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Conclusion: The Future of Chinese Management

The People’s Republic of China (henceforth to be referred to as China) formally entered the World Trade Organization (WTO) in December 2001, after a long period of debate and negotiation (see Holbig and Ash, 2002; Magarinos et al., 2002; Ostry et al., 2002).1 It was the culmination of a reform programme that had transformed its economy and its management starting at the end of the 1970s, not long after the deaths of the leading lights of the ‘Long March’ generation, former Prime Minister, Zhou Enlai in January 1976 and former Party Chairman, Mao Zedong in September of that year.