1st Edition
International Business in China Understanding the Global Economic Crisis
This book deals with a number of contentious issues in Chinese management as China emerges as a global economic player, with a greater role in international business during a global economic crisis. This step is in tandem with an economically driven foreign policy. Since the 1980s, Chinese management while still in transition, has benefited from an infusion of capital, technology and managerial expertise through inward direct investment via joint and wholly-owned foreign ventures.
As the so-called 'workshop of the world', China and its exports, especially labour-intensive goods, face protectionism in the United States and the European Union. To circumvent these barriers, the Chinese leaders are emphasising domestic consumption, itself dependent on rising personal income levels and an improved national social insurance system, and a move to high-tech products, themselves requiring indigenous innovation.
The creation of a knowledge economy, in addition to outward investment in manufacturing, could lead to a distinctive independent style of Chinese management. Simultaneously, China’s participation in intra-regional trade underlines the nation’s role in Asian regional business networks. Such developments in turn present a challenge to Western and global business.
This book was published as a special issue of Asia Pacific Business Review.
1. Introduction Robert Taylor (University of Sheffield)
2. Control of French and Japanese Subsidiaries in China: implementing control mechanisms before and after the global economic crisis Johannes Schaaper (BEM Bordeaux Management School) Shuji Mizoguchi, Hiroyuki Nakamura and Seiji Yamashita (all at the University of Yokohama)
3. MNCs location choice and agglomeration: a comparison between US and European affiliates in China Jean-Louis Mucchielli and Pei Yu, (University of Paris, Pantheon-Sorbonne)
4. Reasons behind management localisation in MNCs in China Lingfang Fayol-Song, (ESCEM School of Business and Management, France.)
5. When in China: the HRM practices of Chinese and foreign owned enterprises during a global crisis Jacques Jaussaud (University of Pau) and Xueming Liu, (University of Poitiers)
6. China’s labour legislation: implications for competitiveness Robert Taylor, University of Sheffield)
7. Playing the game of catching up: global strategy in a Chinese company Yi Zhu, Richard Lynch and Zhongqi Jin,’ (Middlesex University Business School, London.)
8. Epilogue Robert Taylor, University of Sheffield)
Biography
Robert Taylor was formerly Reader in Modern Chinese Studies and Co-Director of the Centre for Chinese Studies at the University of Sheffield.. He is the author of a number of books and academic articles relating to China’s management systems and Chinese foreign policy, including Greater China and Japan (Routledge, 1996).
