Capitalist China

Capitalist China

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In Capitalist China - Strategies for a Revolutionized Economy author Jonathan Woetzel, Director of McKinsey a Company's office in Greater China and General Manager of its corporate finance practice, fully discusses the risks and opportunities created by China's development into a major economic power. Based on nearly two decades of experience, Dr. Woetzel presents industry-specific analysis sector by sector, including the high-tech and service areas. Capitalist China also includes interviews with leading multinational CEOs from companies such as Legend Computer, BP, LVMH, Orient Overseas, BHPB, Corning and Portman Holdings in which they share their personal experiences and insights on doing business in China. Capitalist China is a must read for anyone doing business in China, investors entering the China's financial markets, and students studying Asian or global economics.Today, a 2 1 -inch color TV retails for US$115, an Ericsson mobile phone for $70 and a large Samsung refrigerator for $85. ... In air conditioners, the number of players has dropped from 415 in 1996 to 94 in 2000; in refrigerators, the players have declined from 1 87 to 40. ... a first-mover position, it may come to naught since occasionally the government will intervene to support domestic producers.

Title:Capitalist China
Author:Jonathan R. Woetzel
Publisher:Wiley - 2003-08-13


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