Title: Can China Lead?: Reaching the Limits of Power and Growth
It’s time to rethink how we think about China.
In this thought-provoking book, leading Chinese experts from Harvard Business School and the Wharton School argue that while China has experienced remarkable economic growth in recent decades (nearly 10% for more than three decades), it is now faces major challenges: tests that could alter the political and economic trajectory of the country.
A lack of accountability, transparency and ease of operation in China, combined with growing evidence of high-level corruption, has made domestic and foreign businesspeople increasingly suspicious of the “China model”. “. These issues have deep roots in Chinese history and the country’s political system.
Regina M. Abrami of the Wharton School and William C. Kirby and F. Warren McFarlan of Harvard Business School argue that the country’s vibrant private sector could be a source of sustainable growth, but it’s limited by corporate political patronage public. Disruptive innovation, research and development are limited by concerns about intellectual property protection. Most important of all is the question of China’s political future: does a system that has overseen dramatic transformations in recent years now have the capacity to transform?
Based on a popular new course taught by Harvard Business School authors, this book draws on more than thirty Harvard Business School case studies of Chinese and foreign companies doing business in the region, including Sealed Air, China Merchants Bank, China Mobile, Wanxiang Group, Microsoft, UFIDA and others.
Can China lead? asserts that China is at an inflection point that cannot be ignored. An understanding of the forces that continue to shape one’s business landscape is essential to establishing and sustaining a successful business in China.
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