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China: The Race to Market: What China's Transformation Means for Business, Markets and the New World Order
Contributor(s): Story, Jonathan (Author)
ISBN: 0273663216     ISBN-13: 9780273663218
Publisher: FT Press
OUR PRICE:   $37.99  
Product Type: Paperback - Other Formats
Published: April 2003
Qty:
Temporarily out of stock - Will ship within 2 to 5 weeks
Annotation: China is rapidly becoming the world's next economic giant: by some estimates, the Chinese economy could overtake the US by 2030. Is this truly likely? Or will internal political and cultural obstacles lead the Chinese market economy to fail, causing massive losses for unwary investors? In "China: The Race to Market," a leading expert in assessing investment risks in China offers a comprehensive briefing on what to expect--and what to watch out for. Jonathan Story covers all the forces shaping China's future, offering essential historical and economic context, and showing investors how to shape strategies that maximize opportunity and minimize risk. He addresses a wide range of issues, including: the impact of China's entry into the World Trade Organization; the state-market relationship; the outlook for internal reform and transparency; brand-new rules permitting majority foreign ownership; Sino-American relations, and much more. He also drills down to key industries--including telecommunications, finance, and the automotive industry--showing how these industries are evolving from the viewpoint of Western companies, Chinese competitors, and government authorities alike. From start to finish, "China: The Race to Market" offers intelligent solutions for Western business people seeking long-term success in China's complex and fast-changing environment.
Additional Information
BISAC Categories:
- Business & Economics | International - General
Dewey: 338.951
Physical Information: 0.68" H x 5.94" W x 9.32" (0.93 lbs) 277 pages
 
Descriptions, Reviews, Etc.
Publisher Description:

What China's transformation means for business, markets and the world order

Here is a book on China that places corporations center stage. Story paints the broad canvas of China's transformation in all its dimensions, while providing sound advice to senior management. Here is corporate strategy on a grand scale. A must read.
Par-Anders Pehrson, Vice President Leadership, Ericsson

A very informative analysis of the political and economic transformation taking place in China and how this impacts business decisions, but more generally is a good analysis of China for western audiences.
Eric A.Hyer, Brigham Young University, Utah

Jonathan Story has written an admirably clear, well informed and judiciously timed book that should deservedly attract a wide readership among those seeking a comprehensive yet penetrative knowledge of contemporary China, set in its international context.

Professor Jack Hayward FBA, Chairman, China Programmes, The British Academy.

Making strategies for the business future of China

With WTO membership under its belt and a new leadership emerging, China could be ready to take its place in the global economy as an economic powerhouse. But despite its immense economic progress transformation, the political challenge facing China's leaders could yet undermine the transformation. Is the Chinese dragon about to take flight or run out of puff? How far will this transformation go and what are the implications for business? China's present and future challenge is the business world's future opportunity.

In China; The Race to Market, Jonathan Story helps you and your business to answer three essential questions: what direction is China's development taking? Will china successfully emerge as a world power? And what do we need to know to do business with or invest in the emerging China?

The book provides sharp insights on how to tailor corporate strategies to local conditions, and links public policy, corporate strategy, and markets in a smarter global business perspective.

How can the business world make strategies for a country as multi-faceted and complex as China? The answer requires us to consider the future, where risks and rewards really lie, and to look at a much broader canvas than we conventionally do when we consider business or investment strategy. We have to understand the forces making China's future before we can learn about making business strategy there. Markets, politics, demographics and technology all have a role to play

This book discusses the drivers and possible outcomes for the development of China - covering issues such as Sino-American relations, entry to the World Trade Organisation, the state-market relationship, and internal reform - and sets out a framework for understanding and doing business with the Chinas that emerges.

By covering the politics and economics of China on different levels - international, national, and local - and by digging into history where necessary, the book will offer an informed judgement about where China is heading and what this means for business people. It will also investigate key industry sectors, such as telecoms, finance and automobiles, from the viewpoint of western corporations, Chinese companies, and state or provincial authorities.

A fine and very informative book - Jean-Pierre Cabestan, Director of the French Centre for Research on Contemporary China, Hong Kong

Well-structured, balanced in perspective and profound in analysis.
Li Chunfang, from the Chinese Academy of Social Sciences