Download or read book The Next Factory of the World written by Irene Yuan Sun and published by Harvard Business Press. This book was released on 2017-10-17 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Best Business Book of 2017 -- The Financial Times China is now the biggest foreign player in Africa. It's Africa's largest trade partner, the largest infrastructure financier, and the fastest-growing source of foreign direct investment. Chinese entrepreneurs are flooding into the continent, investing in long-term assets such as factories and heavy equipment. Considering Africa's difficult history of colonialism, one might suspect that China's activity there is another instance of a foreign power exploiting resources. But as author Irene Yuan Sun vividly shows in this remarkable book, it is really a story about resilient Chinese entrepreneurs building in Africa what they so recently learned to build in China--a global manufacturing powerhouse. The fact that China sees Africa not for its poverty but for its potential wealth is a striking departure from the attitude of the West, particularly that of the United States. Despite fifty years of Western aid programs, Africa still has more people living in extreme poverty than any other region in the world. Those who are serious about raising living standards across the continent know that another strategy is needed. Chinese investment gives rise to a tantalizing possibility: that Africa can industrialize in the coming generation. With a manufacturing-led transformation, Africa would be following in the footsteps of the United States in the nineteenth century, Japan in the early twentieth, and the Asian Tigers in the late twentieth. Many may consider this an old-fashioned way to develop, but as Sun argues, it's the only one that's proven to raise living standards across entire societies in a lasting way. And with every new Chinese factory boss setting up machinery and hiring African workers--and managers--that possibility becomes more real for Africa. With fascinating and moving human stories along with incisive business and economic analysis, The Next Factory of the World will make you rethink both China's role in the world and Africa's future in the globalized economy.

Download or read book Made in China written by Pun Ngai and published by Duke University Press. This book was released on 2005-04-05 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: As China has evolved into an industrial powerhouse over the past two decades, a new class of workers has developed: the dagongmei, or working girls. The dagongmei are women in their late teens and early twenties who move from rural areas to urban centers to work in factories. Because of state laws dictating that those born in the countryside cannot permanently leave their villages, and familial pressure for young women to marry by their late twenties, the dagongmei are transient labor. They undertake physically exhausting work in urban factories for an average of four or five years before returning home. The young women are not coerced to work in the factories; they know about the twelve-hour shifts and the hardships of industrial labor. Yet they are still eager to leave home. Made in China is a compelling look at the lives of these women, workers caught between the competing demands of global capitalism, the socialist state, and the patriarchal family. Pun Ngai conducted ethnographic work at an electronics factory in southern China’s Guangdong province, in the Shenzhen special economic zone where foreign-owned factories are proliferating. For eight months she slept in the employee dormitories and worked on the shop floor alongside the women whose lives she chronicles. Pun illuminates the workers’ perspectives and experiences, describing the lure of consumer desire and especially the minutiae of factory life. She looks at acts of resistance and transgression in the workplace, positing that the chronic pains—such as backaches and headaches—that many of the women experience are as indicative of resistance to oppressive working conditions as they are of defeat. Pun suggests that a silent social revolution is underway in China and that these young migrant workers are its agents.

Download or read book The Chinese Birdcage written by Heleen Mees and published by Springer. This book was released on 2016-10-17 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book vividly describes how China’s rise in the early 2000s led to rising profits and declining labor income everywhere, ultimately resulting in the global financial crisis. Under Deng Xiaoping’s policy of ‘reform and opening up’ in the 1980s, China quickly became the world’s factory floor...but powerful political leaders envisioned a world in which the market economy would be trapped within the confines of a planned economy. With China’s admission into the World Trade Organization in 2001, almost a billion people joined the global workforce, driving down the real wages of blue- and white-collar workers in the US and Europe while also lowering interest rates, which fueled housing bubbles and destabilized the financial sector. This book explores China’s significant influence on western economies by focusing on the links between the labor market, corporate profits, and interest rates, using Arthur Lewis's framework for economic growth with unlimited supplies of labor to argue that by 2010 the world economy – and political situations – had been set back almost one hundred years.

Download or read book China as the Workshop of the World written by Yuning Gao and published by Taylor & Francis. This book was released on 2012-04-27 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is China becoming the "workshop of the world" in the same way as Britain and the United States once were; or is China – as some multinational companies believe – simply a processing segment in global production networks? This book examines China’s role in the international division of labor: it analyzes the scale and scope of China’s manufacture; the type and relative sophistication of its exports in the world market; and its position in the global value chain. It shows that China monopolizes industrial production by being the processing center of world. Based on extensive original research, this book examines the structure of production in global manufacturing industries, applying both qualitative and quantitative methods. It analyzes each segment of the value chain, exploring in depth several specific industrial sectors. It concludes that China has become deeply integrated into global manufacturing industry; that China’s position in the value chain is still quite low, with relatively low research and development (R&D) and other similar high-value activities; but that, in some sectors, China is catching up rapidly, especially in newly emerging sectors.

Download or read book China as the World Factory written by Kevin H. Zhang and published by Routledge. This book was released on 2006-09-27 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Few countries have integrated into the world economy as fast – or as dramatically – as China has since 1978. The world’s most populous country is emerging as a world workshop and export machine: a visit to a department store in any country will unearth a plethora of goods manufactured in the People’s Republic. China is now the world’s fourth largest exporting nation. In this important book, Kevin Zhang brings together an international team of contributors to analyze this development process. Taking a thematic approach, the book covers: * manufacturing exports and the world workshop * foreign capital and china’s industrial development * challenges from the WTO and openness. This topical analysis will be an excellent resource for postgraduate students and researchers in the fields of Asian and Chinese studies, export studies, and economics.

Download or read book The Myth of Chinese Capitalism written by Dexter Roberts and published by Macmillan + ORM. This book was released on 2020-03-10 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: The “vivid, provocative” untold story of how restrictive policies are preventing China from becoming the world’s largest economy (Evan Osnos). Dexter Roberts lived in Beijing for two decades working as a reporter on economics, business and politics for Bloomberg Businessweek. In The Myth of Chinese Capitalism, Roberts explores the reality behind today’s financially-ascendant China and pulls the curtain back on how the Chinese manufacturing machine is actually powered. He focuses on two places: the village of Binghuacun in the province of Guizhou, one of China’s poorest regions that sends the highest proportion of its youth away to become migrants; and Dongguan, China’s most infamous factory town located in Guangdong, home to both the largest number of migrant workers and the country’s biggest manufacturing base. Within these two towns and the people that move between them, Roberts focuses on the story of the Mo family, former farmers-turned-migrant-workers who are struggling to make a living in a fast-changing country that relegates one-half of its people to second-class status via household registration, land tenure policies and inequality in education and health care systems. In The Myth of Chinese Capitalism, Dexter Roberts brings to life the problems that China and its people face today as they attempt to overcome a divisive system that poses a serious challenge to the country’s future development. In so doing, Roberts paints a boots-on-the-ground cautionary picture of China for a world now held in its financial thrall. Praise for The Myth of Chinese Capitalism “A gimlet-eyed look at an economic miracle that may not be so miraculous after all.” —Kirkus Reviews “A clearheaded and persuasive counter-narrative to the notion that the Chinese economic model is set to take over the world. Readers looking for an informed and nuanced perspective on modern China will find it here.” —Publishers Weekly “A sophisticated and readable take of China’s triumphs and crises. . . . A first-hand witness to China’s transformation over the past quarter century, Roberts credibly challenges the myth of China’s inevitable rise and global dominance.” —Ian Johnson, Pulitzer Prize–winning author and Beijing-based correspondent “A potent mix of personal stories and deft analysis, The Myth of Chinese Capitalism takes a hard look at China’s migrants and rural people.” —Mei Fong, Pulitzer Prize–winning journalist and author of One Child: The Story of China’s Most RadicalExperiment

Download or read book Factory Girls written by Leslie T. Chang and published by Random House. This book was released on 2009-08-04 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: An eye-opening and previously untold story, Factory Girls is the first look into the everyday lives of the migrant factory population in China. China has 130 million migrant workers—the largest migration in human history. In Factory Girls, Leslie T. Chang, a former correspondent for the Wall Street Journal in Beijing, tells the story of these workers primarily through the lives of two young women, whom she follows over the course of three years as they attempt to rise from the assembly lines of Dongguan, an industrial city in China’s Pearl River Delta. As she tracks their lives, Chang paints a never-before-seen picture of migrant life—a world where nearly everyone is under thirty; where you can lose your boyfriend and your friends with the loss of a mobile phone; where a few computer or English lessons can catapult you into a completely different social class. Chang takes us inside a sneaker factory so large that it has its own hospital, movie theater, and fire department; to posh karaoke bars that are fronts for prostitution; to makeshift English classes where students shave their heads in monklike devotion and sit day after day in front of machines watching English words flash by; and back to a farming village for the Chinese New Year, revealing the poverty and idleness of rural life that drive young girls to leave home in the first place. Throughout this riveting portrait, Chang also interweaves the story of her own family’s migrations, within China and to the West, providing historical and personal frames of reference for her investigation. A book of global significance that provides new insight into China, Factory Girls demonstrates how the mass movement from rural villages to cities is remaking individual lives and transforming Chinese society, much as immigration to America’s shores remade our own country a century ago.

Download or read book Making Of An Economic Superpower The Unlocking China s Secret Of Rapid Industrialization written by Yi Wen and published by World Scientific. This book was released on 2016-05-13 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rise of China is no doubt one of the most important events in world economic history since the Industrial Revolution. Mainstream economics, especially the institutional theory of economic development based on a dichotomy of extractive vs. inclusive political institutions, is highly inadequate in explaining China's rise. This book argues that only a radical reinterpretation of the history of the Industrial Revolution and the rise of the West (as incorrectly portrayed by the institutional theory) can fully explain China's growth miracle and why the determined rise of China is unstoppable despite its current 'backward' financial system and political institutions. Conversely, China's spectacular and rapid transformation from an impoverished agrarian society to a formidable industrial superpower sheds considerable light on the fundamental shortcomings of the institutional theory and mainstream 'blackboard' economic models, and provides more-accurate reevaluations of historical episodes such as Africa's enduring poverty trap despite radical political and economic reforms, Latin America's lost decades and frequent debt crises, 19th century Europe's great escape from the Malthusian trap, and the Industrial Revolution itself.

Download or read book Factory Man written by Beth Macy and published by Little, Brown. This book was released on 2014-07-15 with total page 469 pages. Available in PDF, EPUB and Kindle. Book excerpt: The instant New York Times bestseller about one man's battle to save hundreds of jobs by demonstrating the greatness of American business. The Bassett Furniture Company was once the world's biggest wood furniture manufacturer. Run by the same powerful Virginia family for generations, it was also the center of life in Bassett, Virginia. But beginning in the 1980s, the first waves of Asian competition hit, and ultimately Bassett was forced to send its production overseas. One man fought back: John Bassett III, a shrewd and determined third-generation factory man, now chairman of Vaughan-Bassett Furniture Co, which employs more than 700 Virginians and has sales of more than $90 million. In Factory Man, Beth Macy brings to life Bassett's deeply personal furniture and family story, along with a host of characters from an industry that was as cutthroat as it was colorful. As she shows how he uses legal maneuvers, factory efficiencies, and sheer grit and cunning to save hundreds of jobs, she also reveals the truth about modern industry in America.

Download or read book 42 Rules for Sourcing and Manufacturing in China 2nd Edition written by Rosemary Coates and published by Happy About. This book was released on 2013-07 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: Doing business in China is tougher than you think. Not only is the culture vastly different, but China's experience in manufacturing is still developing. It will be a few years before the majority of manufacturers are up to world standards. In the meantime, quality, contract laws, schedules and logistics must be closely monitored. As a result, the things Westerners must do to be successful are far different from dealing with American or European manufacturers. The best way to quickly come up to speed on these differences and how to handle them is to learn from the experience of others. Through over 20 extraordinary executive interviews, Rosemary Coates captured the essence of sourcing and manufacturing in China. '42 Rules for Sourcing and Manufacturing in China (2nd Edition)' is a pragmatic approach that every businessperson headed to China must read. For business people who are experienced in doing business in China, or for first-time visitors, this book will provide valuable insights from real executives and experts. These executives offer their personal experiences and recommendations about sourcing and manufacturing in China. Going beyond simple cultural do's and don'ts, you will discover: how business is really done how you can make things happen in China the mistake westerners often make, and how to avoid them what made these executives successful Based on her 25 years of supply chain experience, much of it spent living and working across Asia, Rosemary Coates has become an expert on doing business in China. Her own personal experiences in China are interwoven into this book.

Download or read book Chinese Labor in a Korean Factory written by Jaesok Kim and published by Stanford University Press. This book was released on 2013-04-10 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chinese Labor in a Korean Factorydraws on fieldwork in a multinational corporation (MNC) in Qingdao, China, and delves deep into the power dynamics at play between Korean management, Chinese migrant workers, local-level Chinese government officials, and Chinese local gangs. Anthropologist Jaesok Kim examines how governments, to attract MNCs, relinquish parts of their legal rights over these entities, while MNCs also give up portions of their rights as proxies of global capitalism by complying with local government guidelines to ensure infrastructure and cheap labor. This ethnography demonstrates how a particular MNC struggled with the pressure to be increasingly profitable while negotiating the clash of Korean and Chinese cultures, traditions, and classes on the factory floor of a garment corporation. Chinese Labor in a Korean Factory pays particular attention to common features of post-socialist countries. By analyzing the contentious collaboration between foreign management, factory workers, government officials, and gangs, this study contributes not only to the research on the politics of resistance but also to how global and local forces interact in concrete and surprising ways.

Download or read book The End of Cheap China written by Shaun Rein and published by John Wiley & Sons. This book was released on 2012-02-13 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: As China evolves, so does the global marketplace—all the way down to the consumer The End of Cheap China is a detailed look at the rise of China, and how it will affect the global marketplace. A thorough exploration of the changes taking place in the Chinese economy, the book explains how much of the Western consumerist culture is built on the back of cheap Chinese factory labor, and warns that the era is coming to a close. Readers will learn why the cheap labor pool is beginning to dry up, what that means for the rest of the world, and how businesses will have to adapt to stay afloat. This updated second edition includes new statistics, the latest news on the Chinese economy, and additional case studies that illustrate the ways in which China has developed—into a brand-new potential market. China's social, political, and economic evolution will affect the entire world. Rising incomes are building pressure on the global commodities market, inflation is only just beginning, and consumers are experiencing sticker shock as cheap labor is becoming harder to find. The End of Cheap China explains the factors driving these changes, the impact that can be expected, and the opportunities that constitute a major silver lining for businesses panicking about the coming paradigm shift. Readers will: Discover the eight mega-trends changing China, and how far the ripples will spread Learn how rising costs in China will dramatically affect the American way of life Examine the rise of Chinese consumption, and the friction it engenders Consider the changes businesses must make to remain profitable in a changing world The global marketplace is evolving, and it's up to businesses to keep pace with the changes. The End of Cheap China provides a roadmap for navigating these changes, helping businesses lead the charge toward a more affluent global economy.

Download or read book The Epic Split Why Made in China Is Going Out of Style written by Johan Nylander and published by . This book was released on 2020-09-16 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Concise, and highly entertaining."- Louis-Vincent Gave, CEO Gavekal Research "The Epic Split is packed full of great insights and anecdotes."- Rob Carnell, Chief Economist, Asia-Pacific, ING Bank "Essential reading."- Risto E J Penttilä, Secretary General, European Business Leaders' ConventionThis book is about the greatest break-up the world has ever seen.The conflict between the world's two biggest economies is far from being just about trade. It's a fierce and escalating battle between two ideologies. If the past decades were characterized by globalization, the next may well be all about decoupling: the disintegration of the relationship between the US and China. Companies are leaving China, no question. And consumers around the world say they prefer products not made there. It's clear that 'Made in China' is going out of fashion. However, this is not a book about the world going up in flames. It's about change and opportunities.For China, the conflict has given new urgency to the need to modernize its economy and become more self-reliant in technology. For international companies and for governments around the world, it has been a wake-up call to cut dependency on Chinese supply chains, against a backdrop of rising consumer skepticism toward China. The world's biggest maker of mobile phones, Samsung Electronics, recently closed down its last factory in China. More will follow. "Nylander does a superb job of unpacking the state of decoupling between US and China"- Paul Triolo, head of geotechnology at Eurasia Group"It was a pure pleasure reading his book. Highly relevant - and elegant."- Ulf Ohrling, founder and director Ohrling Advisory Ltd

Download or read book Death by China written by Peter Navarro and published by Pearson Prentice Hall. This book was released on 2011-05-05 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world's most populous nation and soon-to-be largest economy is rapidly turning into the planet's most efficient assassin. Unscrupulous Chinese entrepreneurs are flooding world markets with lethal products. China's perverse form of capitalism combines illegal mercantilist and protectionist weapons to pick off American industries, job by job. China's emboldened military is racing towards head-on confrontation with the U.S. Meanwhile, America's executives, politicians, and even academics remain silent about the looming threat. Now, best-selling author and noted economist Peter Navarro meticulously exposes every form of "Death by China," drawing on the latest trends and events to show a relationship spiraling out of control. Death by China reveals how thousands of Chinese cyber dissidents are being imprisoned in "Google Gulags"; how Chinese hackers are escalating coordinated cyberattacks on U.S. defense and America's key businesses; how China's undervalued currency is damaging the U.S., Europe, and the global recovery; why American companies are discovering that the risks of operating in China are even worse than they imagined; how China is promoting nuclear proliferation in its pursuit of oil; and how the media distorts the China story--including a "Hall of Shame" of America's worst China apologists. This book doesn't just catalogue China's abuses: It presents a call to action and a survival guide for a critical juncture in America's history--and the world's. Publisher's note - in this book various quotes and viewpoints are attributed to a 'Ron Vara'. Ron Vara is not an actual person, but rather an alias created by Peter Navarro in order to present his views and opinions.

Download or read book China Inc written by Ted C. Fishman and published by Simon and Schuster. This book was released on 2005 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: What will happen when China can make nearly everything the U.S. and Europe can make--at one-third the cost? Fishman delves into dangerous question that not everyone wants answered.

Download or read book Industrial Shift The Structure of the New World Economy written by J. Atikian and published by Springer. This book was released on 2013-05-02 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a turbulent global economy, the popular idea of declining farms and factories is largely unfounded. UN and World Bank data show growing output everywhere, but it remains hidden by the faster-growing service sector. Engineers, programmers, surgeons, and pilots make up an increasing share of what is actually the service sector, showing that this sector is not in decline. There is no doubt that industries are shifting, but how does it all add up? Quantifying these technology-driven shifts is fundamental, yet such publication has lagged for years, with stale ideas about what makes a healthy economy persisting since the 1940s. In this new work, Atikian gives us a freshly updated overview countering our tired assumptions about off-shoring, low wages, and industrial decline and providing us with...some fact based confidence in the economy.

Download or read book Dying for an iPhone written by Jenny Chan and published by Haymarket Books. This book was released on 2020-06-02 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Suicides, excessive overtime, and hostility and violence on the factory floor in China. Drawing on vivid testimonies from rural migrant workers, student interns, managers and trade union staff, Dying for an iPhone is a devastating expose of two of the world’s most powerful companies: Foxconn and Apple. As the leading manufacturer of iPhones, iPads, and Kindles, and employing one million workers in China alone, Taiwanese-invested Foxconn’s drive to dominate global electronics manufacturing has aligned perfectly with China’s goal of becoming the world leader in technology. This book reveals the human cost of that ambition and what our demands for the newest and best technology means for workers. Foxconn workers have repeatedly demonstrated their power to strike at key nodes of transnational production, challenge management and the Chinese state, and confront global tech behemoths. Dying for an iPhone allows us to assess the impact of global capitalism’s deepening crisis on workers.’