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Leveraging its absolute power, low human rights advantage, and tolerance by other countries, the Chinese Communist Party has transformed China into a giant corporation. Living and working is not a right, but a privilege granted by the party. State-owned firms are business units or subsidiaries, private firms are joint ventures, and foreign firms are franchisees of the party. 'China, Inc.' enjoys the agility of a firm and the vast resources of a state. Meanwhile, foreign firms competing with Chinese firms can find themselves matched against the mighty Chinese state. The Rise of China, Inc. will interest many readers: it will compel business scholars to rethink state-firm relationships; assist multinational business practitioners in formulating effective strategies; aid policy-makers in countering China's expansion; and inform the public of the massive corporate organisation China has become, and how democracies can effectively deal with it.
1. Introduction: Who lost China?
Part I. The Advantage of Low Human Rights:
2. The political foundation of China's competitiveness and its failure to democratize
3. China's legal system is not about the rule of law: The advantages and limits of the relation-based system
4. Mao plus Deng: A highly aggressive and productive culture
Part II. The Rise of China, Inc.:
5. The emergence of China, inc.
6. China's industrial policy as a corporate strategy of China, Inc
Part III. China, inc.'s Achilles' Heel and the World's Response:
7. The Chinese communist party's dilemmas and solutions
8. Open societies versus closed regime: Who needs whom more?
9. Policy and strategic options for the governments and firms in the democracies
References
Index.
Description
Leveraging its absolute power, low human rights advantage, and tolerance by other countries, the Chinese Communist Party has transformed China into a giant corporation. Living and working is not a right, but a privilege granted by the party. State-owned firms are business units or subsidiaries, private firms are joint ventures, and foreign firms are franchisees of the party. 'China, Inc.' enjoys the agility of a firm and the vast resources of a state. Meanwhile, foreign firms competing with Chinese firms can find themselves matched against the mighty Chinese state. The Rise of China, Inc. will interest many readers: it will compel business scholars to rethink state-firm relationships; assist multinational business practitioners in formulating effective strategies; aid policy-makers in countering China's expansion; and inform the public of the massive corporate organisation China has become, and how democracies can effectively deal with it.
