Entering The Chinese Market

Overview

Before entering the seemingly lucrative Chinese market, investors should be aware of the darkside of the current business environment. The risk of rampant corruption, economic, social and political problems, and threat to personal safety go along with the potential benefits of a thriving economy, rapid growth and swelling consumer demand. Dixon and Newman describe the Chinese business environment and its major players—the People's Liberation Army, the 'princelings'—and 'guanxi' (connections). In addition, they ...

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Overview

Before entering the seemingly lucrative Chinese market, investors should be aware of the darkside of the current business environment. The risk of rampant corruption, economic, social and political problems, and threat to personal safety go along with the potential benefits of a thriving economy, rapid growth and swelling consumer demand. Dixon and Newman describe the Chinese business environment and its major players—the People's Liberation Army, the 'princelings'—and 'guanxi' (connections). In addition, they describe the plight of foreign business people who have recently found themselves in ugly personal situations because of China's lack of internationally accepted business practices and ethics, lack of institutionalized rule of law, and lack of an impartial law enforcement system. They conclude that any prospective business rewards must be discounted by the personal and personnel risks foreign businesses face when dealing with China.

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Editorial Reviews

Booknews
Attempting to balance the optimistic literature extolling the opportunities awaiting foreign investors in China, the authors offer an intentionally pessimistic collection of 74 expos<'e>s (of hazards entrepreneurs have faced in the past) embedded within a text warning of such problems as corruption within the government and the army, piracy, protectionism, kidnappings, and murders. The expos<'e>s are gathered from such sources as , , and . Annotation c. by Book News, Inc., Portland, Or.
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Product Details

  • ISBN-13: 9781567201376
  • Publisher: ABC-CLIO, Incorporated
  • Publication date: 7/30/1998
  • Pages: 158
  • Lexile: 1460L (what's this?)
  • Product dimensions: 6.00 (w) x 9.00 (h) x 0.50 (d)

Meet the Author

JOHN DIXON is a Senior Lecturer in the Department of Social Policy and Social Work at the University of Plymouth.

DAVID NEWMAN presently teaches at Nahoral University of Singapore.

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Table of Contents

List of Exposes
Abbreviations
Preface
1 Doing Business with China: East Does Not Meet West 1
2 Doing Business with China: The Good, the Bad, and the Ugly 7
3 The Chinese Business Environment: The Rules of the Game 27
4 The Chinese Business Environment: The Players in the Game 53
5 The Chinese Legal System: Rule of Man and Rule by Law 77
6 Crimes against Foreign Business Personnel 89
7 A Concluding Word of Warning 121
References and Further Reading 125
Index 127
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