Chinese Direct Investment in California

By Daniel H. Rosen and Thilo Hanemann on October 12, 2012

To build the case for a robust response to these opportunities and looming risks, this report analyzes Chinese investment in California in depth, mining a unique database for insights about California’s comparative advantages, the Chinese firms most suited to its economy, and the forces motivating this inflection in cross-border investment patterns. The report explains where China is as an outbound investor relative to its past, its future, and other countries and assess California’s position as a destination for Chinese OFDI flows compared to its sister states.

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Daniel H. Rosen
Topics: 
Business
Economy
Politics
Keywords: 
Trade
Foreign Direct Investment
California
Organization: 
Asia Society

No Ancient Wisdom, No Followers

By Jeremy Goldkorn & James McGregor on October 12, 2012

As China continues to subsidize inefficient state enterprises on a massive scale, an increasing number of critics—domestic and foreign—are questioning whether current policies mark a rejection or corruption of the vision championed by reformers like Zhu Rongji in the 1990s. Their complaints paint a stark picture of crony-capitalism ossifying to the point where entrenched incumbents become a threat to the future of a prosperous market-oriented China. Are they true?

Netizens React to Mo Yan’s Nobel Prize

By Ouyang Bin on October 11, 2012

Upon hearing the news that novelist Mo Yan was awarded the 2012 Nobel Prize in Literature, a flurry of messages about the fifty-seven-year-old Shandong native circulated on weibo, China’s equivalent of Twitter, expressing decidedly mixed opinions about whether the author of novels like Red Sorghum, Republic of Wine, and The Garlic Ballads deserved such an exalted prize or, indeed, whether the prize should even be taken seriously in China.

China’s New Leaders Must Respect Environmental Rights

on October 11, 2012

China has achieved remarkable economic successes over the last three decades. For years, it has led the world in GDP growth. But widespread industrialization and urbanization, along with growth based on increased use of resources, mean the nation also leads the world in energy consumption, carbon emissions, and release of major air and water pollutants. Pollution is severe, resources are scarce, and public health is threatened. The environmental impacts are felt both regionally and globally.

Will Mo Yan’s Nobel Prize Finally Mean Better Book Sales Abroad?

By Jonathan Landreth on October 11, 2012

Literature in translation in the United States has wide but shallow roots, making English language stars out of the likes of Gabriel Garcia Márquez and Haruki Murakami, but leaving most of China’s writers struggling to take hold. Now, veteran translator Howard Goldblatt, the man responsible for bringing to life in English the major works of novelist Mo Yan, winner on Thursday of the 2012 Nobel Prize for Literature, is predicting a surge in interest in the Chinese author.