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This book elucidates fundamental governance features and issues in contemporary China. While especially focusing on principal governance areas, it offers comprehensive coverage, capturing the dynamics of governance across vertical and horizontal connexions. The book is succinctly written and systematically addresses essential governance aspects that to date have only been dealt with separately and sporadically: state governance, the executive branch and administration, organization of production and approaches to production, and governance conventions and protocols. Further, it examines the evolution of governance practice in terms of both political and legal superstructure and economic base/infrastructure. Adopting a purely analytical approach and making no value judgments on the country’s social institutions and political systems, the book offers a vital resource to help readers grasp the complexities of governance in China.
How to adapt your firm’s competitive strategy to the modern reality of Chinese enterprise Enterprise China: Adopting a Competitive Strategy for Business Success delivers a roadmap for business executives competing in and with China. Prepared by a team of renowned management researchers and strategists, the book examines the often-misunderstood interconnectedness of the Chinese state and Chinese businesses, demonstrating that individual firms and companies are often just the tip of the iceberg. The authors explain how the overarching vision, ambition, and strategy of the State impact and guide key commercial enterprises and how this affects Western business interests. In the book, you’ll also find: Explorations of the competitive strategy and associated tactics of Chinese enterprise Strategies and tactical options for Western business executives as they compete in and with the Chinese state Descriptions of the key factors business executives must assess as they do business in and with China An essential discussion of one of the great economic powerhouses of contemporary history, Enterprise China belongs in the libraries of business executives, policy makers, and thought leaders seeking perspective on an unavoidable and determined competitor.
"This new reference book providing detailed descriptions of the top 100 major business enterprises in China is a companion book of the recently published Biographical Dictionary of New Chinese Entrepreneurs and Business Leaders (by the same editors). Together, these two publications provide in-depth and up-to-date information for the study and understanding of the fabric of the business sector of China. --
A fascinating look at China now and in the years to come, through the eyes of those at the helm As China continues its rapid ascent, attention is turning to its leaders, who they are, and how they view the country's incredible transformation over the last thirty years. In How China's Leaders Think: The Inside Story of China's Past, Current and Future Leaders, Revised, bestselling author Lawrence Kuhn goes directly to the source, talking with members of China's ruling party and examining recently declassified Party material to provide readers with an intimate look at China's leaders and leadership structure, visionary principles, and convulsive past, and tracing the nation's reform efforts. Focusing on President Hu Jintao's philosophies and policies, the book looks to the next generation of China's leaders to ask the questions on everyone's lips. Who are China's future leaders? How do they view China's place in the world? Confronting China's leaders head on, Kuhn asks about the county's many problem, from economic imbalances to unsustainable development, to find out if there's a road map for change. Presenting the thoughts of key Chinese leaders on everything from media, military, banking, and healthcare to film, the Internet, science and technology, and much more, the book paints an intimate, candid portrayal of how China's leaders really think. Presents a fascinating insight into how China's leaders think about their country and where it's headed Asks the tough questions about China's need for reform Pulls together information from over 100 personal interviews as well as recently declassified Party documents Taking readers closer to Party officials than ever before, How China's Leaders Think documents China's thirty-year struggle toward economic and social reform, and what's to come.
Since 1978 in China, foreign direct investment has served as a driver of change that has brought the country into the modern economic world. Mao Zedong had shut out the foreign devilsEuropeans, Japanese, Americans and other outsiders. He created chaos in an economy that was long on suffering but short on foreign currency, technology and capital. In this detailed account, Dick K. Nanto explores how foreign companies came in tofill the gaps in Chinas economy and helped it to become a manufacturing marvel. Hefocuses on topics such as how: Industrialization has created a socialist economy with Chinese characteristics thatare reflected in industrial policy, governmental institutions, state-owned enterprises, the push to climb the high-technology ladder, indigenous innovation, and the drive to create more national champion companies. Chinese are investing abroad, entering the home turf of multinational corporationsand raising issues related to national security. Foreign enterprises are now being squeezed as Beijing seeks to replace them withcompanies of its own. Businesspeople, entrepreneurs, international business students, politicians, and anyoneinterested in how things get done in China will find engaging, informative, andcomprehensive information in Chinas Dance with the Foreign Devils.
The first in-depth account of the sudden growth of China’s sovereign wealth funds and their transformative impact on global markets, domestic and multinational businesses, and international politics. One of the keys to China’s global rise has been its strategy of deploying sovereign wealth on behalf of state power. Since President Xi Jinping took office in 2013, China has doubled down on financial statecraft, making shrewd investments with the sovereign funds it has built up by leveraging its foreign exchange reserves. Sovereign Funds tells the story of how the Communist Party of China (CPC) became a global financier of surpassing ambition. Zongyuan Zoe Liu offers a comprehensive and up-to-date analysis of the evolution of China’s sovereign funds, including the China Investment Corporation, the State Administration of Foreign Exchange, and Central Huijin Investment. Liu shows how these institutions have become mechanisms not only for transforming low-reward foreign exchange reserves into investment capital but also for power projection. Sovereign funds are essential drivers of the national interest, shaping global markets, advancing the historic Belt and Road Initiative, and funneling state assets into strategic industries such as semiconductors, fintech, and artificial intelligence. In the era of President Xi, state-owned financial institutions have become gatekeepers of the Chinese economy. Political and personal relationships with prestigious sovereign funds have enabled Blackstone to flourish in China and have fueled the ascendance of private tech giants such as Alibaba, Ant Finance, and Didi. As Liu makes clear, sovereign funds are not just for oil exporters. The CPC is a leader in both foreign exchange reserves investment and economic statecraft, using state capital to encourage domestic economic activity and create spheres of influence worldwide.