The China Strategy: Harnessing the Power of the World's Fastest-Growing Economy

The China Strategy: Harnessing the Power of the World's Fastest-Growing Economy

by Edward Tse

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Overview

No major enterprise or financial institution can avoid doing business with China—if not directly, then through myriad hidden connections. Global businesses either use Chinese resources or sell to and in China or compete with companies that do.

Because there's no avoiding China, business leaders need a framework that orders the different (and seemingly contradictory) streams of data that hint at its future. That framework is The China Strategy.

In this invaluable book, Edward Tse explains the ever-changing nature of China's business environment, its increasingly complex relationship with the rest of the world, and the global business implications—not just for our current environment but for the next decade.

Change, Tse argues, is taking place in non-linearly. Some dimensions (like Chinese entrepreneurship) are expanding exponentially, while others (like the value of China's labor arbitrage) may be reaching a plateau. Eschewing easy explanations, Tse shows how to build and execute a global business strategy in light of these changes, offering practical advice amidst a sea of simple books that offer too-quick solutions.

In a world in which a successful business strategy means a successful China strategy, this book is uniquely positioned to help business leaders navigate the “country that cannot be ignored.”

Product Details

ISBN-13: 9780465020997
Publisher: Basic Books
Publication date: 03/23/2010
Sold by: Hachette Digital, Inc.
Format: NOOK Book
Pages: 256
File size: 964 KB
Age Range: 13 - 18 Years

About the Author

Edward Tse is Booz & Company’s Chairman for Greater China, with over twenty years of management consulting and senior corporate management experience. He is a member of the Consultative Editorial Board of Harvard Business Review Chinese Edition and is a frequent speaker on Greater China's industry and regulations at business conferences and government forums. His articles have been published in a variety of places, including Harvard Business Review, Forbes, strategy+business, China Daily, and 21st Century Business Review. He lives in Hong Kong and Shanghai.

Table of Contents

Foreword to the Paperback Edition ix

Chapter 1 The Country That Cannot Be Ignored 1

Chapter 2 Open China 27

Chapter 3 Entrepreneurial China 55

Chapter 4 Official China 89

Chapter 5 One World 113

Chapter 6 Vision 137

Chapter 7 Versatility 167

Chapter 8 Vigiliance 195

Epilogue The Chinese Renaissance 217

Notes 223

Acknowledgments 231

Index 235

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China Strategy: Harnessing the Power of the World's Fastest-Growing Economy 3.2 out of 5 based on 0 ratings. 5 reviews.
RolfDobelli More than 1 year ago
Perhaps Frank Sinatra's familiar refrain needs a slight alteration to reflect the current reality: "If I can make it there, I'll make it anywhere. It's up to you".China, China. No firm can afford to ignore China as a market, manufacturing base or source of competition. Management consultant Edward Tse's wide-ranging viewpoint (Tse was born in Hong Kong but educated in the US) offers anxious businesspeople clarity and direction. He lucidly describes the forces he thinks will shape China's future and illustrates how your business can prepare for this transformation. Although the book's call to action - start planning for large, unknown changes - may overwhelm some readers, getAbstact recommends this overview of China's shifting commercial climate to managers considering moving to China, those who are already active there, and those who realize the degree of China's imminent influence and want to prepare for the turmoil ahead.
Anonymous More than 1 year ago
Anonymous More than 1 year ago
This book is written for the potential business executive doing business in China but also provides important information for the investor interested in understanding business in China. Whether the author is a cheerleader for the Chinese Economy or a prophet will be discovered in the next few of years. Judging by the appearance of major players from China in potentially transformational technologies to produce electric or hybrid electric cars, or high speed rail in California, the author's description of business evolution in China appears to be accurate. The author delineates the designs and methods being used by the Chinese government to shape China's business growth. He gives detailed information about demographics, marketing problems , and competition in the Chinese business world, and explains why businesses that emerge from China will integrate with the Global Economy. Happy hunting Happy hunting.
Guest More than 1 year ago
This is an absolutely useless book about China. Please don't buy this book if you want to know how to succeed in China. Because this book will just tell you very high-level concepts that everyone knows (China will become an open economy in 10 years!)and there are absolutely no examples nor original ideas. I went to hear him speak at a book reading tonight. He said the purpose of the book was so that he could record everything before he gets older and loses his memories. Well, I wish he never wrote this book so people didn't have to waste time reading it. Everyone knows China is the next super power. We don't need an expensive "consultant" to tell us that using buzz words. Sure, relationships with the local government officials are important. But how do you do that when you are competing with state-owned companies run by family members of these officials?During the Q&A when someone asked, "how do American companies succeed in China?" He actually said, "just hire someone like me!". During the book signing, he only wanted to speak to the Chinese people and exchanged business cards but did not want to talk to any Americans as if Americans are too "stupid" to understand his high level, unoriginal China Strategy.
China_Investor More than 1 year ago
This is an absolutely useless book about China. Please don't buy this book if you want to know how to succeed in China. Because this book will just tell you very high level concepts that everyone knows (China will become an open economy in 10 years!)and there are absolutely no examples nor original ideas. I went to hear him speak at Asia Society tonight. He said the purpose of the book was so that he could record everything before he gets older and loses his memories. Well, I wish he never wrote this book so people didn't have to waste time reading it. Everyone knows China is the next super power. We don't need an expensive "consultant" to tell us that using buzz words. Sure, relationships with the local government officials are important. But how do you do that when you are competing with state-owned companies run by family members of these officials? Don't expect to find an answer to that question. During the Q&A when someone asked, "how do American companies succeed in China?" He actually said, "just hire someone like me!". During the book signing, he only wanted to speak to the Chinese people and exchanged business cards but did not want to talk to any Americans as if Americans are too "stupid" to understand his high level, unoriginal China Strategy.