The Chinese Century: The Rising Chinese Economy and Its Impact on the Global Economy, the Balance of Power, and Your Job
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By 2015, China may well have the world's largest economy. In The Chinese Century, Oded Shenkar shows how China is restoring its imperial glory by infusing modern technology and market economics into a non-democratic system controlled by the Communist party and bureaucracy. Shenkar shows why China's quest for global success differs radically from predecessors such as Japan, India, and Mexico... why it represents a fundamental restructuring of the global business system... and why it will transform the roles of participants in the global economy. He previews tomorrow's new competitive ground rules, terms of employment, and consumption patterns, and shows how Chinese ascendancy is redrawing political, economic, and social battle lines. Learn why the U.S. is most vulnerable to China's ascent... how China's disregard for intellectual property creates sustainable competitive advantage... how China's growth impacts global businesses and individual purchasing decisions. Above all, Shenkar shows what you must do to survive and prosper in "The Chinese Century." 0131467484 Contents About the Author Chapter 1 The Dawn of the Chinese Century China in the Global Economy Resources and Capabilities The Synergies of Greater China Coming to America The Chronic Importer The Naïve Trader (or the One with More to Lose) Follow the Curve Foreign-Generated and “Self-Inflicted” Imports The Currency Play China Takes on the World The World’s Factory The Export Imperative Where the Jobs Are A Consumer Paradise The Coming Realignment Chapter 2 The Middle Kingdom An Imperial (But Not Imperialist) Heritage The Imperial Bureaucracy China and Its Neighbors The Imperial Imprint The Modern Era: China and the Foreign Powers The Shadow of Humiliation China Under Communism The Communist Imprint The Reform Period Lofty Aspirations National Symbols Political Aspirations Economic Aspirations Chapter 3 Like No Other Is China a New Japan? Analogies of Response Japan, China, and the Limits of Analogy The Innovation Imperative Dragons, Large and Small Hong Kong Taiwan Singapore South Korea The Asian Crisis, Misinterpreted China and India: A Tale of Two Nations Chapter 4 From Socks to Aircraft The Technology Legacy Inventions But No Science The Price of Falling Behind Technology by Decree: The Central Planning Legacy Climbing the Technology Ladder Leveraging Foreign Investment Technology Transfer Incentives Learning from the Barbarians Indigenous Innovation: Still a Dream Developing Research Capabilities Upgrading China’s “Humanware” Transforming the Educational System The Return of the “Turtles” Bringing Technology to the Enterprise OEM, ODM, OBM Technology as a Freebie Chapter 5 The Two-Dollar Rolex Yankee Footprints Piracy, Counterfeiting, and the Like The Costs and Benefits of Knock-Offs An Industry in the Making Institutional and Legacy Factors The Organization of Fake Production Pirating “Digitized” Products The Enforcement Failure The Globalization of Piracy and Counterfeiting Going Forward Navigating Pirate Seas Chapter 6 The Business Challenge Industry Tales America’s Clothier Furniture from Afar The Geography of the China Impact Holding Its Own: The European Union The Invasion of Japan Mexico Undone Friends and Foes: ASEAN and Beyond What’s Coming Preparing for the Chinese Century A New Game Plan If You Can’t Beat Them Chapter 7 East, East, and Away: Where the Jobs Are Job Migration: Myth and Fact Job Migration and Job Losses In Context Who Benefits Macro Promise, Micro Reality The Economics of Job Migration Here We Go Again? China and the Global Labor Market China’s Job Impact Is Your Job in Jeopardy? Politics and Policies Navigating the New Job Landscape Up (or Down) the Ladder Chapter 8 A TV from Sichuan The Factory to the World Meets the Consumer of the World The Nation of Wal-Mart A Level Playing Field Pricing Would You Buy a Chinese Product? China and the Brand Is “Buy American” Returning? Chapter 9 China Rising Misplaced Analogies The Tortoise and the Hare China and the World Trade Organization Scenarios for the Future Soft Landing Hard Landing Fault Lines Nations and States Global Battle Lines Epilogue Endnotes Index A B C D E F G H I J K L M N-O P Q-R S T U V-W X-Z
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