The Chinese Century The Rising Chinese Economy and Its Impact on the Global Economy, the Balance of Power, and Your Job,9780131877313

The Chinese Century The Rising Chinese Economy and Its Impact on the Global Economy, the Balance of Power, and Your Job

by
Edition: 1st
ISBN13: 9780131877313
ISBN10: 0131877313
Format: Paperback
Pub. Date: 2004-10-13
Publisher(s): Ft Pr
List Price: $17.99

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Summary

China is restoring its imperial glory by infusing modern technology and market economics into a non-democratic system controlled by the Communist party and bureaucracy. Shenkar shows why China's quest for global success differs radically from predecessors such as Japan, India, and Mexico. A fundamental restructuring of the global business system is occurring . . . and it will transform the roles of all participants in the global economy. Shenkar previews tomorrow's new competitive ground rules, terms of employment, and consumption patterns, showing how Chinese ascendancy is redrawing political, economic, and social battle lines. This book shows what you must do to survive and prosper in "the Chinese Century. "

Author Biography

Oded Shenkar holds degrees in East-Asian Studies and Sociology, as well as a Ph.D. from Columbia University. He is the Ford Motor Company Chair and Professor of Management and Human Resources at the Fisher College of Business at Ohio State University. Professor Shenkar has studied China for over thirty years and is the author of numerous books and articles on Chinese business and management. His work has been cited in the Wall Street Journal, the New York Times, the Financial Times, the Los Angeles Times, the Chicago Tribune, Business Week, and the Economist, among many others. He has also been cited in major Chinese outlets such as the China Daily and Reference News. He is a frequent advisor to multinational corporations, governments, and international organizations on China-related matters.

Table of Contents

Acknowledgments xv
About the Author xvi
Chapter 1 The Dawn of the Chinese Century 1(24)
China in the Global Economy
2(5)
Resources and Capabilities
3(3)
The Synergies of Greater China
6(1)
Coming to America
7(7)
The Chronic Importer
10(1)
The Naïve Trader (or the One with More to Lose)
10(1)
Follow the Curve
11(1)
Foreign-Generated and "SelfInflicted" Imports
12(1)
The Currency Play
13(1)
China Takes on the World
14(3)
The World's Factory
17(2)
The Export Imperative
18(1)
Where the Jobs Are
19(1)
A Consumer Paradise
20(1)
The Coming Realignment
21(4)
Chapter 2 The Middle Kingdom 25(16)
An Imperial (But Not Imperialist) Heritage
26(5)
The Imperial Bureaucracy
27(2)
China and Its Neighbors
29(1)
The Imperial Imprint
30(1)
The Modern Era: China and the Foreign Powers
31(2)
The Shadow of Humiliation
32(1)
China Under Communism
33(1)
The Communist Imprint
33(1)
The Reform Period
34(1)
Lofty Aspirations
35(6)
National Symbols
36(1)
Political Aspirations
37(1)
Economic Aspirations
38(3)
Chapter 3 Like No Other 41(18)
Is China a New Japan?
43(7)
Analogies of Response
45(2)
Japan, China, and the Limits of Analogy
47(2)
The Innovation Imperative
49(1)
Dragons, Large and Small
50(5)
Hong Kong
51(1)
Taiwan
52(1)
Singapore
53(1)
South Korea
53(1)
The Asian Crisis, Misinterpreted
54(1)
China and India: A Tale of Two Nations
55(4)
Chapter 4 From Socks to Aircraft 59(22)
The Technology Legacy
61(3)
Inventions But No Science
61(1)
The Price of Falling Behind
62(1)
Technology by Decree: The Central Planning Legacy
63(1)
Climbing the Technology Ladder
64(2)
Leveraging Foreign Investment
66(6)
Technology Transfer Incentives
67(2)
Learning from the Barbarians
69(1)
Indigenous Innovation: Still a Dream
69(2)
Developing Research Capabilities
71(1)
Upgrading China's "Humanware"
72(4)
Transforming the Educational System
73(2)
The Return of the "Turtles"
75(1)
Bringing Technology to the Enterprise
76(5)
OEM, ODM, OBM
77(2)
Technology as a Freebie
79(2)
Chapter 5 The Two-Dollar Rolex 81(20)
Yankee Footprints
82(2)
Piracy, Counterfeiting, and the Like
83(1)
The Costs and Benefits of Knock-Offs
84(2)
An Industry in the Making
86(5)
Institutional and Legacy Factors
87(2)
The Organization of Fake Production
89(2)
Pirating "Digitized" Products
91(2)
The Enforcement Failure
93(1)
The Globalization of Piracy and Counterfeiting
94(2)
Going Forward
96(5)
Navigating Pirate Seas
97(4)
Chapter 6 The Business Challenge 101(20)
Industry Tales
103(5)
America's Clothier
103(3)
Furniture from Afar
106(2)
The Geography of the China Impact
108(6)
Holding Its Own: The European Union
108(1)
The Invasion of Japan
109(1)
Mexico Undone
110(3)
Friends and Foes: ASEAN and Beyond
113(1)
What's Coming
114(2)
Preparing for the Chinese Century
116(5)
A New Game Plan
116(2)
If You Can't Beat Them
118(3)
Chapter 7 East, East, and Away: Where the Jobs Are 121(24)
Job Migration: Myth and Fact
123(4)
Job Migration and Job Losses
124(1)
In Context
125(2)
Who Benefits?
127(2)
Macro Promise, Micro Reality
128(1)
The Economics of Job Migration
129(3)
Here We Go Again?
132(2)
China and the Global Labor Market
134(5)
China's Job Impact
135(4)
Is Your Job in Jeopardy?
139(6)
Politics and Policies
140(1)
Navigating the New Job Landscape
141(51)
Up (or Down) the Ladder
192
Chapter 8 A TV from Sichuan 145(16)
The Factory to the World Meets the Consumer of the World
147(2)
The Nation of Wal-Mart
149(2)
A Level Playing Field
151(1)
Pricing
152(1)
Would You Buy a Chinese Product?
153(5)
China and the Brand
157(1)
Is "Buy American" Returning?
158(3)
Chapter 9 China Rising 161(16)
Misplaced Analogies
163(1)
The Tortoise and the Hare
164(3)
China and the World Trade Organization
167(2)
Scenarios for the Future
169(4)
Soft Landing
170(1)
Hard Landing
171(2)
Fault Lines
173(4)
Nations and States
174(1)
Global Battle Lines
175(2)
Epilogue to the Hardback Edition 177(1)
Special Epilogue to the Paperback Edition 178(11)
Endnotes 189(8)
Index 197

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