China S Economic Culture

China's spectacular rise challenges established economic moulds, both at the national level, with the concept of "state capitalism", and at the firm level, with the notion of indigenous "Chinese management practices". However, both Chinese and Western observers emphasise the transitional nature of the reforms, thereby leaving open the question as to whether China's reform process is really a fast catch-up process, with ultimate convergence to global standards, or something different. This book, by a leading economist and sinologist, argues that "culture" is an exceptionally useful tool to help understand fully the current picture of the Chinese economy. Drawing on a range of disciplines including social psychology, cognitive sciences, institutional economics and Chinese studies, the book examines long-run path dependencies and cultural legacies, and shows how these contribute crucially to the current cultural construction of economic systems, business organisations and patterns of embedding the economy into society and politics.

China's spectacular rise challenges established economic moulds, both at the national level, with the concept of "state capitalism", and at the firm level, with the notion of indigenous "Chinese management practices". However, both Chinese and Western observers emphasise the transitional nature of the reforms, thereby leaving open the question as to whether China's reform process is really a fast catch-up process, with ultimate convergence to global standards, or something different. This book, by a leading economist and sinologist, argues that "culture" is an exceptionally useful tool to help understand fully the current picture of the Chinese economy. Drawing on a range of disciplines including social psychology, cognitive sciences, institutional economics and Chinese studies, the book examines long-run path dependencies and cultural legacies, and shows how these contribute crucially to the current cultural construction of economic systems, business organisations and patterns of embedding the economy into society and politics.

As China evolves, so does the global marketplace—all the way down to the consumer The End of Cheap China is a detailed look at the rise of China, and how it will affect the global marketplace. A thorough exploration of the changes taking place in the Chinese economy, the book explains how much of the Western consumerist culture is built on the back of cheap Chinese factory labor, and warns that the era is coming to a close. Readers will learn why the cheap labor pool is beginning to dry up, what that means for the rest of the world, and how businesses will have to adapt to stay afloat. This updated second edition includes new statistics, the latest news on the Chinese economy, and additional case studies that illustrate the ways in which China has developed—into a brand-new potential market. China's social, political, and economic evolution will affect the entire world. Rising incomes are building pressure on the global commodities market, inflation is only just beginning, and consumers are experiencing sticker shock as cheap labor is becoming harder to find. The End of Cheap China explains the factors driving these changes, the impact that can be expected, and the opportunities that constitute a major silver lining for businesses panicking about the coming paradigm shift. Readers will: Discover the eight mega-trends changing China, and how far the ripples will spread Learn how rising costs in China will dramatically affect the American way of life Examine the rise of Chinese consumption, and the friction it engenders Consider the changes businesses must make to remain profitable in a changing world The global marketplace is evolving, and it's up to businesses to keep pace with the changes. The End of Cheap China provides a roadmap for navigating these changes, helping businesses lead the charge toward a more affluent global economy.

Seminar paper from the year 2007 in the subject South Asian Studies, South-Eastern Asian Studies, grade: 96, Dongbei University of Finance and Economics (School of International Business), course: Chinese History and Culture, 15 entries in the bibliography, language: English, abstract: China has become a global business power and therefore it is important for Western people to know about China and the way they do business. This paper is written preliminarily for Western people who want to know how to do business with Chinese. The paper puts much emphasis on comparing the different cultures. Therefore it is also interesting for Chinese who want to know more about the differences between their and Western culture. A mutual understanding of the different cultures can help to reduce misunderstandings and communicate more effectively. First of all, it is important to give a brief overview of the country. To get a better understanding of the information, China will be compared with the European Union (EU). Chapter 3 will give an overview of Chinese culture in general using Hofstede's and Hall's approach to describe culture. It is important to understand Chinese culture in general to understand Chinese business culture. Then chapter 4 deals with some important aspects of Chinese Business culture. Besides that learning the Chinese language can be a complementary part of getting a better understanding of Chinese business culture and Chinese culture in general. This paper does not deal with studying the Chinese language. If the business language in your special case is not English, it is advised to use an interpreter unless you speak Chinese fluently. However, just knowing the basics of the Chinese language can impress your business partner and shows the seriousness of your business relation.

This book, first published in 1996, focuses on the possible (but problematic) emergence of a so-called ‘Greater China’ encompassing mainland China, Taiwan and Hong Kong, and the economic reforms, inward investment, spatial disparities, and changes to business culture that would ensue. The similarities, differences, underpinnings, results and prospects for the future of Greater China are analysed in close detail in the chapters collected here.

This book explores the history of leisure in Chinese culture by tracing the development of Chinese philosophy and leisure values in Chinese tradition and civilization. It addresses the tremendous changes in Chinese society brought about by the country’s rapid economic development and the impact on Chinese culture and leisure. It considers the social, political and economic challenges facing China, from corruption to sharpening inequalities, from ecological crisis to the need for a revival of Chinese culture and for political democratization. It suggests that leisure can exert an invisible and formative influence on people’s lifestyle and value system and considers ongoing trends in the development of leisure activities as they relate to modern Chinese society and social reform.

How does culture shape history, and history shape culture? This book answers this question by bringing readers on a fascinating journey through the evolution of Chinese culture, political and legal institutions, and "national character" of historical and contemporary China. It illustrates how "national character" evolves endogenously along with an institutional environment through the use of economic theories. Recognizing the unique role of "personality" in violence and social order – important variables that contribute to successful economies, the book provides a meaningful take on "personality" from the "average personality" of a country’s people. It analyses the relationship between culture, institution and "national character", providing gainful, interesting insights into the monumental transformation of China.

Using the proflierating volume of social science data and concepts on the subject, this book attempts to provide an alternative interpretation of the business conduct of the ethnic Chinese of East and Southeast Asia. The authors argue that: explanations of Chinese business conduct in terms of culture are too convenient and simplistic; not all Chinese everywhere are the same, nor do they do business only among each other; not all Chinese are successful in business, and not all successful businessmen are Chinese; guanxi (connections) has its down side; many ethnic Chinese in Southeast Asia may well be reluctant merchants as they face many institutional obstructions to their upward mobility; and the seeming solidarity among the ethnic Chinese as more to do with external forces impinging upon them as members of a racial group rather than primordial sentiments internal to the group.