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If you look carefully at how things are actually made in China - from shirts to toys, apple juice to oil rigs - you see a reality that contradicts every widely-held notion about the world's so-called economic powerhouse. From the inside looking out, China is not a manufacturing juggernaut. It's a Lilliputian. Nor is it a killer of American jobs. It's a huge job creator. Rising China is importing goods from America in such volume that millions of U.S. jobs are sustained through Chinese trade and investment. In Unmade in China, entrepreneur and Georgetown University business professor Jeremy Haft lifts the lid on the hidden world of China's intricate supply chains. Informed by years of experience building new companies in China, Haft's unique, insider’s view reveals a startling picture of an economy which struggles to make baby formula safely, much less a nuclear power plant. Using firm-level data and recent case studies, Unmade in China tells the story of systemic risk in Chinese manufacturing and why this is both really bad and really good news for America.
The rapid growth, diversity and strategic importance of the emerging Chinese and Indian economies have fired the world's imagination with both hopes and fears for the future. Wendy Dobson's perceptive analysis of changing institutions, demographics, and politics paints a thoughtful and surprising picture of India and China as economic powerhouses in the year 2030. Examining past events and current trends, Gravity Shift offers bold predictions of the changes we can expect in key economic and political institutions in China and India, changes that will inform and shape tomorrow's business decisions. Dobson's work anticipates that by 2030, China's economy will be larger than those of the United States, India, and Japan, though its population will be ageing and its growth slowing. India will also come into its own, making major strides in modernizing its vast rural population, vanquishing illiteracy, and emerging as an innovative manufacturing powerhouse. A China-India free trade agreement could well become the foundation of a cooperative Asian economic community. As the world re-evaluates business practices in the wake of the global economic crisis, Gravity Shift provides a clear vision of how India and China will reshape the Asian region, to inform and transform global economic institutions.
In 2021, the Chinese Communist Party celebrated a century of existence. Since the Party's humble beginnings in the Marxist groups of the Republican era to its current global ambitions, one thing has not changed for China's leaders: their claim to represent the vanguard of the Chinese working class. Spanning from the night classes for workers organised by student activists in Beijing in the 1910s to the labour struggles during the 1920s and 1930s; from the turmoil of the Cultural Revolution to the social convulsions of the reform era to China's global push today, this book reconstructs the contentious history of labour in China from the early twentieth century to this day (and beyond). This will be achieved through a series of essays penned by scholars in the field of Chinese society, politics, and culture, each one of which will revolve around a specific historical event, in a mosaic of different voices, perspectives, and interpretations of what constituted the experience of being a worker in China in the past century. Contributors: Corey Byrnes, Craig A. Smith, Xu Guoqi, Zhou Ruixue, Lin Chun, Elizabeth J. Perry, Tony Saich, Wang Kan, Gail Hershatter, Apo Leong, S.A. Smith, Alexander F. Day, Yige Dong, Seung-Joon Lee, Lu Yan, Joshua Howard, Bo renlund Srensen, Brian DeMare, Emily Honig, Po-chien Chen, Yi-hung Liu, Jake Werner, Malcolm Thompson, Robert Cliver, Mark W. Frazier, John Williams, Christian Sorace, Zhu Ruiyi, Ivan Franceschini, Chen Feng, Ben Kindler, Jane Hayward, Tim Wright, Koji Hirata, Jacob Eyferth, Aminda Smith, Fabio Lanza, Ralph Litzinger, Jonathan Unger, Covell F. Meyskens, Maggie Clinton, Patricia M. Thornton, Ray Yep, Andrea Piazzaroli Longobardi, Joel Andreas, Matt Galway, Michel Bonnin, A.C. Baecker, Mary Ann O'Donnell, Tiantian Zheng, Jeanne L. Wilson, Ming-sho Ho, Yueran Zhang, Anita Chan, Sarah Biddulph, Jude Howell, William Hurst, Dorothy J. Solinger, Ching Kwan Lee, Chlo Froissart, Mary Gallagher, Eric Florence, Junxi Qian, Chris King-chi Chan, Elaine Sio-Ieng Hui, Jenny Chan, Eli Friedman, Aaron Halegua, Wanning Sun, Marc Blecher, Huang Yu, Manfred Elfstrom, Darren Byler, Carlos Rojas, Chen Qiufan.
Featured as Book of the Week by The Wire China in August 2020! If your business has anything to do with China or you simply seek to understand the rise of China, you need to read this book. In The China Paradox, business strategist and historian Dr. Paul G. Clifford uses vivid examples from his deep experience in China to lay bare the delicate and fragile balance of forces which lie at the heart of China’s success. He explains how, against all the odds, the ruling Communist Party boldly led the economic reforms as the surest way to preserve their grip on power. This flourishing of China’s hybrid developmental model is placed firmly in the historical context, shedding light on the legacies that thwarted earlier attempts at change and which today still threaten to render the progress unsustainable. China is taking its place on the world economic stage, displaying business acumen and innovation. But China’s un-reformed political governance, coupled with the challenges resulting from breakneck growth, may hamper the nation’s ability to realize its potential and impact its longer-term prospects. This book is for anyone who needs to understand how China competes, anyone with business or other affairs in China, and anyone involved in foreign trade will benefit from this book. Click to read the author's article on Open Democracy: https://www.opendemocracy.net/en/oureconomy/the-us-should-not-demonize-huawei-it-should-invest-to-compete/ Click here to see a related article in the South China Morning Post: http://www.scmp.com/news/china/policies-politics/article/2134180/reform-or-no-reform-authors-clash-over-chinas-way
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 Chinese consumer going to save the world? Are state-owned enterprises national champions or zombies? Have we reached the end of "Cheap China"? Can China innovate? Is business still dominated by personal connections? Are markets or the state in control? Does Chinese culture impede or support organizational effectiveness? Are Chinese dragons at your door? Will the finance and property sectors implode? Is the Chinese model sustainable, or will it end in tears? On all these issues there is ill-informed "noise", and an abundance of partisan interpretations. The purpose of this book, therefore, is to provide an even-handed analysis of the key issues that will shape the threats and opportunities arising from China’s development in the next decade. It cannot resolve the competing claims made. However, it does provide the reader with the ideas and the sources of evidence needed to understand and to make well thought-out judgments as China continues to evolve.
Chinese leaders once tried to suppress memories of their nation’s brutal experience during World War II. Now they celebrate the “victory”—a key foundation of China’s rising nationalism. For most of its history, the People’s Republic of China discouraged public discussion of the war against Japan. It was an experience of victimization—and one that saw Mao Zedong and Chiang Kai-shek fighting for the same goals. But now, as China grows more powerful, the meaning of the war is changing. Rana Mitter argues that China’s reassessment of the war years is central to its newfound confidence abroad and to mounting nationalism at home. China’s Good War begins with the academics who shepherded the once-taboo subject into wider discourse. Encouraged by reforms under Deng Xiaoping, they researched the Guomindang war effort, collaboration with the Japanese, and China’s role in forming the post-1945 global order. But interest in the war would not stay confined to scholarly journals. Today public sites of memory—including museums, movies and television shows, street art, popular writing, and social media—define the war as a founding myth for an ascendant China. Wartime China emerges as victor rather than victim. The shifting story has nurtured a number of new views. One rehabilitates Chiang Kai-shek’s war efforts, minimizing the bloody conflicts between him and Mao and aiming to heal the wounds of the Cultural Revolution. Another narrative positions Beijing as creator and protector of the international order that emerged from the war—an order, China argues, under threat today largely from the United States. China’s radical reassessment of its collective memory of the war has created a new foundation for a people destined to shape the world.
China's future is arguably the most consequential question in global affairs. Having enjoyed unprecedented levels of growth, China is at a critical juncture in the development of its economy, society, polity, national security, and international relations. The direction the nation takes at this turning point will determine whether it stalls or continues to develop and prosper. Will China be successful in implementing a new wave of transformational reforms that could last decades and make it the world's leading superpower? Or will its leaders shy away from the drastic changes required because the regime's power is at risk? If so, will that lead to prolonged stagnation or even regime collapse? Might China move down a more liberal or even democratic path? Or will China instead emerge as a hard, authoritarian and aggressive superstate? In this new book, David Shambaugh argues that these potential pathways are all possibilities - but they depend on key decisions yet to be made by China's leaders, different pressures from within Chinese society, as well as actions taken by other nations. Assessing these scenarios and their implications, he offers a thoughtful and clear study of China's future for all those seeking to understand the country's likely trajectory over the coming decade and beyond.
In recent decades, China has been increasingly seen as a land of seemingly limitless opportunity for transnational corporations and economic growth. In the early 1990s, China’s late leader, Deng Xiaoping, welcomed multinationals into many strategic industries. Since then, this country has grown to become the world’s second largest economy, behind only the United States. This book uses the latest economic and business information to show how the business and economic environments of China and the United States are intertwined, and offers a detailed account of how multinationals from the United States have been incorporated into the Chinese economy. Bringing together contributions by a number of well-known scholars from both China and abroad, this volume, as part of the Transnational Corporations Council of Studies series, allows the reader to navigate multinationals’ interactions with the Sino-American economy.
What does the rise of China represent, and how should the international community respond? With a holistic rereading of Chinese longue durée history, Fei-Ling Wang provides a simple but powerful framework for understanding the nature of persistent and rising Chinese power and its implications for the current global order. He argues that the Chinese ideation and tradition of political governance and world order—the China Order—is based on an imperial state of Confucian-Legalism as historically exemplified by the Qin-Han polity. Claiming a Mandate of Heaven to unify and govern the whole known world or tianxia (all under heaven), the China Order dominated Eastern Eurasia as a world empire for more than two millennia, until the late nineteenth century. Since 1949, the People's Republic of China has been a reincarnated Qin-Han polity without the traditional China Order, finding itself stuck in the endless struggle against the current world order and the ever-changing Chinese society for its regime survival and security. Wang also offers new discoveries and assessments about the true golden eras of Chinese civilization, explains the great East-West divergence between China and Europe, and analyzes the China Dream that drives much of current Chinese foreign policy.
China has increased its engagement with the world and is pursuing ambitious economic goals. Much has been written about the economic and social impact of Inbound Foreign Direct Investment (IFDI) on China with the transfer-in of Western resources and expertise. Less has been written, in an accessible way at least, on the unleashing of the entrepreneurial spirit and Outbound Foreign Direct Investment (OFDI) of China as Chinese firms have gone global.The global expansion of Chinese firms is a recent phenomenon, which is not well understood. The book is aimed at providing an important context for understanding the challenges and biases Chinese firms face while going global, using a multi-disciplinary approach weaving themes from history, contemporary Chinese politics, geopolitics, international relations, economics, finance, strategy, culture and society, together with the role of management education in developing entrepreneurs' capabilities for success.The book also explores the basis upon which Chinese firms can compete outside their domestic market by using a Four Cs' framework — core capabilities, cultural adaptability, competencies of management and country of origin. The book argues that weaknesses in several of the Four Cs' might be compensated for by the Fifth C — cooperation from government.The book will appeal to the growing legion of China-watchers and general readers who are open-minded and keen to better understand the increasing profile of Chinese firms in international markets. Are they a threat? To whom? And why?