{"title":"Mapping global financial networks: a spatial analysis of Chinese companies’ overseas listings","authors":"Fenghua Pan, Cheng Fang","doi":"10.1177/27541223221116124","DOIUrl":"https://doi.org/10.1177/27541223221116124","url":null,"abstract":"Drawing on the case of Chinese companies’ overseas listings on US stock exchanges, this study unpacks the geography and network structure of China’s integration into global financial networks (GFNs) by taking a city network approach based on inter-firm service and collaboration linkages. The results show that New York and Hong Kong are the dominant international financial centres facilitating this process. The Cayman Islands and British Virgin Islands are the key offshore jurisdictions in which the Chinese companies are incorporated. Beijing, Shanghai, and Shenzhen are more likely to be connected with GFNs than other cities in mainland China. The financial and business service firms involved in the overseas listings are mostly located in these cities. These strategic nodes have varied functions in GFNs. Several key city-dyads within the networks are identified, which further indicates the importance of those strategic nodes mentioned above. Despite the growing importance of Chinese firms and financial centres within GFNs, the continuing integration of China’s economy via overseas listings on US stock exchanges has strengthened rather than challenged the existing global financial order dominated by the west.","PeriodicalId":229645,"journal":{"name":"Transactions in Planning and Urban Research","volume":"41 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127068731","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"From growth coalition to development coalition: A case study of urban renewal governance transformation in Southern Area of Nanjing (SAN), China","authors":"Jing-xiang Zhang, Yu Gao","doi":"10.1177/27541223221115930","DOIUrl":"https://doi.org/10.1177/27541223221115930","url":null,"abstract":"The context of urban development in China has undergone a remarkable transformation in the latest decade. In the course of this, the central government has gradually narrowed its early flexible policies and discretionary powers for local urban development, changing from the style featuring the growth-orientated values in the early phase to a new development concept of Urban Renewal Action highlighting plural values in the new era. Different from being promoted by the local-government-led growth coalition during the previous rapid development, Urban Renewal Action emphasizes the bottom-line constraints imposed by the central government, advocating an overall reconstruction in a combination of the renewal goals, the renewal mechanism, and the renewal objects. In this sense, urban renewal can no longer be explained only through the perspective of the growth coalition. This paper, through the re-interpretation of the urban renewal in the Southern Area of Nanjing (SAN), not only demonstrates the changes in the value context of China’s urban development in the past decade, but also proposes the development coalition, as a new approach, to decode the urban renewal governance transformation under the new development discourse in China. In the process, the central government promotes such transformation through policies and regulations while considering sustainable social development as the new goal of urban renewal locally. During this nationwide transformation, residents and intellectuals are functioning as new core members.","PeriodicalId":229645,"journal":{"name":"Transactions in Planning and Urban Research","volume":"40 2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126173367","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Fangzhu Zhang, Zhigang Li, C. Hamnett, Yang Xiao, Zheng Wang
{"title":"From China to the world – Urban China studies for a global community","authors":"Fangzhu Zhang, Zhigang Li, C. Hamnett, Yang Xiao, Zheng Wang","doi":"10.1177/27541223221094935","DOIUrl":"https://doi.org/10.1177/27541223221094935","url":null,"abstract":"As the inaugural editors of Transactions in Planning and Urban Research, we would like to welcome you to this new journal, which we hope will become a platform for diverse new inquiries and dialogues on the urban and regional development and planning processes in urban China. We would like to start this editorial statement by answering the most important question first: what is the motivation for launching a journal that is dedicated to Urban China studies? Firstly, we believe that China’s phenomenal and accelerated urbanisation presents an exciting laboratory for researchers to observe economic, environmental, social-cultural, and governance changes and innovations in the contemporary world. For instance, being the world’s largest carbon emitter and the second largest economy means that China’s role in tackling some of the most pressing challenges such as climate change will have huge implications for the entire planet. Yet despite being the largest carbon emitter, China is also an important site of experimentation in new ways to reduce carbon emissions including urban energy transitions towards renewable energies and the development of a range of urban green infrastructures such as eco-cities, greenways, and sponge cities. Secondly, although urban China may display aspects of uniqueness, these novel features of Chinese cities are neither exceptional beyond compare nor do they exist in silos disconnected from the rest of the world. Instead, Chinese cities are intricately connected to other contexts and are parts of wider transnational and global processes. At the same time, however, many aspects of China’s urbanisation and its future trajectory are not pre-defined by existing theories and instead require both contextual and comparative research (Robinson, 2016). We are therefore of the conviction that urban China can provide fertile ground to critically reflect on existing theories and create new concepts as well as become a launching pad to establish dialogues with other contexts. Thirdly, as a research field, ‘Urban China’ is growing rapidly, and is one of the most active, dynamic, and well-connected. The research field is situated at the conjuncture of China Studies, which comes from the tradition of area studies and is oriented towards historical, cultural, and political contexts, and Urban Studies, which treats Chinese urbanisation as part of political, economic, environmental, and social-cultural changes of the (de-) globalising world. While both research traditions have contributed greatly towards a better understanding of urban China, we felt that there is a need for a journal that can bridge these two research traditions and treat Chinese urbanisation in a holistic, reflexive, and grounded view without being confined within historical and cultural specificities. We therefore believe that it is time to introduce a journal that pays particular attention to the recent developments in China and their policy implications while situating this","PeriodicalId":229645,"journal":{"name":"Transactions in Planning and Urban Research","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123547959","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"When East meets West: The prospects of Chinese urbanisation research","authors":"C. Wong, Wei Zheng","doi":"10.1177/27541223221103513","DOIUrl":"https://doi.org/10.1177/27541223221103513","url":null,"abstract":"Despite being a global urban policy laboratory with a diversity of research topics and case studies being reported, we still do not have a holistic understanding of urbanisation across different parts of China. We therefore pose three pertinent questions for discussion in this commentary: whether Chinese urbanisation research has reached a plateau of development and what are the prime sites of research; how has the policy and research environment in China created its own distinctive, interacting traditions of practical activity and intellectual inquiry; and what are the prospects of having more original conceptual thinking and theorisation of urbanisation processes in China? Our analysis highlights the spatially variegated landscape of publications, which closely mirrors China’s urban administrative hierarchy. We explain the paradoxical culture of urban research encountered by Chinese early career researchers through their constant struggle in the knowledge transfusion process of Western theories and their use in Chinese urbanisation research. The dynamic relationship between theoretical and methodological development; the need for innovative comparative research; and better data infrastructure and data sharing practice are seen as the ways forward.","PeriodicalId":229645,"journal":{"name":"Transactions in Planning and Urban Research","volume":"74 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133914296","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}