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The China Paradox Paul G. Clifford

The China Paradox By Paul G. Clifford

The China Paradox by Paul G. Clifford


£4.30
New RRP £24.50
Condition - Very Good
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The China Paradox Summary

The China Paradox: At the Front Line of Economic Transformation by Paul G. Clifford

Featured as Book of the Week by The Wire China in August 2020! If your business has anything to do with China or you simply seek to understand the rise of China, you need to read this book. In The China Paradox, business strategist and historian Dr. Paul G. Clifford uses vivid examples from his deep experience in China to lay bare the delicate and fragile balance of forces which lie at the heart of China's success. He explains how, against all the odds, the ruling Communist Party boldly led the economic reforms as the surest way to preserve their grip on power. This flourishing of China's hybrid developmental model is placed firmly in the historical context, shedding light on the legacies that thwarted earlier attempts at change and which today still threaten to render the progress unsustainable. China is taking its place on the world economic stage, displaying business acumen and innovation. But China's un-reformed political governance, coupled with the challenges resulting from breakneck growth, may hamper the nation's ability to realize its potential and impact its longer-term prospects. This book is for anyone who needs to understand how China competes, anyone with business or other affairs in China, and anyone involved in foreign trade will benefit from this book. Click to read the author's article on Open Democracy: https://www.opendemocracy.net/en/oureconomy/the-us-should-not-demonize-huawei-it-should-invest-to-compete/ Click here to see a related article in the South China Morning Post: http://www.scmp.com/news/china/policies-politics/article/2134180/reform-or-no-reform-authors-clash-over-chinas-way

The China Paradox Reviews

Prof. David Shambaugh, George Washington University: In this first-hand account based on years of working in China, Paul Clifford takes the reader deep inside the belly of the beast--China's industrial economy state-owned enterprise system. This well-written and engrossing inside account should be read by all China watchers. Prof. Peter Nolan, University of Cambridge: Dr. Clifford is a scholar with a deep knowledge of Chinese history and culture, who entered the business world at a time of dramatic change in China's political economy. His rich business experience in China across a range of industrial sectors combined with his deep scholarly understanding make this a uniquely insightful book. The insights are far more original and interesting than those of other studies in this field. Prof. Edward S. Steinfeld, Brown University: The China Paradox, while offering an important framing narrative for understanding China's developmental trajectory, explains that narrative through fascinating firm-level examples and case-studies, ones that alone make the book an essential read for anybody trying to understand contemporary China. The China Paradox introduces fresh perspectives just when such new thinking - given the turbulent nature of our present moment globally - is most urgently needed. Prof. Anthony Saich, Harvard University: Clifford's decades of engagement with China allows him to present the reader with a deeper understanding of the contradictory forces that have made the China of today. Can The China Paradox persist? His sobering analysis of the pros and cons make this a book worth reading for anyone with an interest in China's future trajectory and its potential impact on the world.

About Paul G. Clifford

Paul G. Clifford, Non-resident Senior Fellow, Harvard Kennedy School, and President, Paul G. Clifford & Associates

Table of Contents

Chapter 1: The Hybrid Model at the Heart of a Vibrant New China 1 Chapter 2: Early Attempts at Industrialization: The Empire and the Republic 9 Chapter 3: The First Decades of the People's Republic: The Soviet Model ... and Worse 17 The Fate of China's Capitalists: From Ally to Enemy 18 The Dysfunctional Soviet Model Is Embraced 20 And Worse ... Beyond the Soviet Model 26 The Brutal Assault on Intellectuals and Science 30 The Dead End of the Mao Years 35 Chapter 4: Wrongs Are Righted, the Reforms Take Shape 39 Setting the Boundaries of Change 46 The Initial Reforms-Limited and Tentative 47 The Reforms Go into a High Gear 51 The Reforms Lose Steam (2002 Onward) 52 China's Economic Planning Today 53 Chapter 5: What to Do with the State-Owned Enterprises? 57 Weaning the SOEs Off the State (1978-93) 57 Central Planning Fades Away 60 Addressing Ownership and Governance (1993-2003) 62 Selling off the Dogs 62 Transforming the Large SOEs 64 Can SOE Culture Be Changed? 72 SOE Reform Falters (2003 Onward) 74 A New Type of SOE Shows the Way Forward 78 Chapter 6: The Private Economy Emerges Unannounced 83 TVEs-Engine for Growth as the Reforms Took Shape 84 POEs Flourish, Especially If Far from the Capital 87 Wanxiang-A Pioneering Private Company Forges Its Own Path 88 Huawei-A Private Firm as National Champion 91 Private Firms Sustain the Economy 93 Chapter 7: Magnet for Foreign Investment 95 Why Did China Welcome FDI? 96 Why Has China Been so Attractive to Foreign Investors? 97 China Has Its Cake and Gets to Eat It, Too 99 Win-Win in the Auto Industry 100 Why Did China Neglect Logistics and Resist Its Opening Up to FDI? 107 The Motorola Breakthrough 111 Why FDI Will Stick with China 115 Chapter 8: Business Models at the Heart of China's Emergence 119 Model 1. Learn and Catch Up 119 Disappointment in Auto and Semiconductor 121 The Model Works Well-In Consumer Products, High-Speed Rail, and Nuclear Power 124 Model 2. Picking off Underperforming Overseas Assets 129 Obstacles to China ODI 130 Model 3. China, Inc. in Emerging Markets 135 The Government/CCP 136 Financial Institutions 137 Chinese Firms 140 A Little-Known Firm from Anhui Grows in Africa 141 Transportation, Mines, and Downstream Industry 146 How to Assess the China, Inc. Business Model in Emerging Markets 148 Model 4. Novel Product or Technology Breakthrough 149 Implications for the Emergence of Chinese Firms on the Global Stage? 153 Chapter 9: What Could Disrupt or Sustain the China Paradox? 155 Peace, Stability and the CCP 155 The CCP Has Survived and Adapted 156 How Well Is the CCP Functioning Today? 157 The CCP Is Embedded in Businesses 159 China's Fault Lines and Tensions 161 The CCP and China's Future 161 The Rule of Law 166 Culture, Education, and Civil Society 168 A Cocktail of Confucianism and Leninism 169 Anything Goes, as the Market Latches onto Newfound Freedoms 170 Corruption, Moral Turpitude, and Social Alienation 171 Education Falls Short 173 Business Education Flourishes 175 Economic and Financial Stability 175 Confronting the Environmental Crisis 179 The Mega Domestic Market 181 Gleaming New Ground Transportation Infrastructure 181 Government-Sponsored Research and Development 182 The Mobile Handset Example 186 China's R&D Results Are Patchy 188 Connecting with the Consumer 190 Prospects of Deepening Economic Reform? 192 Chapter 10: Conclusion 197 Endnotes 207 Index 219

Additional information

GOR010050571
9781501515743
1501515748
The China Paradox: At the Front Line of Economic Transformation by Paul G. Clifford
Used - Very Good
Paperback
De Gruyter
20171023
252
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - The China Paradox