China Update 2014

Greetings from the Australian National University in Canberra, where Mr Xue Bing, Chargé d’affaires of the Chinese Embassy is launching the book "Deepening Reform for China’s Long-term Growth and Development" (Edited by Ligang Song, Ross Garnaut and Cai Fang). This is the latest book in the ANU Press "China Update series". The Chargé described the developments on the Chinese economy and the close links with Australia.

The next speaker was Andrew Harding, Chief executive, Iron Ore at Rio Tinto (who sponsor the China Update at ANU). Mr Harding emphasised the need for reform of China's economy and combating vested interests. While he did not say it directly, Mr. Harding was clearly arguing for the rule of law in China.

The last speaker was Professor Yang Yao, Dean, National School of Development, Peking University. I was surprised to hear Professor Yao argue in favour of shadow banking, which in recent times has come in for criticism.He mentioned internet banking as one innovation introduced recently for small shops to use.He also mentioned that Alibaba has a fully automated application for making small loans.

What was not mentioned by any speaker (and not mentioned in new book) was the growing tension between China and its neighbours over territorial disputes in the East China Sea and South China Sea.

This is the latest book in the ANU Press "China Update series":

Deepening Reform for China's Long-term Growth and Development

Edited by Ligang Song, Ross Garnaut and Cai Fang
Published July 2014.
ISBN 9781925021769 (Print version) $50.00 (GST inclusive)
ISBN 9781925021776 (Online)

Rebalancing and Sustaining Growth in China (Chinese version)

Huw Mckay and 宋立刚 主编
Published November 2013.
ISBN 9787509743805 (Print version)

China: A New Model for Growth and Development

Edited by Ross Garnaut, Cai Fang and Ligang Song
Published July 2013.
ISBN 9781921666483 (Print version) $50.00 (GST inclusive)
ISBN 9781921666490 (Online)

Rebalancing and Sustaining Growth in China

Edited by Huw McKay and Ligang Song
Published July 2012.
ISBN 9781921862793 (Print version) $50.00 (GST inclusive)
ISBN 9781921862809 (Online)

Rising China: Global Challenges and Opportunities (Chinese version)

Edited by Jane Golley and Ligang Song
Published May 2012.
ISBN 9787509732328 (Print version)

Rising China: Global Challenges and Opportunities

Edited by Jane Golley and Ligang Song
Published June 2011.
ISBN 9781921862281 (Print version) $50.00 (GST inclusive)
ISBN 9781921862298 (Online)

China: The Next Twenty Years of Reform and Development (Chinese version)

Edited by Ross Garnaut, Jane Golley and Ligang Song
Published June 2011.
ISBN 9787509719398 (Print version)

China: The Next Twenty Years of Reform and Development

Edited by Ross Garnaut, Jane Golley and Ligang Song
Published July 2010.
ISBN 9781921666285 (Print version) $50.00 (GST inclusive)
ISBN 9781921666292 (Online)

China’s New Place in a World in Crisis (Chinese version)

Edited by Ross Garnaut, Ligang Song and Wing Thye Woo
Published June 2010.
ISBN 9787509713433 (Print version)

China's New Place in a World in Crisis

Edited by Ross Garnaut, Ligang Song and Wing Thye Woo
Published July 2009.
ISBN 9781921536960 (Print version) $50.00 (GST inclusive)
ISBN 9781921536977 (Online)

China's Dilemma

Edited by Ligang Song and Wing Thye Woo
Published July 2008.
ISBN 9780731538195 (Print version) $50.00 (GST inclusive)
ISBN 9781921536038 (Online)

China - Linking Markets for Growth

Edited by Ligang Song and Ross Garnaut
Published August 2007.
ISBN 9780731538133 (Print version) $50.00 (GST inclusive)
ISBN 9781921313387 (Online)