China’s Rise and Internationalization:Regional and Global Challenges and Impacts

2018 marks the 40th anniversary of the start of China's reform and opening up policy, which created China's growth miracle with an annual average growth rate of around 9.5 percent. China's rapid rise and internationalization has also generated profound impacts both regionally and globally. This edited book aims to bring together academics and researchers at policy institutions to discuss ongoing research on a wide range of theoretical and empirical issues related to China's rapid rise and internationalization from both regional and global perspectives.

Contents:

• Introduction — China's Rise and Internationalization: Challenges and Impacts (Filip Abraham and Zhaoyong Zhang)
• The Rise of China in Global Trade and Foreign Direct Investment:
  • EU–China Trade and Investment Relations in Turbulent Times: A European Perspective (Filip Abraham, Yannick Bormans, and Jan Van Hove)
  • Trade Interdependence and Comparative Advantage Between China and Countries Along the Belt and Road (Chengyu Que, Fan Zhang, Junru Zhang, and Zhaoyong Zhang)
  • Banking Crises' Impacts on Bilateral Trade (Yifei Mu, Qiushu Yin, and Antonio Alleyne)
  • Does Producer Service FDI Promote the Upgrading of China's Manufacturing Sector? (Yibing Ding and Yingjie Fu)
• The Financial Aspects of China's Growth and Development:
  • Financial Integration and China's Growth Surge (Rod Tyers and Yixiao Zhou)
  • Systemic Risks, Macroeconomic Shocks, and Financial Security in China (Xinmiao Zhou, Kai Zhang, and Huihong Liu)
  • Fiscal Sustainability of China's Provincial Governments: A Non-Stationary Panel Data Analysis (Vinh Q T Dang, Kenneth S Chan, and Erin P K So)
  • Size Matters After All: Evidence from the Chinese Stock Market (Kin-Yip Ho, Jiyoun An, and Zhaoyong Zhang)
  • Can 'Active Portfolio Weight Change' of Institutional Investor Make the Stock Market Stable? (Zhaohui Wang, Xiangqun Zhang, and Hongya Li)
• Innovation and Sustainable Growth in the Chinese Economy:
  • Technology Level, Market Competition, and Firms' Innovation Behavior: Evidence from Chinese High-Tech Enterprises (Hui-hong Liu and Xin-miao Zhou)
  • Macroeconomic Costs and Potentials of CO₂ Emission Reduction: A Case Study of Zhejiang Province, China (Lin-ju Chen and Cong-lei Tan)
  • Does the Environmental Policy Stringency Gap between China and Its Trading Partners Affect Its Manufacturing Exports? (Limin Liu, Minjie Wang, Ziyuan Xie, and Malviskate Ekia Ambonaya)
  • Local Public Expenditure and Local Economic Growth: Evidence from Zhejiang Province of China (Yunhua Zhang and Dan Luo)
• Index

Readership: Researchers and the public who are keen to gain insights into the rise of China and the ongoing transformation of the East Asian region.