China in the World Market: Chinese Industry and International Sources of Reform in the Post-Mao Era (Cambridge Modern China Series)

Cover......Page 1
Half-title......Page 3
Series-title......Page 5
Title......Page 7
Copyright......Page 8
Contents......Page 9
Figures......Page 11
Abbreviations......Page 13
Preface......Page 17
REFORM CHINA: THE SLEEPING GIANT AWAKENS......Page 21
THE PROBLEM FOR ANALYSIS......Page 25
THE CASES......Page 32
INDUSTRY-SPECIFIC ANALYSIS AND THE STUDY OF CHINA’S REFORM AND OPENING......Page 37
THE PLAN OF THE BOOK......Page 39
THE ARGUMENT IN BRIEF......Page 43
Moderate Economic Closure and the Emergence of a Buyers’ Market in Textiles and Shipbuilding......Page 44
Why Moderate Economic Closure Was More Conducive to Industrial Restructuring and Rationalization than Economic Openness......Page 45
Why China Responded to Moderate Economic Closure with Market-Oriented Reform......Page 49
2 The Outside World as an Impetus for Change in China......Page 54
THE (UNDERESTIMATED) ROLE OF THE OUTSIDE WORLD IN EXPLANATIONS FOR CHANGE IN POST-MAO CHINA......Page 56
BETWEEN CHOICE AND CONSTRAINT: CHINA CHARTS ITS COURSE IN THE WORLD ECONOMY......Page 61
INTERNATIONAL-CENTERED PERSPECTIVES ON CHINA’S REFORM AND OPENING: TOWARD A “SECOND IMAGE REVERSED” CONCEPTUALIZATION......Page 63
CONCEPTUALIZING THE “OUTSIDE WORLD”......Page 66
THE EFFECTS OF EXTERNAL FORCES: TOWARD A CONCEPTUAL FRAMEWORK......Page 69
LIMITS TO INTERNATIONAL-CENTERED PERSPECTIVES ON CHINA’S REFORM AND OPENING......Page 70
FUTURE RESEARCH: BROADENING AND DEEPENING THE STUDY OF CHINA’S REFORM AND OPENING......Page 72
CONCLUSION......Page 77
CHINESE TEXTILES: AN INDUSTRY WITH A DISTINGUISHED PAST AND A BRIGHT FUTURE......Page 79
SINO-AMERICAN RELATIONS, THE MULTIFIBER ARRANGEMENT, AND CHINA’S TEXTILE INDUSTRY......Page 83
SPRINGBOARD TO SUCCESS: A REVISIONIST ACCOUNT OF THE MFA’S IMPACT ON CHINESE DEVELOPMENT......Page 91
Industrial Restructuring......Page 92
Economic Reform......Page 93
Industrial Rationalization......Page 94
THE MULTIFIBER ARRANGEMENT, FOREIGN DIRECT INVESTMENT, AND THE DEVELOPMENT OF CHINA’S TEXTILE INDUSTRY......Page 95
DEVELOPING COUNTRY STRATEGIES FOR COPING WITH THE MFA......Page 100
Made to Order: China Goes Upmarket in Response to the MFA......Page 101
Dressed for Success: Chinese Factories Work Their Way into Saks Fifth Avenue and Macy’s......Page 106
Living within the Rules: China Diversifies to Cope with the MFA......Page 111
Flouting the Rules: China Transships to Circumvent the MFA......Page 117
SILK EXPORTS: A CONVENIENT “FREE TRADE” COUNTEREXAMPLE TO “MANAGED TRADE” UNDER THE MFA......Page 118
Problems in China’s Silk Industry......Page 121
Silken Sorrows: Unrestrained Exports and China’s Failure to Trade Up in the World Market......Page 122
Smooth as Silk: The Dangers of “Easy” Exports to the World Market......Page 125
Quotas to the Rescue?: Advances in China’s Silk Industry in the Wake of Restricted Exports......Page 128
CONCLUSION......Page 130
HANGING BY A THREAD: CHINA COPES WITH THE MFA......Page 131
Business as Usual: Administrative Measures in Response to the MFA......Page 134
Between a Rock and a Hard Place: The Perils of Partial Reform......Page 137
Efforts to Link Industry and Trade: The Case of the Export Agency System......Page 140
The Decentralization of Foreign Trade Authority......Page 143
Import Liberalization and Reform in Raw Materials Allocation......Page 145
Struggling with Overcapacity......Page 146
The Textile Industry and Zhu Rongji’s Three-Year Plan for SOE Reform......Page 150
Textile Quota as a Political Commodity......Page 151
The Evolving System of Quota Allocation in China: From Political-Bureaucratic Administration to Corrupted Market......Page 153
Continuing Change in Quota Allocation: Toward a Formal Auction System......Page 157
CONCLUSION......Page 162
RESHAPING THE ORGANIZATIONAL LANDSCAPE OF THE CHINESE TEXTILE INDUSTRY......Page 164
Weakening the Ties That Bind: Bureaucrats and Market Coordination in China’s Textile Industry......Page 168
Reform from Above: The Role of China’s Central Leadership......Page 169
Reform from the Middle: Overcoming Bureaucratic Resistance in China’s Textile Industry......Page 172
Reform from Below: Enterprise Initiative in the Textile Industry......Page 178
REFORM BY ATTRITION: THE ROLE OF THE NONSTATE SECTOR IN RESHAPING CHINA’S TEXTILE INDUSTRY......Page 180
BEHEMOTHS IN THE MAKING?: CHINA’S SHIPYARDS ON THE RISE......Page 183
A BRIEF HISTORY OF CHINA’S MARITIME DEVELOPMENT......Page 189
REORGANIZING PRODUCTION FOR THE FUTURE: THE CREATION OF THE CHINA STATE SHIPBUILDING CORPORATION......Page 195
CSSC: A MODEL FOR INSTITUTIONAL REFORM IN CHINESE INDUSTRY?......Page 198
CSSC AND CHINA’S EXPORT SUCCESS: FARSIGHTED ARCHITECT OR UNWITTING BENEFICIARY?......Page 202
CSSC’S STRATEGY FOR THE SHIPBUILDING INDUSTRY: A CREDIBLE PLAN?......Page 206
CONCLUSION......Page 210
8 Dangerous Currents: Navigating Boom and Bust Cycles in International Shipbuilding......Page 212
The First Crash......Page 214
The Second Crash......Page 217
COSCO IN A BUYERS’ MARKET: EXPANDING CHINA’S MERCHANT FLEET DURING THE INTERNATIONAL CRISIS IN SHIPBUILDING......Page 222
BETWEEN A ROCK AND A HARD PLACE: CSSC AND THE CRISIS IN INTERNATIONAL SHIPBUILDING......Page 226
Global Surplus Capacity: The Impact on Development Strategy and Industrial Adjustment in Chinese Shipbuilding......Page 229
CONCLUSION......Page 235
DIVERSIFYING THE PRODUCT MIX: THE MOVE UPMARKET IN SHIPS......Page 237
SPECIALIZATION AMONG CHINA’S LEADING SHIPYARDS......Page 242
KEEPING A LID ON CAPACITY: RATIONALIZATION IN CHINESE SHIPBUILDING......Page 243
GETTING IN TUNE: SHORTENING THE CONSTRUCTION PERIOD FOR NEWBUILDINGS......Page 244
CSSC BECOMES A DIVERSIFIED MANUFACTURER: THE EXPANSION OF NONMARINE PRODUCTION......Page 245
SHIPREPAIR: THE SHIFT TOWARD FOREIGN WORK......Page 248
CSSC’S GROWING EXPORTS OF MARINE EQUIPMENT......Page 251
“MAKING IMPORTS FOSTER EXPORTS”: THE ROLE OF TECHNOLOGY ACQUISITION......Page 252
STEADY PROGRESS IN PERENNIALLY CHOPPY WATERS: CHINESE SHIPBUILDING SINCE THE EARLY 1990s......Page 255
THE FIRST WAVE OF REFORM: THE EROSION OF CENTRAL PLANNING......Page 258
THE SECOND WAVE OF REFORM: DILEMMAS OF PARTIAL REFORM AND LIMITED FINANCIAL DECENTRALIZATION......Page 264
REFORM IN THE CHINESE SHIPBUILDING INDUSTRY: AN EVALUATION......Page 269
RATIONALIZATION IN THE CHINESE SHIPBUILDING INDUSTRY: AN EVALUATION......Page 272
SHIPBUILDING: THE SUCCESS STORY OF A REFORM PIONEER......Page 275
EXPLAINING CHANGE IN THE SHIPBUILDING INDUSTRY: A CASE OF FOLLOWERS AND LEADERS?......Page 278
Reform from Above: The Role of China’s Central Leadership......Page 279
CSSC Beijing in the Reform Process......Page 287
Reform from Below: The Role of China’s Shipyards......Page 289
INTERNATIONAL AND DOMESTIC SOURCES OF CHANGE IN THE CHINESE SHIPBUILDING INDUSTRY......Page 293
DOMESTIC STRUCTURE AS A SOURCE OF CHINESE POLICY MAKING......Page 296
CHINESE POLICY MAKING AND THE ORGANIZATIONAL STRUCTURE OF THE STATE......Page 299
GOVERNMENT-INDUSTRY RELATIONS IN CHINA: IMPLICATIONS FOR THE CONDUCT OF INDUSTRIAL POLICY......Page 302
THE TRANSITIONAL NATURE OF CHINA’S ECONOMY......Page 309
STATE CAPACITY, INDUSTRIAL ADJUSTMENT, AND POLICY “FIT”: CHINA’S RESPONSE TO EXTERNAL CHALLENGES IN THE TEXTILE AND…......Page 310
THE ROLE OF INTERNATIONAL FORCES IN CHANGING THE PATTERN OF STATE INTERVENTION IN THE CHINESE TEXTILE AND SHIPBUILDING…......Page 312
CHINA IN COMPARATIVE PERSPECTIVE: THE VALUE OF A “STATE CAPACITY” APPROACH......Page 313
THE “PROBLEM FOR ANALYSIS” REVISITED......Page 315
A Tale of Two Models?......Page 316
Standing the Test of Time......Page 318
Issues for Future Research......Page 320
ANOTHER CASE OF “EAST ASIAN MERCANTILISM”?: CHINESE ECONOMIC SUCCESS IN THE ABSENCE OF A DEVELOPMENTAL STATE......Page 322
BRINGING EXTERNAL FORCES (BACK) IN......Page 332
A NOTE ON METHODOLOGY......Page 336
DATA COLLECTION......Page 339
BOOKS, JOURNAL ARTICLES, AND UNPUBLISHED MANUSCRIPTS......Page 342
NEWSPAPERS, PERIODICALS, AND ANNUAL PUBLICATIONS......Page 351
Index......Page 353