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Entering the Chinese Market: The Risks and Discounted Rewards
 
 
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Entering the Chinese Market: The Risks and Discounted Rewards [Hardcover]

John Dixon (Author), David Newman (Author)

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Book Description

1567201377 978-1567201376 July 30, 1998

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

Book Description

An unyielding look at the current business environment of contemporary China for the business person considering entering the promising Chinese market.

About the Author

JOHN DIXON is a Senior Lecturer in the Department of Social Policy and Social Work at the University of Plymouth. He is a Senior Research Professor at the Shanghai branch of the International Technology and Economy Institute of the State Council of the People's Republic of China. He is the author of two previous books on China and has served as a consultant to Chinese state enterprises and ministries - DAVID NEWMAN is an Associate Professor in the Faculty of Social Sciences at Lingnan College, Hong Kong. He is the author of two previous books on the future of Hong Kong and has served as a consultant to many international firms.

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Inside This Book (learn more)
First Sentence:
"Right now in China the ownership of ball-point pens averages only 0.5 per person. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
foreign businesspeople, public security officials, public security forces, anticorruption campaign, red chips, corruption case
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Hong Kong, South China Morning Post, Eastern Express, Asian Wall Street Journal, Far Eastern Economic Review, Deng Xiaoping, United States, Business Week, Wang Jun, Zhou Beifang, President Jiang Zemin, Duke Hungary, National People's Congress, State Statistical Bureau, Sunday Morning Post, Boa Zhen, Dongguan Texwinca, Jimmy Lai, Shanghai Yi Min, China Daily, Dalai Lama, Golden Dragon, Zhu Rongji, Lehman Brothers, People's Armed Police
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