Title

An encounter with a face of Chinese capitalism

Document Type

Journal article

Source Publication

Journal of Management Inquiry

Publication Date

3-1-2000

Volume

9

Issue

1

First Page

87

Last Page

91

Abstract

The article presents information on China's transformation into its own kind of open, modem, market-oriented society a change that is one of the world's great adventures. It is an exciting, inspiring, but very complex and arduous road. The West must make changes too, including changes to the powerful images of China. An outstanding difference is that, although American businesspeople must adapt to major marketplace changes, Chinese people are building a whole new system as they simultaneously do business. Managers in state-owned enterprises are moving away from operating schools, hospitals, and recreation halls to keep too many employees happy toward developing a customer-oriented, lean organization willing to form joint ventures with companies around the world. Just determining the value of the assets they provide the joint venture is a new, formidable task. The author says that what impresses him about businesspeople in China is their genuine openness. Managers state publicly that the company needs cooperative teamwork but that they had no idea how to develop it.

DOI

10.1177/105649260091018

Print ISSN

10564926

E-ISSN

15526542

Publisher Statement

Copyright © 2000 SAGE Publications

Access to external full text or publisher's version may require subscription.

Full-text Version

Publisher’s Version

Recommended Citation

Tjosvold, D. (2000). An encounter with a face of Chinese capitalism. Journal of Management Inquiry, 9(1), 87-91. doi: 10.1177/105649260091018