China is facing many new business challenges as a result of rapid growth and a changing world economy. How can managers develope the skills they need to cope with these challenges in a changing world?

The reform of Chinese management has been high on the PRC government's agenda. Since 1978, while China has been moving from a command economy to a socialist market economy, it has had to turn its economic cadres into managers as part of its "Four Modernizations" and "Open Door" reform policies. The contributors here examine in detail the "managerial revolution" now taking place in China. Special attention is given to ways in which the Dengist market-driven model has been introduced at macro- and then micro-enterprise level; the introduction of the "contract responsibility" system which has increased managers' autonomy in decision making; and the ways in which many of the old state "dinosaur" firms are being in effect "privatized", with enormous inplications for both managers and workers. The analysis centres on reform in the areas of HRM, joint-venture creation, managerial motivation, managing corporate networks and organizational learning.

How China Became Capitalist details the extraordinary, and often unanticipated, journey that China has taken over the past thirty five years in transforming itself from a closed agrarian socialist economy to an indomitable economic force in the international arena. The authors revitalise the debate around the rise of the Chinese economy through the use of primary sources, persuasively arguing that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, and that it was 'marginal revolutions' that introduced the market and entrepreneurship back to China. Lessons from the West were guided by the traditional Chinese principle of 'seeking truth from facts'. By turning to capitalism, China re-embraced her own cultural roots. How China Became Capitalist challenges received wisdom about the future of the Chinese economy, warning that while China has enormous potential for further growth, the future is clouded by the government's monopoly of ideas and power. Coase and Wang argue that the development of a market for ideas which has a long and revered tradition in China would be integral in bringing about the Chinese dream of social harmony.

Since the founding of the People’s Republic of China over 70 years ago, five paramount leaders have shaped the fates and fortunes of the nation and the ruling Chinese Communist Party: Mao Zedong, Deng Xiaoping, Jiang Zemin, Hu Jintao, and Xi Jinping. Under their leaderships, China has undergone an extraordinary transformation from an undeveloped and insular country to a comprehensive world power. In this definitive study, renowned Sinologist David Shambaugh offers a refreshing account of China’s dramatic post-revolutionary history through the prism of those who ruled it. Exploring the persona, formative socialization, psychology, and professional experiences of each leader, Shambaugh shows how their differing leadership styles and tactics of rule shaped China domestically and internationally: Mao was a populist tyrant, Deng a pragmatic Leninist, Jiang a bureaucratic politician, Hu a technocratic apparatchik, and Xi a modern emperor. Covering the full scope of these leaders’ personalities and power, this is an illuminating guide to China’s modern history and understanding how China has become the superpower of today.

The rise of China is no doubt one of the most important events in world economic history since the Industrial Revolution. Mainstream economics, especially the institutional theory of economic development based on a dichotomy of extractive vs. inclusive political institutions, is highly inadequate in explaining China's rise. This book argues that only a radical reinterpretation of the history of the Industrial Revolution and the rise of the West (as incorrectly portrayed by the institutional theory) can fully explain China's growth miracle and why the determined rise of China is unstoppable despite its current 'backward' financial system and political institutions. Conversely, China's spectacular and rapid transformation from an impoverished agrarian society to a formidable industrial superpower sheds considerable light on the fundamental shortcomings of the institutional theory and mainstream 'blackboard' economic models, and provides more-accurate reevaluations of historical episodes such as Africa's enduring poverty trap despite radical political and economic reforms, Latin America's lost decades and frequent debt crises, 19th century Europe's great escape from the Malthusian trap, and the Industrial Revolution itself.

The Chinese Communist Party and China’s Capitalist Revolution examines issues of political change and development in China. In the last 30 years China has experienced a profound political transformation and a degree of political progress but these are largely mired in the assumption that the free market is inherently incompatible with communism, and the perceived lack of political reforms in China. Indeed, there has not been much in the sense of democratization, multi-party competition, freedom of speech and association, but as this book demonstrates, political development is not limited to these factors. Based on extensive empirical investigations of the impact of the market on the communist party, with a particular focus on its grassroots organisations, this book finds that the Chinese communist party is undergoing profound changes in a host of important areas. By analyzing the impact of China’s socioeconomic transformation on the CCP and the adaptations of the Party to the new environment the book takes stock of the nature and dynamics of political change underway in China. The author concludes that the Chinese communist party we knew no longer exists—it is evolving into something quite different, which must have political implications for both China and the rest of the world. Professor Lance L. P. Gore is a political scientist specializing in contemporary Chinese politics at The East Asian Institute, National University of Singapore.

China’s Communist Party seized power in 1949 after a long period of guerrilla insurgency followed by full-scale war, but the Chinese revolution was just beginning. China Under Mao narrates the rise and fall of the Maoist revolutionary state from 1949 to 1976—an epoch of startling accomplishments and disastrous failures, steered by many forces but dominated above all by Mao Zedong. “Walder convincingly shows that the effect of Maoist inequalities still distorts China today...[It] will be a mind-opening book for many (and is a depressing reminder for others).” —Jonathan Mirsky, The Spectator “Andrew Walder’s account of Mao’s time in power is detailed, sophisticated and powerful...Walder takes on many pieces of conventional wisdom about Mao’s China and pulls them apart...What was it that led so much of China’s population to follow Mao’s orders, in effect to launch a civil war against his own party? There is still much more to understand about the bond between Mao and the wider population. As we try to understand that bond, there will be few better guides than Andrew Walder’s book. Sober, measured, meticulous in every deadly detail, it is an essential assessment of one of the world’s most important revolutions.” —Rana Mitter, Times Literary Supplement