Li reveals how the Chinese Communist Party runs the Chinese state like an organisation that can act as swiftly and flexibly as a firm. The Rise of China Inc. will appeal to Business scholars, practitioners, policy-makers, and anyone who wants to understand how China has become like a giant corporation, and how democracies can effectively deal with it.
Leveraging its absolute power, low human rights advantage, and tolerance by other countries, the Chinese Communist Party has transformed China into a giant corporation. Living and working is not a right, but a privilege granted by the party. State-owned firms are business units or subsidiaries, private firms are joint ventures, and foreign firms are franchisees of the party. ''China, Inc.'' enjoys the agility of a firm and the vast resources of a state. Meanwhile, foreign firms competing with Chinese firms can find themselves matched against the mighty Chinese state. The Rise of China, Inc. will interest many readers: it will compel business scholars to rethink state-firm relationships; assist multinational business practitioners in formulating effective strategies; aid policy-makers in countering China''s expansion; and inform the public of the massive corporate organisation China has become, and how democracies can effectively deal with it.
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