The China Strategy: Harnessing the Power of the World’s Fastest-Growing Economy PDF
Preview The China Strategy: Harnessing the Power of the World’s Fastest-Growing Economy
$* ■ -'H HARNESSING THE POWER OF THE WORLD’S FASTEST-GROWING ECONOMY EDWARD TSE $26.95 US / $3 3.95 CAN N o major enterprise or financial institution can avoid doing business with China—if not directly, then through myriad hidden connections. Global businesses either use Chinese resources or sell to and in China or compete with companies that do. Because there’s no avoiding China, business leaders need a framework that orders the different (and seemingly contradictory) streams of data that hint at its future. That framework is The China In this invaluable book, Edward Tse explains the ever-changing nature of China’s business environment, its increasingly complex relationship with the rest of the world, and the global business implications—not just for our current environment, but for the next decade. Change, Tse argues, is taking place non-linearly. Some dimensions (like Chinese entrepreneurship) are expanding exponentially, while others (like the value of China’s labor arbitrage) may be reaching a plateau. Eschewing easy explanations, Tse shows how to build and execute a global business strategy in light of these changes, offering practical advice amidst a sea of simple books that offer too-quick solutions. In a world in which a successful business strategy means a successful China strategy, this book is uniquely positioned to help business leaders navigate the “country that cannot be ignored.” THE CHINA STRATEGY Digitized by the Internet Archive in 2018 with funding from Kahle/Austin Foundation https://archive.org/details/chinastrategyharOOOOtsee THE CHINA STRATEGY Harnessing the Power of the Worlds Fastest-Growing Economy WITHDRAWN EDWARD TSE BASIC B BOOKS A Member of the Perseus Books Group New York ROCKFOi Copyright © 2010 by Booz & Company Inc. Published by Basic Books, A Member of the Perseus Books Group All rights reserved. Printed in the United States of America. No part of this book may be reproduced in any manner whatsoever without written permission except in the case of brief quotations embodied in critical articles and reviews. For information, address Basic Books, 387 Park Avenue South, New York, NY 10016-8810. Books published by Basic Books are available at special discounts for bulk purchases in the United States by corporations, institutions, and other organizations. For more information, please contact the Special Markets Department at the Perseus Books Group, 2300 Chestnut Street, Suite 200, Philadelphia, PA 19103, or call (800) 810—4145, ext. 5000, or e-mail [email protected]. Designed by Brent Wilcox Library of Congress Cataloging-in-Publication Data Tse, Edward. The China strategy : how to win the new game of global enterprise / Edward Tse. p. cm. Includes bibliographical references and index. ISBN 978-0-465-01825-3 (alk. paper) 1. New business enterprises—China. 2. Economic development—China. 3. China—Economic policy—21st century. 4. Cities and towns—Growth. 5. Globalization—China. I. Title. HD62.5.T77 2009 330.973—dc22 2009040369 10 987654321 , To Grace Karen, and Kevin CONTENTS CHAPTER 1 The Country That Cannot Be Ignored 1 Open China 27 CHAPTER 2 CHAPTER 3 Entrepreneurial China 55 Official China 89 CHAPTER 4 One World 113 CHAPTER 5 Vision 137 CHAPTER 6 Versatility 167 CHAPTER 7 Vigilance 195 CHAPTER 8 The Chinese Renaissance 217 EPILOGUE Notes 223 Acknowledgments 231 Index 235 I Vii |
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