Understanding a changing China : key issues for business / Howard Davies and Matevz Raskovic.

"As China becomes the world's largest economy, so it becomes important to understand the key issues shaping the country's business environment and the behaviour of Chinese businesspeople. This is difficult because those issues are contested. Is China growing at 3% or 8%? Is the Chines...

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Bibliographic Details
Main Authors: Davies, H. (Author), Raskovic, Matevz (Author)
Format: Ebook
Language:English
Published: Abingdon, Oxon : Routledge, 2018.
Subjects:
Online Access:Taylor & Francis
Table of Contents:
  • Understanding a changing china- Front Cover
  • Understanding a changing china
  • Title Page
  • Copyright Page
  • Dedication
  • Contents
  • List of figures
  • List of tables
  • Chapter 1: From ancient civilization through humiliation to powerhouse
  • The ancient power
  • From greatness to stagnation
  • The Needham Question: why did China fall behind?
  • China's Century of Humiliation
  • The struggle against Japan
  • Victory for the CCP, land reform, the command economy and policy disasters
  • The dragon awakes: China's re-ascent
  • The relevance of China's past for today
  • References
  • Chapter 2: China's miracle, China's tensions
  • the four "izations"
  • Industrialization and its consequences
  • Urbanization
  • Marketization: from iron rice bowl and the plan to markets for everything
  • Globalization: everything in Walmart comes from China!
  • References
  • Chapter 3: China's strategy for development: from "crossing the river by feeling the stones" to "revving up the consumer"
  • Antecedents of the 1970s reforms
  • The Deng reform era
  • Economic reforms as waves
  • 1989 and its aftermath: the legacy of Deng and beyond
  • A new reality under Xi Jinping: the "new normal" and becoming a three-legged economy
  • References
  • Chapter 4: Chinese culture, guanxi and their consequences
  • Confucianism
  • The comparative approach to culture: China's position on multiple dimensions
  • Guanxi: the one Chinese word every foreigner knows
  • A cautionary note on culture
  • References
  • Chapter 5: Enterprise reform and Chinese firms today
  • Alternative perspectives on the Chinese firm
  • How many firms in China, and of what type?
  • The "firm" in the command economy
  • Township and village enterprises: privatization in the countryside
  • The state-owned enterprise: zombie, national champion or what?
  • Private enterprises and entrepreneurship in China.
  • Success factors for JVs
  • WOFEs: one bed, one dream
  • Conversion of JVs into WOFEs
  • The future of the JV
  • References
  • Chapter 10: The "two billion socks" syndrome: marketing to China's diverse markets
  • Simple dream, complex reality
  • Social divides and their marketing implications
  • Chinese culture, philosophy and consumer behaviour: essentials for marketing
  • Consumer behaviour and patterns of demand
  • A changing landscape: trends to watch out for
  • References
  • Chapter 11: Ethics, corruption and sustainable development
  • Business ethics in China
  • Corruption in China
  • Towards sustainable development
  • References
  • Chapter 12: Managing and leading people in China
  • The unskilled/skilled divide: scarcity amid plenty
  • Recruiting, selecting and retaining workers and managers
  • Managing for performance in China: can Western approaches be effective?
  • Leadership in China
  • References
  • Chapter 13: The challenge from China: how serious?
  • Introduction
  • China's rise in context
  • The economics of world order: the limits of zero-sum logic
  • China and the world order: from geopolitics to tian xia and international security
  • Global value chains and regional production networks: the China effect
  • Chinese firms: are they a threat or not?
  • So how serious is the challenge from China?
  • References
  • Chapter 14: Will it end in tears?
  • Permabears and Panda-lovers
  • Can an authoritarian system survive?
  • Does China have enough growth and will it be of the right kind?
  • Will debt bring the economy down?
  • What about ghost cities and a property crash?
  • Will corruption lead to social unrest?
  • Pollution and environmental disaster
  • Could a trade war with the US trigger a crisis in China?
  • So will it end in tears?
  • References
  • Index.
  • Two kinds of foreign investors: the role of overseas Chinese versus multinationals
  • What is the Chinese firm today?
  • References
  • Chapter 6: Technology development in China
  • Opposing views on China's technology development
  • Does China need "indigenous innovation"?
  • Is China capable of indigenous innovation?
  • The place of technology import in China's innovation process
  • Innovation, culture and thinking processes: creativity and the Chinese person
  • Conclusions on China's technology development
  • References
  • Chapter 7: The end of "Cheap China"?
  • Introduction
  • China's competitiveness and structure: international comparisons
  • Breaking down China's productivity: a structural shift towards a productivity imperative
  • The double aspect of China's internal productivity gap
  • Has China reached its Lewis turning point?
  • Walking a tightrope: labour and manufacturing cost vs. productivity and value added
  • Conclusion
  • References
  • Chapter 8: Behemoths, shadows and casinos: the financial system
  • China's financial markets roil the world
  • The purpose and components of the financial system
  • Behemoths: China's banks
  • Policy banks and asset management companies
  • Shadows: the informal financial sector
  • Bond markets in China
  • The insurance sector
  • Equity markets: casinos in Shenzhen and Shanghai
  • The regulatory framework
  • Internationalization and convertibility of the RMB
  • Government and finance
  • References
  • Chapter 9: Entry strategies for the Chinese market: is the joint venture dead?
  • Background
  • JVs and WOFEs: joint ventures and wholly owned foreign enterprises
  • The historical and institutional background
  • Sino-foreign JVs: the importance of market entry barriers
  • Sino-foreign JVs: a foot-in-the-door strategy or smart business?
  • Failures of Sino-foreign JVs: the Wahaha effect or timing out?
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