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China's Business Reforms - Institutional Challenges in a Globalised Economy (Hardcover, New)
Loot Price: R3,880
Discovery Miles 38 800
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China's Business Reforms - Institutional Challenges in a Globalised Economy (Hardcover, New)
Series: Routledge Contemporary China Series
Expected to ship within 12 - 17 working days
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China's recent economic reforms have led to impressive growth, and
an unprecedented enthusiasm for establishing foreign enterprises in
China. Since 1993, China has been the second largest recipient of
foreign direct investment in the world after the USA and is now
considered to be the world's third biggest economy after the USA
and Japan. Its greater economic integration with the rest of the
world, especially since its accession to the World Trade
Organization (WTO), has further accelerated its market-oriented
economic reforms. China is now opening its protected markets and
beginning to submit to the rule of international law. This ongoing
transition and increasing participation in the world economy has
resulted in significant changes in human resource, management and
social welfare practices in China's enterprises. The book examines
the key areas, all of which are linked, where China is grappling
with institutional reforms as it opens up to the outside world -
state-owned enterprise reform; capital markets and financial
reform; human resources and labor market reform; social welfare
reform; and China's accession to the WTO and the growth of the
private sector.
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