China Economic Analisis
The fast economic development of China has attracted the attention of the international
business community, creating a surge in foreign direct investments and international trade.
Negotiating new business and trade agreements as well as establishing business subsidiaries
and joint ventures, the number of foreign business people in China is increasing rapidly. The
areas of managerial interface between foreign business representatives and Chinese nationals
are expanding fast and an emerging academic literature is beginning to examine cross-cultural
management issues in China.
China, no doubt is certainly the fastest growing and ?exciting? market to be working in right now,
and probably one of the most difficult for expatriates to survive in. After many years of being
closed off from the world, China has opened up with a vengeance, and is therefore growing too
quickly, too soon. It?s experiencing all the problems accompanying a new economic power
emerging in an environment where centuries of development are trying to blend in all at once.
The New China
Westerners have been trying to get rich in China for over 150 years. However, few of them
have actually been successful enough to penetrate the ?market of one billion?. With the ?
sweeping economic reform in the People?s
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