The Impact of Colonialism on 19th and Early 20th Century China

This essay attempts to critically analyze the overall impact of colonialism on 19th and early 20th century China. Analysis has been done primarily in the context of modernization theory and world-systems theory in order to get the contrasting views at two extreme levels. In addition, the liberal market approach has also been used to balance the two extremes. It has been noted that several positive influences of colonialism on the Chinese economy and society remained limited within a small area only. Contrarily, the most devastating impact of colonialism had been on the Qing state. The forceful imperialist invasion dealt a major blow to its overall capacity to lead China as a united nation towards prosperity. In summary, this essay argues in favor of an overarching negative impact of colonialism on China

Effectiveness of the Chinese Communist Party’s Anti-corruption Institutions and Policies: A Critical Review

The intensity of corruption in China has been progressively high since the 1980s. This seriously undermines the overall effectiveness of Chinese anti-corruption institutions and policies. This article argues that the existing anti-corruption measures in China have not been working properly to eliminate or even contain the problem at an acceptable level. It seems that something has been holding it back somewhere. This article argues that China badly needs, inter alia, a sincere demonstration of ‘political will’ from the top coupled with the introduction of ‘rule of law’ in the country. Without these two important elements, it will probably be quite difficult for China to achieve an effective anti-corruption mechanism

China’s Current Role in Global Economic Governance: Pushing for Gradual Changes by Remaining within the System

Once the alienated economy, China is now well integrated with the rest of the world. The country recognizes the growing importance of global economic governance. In fact, it is now almost impossible to ensure effective and meaningful global economic governance without ensuring China’s active participation. This article critically evaluates Chinese views of global economic governance and then tries to ascertain how the country has been participating in the process. The article argues that domestic development priorities play very important role in shaping China’s global behavior pattern. It further argues that be it in the G20, in multilateral financial institutions or in the WTO, China has been following the prudent strategy of remaining within the system in order to influence gradual changes in global economic governance. It does not want to follow its strategy of alienation any more like it did earlier, between the 1950s and late 1970s

China's outward foreign direct investment to Bangladesh: Perspectives of the host country stakeholders

For Chinese FDI enterprises in Bangladesh, the business community has emerged as a “dangerous stakeholder” group, while both the labor community and policymakers have emerged as “dominant stakeholder” groups under the broad class of expectant stakeholders. In many countries, there have been critical reactions to the emergence of Chinese multinationals as foreign investors

How successfully China has applied the OECD principles of corporate governance: a critical assessment

This paper attempts to critically analyze how successful China has been in applying the OECD principles of corporate governance. In doing so, assessment has been made in light of the six core issues of the OECD principles. A satisfactory level of progress has been noted in China’s legal and regulatory framework since the 1990s. New laws, regulations, and rules have been enacted, existing ones have been amended, and all the required institutions have been built accordingly in order to ensure good corporate governance practices in the country. However, there are still bottlenecks in terms of the enforcement of these laws, regulations, and rules mainly due to the various structural limitations in the Chinese administration and judiciary. The paper argues that China should now move forward with an accelerated enforcement agenda in the area of corporate governance in order to make China Inc. more competitive and sustainabl