Entering the Chinese Market: The Risks and Discounted Rewards - Hardcover

John C. Dixon; David Newman

Hardcover

ISBN 10: 1567201377 ISBN 13: 9781567201376

Publisher: Praeger (UK), 1998

Synopsis

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.

About this title

About the Author

JOHN DIXON is Professor of Social Policy in the Department of Social Policy and Social Work at the University of Plymouth in the United Kingdom. Among his earlier publications are Entering the Chinese Market, with D. Newman (Quorum Books, 1998) and Social Security Programs with R. Scheurell (Greenwood Press, 1995).

Edition details

• Publisher: Praeger (UK)
• Publication date: 1998
• Language: English
• ISBN 10: 1567201377
• ISBN 13: 9781567201376
• Binding: Hardcover
• Number of pages: 160