The effect of China＇s rapid development on Sino-US relations and the existing international order is an important theoretical issue in current international relations research. We use empirical research methods to ex...The effect of China＇s rapid development on Sino-US relations and the existing international order is an important theoretical issue in current international relations research. We use empirical research methods to explore whether and how China has influenced the results of US ＂vote-buying＂ in the United Nations General Assembly （UNGA） through foreign aid. We find that through the mechanisms of foreign policy preferences, vulnerability and credibility, Chinese foreign aid has decreased US manipulation of UNGA voting. However, this is not a subjective strategic choice on China＇s part but the objective result of Chinese economic development. Taking the game of Sino-US foreign aid in international politics as the entry point and squarely facing the structural contradictions and competition that exist between China and the US will help us understand not only the problems and obstacles China will encounter on its future developmental path, but also the necessity and difficulty of risk control in Sino-US relations.展开更多
On January 6, 2003, CITIC Securities Co., Ltd. （CITICS hereafter） issued A-shares in the Shanghai Stock Exchange to become the first public listed securities company through IPO in China. CITICS＇s net capital rose ...On January 6, 2003, CITIC Securities Co., Ltd. （CITICS hereafter） issued A-shares in the Shanghai Stock Exchange to become the first public listed securities company through IPO in China. CITICS＇s net capital rose to about 5 billion yuan, much higher than any other competitor. This teaching case aims to demonstrate how a company gains first-mover advantage as being the first company to go public in an industry, how its competitors respond by changing their strategies after the IPO, and consequently, how a series of relevant events influence the competition. This case offers important implications for understanding the competitive dynamics of a securities company in China.展开更多
文摘The effect of China＇s rapid development on Sino-US relations and the existing international order is an important theoretical issue in current international relations research. We use empirical research methods to explore whether and how China has influenced the results of US ＂vote-buying＂ in the United Nations General Assembly （UNGA） through foreign aid. We find that through the mechanisms of foreign policy preferences, vulnerability and credibility, Chinese foreign aid has decreased US manipulation of UNGA voting. However, this is not a subjective strategic choice on China＇s part but the objective result of Chinese economic development. Taking the game of Sino-US foreign aid in international politics as the entry point and squarely facing the structural contradictions and competition that exist between China and the US will help us understand not only the problems and obstacles China will encounter on its future developmental path, but also the necessity and difficulty of risk control in Sino-US relations.
基金Acknowledgements This work is supported by the National Natural Science Foundation of China （No. 71072004）.
文摘On January 6, 2003, CITIC Securities Co., Ltd. （CITICS hereafter） issued A-shares in the Shanghai Stock Exchange to become the first public listed securities company through IPO in China. CITICS＇s net capital rose to about 5 billion yuan, much higher than any other competitor. This teaching case aims to demonstrate how a company gains first-mover advantage as being the first company to go public in an industry, how its competitors respond by changing their strategies after the IPO, and consequently, how a series of relevant events influence the competition. This case offers important implications for understanding the competitive dynamics of a securities company in China.
