China Now: Doing Business in the World’s Most Dynamic Market
Turn East-West Relations Into Win-Win Situations
China has more than one billion people. That’s one billion potential customers. China Now is your must-have guide to this exciting world of opportunity, written by a top corporate advisor and a renowned business professor who specialize in East-West business strategy. Together, Mark Lam and John Graham have worked with dozens of Fortune 500 companies and thousands of American and Chinese executives, and now share with you their most successful strategies, tactics, and insights.
A comprehensive all-in-one tour of the world’s fastest growing market, China Now is filled with everything you need to know about China’s people, negotiation styles, culture, history, economics, and business dealings. You’ll learn how to plan, where to go, and who to visit for the best results. And, unlike other books on the market, you’ll discover the key differences between various regions and businesses that could make or break the deal.
China Now includes:
- The best regions to do business
- Nonverbal cues and culture-based signals
- Important travel, meeting, and personnel tips
- Laws and regulations on customs, foreign trade, and investment
- Protecting your intellectual property rights
Even if you’ve read Sun Tsu’s The Art of War, this book will help you master the art of peaceful negotiations-and establish long-term partnerships that profit everyone involved. The advice you’ll find here is not only invaluable; it’s absolutely essential to the future of your business.
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MSOE – China Course – Great Book,
A great read if you are going to do business in China or simply if you want to know how successful businesses manage in China! A great historical summary of the country of China and Region of East Asia. Practical tips to negotiations with the Chinese. Gain a new perspective of the diversity in East Asia. Learn important things about the structure of the Chinese legal system and how china views, manages, and combats Intellectual Property theft.
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|Great information and insight with intriguing statistics,
Sun Tzu said “Know yourself, know your enemy, and you will win every battle.” This book provides the readers with a key to the critical success factors of conducting business in China. It contains much pertinent information to help understand the people and the culture that drive the business culture in China. As a former expat manager in Asia for a major American telecom company, I found incredible knowledge, intriguing numbers, and insight in this book, and I highly recommend this book for anyone that wants to grow their business or career with the Chinese economy.
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|China Now–For Businessman and Layman,
China Now is a sweeping and practical guidebook for those intending to engage in the formidable challenge of conducting business activities in China. The authors possess first-hand experience which will benefit entrepreneurs as well as corporate executives. There is ample `hands-on’ step-by-step guidance, by region, with an emphasis on negotiation preparation, techniques and styles, and approaches to the drafting of contracts and relevant cultural insights. Extensive discussions regarding intellectual property protection with important historical perspective–harking back to the years when Americans provided very lax protection for IP– provide the reader with an understanding of the opposing views of today. There is also considerable discussion of the existing International IP agreements and the progress made in this area. The various sectors of China’s high technology and research and development are surveyed, along with the expanding harbor and container capacity, power supply and information management systems, and air and ground transportation systems.
A brief review of rural China suggests the possibilities for investment by labor intensive industries in these geographical areas that have not significantly shared in the new Chinese economy. There are summaries of the Chinese governmental structures and legal profession, their functions, powers and interrelationships, formal and informal, with discussions of the consequences for foreign business. Useful anecdotal references are sprinkled throughout.
China Now presents historical and cultural perspectives that are lacking in many public portrayals of the nation. China’s unforgotten bitter experiences with foreign powers in the 19th and first half of the 20th Centuries are surveyed. The book also offers a present day assessment of the contentious issue of U.S. impediments to trade with China. The authors emphatically set forth their views of the importance of the unimpeded flow of trade for the promotion of mutually beneficial international relations.
In addition to its value for business investors, China Now affords a very useful set of perspectives for the general reader who wants a fuller understanding of the world’s `other giant.’ It covers not only the principal sectors of China proper (Northeast China, Beijing and Tianjin, Shanghai, the Pearl River Delta (including Hong Kong) and Rural China), Singapore and Taiwan and their economic relations with China, but also addresses the economic importance of the Chinese Diaspora. Historical, cultural and economic relations between North and South Korea and northeast China are also discussed.
Through a portrayal of the evolving business face of China, and its cultural underpinnings, the book serves as a counterbalance to the customary more-or-less dominant focus on the political and military aspects of relations with China. The general reader will find an informative picture of the extensive involvement of Western and Japanese capital investment and business activities in China, Sino-Russian trade and economic cooperation and the growing South Korean investment in northeast China. The mutuality of international economic interests is made quite clear.
America’s understanding of China is too important to be left to business people and political operatives alone. China Now can help to bring such understanding to the general electorate. A phrase appearing near the end of China Now: “China and the United States need each other,” states an important premise of the book. If this phrase is true and remains true, it is a basis for optimism.
Edward Lindsay
Certified Public Accountant
Member California State Bar (Inactive)
Fountain Valley, California
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