NOANCIENTWISDOM,NOFOLLOWERS_TheChallenge.epub - (EPUB全文下载)

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To Jun, Pete, and Quint
Copyright © 2012 James McGregor, Inc.
All rights reserved. No portion of this book may be reproduced
in any fashion, print, facsimile, or electronic, or by any method
yet to be developed, without express written permission of the author.
Published by
Prospecta Press
P.O. Box 3131
Westport, CT 06880
(203) 454-4454
www.prospectapress.com
Book and cover design by Barbara Aronica-Buck
Print ISBN 978-1-935212-81-2
E-book ISBN: 978-1-935212-82-9
First edition September 2012
Visit http://www.jamesmcgregor-inc.com

for updates and further information.
CONTENTS
PREFACE
INTRODUCTION:
THE FUTURE COMMANDING HEIGHTS
The Communist Party of China has two unwavering objectives: make China rich and powerful and guarantee the Party’s political monopoly. At the center of this are behemoth state-owned enterprises that dominate all key sectors and have been instrumental to the country’s current success. As China’s global reach expands, this one-of-a-kind system is challenging the rules and organizations that govern global trade as well as the business plans and strategies of multinationals around the globe. At the same time, the limits of authoritarian capitalism are increasingly evident at home where corruption is endemic, the SOEs are consuming the fruits of reform, and the economic engine is running out of gas. Some top Party leaders are pushing far-reaching reforms that expand the private sector and empower entrepreneurs. But their plans are facing determined opposition from vested interests in the Party that are enriched and protected by the system as it is. The outcome of this struggle is far from certain.
CHAPTER ONE:
STATE ENTERPRISE COMES FULL CIRCLE
SOEs are the vanguard of China’s authoritarian capitalism. Their history has come full circle. They started as Soviet-inspired drivers of China’s industrialization and regimentation under Mao, then faded into the background during Deng Xiaoping’s reforms. The SOEs returned to prominence under the Hu Jintao and Wen Jiabao administration as anointed “national champions” to lead China’s international ambitions and serve as guarantors of Party supremacy.
FEELING THE STONES
The pragmatic reforms of the Deng Xiaoping and Jiang Zemin eras breathed life into the post-Mao Chinese economy by scaling back the state sector and releasing the energy of China’s entrepreneurs.
WE ARE THE CHAMPIONS
The Hu-Wen administration reversed this trend by cultivating national champion state-owned enterprises that ............

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