Capital China: Transforming Economic Strategy

Author: Jacky Huarong
Publisher:
Publish Date: 2004-02-01
Features: "Global multinational corporations are pondering: 'How big is the business opportunity in China, and how should we seize it?' Capital China tells us that the answers to these questions are complex and vary across industries. This book provides an overview of China's emerging market economy and offers incisive analysis of the strategic importance of key industries and sectors. Anyone interested in China's business and economic landscape, as well as scholars who take China as a research subject, must read this book." Dr. Jacky Huarong, Senior Director at McKinsey & Company's Shanghai office, conducts an in-depth analysis of China's economic reforms based on facts and presents his own perspectives. Although risks remain on the road ahead, the reform trend of China's transition from a planned economy to a market economy is irreversible. Competitive advantage has replaced government relationships as the widely accepted reality in China today. Through a detailed analysis of various industries, Dr. Huarong identifies important trends and potential opportunities in China's major pillar industries, as well as the key factors for success in each sector.