Examines debt, investment, management culture, reform, joint ventures, cultural issues, categorization, negotiations and membership in trade organizations.
Written in 1999; 1,800 words; 13 sources; $ 63.95
From the Paper:
"DEBT, INVESTMENT, & MANAGEMENT CULTURE IN CHINA
The People's Republic of China (PRC) has not amassed a mountain of external debt as many other developing economies have done. The PRC is classified by the World Bank (1997) as a low-income economy. Among the 49 economies included in this classification, external debt as a proportion of gross domestic produce (GDP) ranges from a high of 520 percent for Nicaragua to a low of eight-percent for Azerbaijan, with an average for the 49 economies of 95.5 percent. The external debt of the PRC as a proportion of the economy's GDP is 16 percent (World Bank, 1997). Thus, external debt is not a serious concern for the PRC.
Early on in the economic reform that was initiated in the PRC in the late-1970s, industrial managers, under the ..."
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