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China's new order: A detailed account of China's government reforms and their implications for foreign investors
China's new order A detailed account of China's government reforms and their implications for foreign investors Author:The Economist Intelligence Unit China has seen reforms for the country's ministries and state commissions before. The 1998 reforms, however, mark a radical step for the Chinese Communist Party and therefore for anyone investing in China. Read China's new order and you will discover why the 1998 reforms are so important. The report will explain: * The background to the g... more »overnment restructuring--why it had to take place * What the changes are--and what they mean for business * How the power balance has changed between the ministries * The impact on the People's Liberation Army * What further changes are likely to be made * How decision-making now works in the government ministries * Who the key players now are--and how to cultivate them * Strategies for taking advantage of the reforms to benefit your business * How to do business in the new administrative environment--from building guanxi to handling officials and lobbying for the business * Essential contacts, information sources and a complete list of all the ministries China's new order is written for both the newcomer to China and companies already established there. If you're just setting up in China, you will benefit from a concise overview of China's current bureaucracy, tips on doing business in China, and a detailed list of essential contacts, information sources and ministry details. If you're already operating in China, you'll appreciate the analysis of the reform process and political structure, the review of the changes in key government ministries, and the practical advice on how to handle officials in the new regulatory environment. China's new order will answer questions such as these: * What are the new ministries, who heads them and what is their background? * Why did such revolutionary reforms have to take place? * What do they mean for China's bloated state sector? * What are the opportunities for foreign investors? * How have the rules changed for dealing with government officials? * Have the reforms ended--or are they just beginning? * How can you manage guanxi for maximum benefit to your business? * What are the pros and cons of getting things done by "going through the back door"?« less