How Long to Read Subsidies to Chinese Industry

How Long Does it Take to Read Subsidies to Chinese Industry?

It takes the average reader 3 hours and 55 minutes to read Subsidies to Chinese Industry by Usha C. V. Haley

Assuming a reading speed of 250 words per minute. Learn more

Description

How did China move swiftly in capital-intensive industries without labor-cost or scale advantage from bit player to largest manufacturer and exporter? This book argues that industrial subsidies contributed significantly. Economic theories have portrayed subsidies as distortive, inefficiently reallocating resources according to non-market criteria. However, China's state-capitalist regime uses subsidies to promote the governments' and the Communist Party of China's interests. Rather than aberrations, subsidies help Chinese businesses, central and provincial governments produce, stabilize and create common understandings of markets. Concepts of state capitalism include market-transition theory, the multi-organizational Chinese state, and state as paramount shareholder. The authors measure subsidies using publicly-reported data at firm and industry levels from governmental and private sources. Subsidies include free to low-cost loans, subsidies to energy (coal, electricity, natural gas, heavy oil) and to key inputs, land and technology. Four sequential studies identify the growth and effects of subsidies to Chinese manufacturing over time: steel (2000-2007), glass (2004-2008), paper (2002-2009) and auto parts (2001-2011). Subsidies to Chinese industry affect and are affected by business strategy and trade policy. Business strategies include lobbying for subsidies and protection from subsidized foreign competitors, and managing supply chains to guard against whiplash effects of uncoordinated subsidies. The solar industry highlights how decisions on production location and technology development respond to production or consumption subsidies and include market (competitive) and non-market (political) strategies. The book also covers government policies and regulation on subsidies broadly focusing on domestic consumption (antidumping and countervailing duties) and domestic production (indigenous innovation).

How long is Subsidies to Chinese Industry?

Subsidies to Chinese Industry by Usha C. V. Haley is 233 pages long, and a total of 58,949 words.

This makes it 79% the length of the average book. It also has 72% more words than the average book.

How Long Does it Take to Read Subsidies to Chinese Industry Aloud?

The average oral reading speed is 183 words per minute. This means it takes 5 hours and 22 minutes to read Subsidies to Chinese Industry aloud.

What Reading Level is Subsidies to Chinese Industry?

Subsidies to Chinese Industry is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Subsidies to Chinese Industry?

Subsidies to Chinese Industry by Usha C. V. Haley is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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