That China has long dominated the lower end of the US manufacturing industry is old news. But authors Winter Nie and William Dowell enlighten readers to the looming reality that China’s extending global reach now threatens to squeeze out higher-end manufacturing markets, too--including technology, financial services, transportation, and energy. From the cost-efficiency of the Chinese marketplace, to the country’s strong business relationships and more efficient, fast-paced economy, to the ...

"The story of Alibaba's rise—along with Jack Ma's—offers a fascinating window onto China's staggering transformation." — The Wall Street JournalIn just a decade and half Jack Ma, a man who rose from humble beginnings and started his career as an English teacher, founded and built Alibaba into the second largest Internet company in the world. The company's $25 billion IPO in 2014 was the world's largest, valuing the company more than Facebook or Coca Cola. A...

Beat local companies at their game.If you need the best practices and ideas for gaining market share in developing economies--but don't have time to find them--this book is for you. Here are 10 inspiring and useful perspectives, all in one place.This collection of HBR articles will help you:- Manage risk in unstable environments- Ward off political threats to your business- Customize your business model for emerging markets- Tailor your strat...

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 b...

Doing business in China is tougher than you think. Not only is the culture vastly different, but Chinas experience in manufacturing is still developing. It will be a few years before the majority of manufacturers are up to world standards. In the meantime, quality, contract laws, schedules and logistics must be closely monitored. As a result, the things Westerners must do to be successful are far different from dealing with American or European manufacturers. The best way to quickly come up t...

"Impressive... This is an evidence-based bottom-up account of the realities of globalisation. It is more varied, more subtle, and more substantial than many of the popular works available on the subject." -- Financial TimesBased on a five-year study by the MIT Industrial Performance Center, How We Compete goes into the trenches of over 500 international companies to discover which practices are succeeding in today’s global economy, which are faili...

In China's Disruptors, Edward Tse takes an unprecedented inside look at rapidly emerging Chinese entrepreneurs and their game-changing impact on both China and the world.In September 2014, Chinese e-commerce giant Alibaba raised $25 billion in the world's biggest ever initial public offering. Since then, millions of investors and managers worldwide have pondered a fundamental question: what's really going on with the new wave of China's disruptors?...

See how thirty-six of China’s most successful and innovative entrepreneurs are creating the global economy of tomorrow. In these pages you’ll learn valuable lessons from remarkable business leaders, such as:• Zhang Yin, chairwoman of Nine Dragons Paper (Holdings) Limited, who trans- formed wastepaper into a personal fortune estimated at $3.4 billion• Lu Guanqiu, who turned a small farm-machinery workshop into China’s largest auto-parts manufacturer, with sales of $7 billion...

While the rise of Japan in the world economy has been widely chronicled, South Korea has been quietly growing into a major economic force that is even challenging Japan in some industries. This book examines how government in South Korea has worked with selected industries to create companies that compete aggressively in world markets. The author views South Korean growth as an example of "late industrialization," a process in which a nation's industries learn from other innovator nation...

**Financial Times, Best Books of 2022: EconomicsThe startling picture of how China’s revolution in finance and technology is changing both Wall Street and the way individuals manage their personal finances.**The future of finance – the way Wall Street operates and how individuals manage their money - is on the verge of upheaval. And the force underlying the change comes from China, where finance and technology are being merged into a system with consequences that resonate f...

Balancing authoritative theory and meaningful practice, International Business engages students on the subject of conducting business in international markets. The authors’ descriptions and ideas of international business are enhanced with contemporary examples, scenarios, and cases that help students effectively apply what they’ve learned. Now in its 16th Edition, ***International Business***remains one of the best-selling and most authoritative ...

Why do poor countries remain poor? Why, after receiving billions of dollars, do poor countries remain poor? Why are failing foreign aid models utilized over and over again? After the devastating 2010 Haiti earthquake, authors Daniel Jean-Louis and Jacqueline Klamer observed first-hand the negative consequences of donations provided with the sincerest of good intentions—donations that ultimately undermined local industries and wiped out jobs. Based on primary research and in-depth case stud...