Thesis (MBA)--Stellenbosch University, 2005. / ENGLISH ABSTRACT: China has experienced phenomenal economic growth over the past 20 years and has developed from a pure socialist economy into a market driven economy_ However the transfonnation process is not yet complete. China has a pegged currency system (this was the case up until 2110712005) that is coupled to the US dollar. The result of this was that their currency fluctuated much less than other developing country currencies and hence became a very attractive investment destination. In addition to this labour in China is very cheap and access to economies of scale is available. But despite the many positive aspects of the Chinese economy there are also a number of elements that have very negative consequences for the economy and need to be addressed if China wishes to create prosperity for all its citizens. The value of the yuan has been a topic of great contention, and there are very different opinions as to what the currency value should be. After careful consideration of the various options available to China it was assessed that it would be highly detrimental for China to suddenly free float its currency. However it is essential for China to gradually liberate their monetary system so as to create more monetary autonomy. To ensure that liberalization is done in an orderly and non~djsruptjve way, it is important that China refonns other aspects of its economy (such as its banking system, its unprofitable state owned enterprises, its need for energy, income inequality, the protection of intellectual property, its legal system, worker rights and growing unemployment). South Africa, as an emerging economy, also faces a number of challenges to create more opportunities for its people (of whom many are still living in poverty). Obstacles to economic growth include the effects of HN and AIDS, low productivity, discrepancy between the available and the needed skills, unemployment, crime and so forth. A number of positive aspects also exist that need to be harnessed more creatively to ensure that South Africans reap the rewards of sustained economic development. However, it is important that all the people in the economy (i.e. government, business, communities and NGOs) work together to create a positive business environment. / AFRIKAANSE OPSOMMING: China het indrukwekkende ekonomiese groei oor die afgelope 20 jaar ervaar en het ontwikkel van 'n sosiale ekonomie tot 'n markgedrewe ekonomie. Die transforrnasie proses is egter nog nie voltooi nie. China het 'n gekoppelde geldeenheid (dit was die geval tot en met 21107/2005) wat aan die Amerikaanse dollar gekoppel was. Die resultaat was dat hulle geldeenheid minder gefluktueer het as ander ontwikkelende ekonomiee, en China het dus 'n gesogte beleggingsoord geword. Daarmee saam is die koste van arbeid in China baie goedkoop en kan daar van skaalvoordele gebruik gemaak word. Maar ten spyte van die positiewe aspekte. is daar ook 'n aantal elemente wat baie negatiewe gevolge vir die ekonomie inhou en wat aangespreek moet word as China voorspoed vir al sy landsburgers wil verseker. Die waarde van die Chinese yuan is die afgelope paar jaar 'n onderwerp van omstredenheid gewees wat baie verskillende opinies oor die werklike waarde van die eenheid tot gevolg gehad het. Na die oorweging van die verskeie opsies wat beskikbaar is vir China, is bevind dat 'n skielike vrystelling van die yuan baie negatiewe effekte op die ekonomie sal hê. Maar dit is belangrik dat China weI hul geldeenheid geleidelik liberaliseer sodat die regering meer outonomiteit kan hê (in terme van monetere besluitneming). Om te verseker dat die liberalisering op 'n ordelike en nie-ontwrigtende manier sal plaasvind nie, is dit belangrik dat daar ook liberalisering plaasvind in ander areas van die ekonomie (soos die bankstelsel, die nie-winsgewende staatsbeheerde besighede, die gebruik van energie, inkomste ongelykheid, die beskenning van intellektuele eiendom, die regstelsel, werkersregte en die groeiende werkloosheid). Suid-Afrika, as 'n ontluikende ekonomie, het ook 'n aantal uitdagings wat oorkorn moet word indien volhoubare ekonomiese groei behaal wil word. Hindemisse tot ekonomiese groei sluit in MIV en VIGS, lae produktiwiteit, die wanverhouding tussen benodigde en beskikbare vaardighede, werkloosheid, misdaad en ander sosiale probleme. Daarteenoor is daar wel baie positiewe aspekte wat meer effektief benut moet word om groei te dryf. Dit is ook baie belangrik dat al die kernpelers in die ekonomie hul kant bring (dus die regering, georganiseerde besigheid, werkers, werkloses en gemeenskapsorganisasies).

Thesis (MA (Political Science ))--University of Stellenbosch, 2006. / The accession of the China to the World Trade Organization represents one of the most significant political-economic events since the close of the Cold War. China’s distinctive political and socio-economic history has made its process of accession unlike that of any other member-nation of the WTO. This study aims to answer the questions of how and to what extent has China complied with its WTO commitments that apply to the life insurance sector. In order to answer these questions, this study employs the qualitative method of evaluation of describing China’s post-accession behavior then comparing that behavior to the liberalization commitments contained in China’s accession protocol and its service schedule. Upon examination of the evidence, it appears that China has been partially compliant with the WTO-related commitments in the life insurance sector. China’s compliance with market access commitments in area of ownership structure exhibits a compromise between the interests of other WTO members. China’s liberalization of geographic restrictions shows that China’s interest in even development of its insurance market also figures into its decision to comply. China’s compliance with commitments regarding licensing, however, appears to show a maneuvering around obligations in order to protect the domestic life insurance industry. While rational functionalist approaches are more helpful in explaining China’s compliance behavior in regards to market access commitments, constructivist normative approaches are more in explaining China’s compliance behavior in regards to its general commitments. Compliance behavior with regard to transparency-related commitments in the life insurance sector reflects socialization or an adjustment to the WTO-norm of transparency. Compliance behavior in with regard to judicial review-related commitments in the life insurance sector reflects an adjustment to the WTO-norm in policy, but this norm is rarely observed in practice. In sum, China’s compliance behavior in regards to commitments in the life insurance sector has generally been compliant with few exceptions. However, all judgments on compliance are generally subject because they reflect the interests of the parties involved. The true test of China’s compliance will begin after full accession in 2007, when WTO members are allowed to files cases against China in the WTO dispute resolution panel.

University of Macau / Faculty of Business Administration / Department of Finance and Business Economics

University of Macau / Faculty of Social Sciences and Humanities / Department of Government and Public Administration

University of Macau / Faculty of Business Administration / Department of Finance and Business Economics

University of Macau / Faculty of Social Sciences and Humanities / Department of Government and Public Administration

China’s economy has been experiencing high growth since 1979. The growth of China’s economy is attributed to the growth in its international trade. China’s economic growth affects trade growth of other nations because of the combination of its huge size, rapid growth and openness. This study investigates the direct effect of China’s growth on its imports from South Africa. / Economics / M. Com. (Economics)

This thesis investigates the capacity of the newly introduced Chinese Special Economic Zones in Africa (CSEZAs) to deliver ‘cooperation' and ‘mutual development' to China and Africa. Referring to existing scholarship on other forms of liberal spatial economics, it addresses the conceptual, methodological and theoretical void in which the subject of CSEZAs evolves in academia. As extensive global interactive processes are identified in the schema of the CSEZA, this thesis advocates Andre Gunder Frank's Dependency Theory as the appropriate prism through which to explicate the new zone format. Empirical data about the seven CSEZAs outline the problematic and development-conducive aspects of the zone model. It is argued here that the failure to customise the SEZ model to the African context is what corrodes the developmental prospects of the CSEZAs. The Mauritius JinFei Economic and Trade Cooperation Zone is taken as an example of a problematic CSEZA. A detailed analysis of the Mauritian case allows a visualisation of the respective role of China and the African state in the CSEZA context. As the exploitative and non-developmental nature of the CSEZA model (in its current form), is established, this thesis concludes that the CSEZA gives a new interpretation to the traditional practice of dependency. This new version, nonetheless, exacerbates the dialectic development-underdevelopment processes integral to the global capitalist economy.

MA (Political Science) / Department of Development Studies / The 21st century has witnessed intensified ties between China and South Africa both bilaterally and multilaterally under BRICS. South Africa-China relations have been amplified by the quest to strengthen South-South cooperation as opposed to depending on the West for everything. In this research the focus is on examining the political and economic relations between South Africa and China. The sustainability of the China-South Africa engagement in the areas of economy and politics will be examined. Since South Africa is the weaker partner economically in her relationship with China, will the relationship leave South Africa disadvantaged or will the South African economy benefit from the bilateral relations? On the political level, China’s policy on Tibet and the One-China policy may have a bearing on South Africa’s image in the world. The research is designed to explore the political and economic dimensions of the relationship. The study derives insights from the interdependence theory which argues that we live in a world of interdependence which has altered the concept of power which is at the heart of the realist theory. Interdependence is also defined as mutual dependence among nations and reciprocal effects among states. The study utilizes a qualitative approach where desk research involving primary and secondary sources are used. Fundamentally the study argues that the relationship is mutually beneficial albeit unequal. China is a major power with the second largest economy in the world and South Africa is a regional power with a stagnating economy. China needs South Africa in her Africa strategy due to the fact that South Africa boasts the largest and most advanced economy on the African continent and this makes the country a convenient doorway into Africa. South Africa on the other hand needs Chinese Foreign Direct Investment and trade to speed up growth and grow the black middle class which was disadvantaged during the apartheid years. In 2015 the two countries signed 26 agreements worth 94 billion rand when the Chinese President Xi Jinping paid an official visit to South Africa which will be mutually beneficial to both parties.