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The 6th Plenum of the 16th Central Committee of the Communist Party of China (CPC) concluded on October 11, 2006, with … the commitment to establish a harmonious society by 2020. The obvious implication from this commitment is that the present … major social, economic and political trends are not leading to a harmonious society or, at least, not leading to a …
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because a harmonious society cannot endure in China unless there is also a harmonious world, and vice-versa. The large amount … global environmental commons more likely. China's quest for a harmonious society requires it to help provide global public … among the people inside the car), e.g. the state not being able to meet the rising social expectations about its performance …
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competition increase as a result of China's recent accession to the World Trade Organization? Will Indonesia, Malaysia, the … model suggest that, beyond the underlying international repercussions generated by China's emergence into the international … economy, China's WTO accession per se is likely to generate additional substantial benefits for China and have little …
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The desirability of WTO membership for China depends on whether its economic successes have been the result of its … discovery of new institutional forms (e.g. dual track pricing, SOE contracts, and fiscal contracts) that are optimal for China … advanced member of WTO. If the experimentalist interpretation of China''s phenomenal growth is correct, then WTO membership is …
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China has a built-in inflationary tendency because of the partially-reformed nature of its economic system …. Specifically, the post-1978 marketization of the economy has interacted with the continued state ownership to create an … inflationary 'liquidity tango' between the state-owned enterprises (SOEs) and the state-owned banks. Whenever the hard budget …
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themselves into nonperforming loans. In partially-reformed China, public-directed investments via the state enterprises tend to … 1997 is the last one that China can afford. Even then, fiscal solvency and macroeconomic management requires that the state …Just when China’s leaders receive conflicting signals of “overheating” and “below-potential growth”, they encounter …
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