Ringkasan Jurnal Penelitian

Researcher: Scott Kennedy Publisher: China Quarterly Although China has had difficulty improving the performance of its banks and stock markets, it has struggled  even more to develop a credit rating industry. Credit rating agencies (CRA), which provide bondratings, are vital to financial markets in advanced capitalist countries, but China’s credit rating companies are weak and have had little influence over the behaviour of those who issue or invest in bonds. Some argue that CRAs gain authority through their strong reputation in the eyes of market participants, but the experience of rating agencies in China supports evidence from elsewhere that their private authority is largely dependent on government mandate, a benefit China’s CRAs have only recently begun toenjoy. Many private actors, from trade associations to charity groups, are struggling to gain public influence in China, but credit rating agencies may be the best barometer to measure the Chinese government’s general stanc...

Author: Yongshun Cai Publisher: China Quarterly, 2008, Vol.193 (24-42) Local governments are responsible for dealing with many of the instances of resistance in China, and an important mode of response which they use is suppression. This article examines the rationale behind local governments’ use of this mode of response. It shows that Chinese citizens who stage resistance are in a weak legal position because their actions often violate the law or government regulations. Given local governments’ discretion in interpreting citizens’ action, suppression becomes the option when concessions are difficult to make and citizen resistance threatens social stability, policy implementation or local officials’ images. However, suppression has not stopped popular resistance, and it remains a channel through which citizens defend or pursue their legitimate rights in China. Penggunaan tekanan oleh pemerintah lokal terhadap resitensi rakyat di Cina Pemerintah lokal di negara Cina bertanggun...