Having worked in China for Chinese companies for 4 years and spent a couple of weeks to several months per annum carrying out research there for the past 5 years, I agree with Edryce; "scary" is not the word to use. "Prepare yourself" might be the appropriate phrase. When China becomes powerful enough economically to behave as it chooses, then it will do so, and their business model is not a Western one. If a business does not know what to expect, it will suffer more than price competition.
For insightful commentary, see the Evian Group think-tank's several papers on the issues:
http://www.eviangroup.org/
And I recommend higly Li Shaomin's paper: Li, Shaomin (2004) Why Is Property Right Protection Lacking in China? An Institutional Explanation. California Management Review. 46(3): 100-115.
Regards,
Romie
Edryce Reynolds <
edryce@yahoo.com> wrote:
Hi,
I am reading that issue. What's the "scare"? It has been coming a long time. Our attitudes toward China have been set in the "communist" mold for so long, we just ignored their progress. Maybe it would be good for us to get our "comeuppance." I don't see the depressing part.
Edryce
Fred Nickols wrote:
Here's some recommended reading. The implications for the U.S. are
downright scary. For HR and Training & Development, they're downright
depressing.
http://www.businessweek.com/magazine/toc/04_49/B39110449china.htm
Regards,
Fred Nickols, CPT
Senior Consultant
Distance Consulting
"Assistance at A Distance"
nickols@att.net
www.nickols.us
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