Enterprising China: Business, Economic, and Legal Developments Since 1979

ISBN : 9780199205820

Linda Yueh
384 Pages
164 x 234 mm
Pub date
Jul 2011
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China has undergone a remarkable transition over the past thirty years from a centrally-planned economy to a more market oriented one. The transformation of business in China has been correspondingly evident. This book gives an interdisciplinary analysis of the evolution of business development in China and the 'marketization' of industry during this period within a complex framework of legal, political, and economic reform aims. The book includes twelve original business case studies to provide industry-specific analysis of the overarching macroeconomic and legal developments. It examines both domestic enterprise reform in China and the evolving treatment of foreign firms in the context of both corporate laws and economic policies, and how business is likely to evolve as economic and legal reforms rapidly increase during the twenty-first century, notably with regard to China's increasing global integration.


1. Introduction
2. Legal and Economic Reforms and the Development of a Corporate Sector
3. Law and Markets
4. State-Owned Enterprises: Law as Instrument of Economic Policy
5. Collectively-Owned Enterprises: Hybrid Ownership Form and the Partial Reform Strategy
6. Private Firms: Law Ex Post and as Obstacle
7. Foreign Firms: Law Leading the Market
8. Conclusions: Business in China - the Evolution of Laws and the Market

About the author: 

Linda Yueh is a fellow in economics at St Edmund Hall, University of Oxford, adjunct professor of economics at the London Business School, and visiting professor of economics at Peking University. Dr. Yueh directs the China Growth Centre at Oxford and is an associate of the Centre for Economic Performance and IDEAS research centre at the London School of Economics. She has been an advisor to, among others, the World Economic Forum in Davos, the World Bank, the European Commission, and the Asian Development Bank. She is also an economics broadcaster and has published widely in the areas of economics, law, globalisation, and development.

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