1,138 research outputs found

    The China's Rise as an International Trading Power

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    This paper undertakes a detailed review of the policies that have shaped China's explosion of a global supply of exports, and examines long trend statistics on the evolution of China's trading partners and the goods it trades in the post-reform period. This review notes common characteristics in China's trade experience with those of earlier successful export-based economies of East Asia, such as South Korea and Japan. The survey finds that China's pattern of trade and trading partners are similar to those of more market-based Asian economies, but that the Chinese economy's orientation toward foreign trade is considerably greater than expected for an economy of its size and level of development. The authors argue that China still has a long way to go in terms of its export boom, especially if compared to the experiences of South Korea, Japan, and Taiwan. This suggests that China is on track to become one of the world's most formidable trading powers and its export policies and export performance will exert increasing influence on how the global trade regime evolves in the future.

    The Impact of Approved Destination Status on Chinese Travel Abroad: An Economic Analysis

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    Since the early 1990s China’s government has negotiated Approved Destination Status (ADS) with 120 countries. The agreements allow government-approved travel agencies to market group tours and obtain visas in bulk to ADS destinations. We apply a gravity model framework to analyze how ADS has affected Chinese outbound tourist travel from China using Chinese visitor arrivals data from 61 main foreign destinations of mainland Chinese tourists (which account for vast majority of international departures from China) from 1995 to 2005. Fixed effects estimates indicate ADS resulted in significant increases in arrivals from China (averaging 52 percent over three years). We also find evidence of travel diversion as more countries received ADS.China Outbound Travel, Approved Destination Status, Gravity Model, Tourism, International Agreements, Travel Liberalization

    Hedgehog Spin-texture and Berry's Phase tuning in a Magnetic Topological Insulator

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    Understanding and control of spin degrees of freedom on the surfaces of topological materials are key to future applications as well as for realizing novel physics such as the axion electrodynamics associated with time-reversal (TR) symmetry breaking on the surface. We experimentally demonstrate magnetically induced spin reorientation phenomena simultaneous with a Dirac-metal to gapped-insulator transition on the surfaces of manganese-doped Bi2Se3 thin films. The resulting electronic groundstate exhibits unique hedgehog-like spin textures at low energies, which directly demonstrate the mechanics of TR symmetry breaking on the surface. We further show that an insulating gap induced by quantum tunnelling between surfaces exhibits spin texture modulation at low energies but respects TR invariance. These spin phenomena and the control of their Fermi surface geometrical phase first demonstrated in our experiments pave the way for the future realization of many predicted exotic magnetic phenomena of topological origin.Comment: 38 pages, 18 Figures, Includes new text, additional datasets and interpretation beyond arXiv:1206.2090, for the final published version see Nature Physics (2012

    Chapter 7 - Energy systems

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    Stabilizing greenhouse gas (GHG) concentrations will require large-scale transformations in human societies, from the way that we produce and consume energy to how we use the land surface. A natural question in this context is what will be the .transformation pathway. towards stabilization; that is, how do we get from here to there? The topic of this chapter is transformation pathways. The chapter is primarily motivated by three questions. First, what are the near-term and future choices that define transformation pathways, including the goal itself, the emissions pathway to the goal, technologies used for and sectors contributing to mitigation, the nature of international coordination, and mitigation policies? Second, what are the key characteristics of different transformation pathways, including the rates of emissions reductions and deployment of low-carbon energy, the magnitude and timing of aggregate economic costs, and the implications for other policy objectives such as those generally associated with sustainable development? Third, how will actions taken today influence the options that might be available in the future? As part of the assessment in this chapter, data from over 1000 new scenarios published since the IPCC Fourth Assessment Report (AR4) were collected from integrated modelling research groups, many from large-scale model intercomparison studies. In comparison to AR4, new scenarios, both in this AR5 dataset and more broadly in the literature assessed in this chapter, consider more ambitious concentration goals, a wider range of assumptions about technology, and more possibilities for delays in additional global mitigation beyond that of today and fragmented international action
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