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."

Written by one of the most distinguished experts on China's economic and business history, China and Capitalism provides a highly original and at the same time clear and readable approach to understanding the development of business in China from 1500 to the 1990s. David Faure then uses the picture he has assembled to shed new light on the strengths and weaknesses of Chinese business today. The book is written to be accessible to people with little background in China or Chinese business practice. Dr Faure describes three phases in the development of Chinese business from the sixteenth to the twentieth century. In the traditional phase, from the sixteenth to the eighteenth century, Chinese business relied on contracts as well as on ritual propriety. In the modernizing phase, from the second half of the nineteenth century to the first half of the twentieth century, Chinese business had to adapt to the introduction of company law and legal standards of accounting. In the contemporary phase, from the middle of the twentieth century to the present day, China emerged from a control economy to a vibrant market by embracing once again the changes introduced in the modernizing phase. General readers, including students and teachers in courses touching on but not primarily devoted to the Chinese experience, will find in this book the most comprehensive account of China's business development in the last five centuries and many insights into the workings of China's modern business scene. Specialist readers will find a highly original approach to the history of business in China.

China's extraordinary rise as an economic powerhouse in the past two decades poses a challenge to many long-held assumptions about the relationship between political institutions and economic development. Economic prosperity also was vitally important to the longevity of the Chinese Empire throughout the preindustrial era. Before the eighteenth century, China's economy shared some of the features, such as highly productive agriculture and sophisticated markets, found in the most advanced regions of Europe. But in many respects, from the central importance of irrigated rice farming to family structure, property rights, the status of merchants, the monetary system, and the imperial state's fiscal and economic policies, China's preindustrial economy diverged from the Western path of development. In this comprehensive but accessible study, Richard von Glahn examines the institutional foundations, continuities and discontinuities in China's economic development over three millennia, from the Bronze Age to the early twentieth century.

This volume marks a turning point in the study of Chinese economic history. It arose from a realization that the economic history of China—as opposed to the history of the Chinese economy—had yet to be written. Most histories of the Chinese economy, whether by Western or Chinese scholars, tend to view the economy in institutional or social terms. In contrast, the studies in this volume break new ground by systematically applying economic theory and methods to the study of China. While demonstrating to historians the advantages of an economic perspective, the contributors, comprising both historians and economists, offer important new insights concerning issues of long-standing interest to both disciplines. Part One, on price behavior, presents for the first time preliminary analyses of the incomparably rich and important grain price data from the imperial archives in Beijing and Taibei during the Qing Dynasty (1644–1911). These studies reveal long-term trends in the Chinese economy since the seventeenth century and contain surprising discoveries about market integration, the agricultural economy, and demographic behavior in different regions of China. The essays in Part Two, on market response, deal with different aspects of the economy of Republican China (1912–49), showing that markets for land, labor, and capital sometimes functioned as predicted by models of economic "rationality" but at other times behaved in ways that can be explained only by combining economic analysis with knowledge of political, regional, class, and gender differences. Based on new types of data, they suggest novel interpretations of the Chinese economic experience. The resulting collection is interdisciplinary scholarship of a high order, which weaves together the analytic framework provided by economic theory and the rich texture of social phenomena gathered by accomplished historians. This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1992.

This powerful and meticulously researched study explores the role of rural industry and entrepreneurship in the Chinese economic miracle. Linda Grove considers especially the development of the Gaoyang industrial district, China's best-known rural industrial district of the pre–World War II period. By focusing on one weaving district in North China, she is able to explore in detail the ways in which small industrial firms have accumulated capital, organized their firms, developed nationwide marketing networks, and promoted brands over the last century. Cutting across the conventional divide between studies of "history" and "contemporary economy" and between pre- and post-1949 China, the author persuasively shows the links between traditional Chinese business practices and contemporary entrepreneurial success. The first book in English to explore the world of small-scale business firms in China, it introduces the activities of individual entrepreneurs and firms and examines the structure of industrial organization that has supported the rapid growth of individual firms. Based on several decades of archival research, surveys, and fieldwork, A Chinese Economic Revolution provides an in-depth exploration of Chinese rural industry. Framed by the author's extensive familiarity with rural industrial development in Japan, India, and Europe, the book also offers important comparative perspectives for those interested in global economic history, postsocialist economic performance, and economic development strategies.

In The Magic of Concepts Rebecca E. Karl interrogates "the economic" as concept and practice as it was construed historically in China in the 1930s and again in the 1980s and 1990s. Separated by the Chinese Revolution and Mao's socialist experiments, each era witnessed urgent discussions about how to think about economic concepts derived from capitalism in modern China. Both eras were highly cosmopolitan and each faced its own global crisis in economic and historical philosophy: in the 1930s, capitalism's failures suggested that socialism offered a plausible solution, while the abandonment of socialism five decades later provoked a rethinking of the relationship between history and the economic as social practice. Interweaving a critical historiography of modern China with the work of the Marxist-trained economist Wang Yanan, Karl shows how "magical concepts" based on dehistoricized Eurocentric and capitalist conceptions of historical activity that purport to exist outside lived experiences have erased much of the critical import of China's twentieth-century history. In this volume, Karl retrieves the economic to argue for a more nuanced and critical account of twentieth-century Chinese and global historical practice.

The study provides a major reassessment of the scale and scope of China’s resurgence over the past half century, employing quantitative measurement techniques which are standard practice in OECD countries, but which have not hitherto been available for China.

The most comprehensive English-language overview of the modern Chinese economy, covering China's economic development since 1949 and post-1978 reforms--from industrial change and agricultural organization to science and technology.