Central Asia– West Asia, China–Pakistan, the China–Indochina …

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Urban Complex Value Study Based On Management Practice Of China Central Place, Chao Fang Sep 2019

Urban Complex Value Study Based On Management Practice Of China Central Place, Chao Fang

Dissertations and Theses Collection (Open Access)

In recent years in China, with the rapid development of China’s economy, the acceleration of urbanization, the extension of city size and the rapid growth of urban population, living conditions, traffic and environment in the cities are getting worse and worse. Under this background, urban complex integrating a series of functions like “living, business, office, tourism, culture and entertainment etc” has become popular with the urban administrators and developers in many cities. According to relevant statistics, by the end of 2015, there had been more than 2000 urban complexes (including the ones which have been completed, the ones which are …

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Skbi Big 5 Survey 2019 August, Singapore Management University Aug 2019

Skbi Big 5 Survey 2019 August, Singapore Management University

Sim Kee Boon Institute for Financial Economics

On balance, our overall interpretation of the multiyear Big5 survey results implies the following economy-at-risk scale (least to most): India, China, US, Japan and Euro Area (i.e., India’s economy appears to be the least at-risk, while the Euro Area might be the most at-risk). Broadly, survey participants expect the risks to GDP growth to be tilted to the downside in 2019 and 2020 followed by a more balanced growth environment in 2021. But participants seem to lean toward a more balanced risk assessment on headline inflation from 2019 through 2021, with the exception of the Euro Area, where a modest …

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Making Ethnic Tourism Good For The Poor, Jean Junying Lor, Shelly Kwa, John A. Donaldson May 2019

Making Ethnic Tourism Good For The Poor, Jean Junying Lor, Shelly Kwa, John A. Donaldson

Research Collection School of Social Sciences

How can ethnic tourism alleviate rural poverty? Due to the difficulty of simultaneously expanding tourism while promoting pro-poor tourism, most villages traverse one of two developmental pathways: 1) ensuring an inclusive structure before expanding, or 2) expanding before building an inclusive structure. This study compares four comparable cases in Southwestern China to understand the politics behind the decision to choose different pathways, and the impact each pathways has on local residents. While the first pathway requires a careful balance to maintain a pro-poor structure as tourism volume expands, the second pathway presents apparently insurmountable barriers to poverty reduction due to …

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Building Safe, Secure And Sustainable Futures In The South China Sea, Michelle Mei Ling Lim May 2019

Building Safe, Secure And Sustainable Futures In The South China Sea, Michelle Mei Ling Lim

Research Collection Yong Pung How School Of Law

This essay argues that by framing security in the South China Sea through the lens of territorial claims and power relations the bigger picture of a safe, secure and sustainable South China Sea is neglected. The essay reflects on a photograph from my childhood on the shores of the South China Sea. In the photograph, I have a little red bucket in my hands and a wide grin on my face as I prepare to build a sandcastle. In the intervention, I recall how it feels to be truly secure. By returning to the joys of childhood experienced on the …

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Mapping Cultural Tightness And Its Links To Innovation, Urbanization, And Happiness Across 31 Provinces In China, Roy Y. J. Chua, Kenneth Huang, Mengzi Jin Apr 2019

Mapping Cultural Tightness And Its Links To Innovation, Urbanization, And Happiness Across 31 Provinces In China, Roy Y. J. Chua, Kenneth Huang, Mengzi Jin

Research Collection Lee Kong Chian School Of Business

We conduct a 3-y study involving 11,662 respondents to map cultural tightness—the degree to which a society is characterized by rules and norms and the extent to which people are punished or sanctioned when they deviate from these rules and norms—across 31 provinces in China. Consistent with prior research, we find that culturally tight provinces are associated with increased governmental control, constraints in daily life, religious practices, and exposure to threats. Departing from previous findings that tighter states are more rural, conservative, less creative, and less happy, cultural tightness in China is associated with urbanization, economic growth, better health, greater …

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The Rise Of China And The Antarctic Treaty System?, Nengye Liu Mar 2019

The Rise Of China And The Antarctic Treaty System?, Nengye Liu

Research Collection Yong Pung How School Of Law

This paper examines three dimensions of China’s rise in Antarctica: (1) history (2) activities; and (3) governance. Historically, China was missing in Antarctic affairs for long time. Over the past four decades, as a reflection of China’s rapid economic growth after the adoption of ‘Open Door' policy, Chinese activities in the Antarctic can be seen as rising, especially in science, fisheries and tourism. Nevertheless, this paper argues that rather than having a secret agenda to pursue, China is still shaping up its general Antarctic policy. China’s capacity to advance its interests within the Antarctic Treaty System is not significant either. …

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Jawing Through Crises: Chinese And Vietnamese Media Strategies In The South China Sea, Frances Yaping Wang, Brantly Womack Feb 2019

Jawing Through Crises: Chinese And Vietnamese Media Strategies In The South China Sea, Frances Yaping Wang, Brantly Womack

Research Collection School of Social Sciences

Winston Churchill once said, ‘it is better to jaw-jaw than to war-war.’ However, negotiations are particularly difficult when they are enmeshed in public opinion precommitments. The sharpest crisis between China and Vietnam in the last 30 years concerned the placement of a Chinese oil rig into contested waters in 2014. This study analyses the Chinese and Vietnamese propaganda efforts surrounding the crisis as examples of the instrumental use of propaganda in managing domestic public opinion on diplomatic crises. The article argues that despite very different approaches to public diplomacy during the crisis, both states were primarily concerned with avoiding escalation …

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Now You Seaweed, Now You Don't: Photographing Rongcheng's Disappearing Seaweed Houses, Yanjing Liu Jan 2019

Now You Seaweed, Now You Don't: Photographing Rongcheng's Disappearing Seaweed Houses, Yanjing Liu

Social Space

This county-level city is known not only for its picturesque beauty, but also for being the site of seaweed houses— traditional homes built from natural seaweed and stones. Inhabited mainly by local fishermen, these structures are a reflection of northern Chinese marine culture and fishery customs.

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Hostile Takeover Regimes In Asia: A Comparative Approach, Umakanth Varottil, Wai Yee Wan Jan 2019

Hostile Takeover Regimes In Asia: A Comparative Approach, Umakanth Varottil, Wai Yee Wan

Research Collection Yong Pung How School Of Law

The market for corporate control is animportant corporate governance mechanism for the discipline of corporatemanagers. However, the process and substance of the regulation of hostiletakeovers differs remarkably among various jurisdictions. Existing andinfluential scholarship has focused on the differences in regulation between UnitedStates (US) and the United Kingdom (UK), with the explanations being founded ininterest group politics. Influential as it is, the question is whether thetheory can be extended outside of the US and the UK, particularly to theirlegal transplants in Asia? In the last few decades, many of the Asianjurisdictions have drawn heavily from the US and the UK when …

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