Doing Business With China [electronic resource] : Avoiding the Pitfalls /
Hamilton, S.author.
Zhang, J.author.
This book is about understanding the differences and risks, ownership, culture and management practices when investing, managing or working with Chinese companies. It explores the progression of overseas listing of Chinese companies and the reasons behind theattitude shifts towards overseas Chinese stocks.
Description based upon print version of record.
Cover; Contents; List of Exhibits; List of Abbreviations; Preface; Acknowledgements; Prologue; The real question is when and how to go to China; Understanding China; No simple solutions; Understanding the ""Chinese way""; Getting on the ground; 1 In Search of a Perfect Answer; Don't be evil; Battling with the ""Great Firewall of China""; A new approach to China; 2 A Bumpy Ride in China; From container to content; Adventure begun by father; Pioneering spirit carried on by the son; A long march in China; Bumpy roads ahead; 3 A Rising Chinese Champion; Origins in a school-owned enterprise
Small fish eats big fishDiversification and expansion; Strategic partnership; Geographic expansion; Challenging Coca-Cola and Pepsi; Restructuring and further diversification; Zong Qinghou; 4 A Bittersweet Partnership; Formation of the Danone-Wahaha joint ventures (JVs); Non-joint-venture companies (non-JVs); Negotiations to gain a share of the non-JVs; The public saga; 5 A Controversial Acquisition; Robust and He Boquan; Robust in the making ...; Dare to be innovative; Preludes to an acquisition; Post-acquisition; 6 A Chinese Perspective; A 15-year cross-border love affair
Standing next to global giantsDetails matter; Pause for Reflection; Mini-Case: Best Buy-A tough sell in China; Partnerships; Mini-Case: CICC-A true success?; Mini-Case: Yahoo!'s Alibaba Dilemma; 7 All at Sea; Strategic evolution and main turning points; Organization, process, and management; Risk management, governance and the regulatory environment; The crisis; What next?; 8 Stormy Waters; The extent of the problem; Initial crisis management; The quick fix; In parallel, a search for strategic investors; Legal issues; The chosen option; The public is still in the dark ...; A hidden problem
The public announcement and media and market outcryThe way forward; 9 Oil on Troubled Waters; The restructuring team; Crisis management; Debt restructuring; Equity restructuring; Rehabilitation and rebuilding; Epilogue; 10 Lessons not Learned; CITIC Pacific and the Yung family; The currency debacle; A wrong bet beyond needs and control; A role model for corporate governance?; A sign of improvement?; The state bailout; Pause for Reflection; Mini-Case: CNOOC; Mini-Case: Netease-the ""Fantasy Westward Journey""; Mini-Case: China Life; Mini-Case: Gome: the Fall of China's Sam Walton
Last but Not LeastThe merit of ""The Chinese Contract""; Adjust your mindset and perspective; Do the right thing; Build up a proven track record; Communicate, actively and proactively; Beware that ""China issues"" can turn into ""crisis""; Don't walk in the dark; A new imperative; Develop a sense of continuity and direction for the future; A few words of wisdom; Notes; Index
Includes bibliographical references and index.
This book is about understanding the differences and risks, ownership, culture and management practices when investing, managing or working with Chinese companies. It explores the progression of overseas listing of Chinese companies and the reasons behind theattitude shifts towards overseas Chinese stocks.
Ethnology—Asia.
Business.
Management science.
International business enterprises.
Management.
Market research.
International economics.
Asian Culture.
Business and Management, general.
International Business.
Management.
Market Research/Competitive Intelligence.
International Economics.