International Business in ChinaNelson Lane Kelley, Oded Shenkar The West has long been ignorant of cultural and political processes in China. Today, a growing number of Westerners are becoming aware of China's real and giant potential as a player in the international business arena. As business becomes increasingly international, it is vital to understand the concrete nature of business and underlying attitudes in the world's most populated country. This volume presents a unique view of the major facets of international business in China. It examines the workings of finance and accounting, law, management, and marketing as well as trade, foreign direct investment, and the management of foreign subsidiaries. Discussion of such functional areas is placed firmly in the context of developments in China in recent years, with special emphasis placed on implications for firms doing business in or with China. Succinct, up-to-date analysis is combined with practical guidelines and recommendations for the business person. This highly international book is an important step towards demystification of the workings of international business. The material presented is from leading experts in business from around the world who write from direct experience of business in China. |
Contents
Variations in the economic development of Chinas | 29 |
Chinese enterprise management reforms in | 45 |
The role of the legal environment in doing business in | 63 |
The foreignexchange balancing rule in the Peoples | 88 |
Economic reform and foreign direct investment in China | 109 |
Managing countertrade in the PRC | 137 |
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Common terms and phrases
areas authorities basic behavior billion business in China capital China trade coastal cities Communist companies contract countertrade cultural deal Deng developing countries directors economic reforms equity joint ventures export factory foreign business foreign direct investment foreign exchange foreign investment foreign partner foreign trade forex Fuzhou growth Guangdong Hong Kong Implementation important increase industrial International Business investment in China investors involved issues Japan Japanese joint ventures Joint Ventures Law labor Lianyungang major million RMB MOFERT Nantong negotiations Ningbo open-door policy overseas Party People's Republic percent political problems production profits Qingdao Qinhuangdao regulations relations Republic of China responsibility sector Shanghai Shantou Shenyang Shenzhen Shenzhen SEZ social sojourners special economic zones staff and workers statements Taiwan Tiananmen Square Tianjin tions trade unions ventures in China wage Wenzhou Western Xiamen Yantai Zhanjiang Zhuhai