Doing Business With China (LV / Seminar)

Dozent: Njavro, Mato

LV-Nr.: 3131 L 178

MA-TGWT WTC

Doing Business With China

Di. 14-18 Uhr (14-tägig)

Online: Zoom-Veranstaltung

Beginn: 19.04.2022

This course will combine online teaching with guest lectures from people with extensive experiences of dealing with China (either in private or public sector). In addition to formal lectures, the course relies on case studies, recent research studies, media coverage and insights from domain experts. The course materials, taken together, will provide students with a solid understanding of China and enable them to benefit from and fully participate in the online meetings that will take place throughout the course.

Since initiating radical economic reforms and an open-door policy under the leadership of Deng Xiaoping, China has achieved astounding economic and social success. Growing at an average of 9.7 percent per annum since the late 1970s, modern China has lifted several hundred million people out of absolute poverty. China has been transformed from a traditional centrally-planned economy into a market economy, and an enormous new middle class has been born. The rapid rise of China is one of the telling stories of our times and, from a business perspective, it is a land of abundant opportunity. However, questions have also been raised about the environmental sustainability and social costs of the Chinese success story. Moreover, China's rise has been met with scepticism and doubt in the West, mainly in the US and the EU. How will this all play out? What are the implications of China's rise?

This course discusses Chinese society, its social organisation, and its economic development and exposes students to the contrasting socio-political, cultural and economic contexts of a modern Asian socialist state with a thriving market economy. It provides a broad sweep of the historical context of social change and seeks to equip students with a good appreciation of the history, culture, society, economy and polity in China through lectures and seminars as well as through direct communication and discussion with China experts. The seminar will take a deep dive into various sector of Chinese economy with strong emphasize on financial markets, Fintech and technology sector.

Required readings:

• ‘'Civilizational states' like China are less prone to populism’’; George Yeo, Straits Times (http://www.straitstimes.com/opinion/civilisational-states-like-china-are-less-prone-to-populism)
• Does the 21st Century Belong to China?: The Munk Debate on China (The Munk Debates) by Henry Kissinger, Niall Ferguson, David Daokui Li and Fareed Zakaria (Nov 22, 2011) (https://www.munkdebates.com/debates/china)
• ‘’Why Nations Fail’’; Robinson & Acemoglu (chapters 1, 3 &15)
• ‘’The One Hour China Book: Two Peking University Professors Explain All of China Business in Six Short Stories’’; Jeffrey Towson and Jonathan Woetzel, January 12, 2014
• The Rise and Fall of Soft Power; https://foreignpolicy.com/2018/08/20/the-rise-and-fall-of-soft-power/
• ‘’The party organiser’’, Financial Times (https://www.ft.com/content/ae18c830-adf8-11de-87e7-00144feabdc0)
• The power of China's chequebook diplomacy; http://www.straitstimes.com/opinion/the-power-of-chinas-chequebook-diplomacy
• PHANTOM DEMOCRACY: A PUZZLE AT THE HEART OF CHINESE POLITICS;

https://www.scmp.com/week-asia/politics/article/2161276/phantom-democracy-puzzle-heart-chinese-politics?utm_campaign=Echobox&utm_medium=Social&utm_source=Facebook#Echobox=1535164360

• https://www.ted.com/talks/eric_x_li_a_tale_of_two_political_systems(TED Talk, 20min)