Daniel Burstein, Senior Advisor, The Blackstone Group, and co-author of BIG DRAGON.
"A pathbreaking study compacting two decades of American and other foreign business experience in the new and always evolving China market into one volume. It offers . . . the most detailed and cogent analysis done by any expert to date on how th e process of foreign investment in China actually works and the range of challenges and outcomes. A must read for any executive heading off to run a China operation for a multinational corporation..."
Publisher comments
Honored as an Outstanding Academic Book by Choice Magazine, January 1999
Back Cover copy
This study describes the experiences of foreign-invested firms in the mainland Chinese economy and projects the implications of those experiences for the foreign commercial policies of the industrial countries, including the United States. It draws on extensive interviews with expatriate managers and other professionals currently at work in China. Dan Rosen analyzes developments at each phase of running a business in China and then derives a set of conclusions, including that the World Trade Organization cannot hope to solve all the commercial concerns of China's trading partners.
Whereas recent books on Chinese marketplace conditions focus on a single firm or issue, or lack a discussion of policy conclusions (because they are prepared for a commercial audience), this study is distinguished by the breadth of industry interviews and its concern for policy implications. Rosen offers a rare attempt to deduce the policy implications of current experiences of foreign firms in China, presenting conclusions that go beyond those found in today's usual policy debate.
Foreign Enterprises in the Chinese Economy is a must for China specialists and should be read by anyone with general or business interests in China or the Asia-Pacific region. The report will be an ideal text for MBA programs that focus on the region, and for political science and Asian studies courses on China.
About the author
Daniel H. Rosen, Research Fellow, has written on Chinese economic and environmental developments and American policy, and bilateral commercial relations between the two countries. In addition to China, he has worked on US use of economic sanctions as a foreign policy tool, liberalization of global telecommunication markets, and the costs and benefits of removing trade barriers in East Asian economies. Mr. Rosen received his BA, with Honors, from the University of Texas at Austin in Asian Studies, followed by a Master of Science in Foreign Service, with Distinction, from Georgetown University. He is a Term Member of the Council on Foreign Relations.
