Reports from IAAP webinar

ARCID China Update, 2019

An issue of January-June 2019

ARCID China Update, 2018

ARCID China Update, 2018

ARCID China Update is a journal under the China Watch Project of Asian Research Center for International Development (ARCID), School of Social Innovation, Mae Fah Luang University, compiling by me. This journal aims to provide news and update information on China and the Mekong Region relations. It includes the chronology of news. It also provides selected documentation related to China and the Mekong Region and selected analysis which show some interesting views from analysts.

Pyrex Journal of Political Science and International Relations, 2017

China’s OBOR has been presented as China’s leading and very ambitious development project for the next four decades. Some see in it the Chinese Marshall Plan aiming to integrate China in its environment and accommodate the policies of the East Asian countries into Beijing’s own ambitions and priorities. China has the financial resources, the institutional frameworks such as the AIIB, the will and the power to make it work. The megaproject comes at a time of America’s retreat from East Asian initiatives like the TPP and downgrade of the security and defence alliances that the U.S. maintains with several Asian nations. The initiative was received initially with reservations from Russia, a major Eurasian power, and as a security challenge in Russia’s backyard. But the very special “momentum” in Putin-Xi relationship seems to reunite Russia-China divergent interests. If this megaproject succeeds what will be the long-term consequences for the international order, as we know it?

Series 392, 2016. xvi, 398 pp. Hardcover $59.95, ISBN 978-0-674-73719-8.

2016

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Asia Europe Journal , , 2013

It is widely known that Chinese transition to a market economy was influenced by the newly industrialized Asian countries—Malaysia, Taiwan, and Hong Kong—but it is not as much evident that Chinese reform was also influenced by the economic reforms of Hungary. Hungary started market-oriented reforms in the late 1960s by introducing market-orientated measures in agriculture, in manufacturing, in retail trade, and in finances, which made Hungarian economy more flexible and efficient than other European socialist countries. It could be shown that the first market-oriented reform measures applied in China during the 1980s and 1990s have large similarities to the Hungarian reform introduced earlier. In that respect, we can say that Chinese economic reform has adapted lots of elements of the early Hungarian economic reform. At the same time, Hungarian reforms have died away, but after the “lost decade of the 1980s,” there was an extremely rapid transition to a market economy, which—in spite of the seemingly successful beginning—could not contribute to a long-term and healthy economic development. Meanwhile, in China, economic reform was rather successful, resulting in an unprecedented economic development at the end of the twentieth century. Authors of the present article analyze similarities of the Hungarian and Chinese reforms and try to explain the causes of the Hungarian failure and the Chinese success. “Let China Sleep, for when the Dragon awakes, she will shake the world.” The saying is attributed to Napoleon and he seems to have been right. Now that China has reversed the process of globalization and has become the winner, we should resignedly accept that China is wide awake. The country's economy has followed a rapid growth path thus China's economic dominance is felt in the entire Far East; moreover, the country with the highest population in the world the country is taking steps to emerge as a world power. The dragon is awake, and she is not going to take a great leap forward but instead, it is now on the long march. In lieu of her specific tools, China is about to win: she is already one of the winners, if not the only winner of globalization.

2014

Overall, the project implementation progress is on track and rated satisfactorily. Over the last reporting period, 5 subprojects were approved by MOF, these were the last batch of subprojects to be implemented for TCC5 project before its closure in June 30, 2015. The selected subprojects indicates the PDO continues to be relevant as they address key reform issues on aging, fiscal and public expenditure reforms as well as China's integration into the world government procurement agreement. The project has continued to make achievements toward development objectives and has shown good outcomes from some subprojects. These include: i) recommendations from one subproject have been adopted to integrate the country's rural-urban pension schemes; ii) policy advice has pushed forward the agenda of implementing medium-term budget framework, the studies has also sparked debates and attracted MOF leadership's attention for the 3-year rolling budget program initiative; iii) introducing and applying electronic map in the country's third economic census; iv) the overseas training program for selected talents, focusing on innovation, was well planned and launched. The status of loan commitments indicated that USD 19.63 million has been allocated, accounting for 98% of the total loan. So far, 46 subprojects have been delivered and 13 subprojects are underway. On disbursement status, the cumulative loan disbursed is USD 13.78 million per Bank's system as of now. It indicates that reimbursement claims will reach to a highest level of USD 6.22 million in the coming 12 months. Post evaluation of the completed subprojects is in progress, the consultants have completed all desk work and design of questionnaires and organization of field work, and the field work is being carried out. The first draft report is expected in early August.

One Belt One Road (OBOR) is a huge worldwide project of China initiated by President Xi Jinping in 2013. This is directly related to the China's dream of " Community of Common Destiny ". It can be considered as the continuation of reform and opening up policy of paramount leader Deng Xiao Ping. Deng's policy was related to the import of technology and education for the rapid economic development of China whereas the OBOR is related to the export of Chinese technology, investment, and the industries, abroad. This paper mainly deals with the history of Silk Route, China's dream, goal of OBOR, possibility and challenges of OBOR, need of revision, and ambition and reality about the OBOR.