ABSTRACT

As this tour of doing business in China draws to a close, it is perhaps time to speculate on some basic trends. Readers visiting China are free, as ever, to test these ideas against their own experiences and conversations.We argue that the expansion of the Chinese economy is not a phenomenon that affects China alone, or even East Asia alone. All of us are touched by this growth, and will be even more affected by it in the future. If we wait for this phenomenon to reach its full form before discussing it, it may be too late and great opportunities will have slipped away. It is time to start thinking about the presence and impact of Chinese-based international and multinational businesses, even if the practical outcome may be long deferred.