In the Shadow of the Dragon
The Global Expansion of Chinese Companies--and How It Will Change Business Forever
Authors: Winter Nie, William Dowell
Pub Date: May 2012
Print Edition: $27.95
Print ISBN: 9780814431702
Page Count: 304
e-Book ISBN: 9780814431726
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China’s vision of its place in the world is evolving fast. For the last fifty years, Western companies have dominated the international marketplace and have generally played by the same rules. But Chinese companies are increasingly determined to compete internationally with established Western multinationals. And while many of us may not have heard of these organizations yet, Western companies already find themselves increasingly challenged head-on, forming new alliances with Chinese partners or being bought outright by Chinese investors.
Strengthened by a large, surprisingly well-educated, low-wage workforce, extensive government support, increased education, and an impressive readiness to adapt with lightning speed, Chinese companies are using revolutionary tactics to take down their competition. Written from the perspective of how China sees the world and how this vision relates to what is actually happening on the ground inside China, In the Shadow of the Dragon examines important factors involving China’s increasing international expansion. China is already having an important impact in the international world on everything from business to employment and there’s no going back now. Featuring profiles of key players and eye-opening case studies, In the Shadow of the Dragon provides an in-depth analysis of where Chinese organizations are headed and where they will take the rest of us.
Advance Praise for In the Shadow of the Dragon
“Everyone knows that Chinese firms have been on a shopping spree, buying up foreign assets. Who are these Chinese firms, and what are they really after? [This book] provides a uniquely Chinese answer. The chapter on Chinese innovation is particularly insightful and interesting.”
— Philippe Felten, CEO of BEA (Bureau Electronique Appliqué)
“With 1.3 billion potential customers and more than $1 trillion to invest, China is a country that no executive in business today can afford to ignore. [The authors] provide unique insights into how Chinese executives see the world today as well as the events that helped shape them. This is important reading for anyone hoping to compete in the global free market.”
— Gary Steel, Executive Vice President and Head of Human Resources of ABB (Asa Brown Bovier)
“It is no secret that China’s increasing importance on the international business scene is accelerating beyond expectations. In the Shadow of the Dragon provides key insights and profiles on the major Chinese companies that will become the world’s next multinationals and are already changing the global business environment. Nobody involved in international business can afford to ignore or miss this fundamental trend, which is radically changing the global competitive landscape. It is a must-read book for executives who try to understand the China phenomenon and the future role of Chinese multinationals.”
— Gerard R. Vittecoq, Group President and Executive Office Member of Caterpillar Inc.
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