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International Business in China - Understanding the Global Economic Crisis (Hardcover)
Loot Price: R3,983
Discovery Miles 39 830
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International Business in China - Understanding the Global Economic Crisis (Hardcover)
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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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