Foreign China Research Articles

A Sociological Study into the Impact of Capital on Moss Roberts’ Translation—<i>Three Kingdoms: A Historical Novel</i>

The study of translation has undergone a shift from language-level analysis to a cultural turn and, subsequently, a return to a more macroscopic social perspective. As social research in translation primarily targets external factors, it falls under centrifugal research in translation studies. To sustain the vitality of translation studies, there is a need for a balanced approach, combining centrifugal research with centripetal research. Moss Roberts’ translation of <i>San Guo Yan Yi</i> is initiated by China Foreign Language Press and co-published by China and the US presses in 1991. It is considered the most academic complete English version of <i>San Guo Yan Yi</i>. Drawing on the social practice theory of French sociologist Pierre Bourdieu, this study analyzes Moss Roberts’ translation practices of and the influence of capital in the English translation and dissemination field. It attempts a micro-level and reverse study of sociological aspects of translation by examining three key aspects: the influence of cultural capital, the impact of social capital, and the manipulation of power capital. The results showed that Moss Roberts’ translation practices are deeply influenced by his cultural, social and power capital. Among them, his cultural capital enables the translation to be academic; his social capital empowers it to be accurate and faithful; and his power capital manipulates it where religious information arises.

China's Foreign Exchange Market: Research on Problems and Countermeasures

The foreign exchange derivative market plays a vital role in the global economy. As one of the world's largest economies, China has already recognized the significance of establishing a well-regulated foreign exchange market. However, the Chinese foreign exchange market still faces several challenges. There are four main challenges: regional disparities in development, low level of diversification, high market risks, and inadequate regulation. These issues should draw public’s further attention and get resolution. This paper aims to analyze the four problems above in China's foreign exchange derivatives market and propose feasible solutions, including alleviating the imbalance problem, strengthening market diversification, reducing information asymmetry and strengthening the government supervision, which help to address the identified problems. The research findings are also helpful for some market participants and policymakers to understand the shortcomings of China's foreign exchange derivatives market better, and thus designate more rigorous trading strategies and improve the environment for China's foreign exchange derivatives market.

Problems and Countermeasures of China's Foreign Exchange Derivatives Market

China's foreign exchange derivatives market continues to develop, but some problems remain. This essay predominantly analyzes the shortcomings in China's foreign exchange derivatives market and proposes corresponding countermeasures. This essay mainly focuses on the following four issues in China's foreign exchange derivatives market. They are trading scale and liquidity problems, insufficient product innovation, market participant structure problems, and insufficient market trust and risk awareness. Four corresponding countermeasures are proposed, which are proposed from four angles: appropriately lowering the threshold for foreign exchange derivatives business of small and medium-sized financial institutions, promoting innovation of market derivatives, strengthening market diversification, and foreign exchange derivatives supervision. This article aims to analyze China's derivatives market from multiple angles and put forward appropriate suggestions for optimizing China's foreign exchange derivatives market structure.

China's Foreign Investment Law and TRIMs Agreement: Conflicts, Amendments, and Applications

This article explores the developmental trajectory of China's Foreign Investment Law and its consistency issues with the WTO TRIMs Agreement. Covering four developmental stages from 1979 to 2020, it provides a detailed account of the evolution and amendments of China's legal framework on foreign investment. The article identifies inconsistencies in national treatment, elimination of quantitative restrictions, and transparency principles, analyzing adjustments and revisions made across these stages to align with international trade environments and WTO requirements. Despite significant progress, the article highlights areas for further improvement, such as the implementation of national treatment principles and resolution of transparency issues.

China's Foreign Investment Law and TRIMs Agreement: Conflicts, Amendments, and Applications

This article explores the developmental trajectory of China's Foreign Investment Law and its consistency issues with the WTO TRIMs Agreement. Covering four developmental stages from 1979 to 2020, it provides a detailed account of the evolution and amendments of China's legal framework on foreign investment. The article identifies inconsistencies in national treatment, elimination of quantitative restrictions, and transparency principles, analyzing adjustments and revisions made across these stages to align with international trade environments and WTO requirements. Despite significant progress, the article highlights areas for further improvement, such as the implementation of national treatment principles and resolution of transparency issues.

Research on the Problems and Solutions of China's Foreign Exchange Market

Research on the Problems and Solutions of China's Foreign Exchange Market

Analysis of the Current Situation, Problems and Countermeasures of China's Foreign Exchange Market

Analysis of the Current Situation, Problems and Countermeasures of China's Foreign Exchange Market

Political Framing in China's Foreign Relations Law: International Law and ‘Fundamental Norms Governing International Relations’

The 2023 ‘Law on Foreign Relations of the People's Republic of China’ (FRL) represents China's most comprehensive attempt to date to articulate a legal framework for its international engagement. The stated purpose of the FRL is foremost functional, setting up a legal architecture for foreign policy, yet also serves diplomatic functions of explaining China's vision for international legal and political order. The following comments are concerned with this latter objective and the reception of the FRL by a global audience, including how it fits into existing discourses about the future of international law. Here, advocacy of alternative ‘political frames’ for international law emerges as a principal form of contestation, with China consistently claiming that Western invocations of the ‘rules-based order’ derogate from international law. Yet the FRL contains corresponding forms of political framing, in which the drafters cite ‘international law’ exclusively when paired with the concept of ‘fundamental norms governing international relations’. Interdependency between the terms suggests that the political commitment is increasingly necessary to understand China's interpretation of international legal norms in contentious cases. Comparative analysis emphasises the need for transnational dialogue, to promote better understanding of how emergent political frames are constructing competing meanings of international legal order.

Current Situation, Problems and Countermeasures Analysis of China's Foreign Exchange Market

China, as the second-largest economy in the world, plays a vital role in the development of FX market. In recent years, China's FX market has been expanding continuously, liquidity has been enhanced, and the exchange rate mechanism has been perfected. However, there are still some problems in the market, such as preventing and controlling the market risk, the irrational structure of participants, and so on. To solve these problems, it is necessary to deepen the opening-up of the financial market, perfect the mechanism of the formation of the exchange rate, enhance the risk prevention and control, optimize the structure of the market participants, and enhance the infrastructure of the foreign exchange market. Therefore, the study of this thesis is of great importance, and it can offer some help to the problems which should be resolved in FX market. This article will analyse the current situation of Chinese FX market, the four existing problems and the corresponding countermeasures. This article discusses some problems in the foreign exchange market: China's FX market has been severely influenced by the increase of interest rate, while China has been in a disadvantageous position in the field of FX operations, the size of assets and the establishment of institutions. The types of FX derivatives in China are less, and the participants in the FX market are unitary, and the investors' acceptance is low.

An Overview of Study of Foreigners in China during the 40 Years of Reforms Period (1978–2018)

This article examines the processes of Study of foreigners in China during the period from 1978 to 2018 historically and comparatively. The achievements of Study of foreigners in China during this time mainly manifested in four aspects, with four weaknesses present. The major characteristics of Study of foreigners in China are shown in the overall scale, degree education and the number of self-funded students. The review of the policy documents related to Study of foreigners in China during the 40 years especially help to better understand the development of Study of foreigners in China. The resulting conclusion of this study shows that it is necessary to upgrade the quality and efficiency of Study of foreigners in China for better competitiveness of Chinese education in the world.

China's Foreign State Immunity Law: A View from the United States

On September 1, 2023, the Standing Committee of the National People's Congress promulgated the Foreign State Immunity Law (FSIL) of the People's Republic of China, which adopts the restrictive theory of foreign state immunity. This article has two goals. First, the article introduces China's FSIL to English language readers by explaining its provisions in some detail. Second, the article provides a U.S. perspective on the FSIL by comparing it to the U.S. Foreign Sovereign Immunities Act (FSIA) and discussing the U.S. experience with foreign state immunity.

Conceptualising State-Centric Mediation: An Analysis of China's Foreign Investment Complaints Mechanism – ERRATUM

Conceptualising State-Centric Mediation: An Analysis of China's Foreign Investment Complaints Mechanism – ERRATUM

Research on the Modernization of China Foreign Commercial Arbitration: From the Perspective of Building an International Commercial Arbitration Center

Under the background of social change and the great development of "Belt and Road" policy, China's international commercial arbitration is facing a higher level of development needs. In order to solve the existing problems, draw on the experience of the world's advanced international arbitration centers, improve the concept of arbitration, and improve the level of arbitration services, China should take the goal of building a China international commercial arbitration center comparable to the world-class level, and constantly explore the development path of arbitration. This paper analyzes the present situation and trend of international commercial arbitration in China, discusses the connotation and value of China international commercial arbitration center, put forward from government relations, institutional development, system architecture, modernization can assign four aspects to improve the arbitration center construction scheme, and innovatively put forward the horizontal and vertical two lines and special assigned to the development of the framework. Accordingly, China's international commercial arbitration system should be continuously improved, the credibility and discourse power of China's international commercial arbitration should be enhanced, and China should build an international arbitration brand with Chinese characteristics.

Conceptualising State-Centric Mediation: An Analysis of China's Foreign Investment Complaints Mechanism

AbstractThis article argues that China's foreign investor complaints system constitutes ‘state-centric investment mediation’. The Rules on Handling Complaints of Foreign-Invested Enterprises, which entered into force on 1 October 2020, place a state agency in the position of facilitating negotiations between a foreign investor and the agency being complained against. The prospects for this complaints system depend on how the state-as-mediator dynamic is perceived by foreign investors. To this end, it will be argued that settlement agreements reached pursuant to this system may be enforceable under the Singapore Convention on Mediation in certain circumstances. Investors and government entities operating similar systems worldwide should be cognisant of the broad drafting terminology of the Singapore Convention. Moreover, it is proposed that further clarification of the procedural rules and the inclusion of China's foreign-related dispute resolution institutions may enhance investor confidence and encourage use of the complaints system.

Encountering infrastructural interruptions and maintaining transnational lives amongst foreigners in China

ABSTRACT Drawing on in-depth biographical interviews with foreign scholars in China (hereafter ‘FSC’), this paper examines the impact of various infrastructural interruptions on the transnational lives of mobile individuals during the COVID-19 pandemic. It explores how the labour of maintenance and resourceful quick-fixes employed by FSC constitute infrastructuring strategies in times of isolation and uncertainty. Specifically, the paper first asks how specific COVID-19-induced infrastructural barriers, such as tightened visa policies, mandatory PCR testing for border crossing, and suspended flights, intersect with the (im)mobility experiences and trajectories of FSC. Second, the paper investigates how these individuals navigate and cope with infrastructural glitches by fashioning a set of infrastructuring strategies to maintain transnational lives within the pandemic context. In doing so, this paper develops a deeper understanding of not only the generative but also destructive capacities of infrastructural processes in terms of their transformative effects on migrant identities, aspirations and lived experiences, further revealing the fragility, incompleteness and situationality embedded in migration infrastructures. More critically, this paper theorises how infrastructural interruptions constitute the necessary social-temporal conditions in which individuals’ infrastructuring strategies emerge through acts of waiting, adaptation and maintenance.

Research on Factors that Influence the Employment of Foreigners in China

In the era of global economic integration and a rapidly changing international workforce, China has witnessed a significant increase in the number of foreign workers, especially since its accession to the WTO. This influx has disrupted China's labor market equilibrium and raised substantial challenges related to national sovereignty, security, social order, and public health. The Chinese legislative landscape grapples with various issues, such as delays in legislation, unclear regulatory boundaries, gaps in emerging sectors, lenient penalties for illegal employment, and inadequate coordination among law enforcement agencies. This paper holds both theoretical and practical importance as it aims to tackle these problems, proposing potential solutions to issues arising from the illicit employment of foreigners. Drawing insights from global legislative practices and emphasizing the safeguarding of domestic labor, this paper seeks to establish a comprehensive legislative framework for foreign employment in China, including provisions for exceptions to equal treatment. Additionally, it advocates for stricter employer accountability and penalties for illegal employment, highlighting the urgent need for improved cooperation and efficiency among law enforcement agencies. Beyond addressing domestic challenges, this paper also promotes international cooperation in foreign labor management, aligning with evolving global standards and continuously enhancing China's legal framework.

The Impact Factors Study on the Appropriate Scale of China's Foreign Exchange Reserves

Foreign exchange reserves play a crucial role for a country in maintaining a balance of payments, enhancing international market competitiveness, and elevating its global standing. This study employs cointegration analysis to delve into the intricate relationship between the Chinese yuan to U.S. dollar exchange rate, external debt balance, total imports, and the scale of China's foreign exchange reserves. The findings reveal that among the factors considered, total imports exert the most significant influence on the scale of China's foreign exchange reserves. In the short term, a negative correlation is observed between foreign exchange reserves and the yuan to U.S. dollar exchange rate. However, in the long term, a positive correlation emerges between foreign exchange reserves and both the yuan to U.S. dollar exchange rate and total imports. Intriguingly, a negative correlation is noted with the external debt balance over the long term. This nuanced analysis sheds light on the dynamic interplay between key economic variables, providing valuable insights for policymakers, economists, and stakeholders. By uncovering the intricate relationships and time-dependent correlations, the study contributes to a deeper understanding of the factors influencing the scale of China's foreign exchange reserves, offering a foundation for informed decision-making in the realm of international finance and trade.

The Impact of China's Foreign Direct Investment on the GDP of Belt and Road Initiative Countries

The Impact of China's Foreign Direct Investment on the GDP of Belt and Road Initiative Countries

Research on the High-quality Development of China's Foreign Cultural Trade in the Context of a Strong Cultural Country

Research on the High-quality Development of China's Foreign Cultural Trade in the Context of a Strong Cultural Country

Analyzing and Forecasting the Exchange Rate of USD/CNY

In this study, based on the characteristics of the ARIMA models and ETS models, respectively, that the former focuses more on autocorrelation between data, while the latter focuses more on trends and seasonality of data sets. These two forms of models are used to forecast the USD/CNY exchange rate. This study used the monthly average USD/CNY exchange rate from January 2010 to June 2023, which taken from the website of the China Foreign Exchange Trade System (CFETS) , which data is provided by People's Bank of China, and used computer software to forecast and test the results using each model. Ultimately, it was found that the forecasts using the Autoregressive Integrated Moving Average (ARIMA) and Exponential Smoothing (ETS) models, were close to each other, with both showing a flattening trend over the long term. In the short term, ETS(M, Ad, N) forecasts an upward trend in the USD/CNY exchange rate while ARIMA(0,1,2) forecasts an almost flat trend. ARIMA (0,1,2) forecasts that the USD/CNY exchange rate shown the shape that finally stabilized at around 6.85, while ETS (M, Ad, N) forecasts around 7.6, and comparatively ARIMA model gives more reliable forecasts on the test set, and fit the training set better. This study compares the accuracy of the ETS model and the ARIMA model in fitting and subsequently forecasting the USD/CNY exchange rate for the period 2010-2023. Future research could build on this by discussing the impact of particular specific events and policies on the forecasts at this stage and experimenting with optimization.