China Business

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  • Format: Paperback
  • Copyright: 2000-01-01
  • Publisher: Chinese Univ Pr

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For foreign business to succeed in China, it needs to be better informed of the challenges that China is faced with today. China was a centrally planned economy with very little international ties only three decades ago. Thus, it has to catch up for the lost years when there was neither opportunity to gain management experience nor any meaningful legal and regulatory framework to speak of. China is making up for lost time with unequalled energy and determination. Contributors in this book address a wide range of business issues through their research and present a glimpse on the complexity of doing business in China today. The book consists of four sections: the business environment; management issues; sales and marketing; international business. Contributors are from both business circles and the academia, who have witnessed not only progress but also the pain that has accompanied the path to a market economy.

Table of Contents

Preface ix
China Business: Challenges in the 21st Century
Oliver H. M. Yau
Henry C. Steele
Section I Business Environment in China
The Changing Economic Environment in the People's Republic of China
Kui-Wai Li
The Legal Environment and Business Enterprises in the People's Republic of China
John D. Ho
Stock Markets in China
David Yee-kai Chan
The Basic Framework of Forecasting RMB Exchange Rate: A Qualitative-Fundamental Approach
Mun Kin-chok
Chinese Cultural Values: Their Dimensions and Marketing Implications
Oliver H. M. Yau
Changing Consumer Value in a New Business Environment
Stephen Shek-lam Lau
Section II Business Management in China
Confucianism and Management
H. L. Chan
Anthony Ko
Eddie Yu
Managing Political Risks in the People's Republic of China
H. L. Chan
Motivation and Strategy of Multinational Service Firms: Japanese Multinational Banks in the People's Republic of China
Abby Sin
Thamis W. C. Lo
Section III Marketing in China
Reform of the Distribution System in China
Oliver H. M. Yau
Li Yi-jing
Chain Stores in China: Development, Problems and Prospects
Sha Zhen-quan
Oliver H. M. Yau
Raymond P. M. Chow
Foreign Investment in Tertiary Industries in China: A Retail Sector Perspective
C. S. Tseng
Consumer Behaviour in Retail Services: The Use of Time in Hong Kong and China
Henry C. Steele
Section IV China International Business
Market-Based Financial Accounting Standards in the People's Republic of China: A Point of No Return
Richard A. Maschmeyer
Michael D. DeCelles
Impact of PRC's Tax System and Trade Policy Reform on Foreign Direct Investment
Daniel Kam-tong Li
Gordon R. Walker
T. K. P. Leung
Development of Foreign Technology Imports in China
Zeng Dao-xian
Oliver H. M. Yau
Raymond P. M. Chow
Buying International Technology for New Product Development: An Analysis of Success of Firms in China
Oliver H. M. Yau
Kwaku Atuahene-Gima
Raymond P. M. Chow
Entry Strategies of Multinational Companies in China's Pharma Market: A Case in Competitive Positioning
Gert Bruche
References 473(30)
Contributors 503

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