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| 1 |
ID:
122989
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2013.
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| Summary/Abstract |
Perceived to be substantially undervalued, the Chinese currency, the yuan, has attracted much attention in recent years, especially since the recession of 2008-2009. To remedy the situation, a proposal put forward recently by C. Fred Bergsten is noteworthy, for its impressive boldness in calling for drastic US policy actions, and for the potentially far-reaching impacts on the global rebalancing and recovery it may bring about. The purpose of this article is twofold: to assess the underlying analytical validity of this proposal and to explore its implications for the US, China and the rebalancing and recovery of the world economy.
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| 2 |
ID:
122991
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2013.
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| Summary/Abstract |
Based on human capital theory, this article views the choice of major as an investment in human capital, and uses quantitative methods to analyse the choice of major of Mainland Chinese students when studying higher education abroad, and their affecting factors. The data used in this study, which sampled 12,961 Mainland Chinese senior secondary school students, are from a data set from a project subsidised by the Research Grant Committee of Hong Kong. Economic factors, such as expected economic return and expected employment prospects have significant effects on Chinese students' choice of major, after controlling factors relating to individual characteristics and family background. Furthermore, this article, using the case of China, provides feedback for the human capital theory and also proposes policy implications for developing and developed countries, and for international education institutions.
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| 3 |
ID:
122988
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2013.
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| Summary/Abstract |
Using the case of the Xiamen anti-paraxylene (PX) plant movement, this article investigates the evolving phenomenon of citizen journalism with Chinese characteristics in the information age, with a focus on ICT-empowered environmental activism and the implications of citizen journalists on China's sociopolitical development. It is argued that enhanced public participation and environmental rights defences are developing effectively in China. The increase in alternative information available online through internet-mediated bloggers as well as citizen journalists is posing a formidable challenge to both the Communist Party of China's propaganda-filled media environment and its effective governance. Furthermore, the net's sociopolitical impact in China will be shaped and determined less by the intrinsic nature of the internet itself than by the underlying political dynamics of public opinion, civil participation, citizen journalism and cyber-activism.
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| 4 |
ID:
122986
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2013.
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| Summary/Abstract |
Drawing on new data, this article examines the challenges and open spaces for unofficial Protestant groups in China's Reform era. Findings show that four important factors have influenced the ability of unofficial Protestant leaders and groups to practise and grow within China's post-Mao political environment: (i) the behaviour of Protestant groups in the face of official rules and restrictions; (ii) the geographic location of Protestant groups; (iii) the extent and type of their personal connections (guanxi) with Party-state authorities; and (iv) political and material pressures on the local authorities with whom Protestants interact. Along with providing explanation for the great variation in relations between unofficial Protestant groups and the Chinese Party-state, the article suggests avenues towards more conciliatory church-state relations - despite the likely persistence of some tensions.
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| 5 |
ID:
122992
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| Publication |
2013.
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| Summary/Abstract |
This work compares differences in income between men and women in Yunnan, a southwestern province in China, in 2003. The data collection, conducted by co-authors Yang and Luo, was funded by the National Institute on Drug Abuse. The focus is on how illicit drug use shapes gender wage differences. Little research has been conducted which examines how drug use shapes wage differences in China and the existing work that does explore this relationship in the United States yields mixed results. Utilising basic ordinary least-squares (OLS) regression analysis, differences in earnings (log income) were examined, controlling variables for drug use, experience, marital status, educational attainment, Communist Party membership and other background variables. The data provide supporting evidence that current drug users reported higher income compared to others, all else being equal.
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| 6 |
ID:
122990
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| Publication |
2013.
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| Summary/Abstract |
Against the backdrop of the increasing impact of international short-term capital movements in the global economy, China's monetary policy independence has also been affected. This article outlines several important effects of international short-term capital movements on China's monetary policy independence by analysing features of channels and mechanisms of short-term international capital movement. The relationship between international short-term capital movements and China's monetary policy independence is studied econometrically using a value-at-risk model. The findings indicate that such capital influxes, especially those from abnormal channels in huge volumes, do adversely affect China's monetary policy independence.
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| 7 |
ID:
122987
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| Publication |
2013.
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| Summary/Abstract |
The distribution of political interests in China after the 17th National Congress of the Communist Party of China indicates that the central government currently has greater control over the local government than it did during the 16th National Congress. Regarding the transition of political interests, the central government can successfully promote preferred policies, even when the policies damage local interests. This study develops a model for predicting local government responses to central policies, using the 2009 policy dispute over resuming the Labour Day Golden Week holiday as the validity criterion. It is found that use of the proposed analytical framework can reduce prediction errors by 33.2 per cent.
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