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ISBN: 0815759983Издательство: Brookings Institution Press
As the British relinquish control of Hong Kong, the economic relationship among the People's Republic of China (PRC), Taiwan, and Hong Kong becomes especially significant. Despite political and diplomatic tensions, this relationship has grown phenomenally in recent years and continues to prosper. Known as the "China Circle," it is an important emerging economic region that cuts across political boundaries. This book is the first comprehensive study of the underlying economic dynamics that make the China Circle not only possible, but hugely successful. Yun-wing Sung, Barry Naughton, and Kong Yam Tan analyze the macroeconomic issues in each of the political entities that make up the China Circle. Michael Borrus, Chin Chung, Jean Franois Huchet, and Dieter Ernst focus one of the region's leading industries, electronics. With rapid changes in technology, firm strategy, and global markets driving its continuous restructuring, the electronics industry offers a detailed...