By the year 2000, annual sales of computer products to China may
well reach $15-18 billion, making China one of the largest computer
markets in the world. At the same time, China's own computer
industry is expected to become world-class and internationally
competitive. How this will come about, the market and economic
trends that are presently developing, and the opportunities they
present for Western businesses are explored here by two insiders,
offering not only useful analysis but hands-on guidance to the ways
in which China's computer market works. With an appendix listing
more than 500 of the most important Chinese computer companies,
industrial and professional organizations, and related consulting
and law firms, the book will be essential reading for computer
industry management and top sales executives, and for investment
bankers and others with important stakes in the China market.
China's computer market is not easy to enter. The key to doing
so, according to the authors, is to understand not only China's
unique historical, cultural, and environmental factors that
condition the way business is done there, but the way Chinese
businesspeople think and act. China is a low-income and
transitional economy, much different from Japanese and other Asian
economies, and incentives and price structures are distorted and
the rules of the game are not clearly written. The legal
infrastructure is incomplete, and laws are not rigorously enforced.
Using the latest data available only from local Chinese sources,
Zhang and Wang dissect the Chinese computer market in terms that
Westerners can understand and relate to: its opportunities, but
also its risks. Academics teaching and studying international
business, marketing, and investment will also benefit from the
authors' insights.
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