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The China Strategy
Book

The China Strategy

Harnessing the Power of the World's Fastest-Growing Economy

Basic Books, 2010 Mehr


Editorial Rating

8

Qualities

  • Applicable

Recommendation

Perhaps Frank Sinatra’s familiar refrain needs a slight alteration to reflect the current reality: “If I can make it there, I’ll make it anywhere. It’s up to you”...China, China. No firm can afford to ignore China as a market, manufacturing base or source of competition. Management consultant Edward Tse’s wide-ranging viewpoint (Tse was born in Hong Kong but educated in the US) offers anxious businesspeople clarity and direction. He lucidly describes the forces he thinks will shape China’s future and illustrates how your business can prepare for this transformation. Although the book’s call to action – plan now for an unknown future – may overwhelm some readers, getAbstact recommends this overview of China’s shifting commercial climate to managers considering moving to China, those who are already active there, and those who realize the degree of China’s imminent influence and want to prepare for the turmoil ahead.

Take-Aways

  • Every aspect of China will mutate in the second decade of the 21st century. Firms must prepare themselves for such a radical overhaul.
  • Four “drivers” will bring about deep-seated changes in China’s economy:
  • “Open China” means competition will flood the market and consumers will be “fickle.”

About the Author

Management consultant Edward Tse is Booz & Co.’s chairman for Greater China. He has worked for the World Bank, the Asian Development Bank and the Chinese government.


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