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. Management training and development in China revisited Malcolm Warner 2. International business in China vis a vis the global economic crisis: introduction Robert Taylor 3. Control of French and Japanese subsidiaries in China: implementing control mechanisms before and after the global economic crisis Johannes Schaaper, Shuji Mizoguchi, Hiroyuki Nakamura and Seiki Yamashita 4. MNC’s location choice and agglomeration: a comparison between US and European affiliates in China Jean-Louis Mucchielli and Pei Yu 5. Reasons behind management localization in MNCs in China Lingfang Fayol-Song 6. When in China . . . The HRM practices of Chinese and foreign-owned enterprises during a global crisis Jacques Jaussaud and Xueming Liu 7. China’s labour legislation: implications for competitiveness Robert Taylor 8. Playing the game of catching-up: global strategy building in a Chinese company Yi Zhu, Richard Lynch and Zhongqi Jin 9. International business in China vis a vis the global economic crisis: epilogue Robert Taylor