Entering the Chinese Market
The Risks and Discounted Rewards
John Dixon author David Newman author
Format:Hardback
Publisher:Bloomsbury Publishing PLC
Published:17th Jul '98
Currently unavailable, and unfortunately no date known when it will be back
An unyielding look at the current business environment of contemporary China for the business person considering entering the promising Chinese market.
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.
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.
ISBN: 9781567201376
Dimensions: unknown
Weight: unknown
160 pages