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High Wire: How China Regulates Big Tech and Governs Its Economy

Autor Angela Huyue Zhang
en Limba Engleză Hardback – 19 iun 2024
In High Wire, Angela Huyue Zhang provides a comprehensive and sophisticated overview of how China regulates its enormous tech sector. By closely scrutinizing the incentives and interactions among the key players, Zhang introduces a dynamic pyramid model to analyze the structure, process, and outcome of China's unique regulatory system. She showcases the shrewd self-regulatory tactics employed by Chinese tech titans to survive and thrive in an institutional environment plagued by endemic fraud and corruption. She also reveals how the Chinese State has given a helping hand to digital platforms by offering them indispensable judicial support. Through a robust analysis of the tumultuous 2020-2022 tech crackdown, Zhang explores the model's profound impact on three vital pillars of Chinese platform regulation, including antitrust, data, and labor enforcement. As Zhang demonstrates, the tech crackdown has led to the private sector's retreat and the state's advancement in the tech industry. These regulatory shifts have also steered investors from consumer tech businesses toward hardcore technologies that are essential for China's bid to overtake the United States in innovation. More than just a study of China, Zhang offers a global perspective by comparing China's regulatory landscape with rapidly moving developments in the United States and the European Union. This comparative analysis reveals the shared regulatory challenges all face and sheds light on the future direction of Chinese tech regulation. Finally, she peers into the future of China's tech governance, specifically focusing on the burgeoning realm of generative artificial intelligence. Providing an unparalleled deep dive into China's rapidly evolving digital economy, High Wire is a must-read for those interested in how the manifold ways in which China regulates and governs its economy._
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Specificații

ISBN-13: 9780197682258
ISBN-10: 0197682251
Pagini: 432
Dimensiuni: 150 x 170 x 46 mm
Greutate: 0.7 kg
Editura: Oxford University Press
Colecția OUP USA
Locul publicării:New York, United States

Recenzii

An indispensable study for those-most of us-who work in the field but to whom China, alongside the other two major regulatory players (the EU and the US), is the least accessible.
A masterful analysis of the logic behind the Chinese government's regulation of the country's platform economy and how that regulation shapes the digital economy. Truly insightful, highly compelling, and a timely read by one of the foremost experts of the Chinese regulatory state.
Zhang has a knack for sifting through disparate, seemingly random policy directives to find the unifying elements shaping China's world. This is on full display in High Wire. And it comes at a time when illuminating analysis on China's platform economy is in high demand.
Zhang's High Wire is the single best book for those who need to understand China's regulation of its tech markets - both what has happened, and what will happen. An essential and comprehensive resource in an area where overly simplistic understandings have too often led outsiders astray.
This well-researched and sharply analytical book on platform governance addresses some of the most critical issues of our time as geopolitical fault lines begin to form, with technology being a central domain of competition between the United States and China.
China is an enigma. Anyone who has been trying to crack it and understand policymaking in China and its regulatory approach, including its swings between onerous and lenient, should experience several "aha" moments while reading High Wire. The writing is clear and simple. You do not need much prior knowledge of China in order to appreciate the analysis. I really enjoyed reading this book.
Without sensationalization, Angela Zhang's "High Wire: How China Regulates Big Tech and Governs Its Economy" offers a grounded and compelling guide to understanding the byzantine dynamics at play.
High Wire offers a masterful analysis of the logic behind the Chinese government's regulation of its platform economy and how that regulation shapes the digital economy. This book's clear and accessible writing style makes it suitable for a wide audience, including policymakers, academics, and general readers interested in the global economy.
High Wire is certain to be a vital starting point for anyone seeking to understand the nature of Chinese technology regulation. Building from a focus on technology platforms, Zhang has also developed a more general theory of economic regulation. I expect to see future studies of Chinese economic governance apply and build upon her framework.
Chinese Big Tech regulation with the rapidly evolving landscape in the United States and the European Union. The book also offers a prediction about China's future governance of Big Tech companies, with a special focus on artificial intelligence. Recommended.

Notă biografică

Angela Huyue Zhang is an Associate Professor of Law at the University of Hong Kong and Director of the Phillip K. H. Wong Center for Chinese Law. Zhang is widely recognized as a leading authority on Chinese tech regulation. She is the author of Chinese Antitrust Exceptionalism: How the Rise of China Challenges Global Regulation (Oxford, 2021), which was named one of the Best Political Economy Books of 2021 by ProMarket. In fall 2024, Zhang will join the University of Southern California as a Professor of Law. Visit her website at AngelaZhang.net, and follow her on Twitter @AngelaZhangHK.