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China: The Balance Sheet

Book Description

China's emergence as a major international power is perhaps the most important development in world affairs of the 21st century. Now, this book provides an indispensable survey of that country, the world's largest-- a vast land with 1.4 billion people and the world's most dynamic economy. Over the past year, Dr. Bates Gill, C. Fred Bergsten, Nicholas R. Lardy, and Derek Mitchell have led four task forces through a rigorous exercise of investigation and intelligence, compiling and analyzing the authoritative data on China's economy, foreign and domestic policy, and national security. Now that material has been shaped into an accessible narrative filled with facts, but written for the general reader. The expert judgements presented in China: The Balance Sheet will inform policymakers in Washintgon, scholars and the business community for years to come.

Table of Contents

  1. Title Page
  2. Table of Figures
  3. List of Tables
  4. Preface
  5. 1 - Summary and Overview: Meeting the China Challenge
    1. THE STAKES FOR GETTING CHINA POLICY RIGHT
    2. ASKING THE RIGHT QUESTIONS
    3. CHINA’S DOMESTIC ECONOMY: CONTINUED GROWTH OR COLLAPSE?
    4. CHINA’S DOMESTIC TRANSFORMATION: DEMOCRATIZATION OR DISORDER?
    5. CHINA IN THE WORLD ECONOMY: OPPORTUNITY OR THREAT?
    6. CHINA’S FOREIGN AND SECURITY POLICY: PARTNER OR RIVAL?
    7. CONCLUSION: TOWARD A NEW UNITED STATES–CHINA RELATIONSHIP
  6. 2 - China’s Domestic Economy: Continued Growth or Collapse?
    1. WHY HAS CHINA GROWN SO RAPIDLY?
    2. WHAT ARE THE MAJOR OBSTACLES TO SUSTAINING ECONOMIC GROWTH?
    3. WHAT OTHER MAJOR ECONOMIC CHALLENGES DOES CHINA FACE?
  7. 3 - China’s Domestic Transformation: Democratization or Disorder?
    1. DISGRUNTLED AND DISAFFECTED: DOES SOCIAL UNREST THREATEN NATIONAL STABILITY?
    2. IS CORRUPTION THE END OF THE PARTY?
    3. CAN THE BURDENS OF POPULATION AND DEMOGRAPHY BE DEALT WITH?
    4. PUBLIC WELFARE: WHAT HAPPENED TO THE SOCIAL SAFETY NET?
    5. WHAT IS CHINA’S ENVIRONMENTAL FORECAST?
    6. THE PARTY ADJUSTS: HOW MUCH REFORM TO STAY IN POWER?
    7. THE PARTY AND STATE ADJUST: ARE HUMAN RIGHTS, CIVIL LIBERTIES, AND RELIGIOUS ...
    8. PARTY AND STATE ADJUSTMENT: GREATER RULE OF LAW?
    9. WHAT ARE THE IMPLICATIONS FOR CHINA-U.S. RELATIONS?
  8. 4 - China in the World Economy: Opportunity or Threat?
    1. WHY DOES CHINA HAVE SUCH A LARGE TRADE SURPLUS WITH THE UNITED STATES?
    2. WHY IS CHINA’S CURRENCY REGIME A PROBLEM FOR THE GLOBAL ECONOMY?
    3. INTELLECTUAL PROPERTY PROTECTION
    4. IS CHINA BECOMING AN ADVANCED TECHNOLOGY SUPERSTATE?
    5. DO CHINA’S PURCHASES OF U.S. BONDS CREATE VULNERABILITIES FOR THE UNITED STATES?
    6. SHOULD THE UNITED STATES BE CONCERNED ABOUT CHINA’S PURCHASES OF U.S. COMPANIES?
    7. HOW SHOULD CHINA’S ROLE IN THE GLOBAL ECONOMIC SYSTEM EVOLVE?
  9. 5 - China’s Foreign and Security Policy: Partner or Rival?
    1. HOW DOES CHINA VIEW THE UNITED STATES?
    2. IS CHINA TRYING TO PUSH THE UNITED STATES OUT OF EAST ASIA?
    3. IS CHINA ENGAGED IN GLOBAL STRATEGIC COMPETITION WITH THE UNITED STATES?
    4. IS MILITARY CONFLICT BETWEEN CHINA AND TAIWAN (AND THE UNITED STATES) INEVITABLE?
    5. DOES CHINESE FOREIGN POLICY UPHOLD OR UNDERMINE THE INTERNATIONAL SYSTEM?
    6. IS CHINA’S RELATIONSHIP WITH JAPAN DESTINED TO BE HOSTILE?
    7. DO CHINESE AND U.S. INTERESTS CONVERGE ON THE KOREAN PENINSULA?
    8. WHY IS CHINA STRENGTHENING ITS MILITARY?
  10. 6 - Conclusion: Toward a New United States–China Relationship
  11. Notes
  12. Authors
  13. Organizations
  14. Acknowledgements
  15. Advisory Committee
  16. Index
  17. Copyright Page