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China in Crisis

  • Michael Backman

Abstract

The previous chapter looked at the good news about China. This chapter does the opposite. It looks at many of the negatives and there are plenty. China strategy in many foreign companies often becomes captured by China enthusiasts. Many have staked their careers and their reputations on going into China. Millions are at stake and truth is often the first casualty. They look at the yin and forget the yang.

Keywords

Corporate Governance Central Government World Trade Organization British American Tobacco White Good 
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Notes

  1. 1.
    Goldman Sachs, “Global Economics Paper no. 99: Dreaming with BRICS: The path to 2050,” October 2003.Google Scholar
  2. 3.
    Backman, M., Asian Eclipse: Exposing the Dark Side of Business in Asia, 2nd edn, John Wiley & Sons, 2001, p. 293.Google Scholar
  3. 12.
    West Australian, “Officials in China flee with millions,” August 21, 2004.Google Scholar
  4. 20.
    Levy, A. and C. Scott-Clark, The Stone of Heaven:The Secret History of Imperial Green Jade, Phoenix, 2002, p. 252.Google Scholar
  5. 22.
    Hale, D., “Will China need a blue water navy to protect commodity markets?,” background paper published by Hale Advisors LLC, Chicago, January 7, 2004.Google Scholar
  6. 24.
    Business Times, “EU won’t accept China as market economy,” June 29, 2004.Google Scholar

Copyright information

© Michael Backman 2005

Authors and Affiliations

  • Michael Backman

There are no affiliations available

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