The Rise of China, Inc.: How the Chinese Communist Party Transformed China Into a Giant Corporation

The Rise of China, Inc.: How the Chinese Communist Party Transformed China Into a Giant Corporation

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Author/Contributor(s): Li, Shaomin
Publisher: Cambridge University Press
Date: 01/27/2022
Binding: Paperback
Condition: NEW
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.