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The Future of Chinese Capitalism: Choices and Chances

Gordon Redding and Michael A. Witt

Published in print January 2010 | ISBN: 9780199575879
Published online October 2011 | e-ISBN: 9780191702204 | DOI: https://dx.doi.org/10.1093/acprof:oso/9780199575879.001.0001
The Future of Chinese Capitalism: Choices and Chances

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Much has been said about the re-emergence of China to its historical position of eminence in the world economy, yet little is understood about the kind of economic system China is evolving. What are the rules of the game of business in today's China, and how are they likely to change over the next decades? This book sheds much-needed light on these questions. Building on recent conceptual and empirical advances, and rich in concrete examples, it offers a comprehensive and systematic exploration of present-day Chinese capitalism, its component parts, and their interdependencies. It suggests that Chinese capitalism, as practiced today, in many respects represents a development from traditional business practices, whose revival has been greatly aided by the influx of investments and managerial talent from the Regional Ethnic Chinese. On the basis of present trends in the Chinese economy as well as through comparison with five major types of capitalism — those of France, Germany, Japan, Korea, and the United States — the book derives a prediction of the probable development paths of Chinese capitalism and its likely competitive strengths and weaknesses.

Keywords: China; Chinese economy; Chinese capitalism; Regional Ethnic Chinese; capitalism; France; Germany; Japan; Korea; United States

Book.  288 pages.  Illustrated.

Subjects: International Business

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Table of Contents

Another Miracle? in The Future of Chinese Capitalism: Choices and Chances

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Describing Business Systems in The Future of Chinese Capitalism: Choices and Chances

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Escape from History? in The Future of Chinese Capitalism: Choices and Chances

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The Legacies of History in The Future of Chinese Capitalism: Choices and Chances

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The Regional Ethnic Chinese in Business in The Future of Chinese Capitalism: Choices and Chances

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The State-owned Enterprises in The Future of Chinese Capitalism: Choices and Chances

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From Collectives to Local Corporates in The Future of Chinese Capitalism: Choices and Chances

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The Private Sector in The Future of Chinese Capitalism: Choices and Chances

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Introduction to the Comparative Chapters in The Future of Chinese Capitalism: Choices and Chances

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United States in The Future of Chinese Capitalism: Choices and Chances

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