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| expand business to china: China's Economic Rise Congressional Research Service, 2017-09-17 Prior to the initiation of economic reforms and trade liberalization 36 years ago, China maintained policies that kept the economy very poor, stagnant, centrally-controlled, vastly inefficient, and relatively isolated from the global economy. Since opening up to foreign trade and investment and implementing free market reforms in 1979, China has been among the world's fastest-growing economies, with real annual gross domestic product (GDP) growth averaging nearly 10% through 2016. In recent years, China has emerged as a major global economic power. It is now the world's largest economy (on a purchasing power parity basis), manufacturer, merchandise trader, and holder of foreign exchange reserves.The global economic crisis that began in 2008 greatly affected China's economy. China's exports, imports, and foreign direct investment (FDI) inflows declined, GDP growth slowed, and millions of Chinese workers reportedly lost their jobs. The Chinese government responded by implementing a $586 billion economic stimulus package and loosening monetary policies to increase bank lending. Such policies enabled China to effectively weather the effects of the sharp global fall in demand for Chinese products, but may have contributed to overcapacity in several industries and increased debt by Chinese firms and local government. China's economy has slowed in recent years. Real GDP growth has slowed in each of the past six years, dropping from 10.6% in 2010 to 6.7% in 2016, and is projected to slow to 5.7% by 2022.The Chinese government has attempted to steer the economy to a new normal of slower, but more stable and sustainable, economic growth. Yet, concerns have deepened in recent years over the health of the Chinese economy. On August 11, 2015, the Chinese government announced that the daily reference rate of the renminbi (RMB) would become more market-oriented. Over the next three days, the RMB depreciated against the dollar and led to charges that China's goal was to boost exports to help stimulate the economy (which some suspect is in worse shape than indicated by official Chinese economic statistics). Concerns over the state of the Chinese economy appear to have often contributed to volatility in global stock indexes in recent years.The ability of China to maintain a rapidly growing economy in the long run will likely depend largely on the ability of the Chinese government to implement comprehensive economic reforms that more quickly hasten China's transition to a free market economy; rebalance the Chinese economy by making consumer demand, rather than exporting and fixed investment, the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection. The Chinese government has acknowledged that its current economic growth model needs to be altered and has announced several initiatives to address various economic challenges. In November 2013, the Communist Party of China held the Third Plenum of its 18th Party Congress, which outlined a number of broad policy reforms to boost competition and economic efficiency. For example, the communique stated that the market would now play a decisive role in allocating resources in the economy. At the same time, however, the communique emphasized the continued important role of the state sector in China's economy. In addition, many foreign firms have complained that the business climate in China has worsened in recent years. Thus, it remains unclear how committed the Chinese government is to implementing new comprehensive economic reforms.China's economic rise has significant implications for the United States and hence is of major interest to Congress. This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise. |
| expand business to china: Global China Tarun Chhabra, Rush Doshi, Ryan Hass, 2021-06-22 The global implications of China's rise as a global actor In 2005, a senior official in the George W. Bush administration expressed the hope that China would emerge as a “responsible stakeholder” on the world stage. A dozen years later, the Trump administration dramatically shifted course, instead calling China a “strategic competitor” whose actions routinely threaten U.S. interests. Both assessments reflected an underlying truth: China is no longer just a “rising” power. It has emerged as a truly global actor, both economically and militarily. Every day its actions affect nearly every region and every major issue, from climate change to trade, from conflict in troubled lands to competition over rules that will govern the uses of emerging technologies. To better address the implications of China's new status, both for American policy and for the broader international order, Brookings scholars conducted research over the past two years, culminating in a project: Global China: Assessing China's Growing Role in the World. The project is intended to furnish policy makers and the public with hard facts and deep insights for understanding China's regional and global ambitions. The initiative draws not only on Brookings's deep bench of China and East Asia experts, but also on the tremendous breadth of the institution's security, strategy, regional studies, technological, and economic development experts. Areas of focus include the evolution of China's domestic institutions; great power relations; the emergence of critical technologies; Asian security; China's influence in key regions beyond Asia; and China's impact on global governance and norms. Global China: Assessing China's Growing Role in the World provides the most current, broad-scope, and fact-based assessment of the implications of China's rise for the United States and the rest of the world. |
| expand business to china: Making Of An Economic Superpower, The: Unlocking China's Secret Of Rapid Industrialization Yi Wen, 2016-05-13 The rise of China is no doubt one of the most important events in world economic history since the Industrial Revolution. Mainstream economics, especially the institutional theory of economic development based on a dichotomy of extractive vs. inclusive political institutions, is highly inadequate in explaining China's rise. This book argues that only a radical reinterpretation of the history of the Industrial Revolution and the rise of the West (as incorrectly portrayed by the institutional theory) can fully explain China's growth miracle and why the determined rise of China is unstoppable despite its current 'backward' financial system and political institutions. Conversely, China's spectacular and rapid transformation from an impoverished agrarian society to a formidable industrial superpower sheds considerable light on the fundamental shortcomings of the institutional theory and mainstream 'blackboard' economic models, and provides more-accurate reevaluations of historical episodes such as Africa's enduring poverty trap despite radical political and economic reforms, Latin America's lost decades and frequent debt crises, 19th century Europe's great escape from the Malthusian trap, and the Industrial Revolution itself. |
| expand business to china: The Long Game Rush Doshi, 2021-06-11 For more than a century, no US adversary or coalition of adversaries - not Nazi Germany, Imperial Japan, or the Soviet Union - has ever reached sixty percent of US GDP. China is the sole exception, and it is fast emerging into a global superpower that could rival, if not eclipse, the United States. What does China want, does it have a grand strategy to achieve it, and what should the United States do about it? In The Long Game, Rush Doshi draws from a rich base of Chinese primary sources, including decades worth of party documents, leaked materials, memoirs by party leaders, and a careful analysis of China's conduct to provide a history of China's grand strategy since the end of the Cold War. Taking readers behind the Party's closed doors, he uncovers Beijing's long, methodical game to displace America from its hegemonic position in both the East Asia regional and global orders through three sequential strategies of displacement. Beginning in the 1980s, China focused for two decades on hiding capabilities and biding time. After the 2008 Global Financial Crisis, it became more assertive regionally, following a policy of actively accomplishing something. Finally, in the aftermath populist elections of 2016, China shifted to an even more aggressive strategy for undermining US hegemony, adopting the phrase great changes unseen in century. After charting how China's long game has evolved, Doshi offers a comprehensive yet asymmetric plan for an effective US response. Ironically, his proposed approach takes a page from Beijing's own strategic playbook to undermine China's ambitions and strengthen American order without competing dollar-for-dollar, ship-for-ship, or loan-for-loan. |
| expand business to china: China 2049 David Dollar, Yiping Huang, Yang Yao, 2020-06-09 How will China reform its economy as it aspires to become the next economic superpower? It's clear that China is the world's next economic superpower. But what isn't so clear is how China will get there by the middle of this century. It now faces tremendous challenges such as fostering innovation, dealing with ageing problem and coping with a less accommodative global environment. In this book, economists from China's leading university and America's best-known think tank offer in depth analyses of these challenges. Does China have enough talent and right policy and institutional mix to transit from input-driven to innovation-driven economy? What does ageing mean, in terms of labor supply, consumption demand and social welfare expenditure? Can China contain the environmental and climate change risks? How should the financial system be transformed in order to continuously support economic growth and keep financial risks under control? What fiscal reforms are required in order to balance between economic efficiency and social harmony? What roles should the state-owned enterprises play in the future Chinese economy? In addition, how will technological competition between the United States and China affect each country's development? Will the Chinese yuan emerge as a major reserve currency, and would this destabilize the international financial system? What will be China's role in the international economic institutions? And will the United States and other established powers accept a growing role for China and the rest of the developing world in the governance of global institutions such as the World Trade Organization and the International Monetary Fund, or will the world devolve into competing blocs? This book provides unique insights into independent analyses and policy recommendations by a group of top Chinese and American scholars. Whether China succeeds or fails in economic reform will have a large impact, not just on China's development, but also on stability and prosperity for the whole world. |
| expand business to china: China's Growing Role in World Trade Robert C. Feenstra, 2010-03-10 In less than three decades, China has grown from playing a negligible role in international trade to being one of the world's largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. Not surprisingly, China's economic dynamism has generated considerable attention and concern in the United States and beyond. While some analysts have warned of the potential pitfalls of China's rise—the loss of jobs, for example—others have highlighted the benefits of new market and investment opportunities for US firms. Bringing together an expert group of contributors, China's Growing Role in World Trade undertakes an empirical investigation of the effects of China's new status. The essays collected here provide detailed analyses of the microstructure of trade, the macroeconomic implications, sector-level issues, and foreign direct investment. This volume's careful examination of micro data in light of established economic theories clarifies a number of misconceptions, disproves some conventional wisdom, and documents data patterns that enhance our understanding of China's trade and what it may mean to the rest of the world. |
| expand business to china: China’s Grand Strategy Andrew Scobell, Edmund J. Burke, Cortez A. Cooper III, Sale Lilly, Chad J. R. Ohlandt, Eric Warner, J.D. Williams, 2020-07-27 To explore what extended competition between the United States and China might entail out to 2050, the authors of this report identified and characterized China’s grand strategy, analyzed its component national strategies (diplomacy, economics, science and technology, and military affairs), and assessed how successful China might be at implementing these over the next three decades. |
| expand business to china: Dragons at Your Door Ming Zeng, Peter J. Williamson, 2007 Disrupting global competition : how did they get here so fast? -- Cost innovation : the Chinese dragons' secret weapon -- Loose bricks : re-thinking your vulnerabilities -- The weak link : limitations of the Chinese dragons -- Your response : winning in the new global game -- Conclusion : charting the future. |
| expand business to china: How China Became Capitalist R. Coase, N. Wang, 2016-04-30 How China Became Capitalist details the extraordinary, and often unanticipated, journey that China has taken over the past thirty five years in transforming itself from a closed agrarian socialist economy to an indomitable economic force in the international arena. The authors revitalise the debate around the rise of the Chinese economy through the use of primary sources, persuasively arguing that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, and that it was 'marginal revolutions' that introduced the market and entrepreneurship back to China. Lessons from the West were guided by the traditional Chinese principle of 'seeking truth from facts'. By turning to capitalism, China re-embraced her own cultural roots. How China Became Capitalist challenges received wisdom about the future of the Chinese economy, warning that while China has enormous potential for further growth, the future is clouded by the government's monopoly of ideas and power. Coase and Wang argue that the development of a market for ideas which has a long and revered tradition in China would be integral in bringing about the Chinese dream of social harmony. |
| expand business to china: China’s Productivity Convergence and Growth Potential—A Stocktaking and Sectoral Approach Min Zhu, Ms.Longmei Zhang, Daoju Peng, 2019-11-27 China’s growth potential has become a hotly debated topic as the economy has reached an income level susceptible to the “middle-income trap” and financial vulnerabilities are mounting after years of rapid credit expansion. However, the existing literature has largely focused on macro level aggregates, which are ill suited to understanding China’s significant structural transformation and its impact on economic growth. To fill the gap, this paper takes a deep dive into China’s convergence progress in 38 industrial sectors and 11 services sectors, examines past sectoral transitions, and predicts future shifts. We find that China’s productivity convergence remains at an early stage, with the industrial sector more advanced than services. Large variations exist among subsectors, with high-tech industrial sectors, in particular the ICT sector, lagging low-tech sectors. Going forward, ample room remains for further convergence, but the shrinking distance to the frontier, the structural shift from industry to services, and demographic changes will put sustained downward pressure on growth, which could slow to 5 percent by 2025 and 4 percent by 2030. Digitalization, SOE reform, and services sector opening up could be three major forces boosting future growth, while the risks of a financial crisis and a reversal in global integration in trade and technology could slow the pace of convergence. |
| expand business to china: Xi Jinping: A Lowy Institute Paper: Penguin Special Richard McGregor, 2019-07-16 Xi Jinping has transformed China at home and abroad with a speed and aggression that few foresaw when he came to power in 2012. Finally, he is meeting resistance, both at home among disgruntled officials and disillusioned technocrats, and abroad from an emerging coalition of Western nations that seem determined to resist China’s geopolitical and high-tech expansion. With the United States and China at loggerheads, Richard McGregor outlines how the world came to be split in two. |
| expand business to china: China¿s Economic Conditions Wayne M. Morrison, 2010-10 Since the initiation of economic reforms and trade liberalization 30 years ago, China has been one of the world¿s fastest-growing economies and has emerged as a major economic and trade power. China¿s economy and economic policies are of major concern to many U.S. policymakers. Contents of this report: Most Recent Developments; An Overview of China¿s Economic Development; Measuring the Size of China¿s Economy; Foreign Direct Investment in China; China¿s Trade Patterns; China¿s Growing Overseas Direct Investment; Major Long-Term Challenges Facing the Chinese Economy; Fallout From the Current Global Financial Crisis. Charts and tables. |
| expand business to china: To Get Rich Is Glorious Jacques deLisle, Avery Goldstein, 2019-09-24 In 1978, China launched economic reforms that have resulted in one of history’s most dramatic national transformations. The reforms removed bureaucratic obstacles to economic growth and tapped China’s immense reserves of labor and entrepreneurial talent to unleash unparalleled economic growth in the country. In the four decades since, China has become the world’s second-largest economy after the United States, and a leading force in international trade and investment. As the contributors to this volume show, China also faces daunting challenges in sustaining growth, continuing its economic ransformation, addressing the adverse consequences of economic success, and dealing with mounting suspicion from the United States and other trade and investment partners. China also confronts risks stemming from the project to expand its influence across the globe through infrastructure investments and other projects under the Belt and Road Initiative. At the same time, China’s current leader, Xi Jinping, appears determined to make his own lasting mark on the country and on China’s use of its economic clout to shape the world around it. |
| expand business to china: China's Growth and Integration Into the World Economy Eswar Prasad, 2004-06-17 China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s macroeconomy and economic structure. It also surveys the main policy challenges that will need to be addressed for China to maintain sustained high growth and continued global integration. |
| expand business to china: China Goes West Joel Backaler, 2016-04-30 Presenting an unrivalled perspective into the inner-workings of Chinese corporations and their expansion plans for international markets, this book combines executive interviews and first-hand accounts providing the sorely needed context to the rise of Chinese companies in home and overseas markets and how the West can successfully compete. |
| expand business to china: China's Soft Power and International Relations Hongyi Lai, Yiyi Lu, 2012 This book provides a comprehensive overview of China's use of soft power and assesses the impact this is having on the world and on the process of international relations. |
| expand business to china: Invisible China Scott Rozelle, Natalie Hell, 2020-09-29 A study of how China’s changing economy may leave its rural communities in the dust and launch a political and economic disaster. As the glittering skyline in Shanghai seemingly attests, China has quickly transformed itself from a place of stark poverty into a modern, urban, technologically savvy economic powerhouse. But as Scott Rozelle and Natalie Hell show in Invisible China, the truth is much more complicated and might be a serious cause for concern. China’s growth has relied heavily on unskilled labor. Most of the workers who have fueled the country’s rise come from rural villages and have never been to high school. While this national growth strategy has been effective for three decades, the unskilled wage rate is finally rising, inducing companies inside China to automate at an unprecedented rate and triggering an exodus of companies seeking cheaper labor in other countries. Ten years ago, almost every product for sale in an American Walmart was made in China. Today, that is no longer the case. With the changing demand for labor, China seems to have no good back-up plan. For all of its investment in physical infrastructure, for decades China failed to invest enough in its people. Recent progress may come too late. Drawing on extensive surveys on the ground in China, Rozelle and Hell reveal that while China may be the second-largest economy in the world, its labor force has one of the lowest levels of education of any comparable country. Over half of China’s population—as well as a vast majority of its children—are from rural areas. Their low levels of basic education may leave many unable to find work in the formal workplace as China’s economy changes and manufacturing jobs move elsewhere. In Invisible China, Rozelle and Hell speak not only to an urgent humanitarian concern but also a potential economic crisis that could upend economies and foreign relations around the globe. If too many are left structurally unemployable, the implications both inside and outside of China could be serious. Understanding the situation in China today is essential if we are to avoid a potential crisis of international proportions. This book is an urgent and timely call to action that should be read by economists, policymakers, the business community, and general readers alike. Praise for Invisible China “Stunningly researched.” —TheEconomist, Best Books of the Year (UK) “Invisible China sounds a wake-up call.” —The Strategist “Not to be missed.” —Times Literary Supplement (UK) “[Invisible China] provides an extensive coverage of problems for China in the sphere of human capital development . . . the book is rich in content and is not constrained only to China, but provides important parallels with past and present developments in other countries.” —Journal of Chinese Political Science |
| expand business to china: The One Hour China Book Jeffrrey Alan Towson, Jonathan R. Woetzel, 2014-01-14 One hour with this book will make you an expert on business in China. - Dick Gephardt, Majority-Minority Leader, U.S. House of Representatives, 1989-2002 Without question, the best 60 minutes you will spend on China. - Jonathan Anderson, Emerging Markets Advisors This is the China book for everyone - whether an expert or novice. It can be read in an hour and gives you most of what you need to know about China business today - and its increasing impact on the rest of the world. This speed-read book is the distilled knowledge of two Peking University business professors with over 30 years of experience on the ground in China and the emerging markets. According to authors Jeffrey Towson and Jonathan Woetzel, if we had the undivided attention of someone from Ohio, Brighton or Lima for just one hour, this little book is what we would say. Author Jonathan Woetzel is a senior partner of McKinsey & Company. He opened McKinsey's Shanghai location in 1995 and has been resident since then. He currently the global leader of its Cities Special Initiative and the Asia-based Director of the McKinsey Global Institute. He has led many of the Firm's most significant projects in China including the first major international listing of a Chinese company and the development of the economic plans for the cities of Shanghai, Wuhan, Shenzhen, Xian and Harbin among others. He co-chairs the Urban China Initiative along with Tsinghua University and Columbia University to catalyze the next stage of China's urbanization. Author Jeffrey Towson is a private equity investor, professor and best-selling author. His area of expertise is developing economy investing and cross-border strategies - primarily US-China deals in healthcare and consumer products. He was previously Head of Direct Investments for Middle East North Africa and Asia Pacific for Prince Alwaleed, nicknamed by Time magazine the Arabian Warren Buffett and arguably the world's first private global investor. |
| expand business to china: Capitalism at Risk, Updated and Expanded Joseph L. Bower, Herman B. Leonard, Lynn S. Paine, 2020-06-30 Q. Who should take the lead in fixing market capitalism? A. Business—not government alone. The spread of capitalism worldwide has made people wealthier than ever before. But capitalism's future is far from assured. Pandemics, income inequality, resource depletion, mass migrations from poor to rich countries, religious fundamentalism, the misuse of social media, and cyberattacks—these are just a few of the threats to continuing prosperity that we see dominating the headlines every day. How can capitalism be sustained? And who should spearhead the effort? Critics turn to government. In their groundbreaking book, Capitalism at Risk, Harvard Business School professors Joseph Bower, Herman Leonard, and Lynn Paine argue that while robust governments must play a role, leadership by business is essential. For enterprising companies—whether large multinationals, established regional players, or small startups—the current threats to market capitalism present important opportunities. In this updated and expanded edition of Capitalism at Risk, Bower, Leonard, and Paine set forth a renewed and more urgent call to action. With three additional chapters and a new preface, the authors explain how the eleven original disruptors of the global market system clash with the digital age, and they provide lessons on how to take action. Presenting examples of companies already making a difference, Bower, Leonard, and Paine show how business must serve both as innovator and activist—developing corporate strategies that effect change at the community, national, and international levels. Filled with rich insights, this new edition of Capitalism at Risk presents a compelling and constructive vision for the future of market capitalism. |
| expand business to china: Schism Paul Blustein, 2019-09-10 China's entry into the World Trade Organization (WTO) in 2001 was heralded as historic, and for good reason: the world's most populous nation was joining the rule-based system that has governed international commerce since World War II. But the full ramifications of that event are only now becoming apparent, as the Chinese economic juggernaut has evolved in unanticipated and profoundly troublesome ways. In this book, journalist Paul Blustein chronicles the contentious process resulting in China's WTO membership and the transformative changes that followed, both good and bad - for China, for its trading partners, and for the global trading system as a whole. The book recounts how China opened its markets and underwent far-reaching reforms that fuelled its economic takeoff, but then adopted policies - a cheap currency and heavy-handed state intervention - that unfairly disadvantaged foreign competitors and circumvented WTO rules. Events took a potentially catastrophic turn in 2018 with the eruption of a trade war between China and the United States, which has brought the trading system to a breaking point. Regardless of how the latest confrontation unfolds, the world will be grappling for decades with the challenges posed by China Inc. |
| expand business to china: Why Nations Fail Daron Acemoglu, James A. Robinson, 2013-09-17 Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including: - China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? - Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority? - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world. |
| expand business to china: In the Shadow of the Dragon Winter Nie, William Dowell, Abraham Lu, 2012-05-15 That China has long dominated the lower end of the US manufacturing industry is old news. But authors Winter Nie and William Dowell enlighten readers to the looming reality that China’s extending global reach now threatens to squeeze out higher-end manufacturing markets, too--including technology, financial services, transportation, and energy. From the cost-efficiency of the Chinese marketplace, to the country’s strong business relationships and more efficient, fast-paced economy, to the enormous scale of China’s manufacturing industry, this emerging multinational powerhouse poses fierce competition to US manufacturers. Based on interviews with Chinese business leaders and original case studies, In the Shadow of the Dragon is provides meticulously researched exposés of the most competitive companies in China, including profiles of key players, insights into subtle yet powerful strategies used to gain market dominance, an understanding of the Chinese approach to going global, and an analysis of the Chinese way of innovation. In a world where only the best and quickest can survive, you’ll learn when it’s time to compete head-to-head and when you should choose instead to form alliances with Chinese partners. Part primer, part survival guide, In the Shadow of the Dragon lays bare China’s perspective and vision of the world to help the West respond more strategically. |
| expand business to china: Doing Business in China Giles Chance, 2022-12-20 Extensively revised, the fifth edition of this successful textbook offers a practical framework for approaching and carrying out business in China. Building on the strengths of the previous editions and on the 30-year China business experience of the author, the book provides a guide to market entry, managing operations, and marketing in this unique social and cultural environment, including: Why foreign businesses in China need to understand and interact with government in China, both central and local, and how best to do this New and revised case studies, including case studies on successful companies entering and operating in China such as Volkswagen, Hermes, Honeywell and Diageo An in-depth focus on internet marketing in China Choosing business partners and negotiating Dos and don’ts. Updated to include information on new government policy on trade partnerships, commercial law, and anti-corruption drives, the fifth edition of Doing Business in China will continue to be the preferred text for international students of Chinese business and management studies and for practitioners with an eye on China. |
| expand business to china: The Transformation of Huawei Xiaobo Wu, Johann Peter Murmann, Can Huang, Bin Guo, 2020-04-09 Reveals how Huawei has developed the ability to continually transform as a company by developing dynamic capabilities and change-supporting values. |
| expand business to china: China's Electronics Industry Michael Pecht, 2007-01 Electronics has been a Chinese pillar of success and is now the largest industry in China with growth of nearly twenty percent annually. China is the world's number one producer of TVs, recorders, DVD players, telephones, calculators, refrigerators, and air conditioners. China also has the number one cellular phone market, is number two in IC consumption, and is the third largest PC producer. Entry into the WTO is leading to economic liberalization, simplification of the licensing and foreign investment policies, and targeted government funding in electronics R&D. Massive incentives are being provided for electronics development projects and customs duties have been reduced on all electronics equipment. This report on China's electronics industry comprehensively documents the technologies, manufacturing, capabilities, and infrastructure that have made, and continues to make, China a major player in the electronics industry. This book provides data and reports on semiconductors, electronic packages, printed circuit boards, computer hardware and software, telecommunications, and various electronic systems. Other topics include the role of research government, associations, research organizations, educational institutions, science and technology information networks, as well as the pros and cons of western electronics companies establishing an infrastructure in China. Electronics has been a Chinese pillar of success and is now the largest industry in China with growth of nearly twenty percent annually. China is the world's number one producer of TVs, recorders, DVD players, telephones, calculators, refrigerators, and air conditioners. China also has the number one cellular phone market, is number two in IC consumption, and is the third largest PC producer. Entry into the WTO is leading to economic liberalization, simplification of the licensing and foreign investment policies, and targeted government funding in electronics R&D. Massive incentives are being provided for electronics development projects and customs duties have been reduced on all electronics equipment. This report on China's electronics industry comprehensively documents the technologies, manufacturing, capabilities, and infrastructure that have made, and continues to make, China a major player in the electronics industry. This book provides data and reports on semiconductors, electronic packages, printed circuit boards, computer hardware and software, telecommunications, and various electronic systems. Other topics include the role of research government, associations, research organizations, educational institutions, science and technology information networks, as well as the pros and cons of western electronics companies establishing an infrastructure in China. |
| expand business to china: China's Belt and Road: A Game Changer? Alessia Amighini (a cura di), 2017-07-11 Officially announced by Xi Jinping in 2013, the Belt and Road Initiative (BRI) has since become the centrepiece of China’s economic diplomacy. It is a commitment to ease bottlenecks to Eurasian trade by improving and building networks of connectivity across Central and Western Asia, where the BRI aims to act as a bond for the projects of regional cooperation and integration already in progress in Southern Asia. But it also reaches out to the Middle East as well as East and North Africa, a truly strategic area where the Belt joins the Road. Europe, the end-point of the New Silk Roads, both by land and by sea, is the ultimate geographic destination and political partner in the BRI. This report provides an in-depth analysis of the BRI, its logic, rationale and implications for international economic and political relations. |
| expand business to china: Global Business Strategy Kazuyuki Motohashi, 2015-03-25 This book presents theories and case studies for corporations in developed nations, including Japan, for designing strategies to maximize opportunities and minimize threats in business expansion into developing nations. The case studies featured here focus on Asia, including China and India, and use examples of Japanese manufacturers. Five case studies are provided, including Hitachi Construction Machinery and Shiseido in China and Maruti Suzuki in India. These cases facilitate the reader’s understanding of the business environments in emerging economies. This volume is especially recommended for business people responsible for international business development, particularly in China and India. In addition, the book serves as a useful resource for students in graduate-level courses in international management. |
| expand business to china: Smart Business Ming Zeng, 2018-08-14 How Strategy Works in an Interconnected, Automated World Leaders already know that the classic approach to strategy--analyze, plan, execute--is losing relevance. But they don't yet know what replaces it. As everyone and everything becomes more interconnected and digitized, how do you operate, compete, and win? Ming Zeng, the former Chief of Staff and strategy adviser to Alibaba Group's founder Jack Ma, explains how the latest technological developments, such as artificial intelligence, machine learning, the mobile internet, and cloud computing are redefining how value is created. Written especially for those outside the technology industry or the startup arena, this book introduces a simple, overarching framework to guide strategy formulation and execution in this data-rich and highly interactive environment. Revealing the revolutionary practices that he and his team have developed at Alibaba, Zeng shows how to: Automate decisions through machine learning Create products informed by real-time data from customers Determine the right strategic positioning to maximize value from platforms and suppliers Repurpose your organization to further human insight and enable creativity Lead your company's transformation into a smart business With insights into the strategies and tools used by leaders at Alibaba and other companies such as Ruhan and Red Collar, in a variety of industries from furniture making to banking to custom tailoring, Smart Business outlines a radically new approach to strategy that can be applied everywhere. |
| expand business to china: China’s Digital Economy: Opportunities and Risks Ms.Longmei Zhang, Ms.Sally Chen, 2019-01-17 China’s digital economy has expanded rapidly in recent years. While average digitalization of the economy remains lower than in advanced economies, digitalization is already high in certain regions and sectors, in particular e-commerce and fintech, and costal regions. Such transformation has boosted productivity growth, with varying impact on employment across sectors. Going forward, digitalization will continue to reshape the Chinese economy by improving efficiency, softening though not reversing, the downward trend of potential growth as the economy matures. The government should play a vital role in maximizing the benefits of digitalization while minimizing related risks, such as potential labor disruption, privacy infringement, emerging oligopolies, and financial risks. |
| expand business to china: China's Entry to the WTO Peter Drysdale, Ligang Song, 2000 This volume provides a detailed up-to-date analysis of the strategic issues and policy options of China's accession to the WTO. Quantitative analysis demonstrates how tariff reduction resulting from China's accession to the WTO will benefit the Chinese economy as well as the rest of the world. The book argues that there is no single trade policy initiative likely to result in larger gains in international trade in the foreseeable future than China's accession to the WTO. |
| expand business to china: The End of Corporate Imperialism C. K. Prahalad, Kenneth Lieberthal, 2008-11-10 Hundreds of millions of people in China, India, Indonesia, and Brazil are eager to enter the marketplace. Yet multinational companies typically pitch their products to emerging markets' tiny segment of affluent buyers, and thus miss out on much larger markets further down the socioeconomic pyramid—which local rivals snap up. By applying the authors' recommendations, you can position yourself to compete innovatively in developing countries—and to unlock major new sources of revenue for your business. Since 1922, Harvard Business Review has been a leading source of breakthrough ideas in management practice. The Harvard Business Review Classics series now offers you the opportunity to make these seminal pieces a part of your permanent management library. Each highly readable volume contains a groundbreaking idea that continues to shape best practices and inspire countless managers around the world. |
| expand business to china: Innovative China Development Research Center of the State Council, World Bank Group, 2019 After more than three decades of average annual growth close to 10 percent, China's economy is transitioning to a 'new normal' of slower but more balanced and sustainable growth. Its old drivers of growth -- a growing labor force, the migration from rural areas to cities, high levels of investments, and expanding exports -- are waning or having less impact. China's policymakers are well aware that the country needs new drivers of growth. This report proposes a reform agenda that emphasizes productivity and innovation to help policymakers promote China's future growth and achieve their vision of a modern and innovative China. The reform agenda is based on the three D's: removing Distortions to strengthen market competition and enhance the efficient allocation of resources in the economy; accelerating Diffusion of advanced technologies and management practices in China's economy, taking advantage of the large remaining potential for catch-up growth; and fostering Discovery and nurturing China's competitive and innovative capacity as China approaches OECD incomes in the decades ahead and extends the global innovation and technology frontier. |
| expand business to china: The Chinese Navy Institute for National Strategic Studies, 2011-12-27 Tells the story of the growing Chinese Navy - The People's Liberation Army Navy (PLAN) - and its expanding capabilities, evolving roles and military implications for the USA. Divided into four thematic sections, this special collection of essays surveys and analyzes the most important aspects of China's navel modernization. |
| expand business to china: Learning from SARS Institute of Medicine, Board on Global Health, Forum on Microbial Threats, 2004-04-26 The emergence of severe acute respiratory syndrome (SARS) in late 2002 and 2003 challenged the global public health community to confront a novel epidemic that spread rapidly from its origins in southern China until it had reached more than 25 other countries within a matter of months. In addition to the number of patients infected with the SARS virus, the disease had profound economic and political repercussions in many of the affected regions. Recent reports of isolated new SARS cases and a fear that the disease could reemerge and spread have put public health officials on high alert for any indications of possible new outbreaks. This report examines the response to SARS by public health systems in individual countries, the biology of the SARS coronavirus and related coronaviruses in animals, the economic and political fallout of the SARS epidemic, quarantine law and other public health measures that apply to combating infectious diseases, and the role of international organizations and scientific cooperation in halting the spread of SARS. The report provides an illuminating survey of findings from the epidemic, along with an assessment of what might be needed in order to contain any future outbreaks of SARS or other emerging infections. |
| expand business to china: The State Strikes Back Nicholas R. Lardy, 2019-01-01 China's extraordinarily rapid economic growth since 1978, driven by market-oriented reforms, has set world records and continued unabated, despite predictions of an inevitable slowdown. In The State Strikes Back: The End of Economic Reform in China?, renowned China scholar Nicholas R. Lardy argues that China's future growth prospects could be equally bright but are shadowed by the specter of resurgent state dominance, which has begun to diminish the vital role of the market and private firms in China's economy. Lardy's book arrives in timely fashion as a sequel to his pathbreaking Markets over Mao: The Rise of Private Business in China, published by PIIE in 2014. This book mobilizes new data to trace how President Xi Jinping has consistently championed state-owned or controlled enterprises, encouraging local political leaders and financial institutions to prop up ailing, underperforming companies that are a drag on China's potential. As with his previous book, Lardy's perspective departs from conventional wisdom, especially in its contention that China could achieve a high growth rate for the next two decades—if it reverses course and returns to the path of market-oriented reforms. |
| expand business to china: The Uses and Abuses of Weaponized Interdependence Daniel W. Drezner, Henry Farrell, Abraham L. Newman, 2021-03-02 How globalized information networks can be used for strategic advantage Until recently, globalization was viewed, on balance, as an inherently good thing that would benefit people and societies nearly everywhere.Now there is growing concern that some countries will use their position in globalized networks to gain undue influence over other societies through their dominance of information and financial networks, a concept known as “weaponized interdependence.” In exploring the conditions under which China, Russia, and the United States might be expected to weaponize control of information and manipulate the global economy, the contributors to this volume challenge scholars and practitioners to think differently about foreign economic policy, national security, and statecraft for the twenty-first century. The book addresses such questions as: What areas of the global economy are most vulnerable to unilateral control of informationand financial networks? How sustainable is the use of weaponized interdependence? What are the possible responses from targeted actors? And how sustainable is the open global economy if weaponized interdependence becomes a default tool for managing international relations? |
| expand business to china: How to Get Rich Doing Business in China Patrick W. Nee, 2014-02-03 Welcome to the How to Get Rich Doing Business in China series: The key to a successful business is knowing the markets. HOW TO GET RICH DOING BUSINESS IN CHINA: BUSINESS GUIDE AND CONTACTS offers executives, investors, and entrepreneurs the need-to-know information about doing business in China. Written as an in-depth, straightforward reference guide, this book lists key information about the Chinese market, its challenges, and opportunities. It then looks into a dozen of China’s leading industries, their backgrounds, current situation, and projected course. HOW TO GET RICH DOING BUSINESS IN CHINA: BUSINESS GUIDE AND CONTACTS concludes with a comprehensive list of companies and their primary information. Supplied are company logos, contacts, addresses, and brief summaries of any specialties. Whether you are looking to break into international business or need to update your knowledge on Chinese markets— this comprehensive guide is for you. The Internationalist |
| expand business to china: The Focused Organization Mr Antonio Nieto-Rodriguez, 2012-09-28 In The Focused Organization Antonio Nieto-Rodriguez shows you how fewer, more effectively elected and managed projects are the key to strategic and long-term success. Using his own research and work experience he explains how and why those organizations that focus on just a few key initiatives can perform significantly better than unfocused organizations, not only financially but also in achieving their strategic objectives and motivating their staff. The author introduces a new way of looking at a company through two very different and often conflicting dimensions: running-the-business and changing-the-business. What you add to one dimension you have to subtract from the other one. Finding the right balance between these two dimensions represents one of the major challenges to successful strategy execution. Becoming a focused organization involves a radical change in the way companies are organized and the way they select and manage projects - the creation of a new culture. The Focused Organization discusses the characteristics that comprise a focused organization. It describes key areas where a focused organization builds its levels of maturity; provides examples of focused organizations that outperform the rest; and explains in practical steps how all enterprises can become focused. The book finishes with a unique and inspiring case study that transports us to the early days of the current business world. Through the main character, Benny White, we learn how a business was conducted and how management evolved over decades with the introduction of business theories, including project management. |
| expand business to china: The Rise of China's Industrial Policy, 1978 To 2020 Barry Naughton, 2021-04-15 |
| expand business to china: Attention Factory Matthew Brennan, 2020-10-10 How did Tik Tok rise so fast? Who's really behind China's first truly global internet giant? In 2012, ByteDance was just a handful of geeks working out of a scrappy four-bedroom Beijing apartment. Today, it's the world's fastest-growing tech behemoth worth over $100 billion. Written by China internet specialist and internationally recognized speaker Matthew Brennan and edited by TechCrunch journalist Rita Liao. Attention Factory is packed with over 300 pages of original analysis and exclusive reporting that you cannot find elsewhere. The rise and fall of Vine and Musical.ly The company's iconic founder, Zhang Yiming The original China version of TikTok--Douyin ByteDance's first flagship app, Toutiao The power of short video memes And so much more... Discover how recommendation engines, content operations, and good old China-style growth hacking hold the key to this company's success. A creative blend of storytelling and analysis, Attention Factory is perfect for business professionals, technology firm investors, and anyone passionate about how the internet is impacting our lives. Get it now. |
How do I expand subfolders Windows 11. - Microsoft Community
Jan 4, 2024 · For reasons unknown, Windows does not provide an "expand all" right-click option when you're in the Navigation pane, even though it has that functionality built-in. It's available …
expand与extend的意思区别是什么？ - 知乎
expand 和 extend ，字面上的中文意思都有延伸，扩展。但用法却不一样. 先说说expand。有扩展，膨胀的意思。可以用于物理现象，健身运动时的肌肉扩张，人口增加等。 还可用于扩展｛ …
How can I expand and collapse from the content page?
Mar 6, 2023 · Click the triangle to collapse the body text and subheadings below it. Click the triangle again to expand that part of the document. To collapse or expand all the headings in …
how to extend C drive Windows 10 - Microsoft Community
May 20, 2020 · Harassment is any behavior intended to disturb or upset a person or group of people. Threats include any threat of violence, or harm to another.
How to expand folder in Quick Access in the Navigation Panel in …
Feb 4, 2023 · So, I tried the Expand to open folder option and it only unleashed a chaos in the navigation panel - firstly, it only seems to unfold the folder that is currently or recently opened; …
How to Add and Use a Second Monitor in Windows 11 and …
Oct 24, 2021 · To identify which monitor you are on, expand Multiple displays, then click the Identify button. A number will appear on screen temporarily to help you know which monitor is …
How to re-enable the "Expand to Open Folder" option?
Sep 30, 2023 · It would also expand to show all subfolders in the bottom section of the navigation pane. I suspect this is what this thread is about. Whether it is or not, this is annoying. The right …
Project 2016: Is there a way to expand all tasks in the project and ...
Yes, you should be able to expand all tasks at View > Data group > Outline > All Subtasks. However, this will only allow you to expand all, as far as I know, there is no way to collapse all …
How can I expand the range of a pivot table? - Microsoft Community
I am trying to expand the range of a pivot table, without having to recreate the entire pivot, which would be a LOT easier! Thanks!
Error: cannot expand the folder ( Outlook) - Microsoft Community
Jul 24, 2018 · Hi jLiangCMHA, Based on my experience, you can try to turn off the cache mode and check whether it works, it will update the mailbox with the server that runs Microsoft …
How do I expand subfolders Windows 11. - Microsoft Community
Jan 4, 2024 · For reasons unknown, Windows does not provide an "expand all" right-click option when you're in the Navigation pane, even though it has that functionality built-in. It's available …
expand与extend的意思区别是什么？ - 知乎
expand 和 extend ，字面上的中文意思都有延伸，扩展。但用法却不一样. 先说说expand。有扩展，膨胀的意思。可以用于物理现象，健身运动时的肌肉扩张，人口增加等。 还可用于扩展｛ …
How can I expand and collapse from the content page?
Mar 6, 2023 · Click the triangle to collapse the body text and subheadings below it. Click the triangle again to expand that part of the document. To collapse or expand all the headings in …
how to extend C drive Windows 10 - Microsoft Community
May 20, 2020 · Harassment is any behavior intended to disturb or upset a person or group of people. Threats include any threat of violence, or harm to another.
How to expand folder in Quick Access in the Navigation Panel in …
Feb 4, 2023 · So, I tried the Expand to open folder option and it only unleashed a chaos in the navigation panel - firstly, it only seems to unfold the folder that is currently or recently opened; …
How to Add and Use a Second Monitor in Windows 11 and …
Oct 24, 2021 · To identify which monitor you are on, expand Multiple displays, then click the Identify button. A number will appear on screen temporarily to help you know which monitor is …
How to re-enable the "Expand to Open Folder" option?
Sep 30, 2023 · It would also expand to show all subfolders in the bottom section of the navigation pane. I suspect this is what this thread is about. Whether it is or not, this is annoying. The right …
Project 2016: Is there a way to expand all tasks in the project and ...
Yes, you should be able to expand all tasks at View > Data group > Outline > All Subtasks. However, this will only allow you to expand all, as far as I know, there is no way to collapse all …
How can I expand the range of a pivot table? - Microsoft Community
I am trying to expand the range of a pivot table, without having to recreate the entire pivot, which would be a LOT easier! Thanks!
Error: cannot expand the folder ( Outlook) - Microsoft Community
Jul 24, 2018 · Hi jLiangCMHA, Based on my experience, you can try to turn off the cache mode and check whether it works, it will update the mailbox with the server that runs Microsoft …
