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This article offers a detailed analysis of the policy design of the current fourth round of state-owned enterprise (SOE) corporate restructuring in China. This time, the state's efforts to improve SOE performance hinged on attracting private capital to take ownership shares in state firms—or so-called mixed-ownership reforms. The article relies on an analysis of policy documents, interviews with policy experts in China, and a case study of local mixed-ownership reform implementation in the city of Nanjing. It discusses implications of mixed ownership for corporate governance amid changing state–Party–business relations in China. It concludes that the reform agenda consolidates a hybrid political-economic system that organically blends planning and market modes of economic coordination, as well as public and private modes of ownership. [ABSTRACT FROM AUTHOR]

China's deepening ties to Iran, evident in the comprehensive strategic partnership (CSP) signed in 2021 after five years of stalled progress, is not an indication of a revisionist Chinese approach to the Gulf region. In fact, its CSPs with Saudi Arabia and the United Arab Emirates, already activated and implemented, are at far more mature levels, commensurate with China's deep levels of economic and political engagement with the Arab side of the Gulf. This is consistent with a strategic hedging approach that Beijing has used to build a sustainable presence without disrupting a competitive and fragile regional order. With far larger and more diverse interests in the Gulf Cooperation Council countries, China's partnership with Iran creates leverage due to the asymmetry inherent in the China‐Iran relationship. [ABSTRACT FROM AUTHOR]

Large-scale urban development projects have become the main vehicle by which targeted interventions for place- and scale-specific state initiatives unfold, triggering a series of processes that are associated with the rescaling of state space. This study aims to understand the place-specific conditions, pathways and strategies whereby states' spatial and scalar restructuring takes place in urban development projects (UDPs) within China's political economic contexts, and in turn how UDPs act as critical lenses for viewing the changing nature of state spatial strategy in China, through a case study of the Lingang New Town in Shanghai. The major findings are: UDPs in China function as tools not just for land value extraction but also for scale-making to cater to the state's pursuits of place-specific competitiveness in the global economy; the restructuring of the state apparatus and regulatory frameworks is driven by place-specific tensions and crises triggered by earlier rounds of state rescaling; the state chose state-agents rather than market-agents to reinforce its power, and thus the state space expands through development of UDPs; through developing UDPs, China's spatial strategies have explicitly and officially engaged with the discourse of globalisation while implicitly engaging with geographically variegated practices of neoliberalisation. At the theoretical level, this article facilitates an investigation of how China's state spatial strategy, characterised by geographically and chronologically variegated engagement with neoliberalism, is actualised through UDPs. It also demonstrates how, despite being a socialist polity, pragmatic market measures and downscaling are taken as transient measures in times of need. [ABSTRACT FROM AUTHOR]

What led to the boom of Chinese development cooperation in Latin America? This article provides a systematic analysis of China's foreign behavior, motives, and policies regarding development cooperation toward the region between 2000 and 2014. I propose a comparative framework that defines Chinese development cooperation as a tool of economic diplomacy. Drawing on empirical evidence from AidData's Global Chinese Official Finance Dataset and Chinese white papers on foreign aid, the findings evidence that China was motivated by multiple and conjunctural factors in providing development cooperation. In the realm of theory, the article contributes to the literature on economic statecraft—filling in gaps in understanding the relationship between economics and politics. Empirically, it provides a set of tools for understanding the important role that development cooperation plays in a nation's statecraft. Regarding Chinese foreign policy studies, it offers insight into the financial dimension of China's international economic relations. [ABSTRACT FROM AUTHOR]

How does a state's source of wealth condition the domain in which it seeks to project influence? We argue that what a state makes conditions what they take. Specifically, the less states rely on land rents to acquire wealth, the less interested they will be in seeking control over territory and the more interested they will be in securing access to distant markets. We develop and test several observable implications that should follow whether this proposition is true. First, as states become less economically dependent on territory, they should be less likely to fight over territory; second, those states should be more likely to both invest in power projection capabilities and subsequently project power at greater distances. Our findings support our theory. These results are robust across a variety of model specifications that take into account potential confounds, such as regime type, economic development, threat, and geography. [ABSTRACT FROM AUTHOR]

The article focuses on the challenge posed by flawed democracies or political regime to the rise of China and its Belt and Road Initiative (BRI). Topics discussed are attempts of political leaderships in Nepal, Malaysia, Pakistan and Maldives to influence the direction of China's development efforts and flaws in the design of BRI including investment of China in corruption, scale of China-Pakistan Economic Corridor (CPEC) financial obligations and demand for local participation in BRI projects.

China has become the leading country to develop wind and solar energy industries. By presenting the institutional arrangement and interest constellations of China's regulatory system of renewable energy sectors, this paper argues that the reasons for China's swift expansion of wind and solar energy investment go beyond the notion of a state-led model. It also reveals that due to a series of internal power struggles and external shocks, the current regulatory system is undergoing significant restructuring. A new policy paradigm is emerging that is largely different from the previous decades of policy orientation that centred on capacity expansion and instrumental interests for renewable energy development. The new paradigm would face tremendous challenges from existing institutions and vested interests, and it requires new set of ideologies that can help renewable energy sector to truly competing with the energy incumbents in order to bring about meaningful lowcarbon energy transition in China. [ABSTRACT FROM AUTHOR]

As development is no longer simply conceived of as economic growth, but also as encapsulating human development, the role of the developmental state must be rethought. Focusing on the state's ability to deliver collective goods such as welfare has become an important task for developing and developed nations alike, and nowhere is this more important than in China. Consequently, intimate connections between the political and industrial elites are no longer sufficient and may actually be counterproductive to the success of the developmental state. Diverging from traditional developmental states, China shows that incorporation of new stakeholders is not premised on principles of human development. The novelty that China brings to re-thinking and re-articulating a new developmental state framework is that the development state of the twenty-first century can create new alliances such as with non-governmental organisations to meet human development objectives, but substantive change with regards to how the state is organised is not a precondition. [ABSTRACT FROM AUTHOR]

This article defines the key parameters of ‘state entrepreneurialism’ as a governance form that combines planning centrality and market instruments, and interprets how these two seemingly contradictory tendencies are made coherent in the political economic structures of post-reform China. Through examining urban regeneration programmes (in particular ‘three olds regeneration’, sanjiu gaizao), the development of suburban new towns and the reconstruction of the countryside, the article details institutional configurations that make the Chinese case different from a neoliberal growth machine. The contradiction of these tendencies gives room to urban residents and migrants to develop their agencies and their own spaces, and creates informalities in Chinese urban transformation. [ABSTRACT FROM AUTHOR]

This article examines the effects of natural resource extraction on authoritarian governments' provision of public services, using subnational data from China. Facing no electoral constraint that would reflect the policy preferences of citizens, Chinese local leaders instead allocate public funds differentially based on their need for quality labor in local economic development, a critical criterion for their political success. When the local economy benefits from natural resources, the need for skilled local labor dissipates, and leaders invest less in social services that enhance labor productivity. Using panel data across all prefecture-level cities (1992-2010), I find evidence that mineral resource abundance leads local governments to provide fewer public services for education and health care. Meanwhile, services unrelated to labor quality remain unaffected. The results are robust to the inclusion of key confounding factors such as FDI inflows and state-owned enterprises' output contributions. Additional analyses reject alternative mechanisms including political turnover. [ABSTRACT FROM AUTHOR]

According to the Sino-British Joint Declaration and Basic Law, Hong Kong was to exercise a high degree of autonomy under the framework of “one country, two systems” after the British handover of its sovereignty to China in 1997. In the initial post-handover period, Beijing adopted a policy of nonintervention in Hong Kong, but the outbreak of the July 1, 2003 protest triggered a subsequent change of policy. Since then, Beijing has embarked on state-building nationalism, adopting incorporation strategies so as to subject Hong Kong to greater central control over the political, economic, and ideological arenas. Ironically, instead of successfully assimilating Hongkongese into one Chinese nation, Beijing’s incorporation strategies are leading to a rise of peripheral nationalism in the city-state and waves of counter-mobilization. This article analyzes mainland–Hong Kong relations on the eve of the twentieth anniversary of the handover and offers insights from an emerging case study that builds upon the nationalism literature. [ABSTRACT FROM AUTHOR]

When most of China's major cities are suffering from smog, people start to cry out for environmental improvement. The significance of Corporate Social Responsibility (CSR) has become one of the hottest topics in China. CSR and shareholder primacy are widely debated idiosyncratic areas of corporate legislation. China's approach has thus far been unclear in both areas. This paper first considers all related provisions in Chinese commercial law in order to identify China's approach (law on the books) from the legislative perspective. Then, based on this conclusion of the schizophrenic Chinese corporate law, it further examines the enforcement of shareholder primacy and CSR laws using empirical methods (law in action). Finally, the efficacy of the current approach is analysed and assessed from a political economy perspective. The article concludes that it would be efficient for China to follow existing statutory requirements and imperatives. Moreover, China must correct practitioners' modus operandi in order to improve the rule of law. Social responsibility issues should, for the time being, be tackled outside the corporate law box rather than by meddling with already confusing director duties. [ABSTRACT FROM AUTHOR]

In studies of China’s economic rise and political system, multiyear comprehensive and sectoral plans issued by the national government tend to be played down as futile efforts at reigning in a political economy increasingly driven by market incentives and decentralized decisions. Contrary to this, we provide evidence that China’s planning system has been transformed alongside the economic transition, yet remains central to almost all domains of public policy making and the political institutions that have fostered China’s high-speed growth and economic stability. The incorporation of experimental programs into macro-plans, a tiered hierarchy of policy oversight, newly introduced mid-course plan evaluations, and systematic top-level policy review have allowed Chinese planners to play a central role in economic policy making without succumbing to the rigidity traps that debased traditional planned economies. By better understanding how the planning cycle influences incentives and resources of successive layers of bureaucracies and jurisdictions, and how it updates itself and adapts to new challenges, it is possible to explain a greater proportion of the Chinese policy-making process, including many of its successes and pathologies. [ABSTRACT FROM AUTHOR]

In the face of a rising China, some scholars have argued that ASEAN countries will choose to either bandwagon with or balance against China, while others believe they will respond with a more moderate policy known as ‘hedging’. In considering these options, ASEAN countries must take into account their individual interests within the economic and security structure of this region. In this research, we argue that each ASEAN country confronts divergent sets of security and economic relations with China, which play a major role in shaping their policy responses. We can characterize their responses into four quadrants. Each cell can be categorized in terms of a high or low degree of threat perception (HT or LT) from China, as well as a positive or negative economic expectation (PE or NE) with China. We thus hypothesize that ASEAN countries in the HT–NE situation will balance against China; those in the LT–PE situation will bandwagon with China; those in the HT–PE or LT–NE situations will hedge against China. Hypotheses are supported by three case studies, Vietnam–China (HT–NE), Cambodia–China (LT–PE) and Singapore–China (HT–PE) relations. [ABSTRACT FROM PUBLISHER]

How does rural China's political economy determine the motivations and constraints that drive small farmers and agribusiness companies into contract farming and shape its practice and impact? This paper identifies three distinctive features of contract farming in China - varied impact on rural inequality, unstable contractual relations and lack of competitiveness with other alternatives - and proposes tentative explanations linked to three features in rural China's political economy: strong collective institutions, active state support for agriculture and strong domestic markets. The recent turn in China's agrarian transition towards vertical integration of agriculture with industries is, however, undermining these conditions and may move China towards more convergence with other countries. Studying contract farming in China's unique political economy context shows not only how variations in the political economy can alter its practice and impact, but also how it needs to be evaluated in comparison with competing alternatives. [ABSTRACT FROM AUTHOR]

This article examines the question of why the risks posed by collective petitioning in China deter some villagers from participating but not others. Based on the statistical analysis of an original dataset and an ethnographic study of one case, this article finds that higher household income is the only significant factor that increases a villager's probability to participate in collective petitions. Economic security empowers a peasant's political participation. Contrary to the existing literature, being a demobilized soldier does not significantly increase a villager's probability to participate in collective petitions. The implication of this finding is that petitioning as a form of 'managed participation' in Chinese politics may face more and more challenges if the average Chinese household income continues to grow. [ABSTRACT FROM AUTHOR]

In this paper, I find that the political economy of public goods provision by the local government in Shanghai influenced the decision to transition from the existing public service delivery model based on residency, to a social innovation model where the government contracts with non-profits and private firms to provide services at lower costs and experiment with different levels of provision (购买服务). Contracting also forms a bridge between old governance models and new ones, which potentially allow for a process of administrative modernization without social instability. Contracting for public-goods provision is increasing in prevalence not only in Shanghai but also in many other provinces, and is professionalizing participating organizations and providing public goods to vulnerable populations. While this practice is not yet increasing non-profit participation in the policy process, the creation of access channels that are currently operating solely in one direction may at some future date allow groups to participate in relevant policy areas. Contracting public goods might have the potential of significant effects beyond the term of the contract by increasing pluralism in local public policy and generating more demand for transparency and accountability of government services. As such, this is an interesting bellwether for future political change in China. [ABSTRACT FROM AUTHOR]

Rapid economic development has increased mass political participation in market reform China. Many electoral authoritarian regimes with a good record of economic development have experienced the growing participation of elite/middle-class citizens. Under the Chinese Communist Party regime, however, the poor mass is the main group to participate drastically more. This is because despite rapid aggregate growth, the mass have suffered extensively from excessive exploitation with high levels of corruption and inequality, which benefits many local elites. The regime has evaded authoritarian election but channeled such mounting participatory demands into an extensive petition (Xinfang) institution nationwide. As a result, the mass petition activism has rapidly increased since the early 1990s. This article finds the specific determinants of such petition activism with newly assembled data on provincial petition frequency and multiple case studies. [ABSTRACT FROM PUBLISHER]

El trabajo aborda, en síntesis, los derroteros que han seguido los vínculos entre China y los países de América Latina. Recoge las coyunturas que gravitaron, en diferentes momentos, después de la proclamación de la "Nueva China" en 1949, en el establecimiento y desarrollo de las relaciones político-económicas. Enfatiza en el giro que se vislumbra, a partir del año 2004, en los vínculos sino-latinoamericanos, después de la visita efectuada por Hu Jintao, a varios países del Continente. Señala, entre otras cuestiones, las oportunidades y retos que abre para América Latina el mercado de China, ya sea en calidad de destino de las exportaciones tradicionales latinoamericanas, así como alternativas para la obtención de créditos, tecnologías y relaciones sin condicionamientos políticos. [ABSTRACT FROM AUTHOR]