This book deals with a number of contentious issues in Chinese
management as China emerges as a global economic player, with a
greater role in international business during a global economic
crisis. This step is in tandem with an economically driven foreign
policy. Since the 1980s, Chinese management while still in
transition, has benefited from an infusion of capital, technology
and managerial expertise through inward direct investment via joint
and wholly-owned foreign ventures.
As the so-called 'workshop of the world', China and its exports,
especially labour-intensive goods, face protectionism in the United
States and the European Union. To circumvent these barriers, the
Chinese leaders are emphasising domestic consumption, itself
dependent on rising personal income levels and an improved national
social insurance system, and a move to high-tech products,
themselves requiring indigenous innovation.
The creation of a knowledge economy, in addition to outward
investment in manufacturing, could lead to a distinctive
independent style of Chinese management. Simultaneously, China s
participation in intra-regional trade underlines the nation s role
in Asian regional business networks. Such developments in turn
present a challenge to Western and global business.
This book was published as a special issue of Asia Pacific
Business Review.
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