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Books > Business & Economics > Economics > Economic systems

Making Ends Meet in Contemporary Russia - Secondary Employment, Subsidiary Agriculture and Social Networks (Hardcover): Simon... Making Ends Meet in Contemporary Russia - Secondary Employment, Subsidiary Agriculture and Social Networks (Hardcover)
Simon Clarke
R2,916 Discovery Miles 29 160 Out of stock

Throughout the 1990s, Russian households experienced a dramatic fall in their traditional sources of subsistence: wages and social benefits. Many commentators have argued that households have adopted 'survival strategies' that enable them to make ends meet, particularly taking second jobs, growing their own food and calling on the help of family and friends. This book reviews the available data to analyse the forms, scale and incidence of these phenomena. The author finds that so-called 'survival strategies' merely represent a continuation of traditional soviet practices. He demonstrates that they disproportionately benefit the better off and that they do not provide a means by which those who have suffered misfortune can compensate for a fall in their earnings. Instead, he illustrates that most Russian households have adapted simply by cutting expenditure rather than by finding new sources of income. The author concludes by arguing that the notion of a 'household survival strategy' is inappropriate for the study of post-soviet society. Based on the analysis of a wide range of qualitative and quantitative data, Making Ends Meet in Contemporary Russia provides a comprehensive analysis of the means by which Russian households have secured their subsistence in the face of a collapse in wages and employment since the end of the soviet system. It will be required reading for all students, scholars and researchers of transition studies, development studies and human geography.

Capitalism in the Anthropocene - Ecological Ruin or Ecological Revolution (Hardcover): John Bellamy Foster Capitalism in the Anthropocene - Ecological Ruin or Ecological Revolution (Hardcover)
John Bellamy Foster
R2,412 Discovery Miles 24 120 Ships in 10 - 15 working days

Explores capitalism’s role in creating the current state of climate emergency Over the last 11,700 years, during which human civilization developed, the earth has existed within what geologists refer to as the Holocene Epoch. Now science is telling us that the Holocene Epoch in the geological time scale ended, replaced by a new more dangerous Anthropocene Epoch, which began around 1950. The Anthropocene Epoch is characterized by an “anthropogenic rift” in the biological cycles of the Earth System, marking a changed reality in which human activities are now the main geological force impacting the earth as a whole, generating at the same time an existential crisis for the world’s population. What caused this massive shift in the history of the earth? In this comprehensive study, John Bellamy Foster tells us that a globalized system of capital accumulation has induced humanity to foul its own nest. The result is a planetary emergency that threatens all present and future generations, throwing into question the continuation of civilization and ultimately the very survival of humanity itself. Only by addressing the social aspects of the current planetary emergency, exploring the theoretical, historical, and practical dimensions of the capitalism’s alteration of the planetary environment, is it possible to develop the ecological and social resources for a new journey of hope.

Democratic Capitalism - The Way to a World of Peace and Plenty (Hardcover): Raymond Carey Democratic Capitalism - The Way to a World of Peace and Plenty (Hardcover)
Raymond Carey
R999 Discovery Miles 9 990 Ships in 10 - 15 working days
The Economics and Management of Intellectual Property - Towards Intellectual Capitalism (Paperback, New Ed): Ove Granstrand The Economics and Management of Intellectual Property - Towards Intellectual Capitalism (Paperback, New Ed)
Ove Granstrand
R1,237 Discovery Miles 12 370 Out of stock

This unique book - informed by ten years' research - focuses on intellectual property and charts the global transition towards intellectual capitalism with technology-based corporations as prime movers. The book gives a comprehensive overview of the history and fundamentals of intellectual property as well as a textbook introduction to the field. The book sheds new light on the economics and management of intellectual property in large corporations in Europe, Japan and the US. Special emphasis is given to strategies for the acquisition and commercialization of new technologies, patent strategies and strategies for secrecy and trademark, technology intelligence and corporate management of intellectual property. It includes an in-depth study of leading large corporations in Japan - including Canon, Hitachi, Toshiba and Sony. In conclusion, it explores the possible evolution of intellectual property management towards a distributed intellectual capital management in the context of a wider transition to intellectual capitalism, fueled by new technologies in general and new infocom technologies in particular. The book will have particular appeal to practitioners such as managers, economists, engineers and lawyers as well as students and scholars of industrial organization, economics of innovation and technical change, and management of technology.

The Rise and Fall of Czech Capitalism - Economic Development in the Czech Republic Since 1989 (Hardcover): Martin Myant The Rise and Fall of Czech Capitalism - Economic Development in the Czech Republic Since 1989 (Hardcover)
Martin Myant
R3,101 Discovery Miles 31 010 Out of stock

This book offers a detailed, critical account of the economic transformation of the Czech Republic since 1989. It follows the development and implementation of a reform strategy based on 'shock' therapy and rapid privatisation, set against the background of turbulent political change and conflict. The aim of the government in the mid 1990s was the creation of a 'Czech' capitalism, with Czech-owned business empires and banks. A detailed analysis of developments in banking and industrial enterprises shows how the chosen strategy led instead to continuing inefficiency, flawed management decisions and uncontrolled profiteering. These combined factors contributed to serious economic difficulties in the latter part of the decade, with success stories largely confined to foreign-owned firms. After 1998, a new government attempted to encourage economic revival based upon a fresh strategy which emphasised the sale of banks and industrial enterprises to foreign owners. Even with this new reform strategy, the author concludes that the results were, at best, mixed. Throughout the analysis, the author provides in-depth commentary on a variety of topics including the sources of economic growth, the role of the central bank, developments in banking and industrial enterprises and the impact of inward direct investment. It is rare to find such a comprehensive book which assesses the economic transformations of a single country. The detailed analysis and pertinent conclusions will be welcomed by academics and researchers with an interest in transition economies, European integration, international finance and political science.

Lobbying in the European Union - Strategies, Dynamics  and Trends (Hardcover, 1st ed. 2019): Doris Dialer, Margarethe Richter Lobbying in the European Union - Strategies, Dynamics and Trends (Hardcover, 1st ed. 2019)
Doris Dialer, Margarethe Richter
R3,046 Discovery Miles 30 460 Ships in 10 - 15 working days

This book sheds new light on how lobbying works in the European Union. Drawing on the first-hand professional experience of lobbyists, policymakers, and corporate and institutional stakeholders, combined with a sound academic foundation, it offers insights into successful lobbying strategies, such as how alliances are formed by interest groups in Brussels. The authors present key case studies, e.g. on the shelved EU-US trade deal Transatlantic Trade and Investment Partnership (TTIP), lobbying scandals, and the role of specific interest groups and EU Think-Tanks. Furthermore, they highlight efforts to improve transparency and ethical standards in EU decision-making, while also underscoring the benefits of lobbying in the context of decision-making. Understanding the tools and techniques of effective lobbying, as well as the dynamics and trends in EU lobbying, will allow professionals involved in the lobbying process, such as policymakers and corporate and institutional stakeholders, to improve their performance and achieve better results when pursuing their respective interests.

Macroeconomic Policy and a Living Wage - The Employment Act as Redistributive Economics, 1944-1969 (Hardcover, 1st ed. 2018):... Macroeconomic Policy and a Living Wage - The Employment Act as Redistributive Economics, 1944-1969 (Hardcover, 1st ed. 2018)
Donald R. Stabile
R2,893 Discovery Miles 28 930 Ships in 18 - 22 working days

This book offers a new interpretation of the Employment Act of 1946. It argues that in addition to Keynesian economics, the idea of a living wage was also part of the background leading up to the Employment Act. The Act mandated that the president prepare an Economic Report on the state of the economy and how to improve it, and the idea of a living wage was an essential issue in those Economic Reports for over two decades. The author argues that macroeconomic policy in the USA consisted of a dual approach of using a living wage to increase consumption with higher wages, and fiscal policy to create jobs and higher levels of consumption, therefore forming a hybrid system of redistributive economics. An important read for scholars of economic history, this book explores Roosevelt's role in the debates over the Employment Act in the 1940s, and underlines how Truman's Fair Deal, Kennedy's New Frontier and Johnson's Great Society all had the ultimate goal of a living wage, despite their variations of its definition and name.

The Theory of Crisis and the Great Recession in Spain (Hardcover, 1st ed. 2019): Juan Pablo Mateo Tome The Theory of Crisis and the Great Recession in Spain (Hardcover, 1st ed. 2019)
Juan Pablo Mateo Tome
R2,903 Discovery Miles 29 030 Ships in 18 - 22 working days

This book has a dual purpose. First, it analyses the concept of economic crises within economic theory, showing the various theoretical foundations and controversies amongst different schools of economic thought. Second, it presents an empirical analysis of the Great Recession in Spain, addressing the growth period of 1995 to 2007-08, the subsequent depression until 2013-14 and the recovery that followed. It also shows the way in which the inner contradictions of capital manifests itself in an European peripheral economy under a real estate bubble, emphasizing the role of the Spanish economy in European capitalism. This theoretical and empirical heterodox approach will be of interest to students and scholars in political economy, and those with an interest in the Eurozone.

Capitalism - The Reemergence of a Historical Concept (Hardcover): Jurgen Kocka, Marcel Van Der Linden Capitalism - The Reemergence of a Historical Concept (Hardcover)
Jurgen Kocka, Marcel Van Der Linden
R4,639 Discovery Miles 46 390 Ships in 10 - 15 working days

Capitalism has been a controversial concept. In the second half of the 20th century, many historians have either not used the concept at all, or only in passing. Many regarded the term as too broad, holistic and vague or too value-loaded, ideological and polemic. This volume brings together leading scholars to explore why the term has recently experienced a comeback and assess how useful the term can be in application to social and economic history. The contributors discuss whether and how the history of capitalism enables us to ask new questions, further explore unexhausted sources and discover new connections between previously unrelated phenomena. The chapters address case studies drawn from around the world, giving attention to Europe, Africa and beyond. This is a timely reassessment of a crucial concept, which will be of great interest to scholars and students of economic history.

How Capitalism  Destroyed Itself - Technology Displaced by Financial Innovation (Paperback, New Ed): William Kingston How Capitalism Destroyed Itself - Technology Displaced by Financial Innovation (Paperback, New Ed)
William Kingston
R752 Discovery Miles 7 520 Ships in 9 - 17 working days
The Birds Of The Latin Poets (Paperback): Ernest Martin Whitney The Birds Of The Latin Poets (Paperback)
Ernest Martin Whitney
R589 Discovery Miles 5 890 Ships in 10 - 15 working days
Chinese Agriculture in the 1930s - Investigations into John Lossing Buck's Rediscovered 'Land Utilization in... Chinese Agriculture in the 1930s - Investigations into John Lossing Buck's Rediscovered 'Land Utilization in China' Microdata (Hardcover, 1st ed. 2019)
Hao Hu, Fu-Ning Zhong, Calum G. Turvey
R2,673 Discovery Miles 26 730 Ships in 18 - 22 working days

This edited volume analyzes land utilization data from farm surveys taken in China between 1929 and 1933. This data, which was the foundation for John Lossing Buck's seminal work Land Utilization in China (1937), was thought lost to history until rediscovered in 2000. The book presents the first modern analyses of agricultural economics in Republican China using Buck's micro-data, covering important topics such as nutritional poverty, tenancy issues, land productivity, surplus labor, workers' incomes, credit supply, and regional differences. Through using modern analytical methods, this book presents a more accurate picture of the agricultural economy in the Republican Era and will be of particular interest to agricultural economists, economic historians, and Chinese studies scholars.

Complexity and Geographical Economics - Topics and Tools (Hardcover): Pasquale Commendatore, Saime Kayam, Ingrid Kubin Complexity and Geographical Economics - Topics and Tools (Hardcover)
Pasquale Commendatore, Saime Kayam, Ingrid Kubin
R4,307 R3,501 Discovery Miles 35 010 Save R806 (19%) Ships in 10 - 15 working days

The uneven geographical distribution of economic activities is a huge challenge worldwide and also for the European Union. In Krugman's New Economic Geography economic systems have a simple spatial structure. This book shows that more sophisticated models should visualise the EU as an evolving trade network with a specific topology and different aggregation levels. At the highest level, economic geography models give a bird eye's view of spatial dynamics. At a medium level, institutions shape the economy and the structure of (financial and labour) markets. At the lowest level, individual decisions interact with the economic, social and institutional environment; the focus is on firms' decision on location and innovation. Such multilevel models exhibit complex dynamic patterns - path dependence, cumulative causation, hysteresis - on a network structure; and specific analytic tools are necessary for studying strategic interaction, heterogeneity and nonlinearities.

Capitalism (Hardcover, New): G Ingham Capitalism (Hardcover, New)
G Ingham
R1,938 Discovery Miles 19 380 Ships in 18 - 22 working days

Now with a substantial new postscript on the financial crisis

This book provides a basic introduction to the 'nuts and bolts' of capitalism. It starts by examining the classic accounts of capitalism found in the works of Adam Smith, Karl Marx, Max Weber, Joseph Schumpeter, and John Maynard Keynes. Each placed emphasis on different institutional elements of capitalism - Smith on the market's 'invisible hand'; Marx on capital's exploitation of labour; Weber on the foundations of economic rationality; and Schumpeter and Keynes on the instability that results from capitalism's essentially monetary and financial character.

Drawing on these classic accounts, Ingham then offers a succinct analysis of capitalism's basic institutions and their interconnections. Market exchange, the monetary system, the enterprise, capital and financial markets, and the role of the state are dealt with in separate chapters which make use of contemporary material on the recent history of the capitalist system - including the great inflation of the 1970s and the neo-liberal backlash; the 'dot.com' bubble of the late 1990s; and the collapse of Enron and other US corporations. This revised version includes a substantial new postscript on the financial crisis of 2007-8 and its aftermath. The result is a concise, masterly and up-to-date account of the world's most powerful economic system, written in a way that is accessible to students and general readers alike.

China's New United Front Work in Hong Kong - Penetrative Politics and Its Implications (Hardcover, 1st ed. 2019): Sonny... China's New United Front Work in Hong Kong - Penetrative Politics and Its Implications (Hardcover, 1st ed. 2019)
Sonny Shiu-Hing Lo, Steven Chung-Fun Hung, Jeff Hai-Chi Loo
R2,697 Discovery Miles 26 970 Ships in 18 - 22 working days

This book explores the dynamics of China's new united front work in Hong Kong. Mainland Chinese penetrative politics can be seen in the activities of local pro-Beijing political parties, clans and neighborhood associations, labor unions, women and media organizations, district federations, and some religious groups. However, united front work in the educational and youth sectors of civil society has encountered strong resistance because many Hong Kong people are post-materialistic and uphold their core values of human rights, the rule of law and transparency. China's new united front work in Hong Kong has been influenced by its domestic turn toward "hard" authoritarianism, making Beijing see Hong Kong's democratic activists and radicals as political enemies. Hong Kong's "one country, two systems" is drifting toward "one country, two mixed systems" with some degree of convergence. Yet, Taiwan and some foreign countries have seen China's united front work as politically destabilizing and penetrative. This book will be of use to scholars, journalists, and observers in other countries seeking to reckon with Chinese influence.

Fiscal Decentralisation, Local Government and Policy Reversals in Southeastern Europe (Hardcover, 1st ed. 2018): William... Fiscal Decentralisation, Local Government and Policy Reversals in Southeastern Europe (Hardcover, 1st ed. 2018)
William Bartlett, Sanja Kmezic, Katarina Dulic
R4,060 Discovery Miles 40 600 Ships in 18 - 22 working days

This edited collection provides a comprehensive geographic and chronological overview of the decentralisation processes in the successor states of former Yugoslavia and Albania during their transition and EU integration years, from 1990 until 2016. These countries present a unique laboratory for the analysis of economic, social and political change, having traversed armed conflicts, dramatic economic and political changes, and EU pre-accession processes involving deep institutional reform. They have also endured the Eurozone crisis, which has led to high levels of unemployment, wide fiscal gaps and dangerously high levels of indebtedness. Observing the quarter century-long transition from socialism to capitalism through the prism of decentralisation sheds new light on studying the political economy of the region and the current status of the individual countries in terms of economic development and their EU integration progress. The contributors enrich the wider literature on fiscal decentralisation in transition countries by exploring several broad questions on democratisation, the political economy of post-communist transition, the role of external actors in policy transfer and the issue of financial stability in the post-crisis period.

Critical Management Research in Eastern Europe - Managing the Transition (Hardcover): M. Kelemen, M Kostera Critical Management Research in Eastern Europe - Managing the Transition (Hardcover)
M. Kelemen, M Kostera
R2,661 Discovery Miles 26 610 Ships in 18 - 22 working days

Presenting a wealth of new ethnographic and interview-based research,Critical Management Research in Eastern Europe argues that the reform process in Central and Eastern Europe has been dominated by the traditional 'Western' view of management practice. However, this approach overlooks the fact that certain managerial and organizational practices developed in Central and Eastern Europe may still be appropriate and indeed effective within this particular setting. The book brings together authors from both East and West Europe to evaluate how the two systems can best be harmonized.

Winning at the Turning Point - The Great Trend of China's Economic Transformation (Hardcover, 1st ed. 2019): Fulin Chi Winning at the Turning Point - The Great Trend of China's Economic Transformation (Hardcover, 1st ed. 2019)
Fulin Chi; Translated by George G. Chen
R2,925 Discovery Miles 29 250 Ships in 18 - 22 working days

This book by influential policymaker Chi Fulin lays out in issue-oriented and detailed chapters, at a time when China is at a crossroads, exactly how the government plans to deal with the social, political and economic issues the world's second-largest economy faces. From managing the decline of industry, to urbanization, to managing consumption, to social security and education, Chi offers a roadmap for the years ahead. This book will be particularly fascinating to Western scholars of China who speculate on the inner workings of the Chinese policymaking elite, with the ambition of China's central planners here laid out for the world to see.

China's Economic Engagement in North Korea (Hardcover, 1st ed. 2019): Bo Gao China's Economic Engagement in North Korea (Hardcover, 1st ed. 2019)
Bo Gao
R2,200 Discovery Miles 22 000 Ships in 18 - 22 working days

This book addresses growing tensions in Northeast Asia, notably between North Korea and China. Focusing on China's economic participation in North Korea's minerals and fishery industries, the author explores the role of China's sub-state and non-state actors in implementing China's foreign economic policy towards North Korea. The book discusses these actors' impact on the regional order in Northeast Asia, particularly in the Korean Peninsula. The project also provides a comprehensive and up-to-date account of China's cultural and economic activities in North Korea as implemented by both the historically traditional actors in Jilin and Liaoning provinces in Northeast China, and new actors from coastal areas (Shandong and Zhejiang provinces) and inland provinces (Chongqing and Henan) to Zhejiang province. It argues that in the era of economic decentralisation, Chinese sub-state and non-state actors can independently deal with most of their economic affairs without the need for permission from the central government in Beijing. A key read for scholars and students interested in Asian history, politics and economics, and specifically the East Asian situation, this text offers an in-depth analysis of recent activity concerning the Sino-DPRK economic relationship.

Having and Being Had (Paperback): Eula Biss Having and Being Had (Paperback)
Eula Biss
R417 R392 Discovery Miles 3 920 Save R25 (6%) Ships in 18 - 22 working days
Bankruptcy, Bubbles and Bailouts - The Inside History of the Treasury Since 1976 (Hardcover): Aeron Davis Bankruptcy, Bubbles and Bailouts - The Inside History of the Treasury Since 1976 (Hardcover)
Aeron Davis
R525 Discovery Miles 5 250 Ships in 10 - 15 working days

The Treasury is one of Britain's oldest, most powerful and secretive institutions, one that has played a central role in shaping the country's economic system. But all too often it has escaped public scrutiny when it comes to investigating the ups and downs of the UK economy. When portrayed, it is usually as a bedrock of government stability in times of crisis, repeatedly rescuing the nation's finances from the hands of posturing politicians and the combustions of world financial markets. However, there is another side to the story. In between the highs there have been many lows, from botched privatizations to dubious private finance initiatives, from failing to spot the great financial crisis to facilitating ever-growing inequalities. Davis's book goes behind the scenes to offer an inside history of the Treasury, in the words of the chancellors, advisors and civil servants themselves. It shows the shortcomings as well as the successes, the personalities and the thinking which have shaped Britain's economy since the mid-1970s. Based on interviews with over fifty key figures, it offers a fascinating, alternative insight on how and why the UK economy came to function as it does today, and why reform is long overdue. -- .

Global Capitalism and Climate Change - The Need for an Alternative World System (Hardcover, Second Edition): Hans A. Baer Global Capitalism and Climate Change - The Need for an Alternative World System (Hardcover, Second Edition)
Hans A. Baer
R3,605 Discovery Miles 36 050 Ships in 18 - 22 working days

Now in its second edition, Global Capitalism and Climate Change: The Need for an Alternative World System examines anthropogenic climate change in the context of global capitalism, a political economy that emphasizes profit-making, is committed to on-going economic growth, results in massive social inequality, fosters a treadmill of production and consumption, and is heavily reliant on fossil fuels. Looking ahead, Hans A. Baer explores the systemic changes necessary to create a more socially just, democratic, and environmentally sustainable world system capable of moving humanity toward a safer climate. This book is recommended for readers interested in anti-systemic efforts, including eco-anarchism, eco-feminism, the de-growth perspective, Indigenous voices, and the climate justice movement.

On China's Road - In Search of a New Modernity (Hardcover, 1st ed. 2020): Honghua Men On China's Road - In Search of a New Modernity (Hardcover, 1st ed. 2020)
Honghua Men
R1,642 Discovery Miles 16 420 Ships in 18 - 22 working days

This book aims to delve deeper into China's Road studies, bringing together China's leading scholars from different disciplines to examine, with reference to the grand strategies of major powers in the world, the strategically important issues that China faces, the interactions between domestic politics and international politics, and the way in which China seeks to become a world player. The book contains articles analyzing the history and reality of China's road, domestic and international foundations of China's Road, and China's Road and the world's future. The authors also discuss the unique aspects of China's Road, as the properties and the selection of the system, ideas, and development model all comprise an unalterable socialist direction, government-led market economic system, human-oriented core ideas, and gradual reform. With balanced and peaceful development, cooperation, and mutual benefits as outstanding characteristics, China's Road will ensure that China continues to progress.

Market, Class, and Employment (Hardcover): Patrick McGovern, Stephen Hill, Colin Mills, Michael White Market, Class, and Employment (Hardcover)
Patrick McGovern, Stephen Hill, Colin Mills, Michael White
R845 Discovery Miles 8 450 Ships in 10 - 15 working days

Much of the received wisdom about the world of work emphasizes the marketization of the employment relationship; the decline of class-based forms of inequality, and the individualization of employment relations. Non-standard forms of employment, the delayering of organizational hierarchies, and the use of individual performance-based payment systems are all held up as examples of a new neo-liberal order in which employers and employees no longer feel a sense of obligation to each other.
Drawing on a range of employee and employer surveys, including the authors own Working in Britain 2000 survey, this ambitious study presents a comprehensive examination of the conditions, attitudes, and experiences of British employees from the mid-1980s to the early years of this century. The authors' analyses provides a compelling critique of the received wisdom, while also providing an original, alternative account of recent developments in work and labour markets. Along the way, the book covers such topical issues as the changing nature of trade union membership, the consequences of Britain's 'long hours' culture', and the apparent inability of women to ask for pay rises. Significantly, the authors seek to reposition debates about the future of work by restoring the concepts of contracts and social class to the analysis of the employment relationship.
Based on the ESRC funded Future of Work research programme this book is destined to shape our understanding of employment in Britain for the foreseeable future.

China's Macroeconomic Outlook - Quarterly Forecast and Analysis Report, October 2017 (Hardcover, 1st ed. 2018): Xiamen... China's Macroeconomic Outlook - Quarterly Forecast and Analysis Report, October 2017 (Hardcover, 1st ed. 2018)
Xiamen University Center For Macroeconomic Research Of
R2,074 R1,713 Discovery Miles 17 130 Save R361 (17%) Ships in 10 - 15 working days

This report is a partial result of the China's Quarterly Macroeconometric Model (CQMM), a project developed and maintained by the Center for Macroeconomic Research (CMR) at Xiamen University. The CMR is one of the Key Research Institutes of Humanities and Social Sciences sponsored by the Ministry of Education of China, focusing on China's economic forecast and macroeconomic policy analysis. The CMR started to develop the CQMM for purpose of short-term forecasting, policy analysis, and simulation in 2005. Based on the CQMM, the CMR and its partners hold press conferences to release forecasts for China' major macroeconomic variables. Since July, 2006, twenty-two quarterly reports on China's macroeconomic outlook have been presented and eleventh annual reports have been published. This 23rd quarterly report is to be presented at the Forum on China's Macroeconomic Outlook and Press Conference of CQMM on October 27, 2017. This conference is jointly held at Oxford University by Oxford Prospects and Global Development Centre, University of Oxford, Center for Macroeconomic Research at Xiamen University, and Economic Information Daily at Xinhua News Agency.

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