Entering the Chinese Market: The Risks and Discounted Rewards

Prof. John Dixon

ISBN 10: 1567201377 ISBN 13: 9781567201376
Published by ABC-CLIO, 1998
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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 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).

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Title: Entering the Chinese Market: The Risks and ...
Publisher: ABC-CLIO
Publication Date: 1998
Binding: Hardback
Condition: New

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Hardcover. Condition: new. Hardcover. 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 playersthe 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. An unyielding look at the current business environment of contemporary China for the business person considering entering the promising Chinese market. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. Seller Inventory # 9781567201376

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