Much has been said about the re-emergence of China to its historical position of eminence in the world economy, yet little is understood about the kind of economic system China is evolving. What are the rules of the game of business in today's China, and how are they likely to change over the next decades?

1. Another Miracle? ; 2. Describing Business Systems ; 3. Escape from History? ; 4. The Legacies of History ; 5. The Regional Ethnic Chinese in Business ; 6. The State-owned Enterprises ; 7. From Collectives to Local Corporates ; 8. The Private Sector ; 9. Introduction to the Comparative Chapters ; 10. United States ; 11. Japan ; 12. Germany ; 13. South Korea ; 14. The Future of Chinese Capitalism

`Review from previous edition The Future of Chinese Capitalism is one of the most important scholarly works on Chinese capitalism examined in the context of the PRC... Though a weighty academic work, the book is written in a quite reader-friendly style that researchers, college students, and even managers would appreciate.' International Business Review `A definitive examination of the challenges that China faces in its efforts to emerge as an economic superpower.' Strategy + Business

Two leading experts explore the rules of the game for business in China Written for those looking to do business in China, and those concerned with international economic policy strategies Provides a comparative perspective with France, Germany, Japan, Korea, and the United States Provides a historical perspective to aid understanding of likely future developments

Gordon Redding is Director of the Euro-Asia and Comparative Research Centre, at INSEAD. He is also Professor Emeritus at the University of Hong Kong. He is a specialist on Asian management, and especially on Chinese capitalism. He spent 24 years based at the University of Hong Kong, where he established and was Director of the Business School, and its sister organisation in executive education, the Poon Kam Kai Institute of Management. His research focuses on the comparative understanding of Asian business systems, and especially on the contrasts between Chinese, Korean, and Japanese forms of capitalism. As well as encompassing cultural effects it analyses the influence of institutions and societal processes seen historically. In addition his work has included the implications for multi-nationals working in the region, and the operating problems of expatriate management. He has published ten books, including The Spirit of Chinese Capitalism, and over a hundred research papers. Michael A. Witt is Affiliate Professor of Asian Business and Comparative Management at INSEAD. The focus of his work has been on understanding the variations in the 'rules of the game' of business in different countries and regions, especially in China, Japan, and Korea, as well as in the West. Previous work in this vein includes a book on Japan entitled Changing Japanese Capitalism (Cambridge University Press, 2006). He holds an AB in International Relations and Japanese from Stanford University and a PhD in political science from Harvard University. He is a Fellow at the INSEAD Euro-Asia and Comparative Research Centre.

Two leading experts explore the rules of the game for business in China Written for those looking to do business in China, and those concerned with international economic policy strategies Provides a comparative perspective with France, Germany, Japan, Korea, and the United States Provides a historical perspective to aid understanding of likely future developments