The paper deals with the rapid growing twin surpluses and surging foreign exchange reserves in China’s international accounts withessed in recent years.It observes the characteristics of the phenomenon against the st...The paper deals with the rapid growing twin surpluses and surging foreign exchange reserves in China’s international accounts withessed in recent years.It observes the characteristics of the phenomenon against the standard economic theory and empirical experiences.Then it offers explanation factors:the combined effects of processing trade and foreign direct investments,China’s opening development model underpinned by the intra-product specialization of the contemporary globalization era,and the undervalued exchange rate for the Chinese currency.展开更多
We conducted an inductive analysis of corporate social responsibility (CSR) in China based on an open-ended survey of 630 CEOs and business owners in 12 provinces and municipalities across China. In the survey, we col...We conducted an inductive analysis of corporate social responsibility (CSR) in China based on an open-ended survey of 630 CEOs and business owners in 12 provinces and municipalities across China. In the survey, we collected 2811 CSR sample scenarios. After examining the quantitative data thus acquired, we identified 9 dimensions of CSR, including two dimensions never mentioned in western literature and another 2 dimensions generally recognized in western countries but not yet taking shape in China. A comparative study of CSR between China and western countries also unveiled some unique dimensions of CSR in China.In conclusion, CSR has been manifested in China in a form different from that in western countries, and China's CSR is closely related to the social and cultural background of China.展开更多
文摘The paper deals with the rapid growing twin surpluses and surging foreign exchange reserves in China’s international accounts withessed in recent years.It observes the characteristics of the phenomenon against the standard economic theory and empirical experiences.Then it offers explanation factors:the combined effects of processing trade and foreign direct investments,China’s opening development model underpinned by the intra-product specialization of the contemporary globalization era,and the undervalued exchange rate for the Chinese currency.
文摘We conducted an inductive analysis of corporate social responsibility (CSR) in China based on an open-ended survey of 630 CEOs and business owners in 12 provinces and municipalities across China. In the survey, we collected 2811 CSR sample scenarios. After examining the quantitative data thus acquired, we identified 9 dimensions of CSR, including two dimensions never mentioned in western literature and another 2 dimensions generally recognized in western countries but not yet taking shape in China. A comparative study of CSR between China and western countries also unveiled some unique dimensions of CSR in China.In conclusion, CSR has been manifested in China in a form different from that in western countries, and China's CSR is closely related to the social and cultural background of China.
