imc indymedia

Los Angeles Indymedia : Activist News

white themeblack themered themetheme help
About Us Contact Us Calendar Publish RSS
Features
latest news
best of news
syndication
commentary


KILLRADIO

VozMob

ABCF LA

A-Infos Radio

Indymedia On Air

Dope-X-Resistance-LA List

LAAMN List




IMC Network:

Original Cities

www.indymedia.org africa: ambazonia canarias estrecho / madiaq kenya nigeria south africa canada: hamilton london, ontario maritimes montreal ontario ottawa quebec thunder bay vancouver victoria windsor winnipeg east asia: burma jakarta japan korea manila qc europe: abruzzo alacant andorra antwerpen armenia athens austria barcelona belarus belgium belgrade bristol brussels bulgaria calabria croatia cyprus emilia-romagna estrecho / madiaq euskal herria galiza germany grenoble hungary ireland istanbul italy la plana liege liguria lille linksunten lombardia london madrid malta marseille nantes napoli netherlands nice northern england norway oost-vlaanderen paris/Île-de-france patras piemonte poland portugal roma romania russia saint-petersburg scotland sverige switzerland thessaloniki torun toscana toulouse ukraine united kingdom valencia latin america: argentina bolivia chiapas chile chile sur cmi brasil colombia ecuador mexico peru puerto rico qollasuyu rosario santiago tijuana uruguay valparaiso venezuela venezuela oceania: adelaide aotearoa brisbane burma darwin jakarta manila melbourne perth qc sydney south asia: india mumbai united states: arizona arkansas asheville atlanta austin baltimore big muddy binghamton boston buffalo charlottesville chicago cleveland colorado columbus dc hawaii houston hudson mohawk kansas city la madison maine miami michigan milwaukee minneapolis/st. paul new hampshire new jersey new mexico new orleans north carolina north texas nyc oklahoma philadelphia pittsburgh portland richmond rochester rogue valley saint louis san diego san francisco san francisco bay area santa barbara santa cruz, ca sarasota seattle tampa bay tennessee urbana-champaign vermont western mass worcester west asia: armenia beirut israel palestine process: fbi/legal updates mailing lists process & imc docs tech volunteer projects: print radio satellite tv video regions: oceania united states topics: biotech

Surviving Cities

www.indymedia.org africa: canada: quebec east asia: japan europe: athens barcelona belgium bristol brussels cyprus germany grenoble ireland istanbul lille linksunten nantes netherlands norway portugal united kingdom latin america: argentina cmi brasil rosario oceania: aotearoa united states: austin big muddy binghamton boston chicago columbus la michigan nyc portland rochester saint louis san diego san francisco bay area santa cruz, ca tennessee urbana-champaign worcester west asia: palestine process: fbi/legal updates process & imc docs projects: radio satellite tv
printable version - js reader version - view hidden posts - tags and related articles

Chinese multinationals and globalization: insights on global business and politics

by Financial Sense Sunday, Feb. 25, 2007 at 2:46 AM

gain insights on China and globalization

Chinese multinationa...
coverchinanewworldorder.jpgy34o0i.jpg, image/jpeg, 400x580

Foreword

Fast-Moving China and Global Development

Professor William Ratliff

Hoover Fellow at Stanford University



Foreward of Book:

China and the New World Order:

How Entrepreneurship, Globalization and Borderless Business Are Reshaping China and the World

By George Zhibin Gu

Fultus, October 2006; 248 pages



China has traveled light years during the past three decades. After Mao Zedong died in 1976 and the Chinese people step by step became freer to cultivate their entrepreneurial inclinations to improve their lives, China has seemed to be a film spinning ahead in fast-forward. Images flash before the eyes, but before you can really focus they have been replaced by others and yet others.

Vast Changes in China

On his last visit to China in 2003, Cuba’s dictator Fidel Castro blinked and openly wondered where he had landed, things were so different from his previous trip several years earlier. But others too have found the images of the changing China a challenge to assimilate and interpret. Outsiders often look toward the Middle Kingdom and ask, what is going on? What does it all mean? Is all of this good for the Chinese people, and for the rest of us?

The China Deng Xiaoping took over in the late 1970s was staggering and moribund at home and a pariah worldwide in the wake of the nation-devouring recriminations and outrages of the Cultural Revolution. Whether from conviction or panic to preserve the discredited Communist Party, or both, Deng opened the door to some truly revolutionary economic change, and the spin-off over time has gone far beyond the economic field.

One critical step in his campaign occurred in 1980 when he created several Special Economic Zones (SEZs), which are geographically confined laboratory-cities for experimenting with market-oriented economic reforms as well as engagement with the outside world. The most important of these SEZs was down south, just across the border from the then-British-controlled Hong Kong, a place Nobel laureate economist Milton Friedman has often called the freest market in the world. The name of the overnight city that sprang up was Shenzhen.

No tiny region on earth has ever attracted so much foreign direct investment in such a short time as Shenzhen, over U.S. billion. Never has any city in so short a time attracted so many people who were not just fleeing hard times in rural regions but actually all fired up to succeed.

The city has grown an average of about 27% annually since it became a SEZ, and many of the 12 million who now live there have prospered. Many others, often in their teens and twenties, have worked very long hours under miserable conditions and barely survived, though they usually earned a little more than they ever had back home in their villages. Thus Shenzhen is China writ small, though conditions are at very different stages throughout the vast country.

George Zhibin Gu was one of over 12 million Chinese to move to Shenzhen, the epicenter of change. He was born in Xian, the heartland of vast expanses of Chinese history and governments, and got his university training in Nanjing and the United States. He proceeded to move into the most anti-Maoist of all professions, namely investment banking and business consulting.

A Unique Guide

No one I know of has come so close to capturing the spirit and meaning of an explosively changing China as Gu. When you read about Shenzhen and the other topics of this book, ranging from bank and stock market reform to new Chinese multinationals on the world stage to the need for a federation of the mainland and Taiwan, you are as good as parachuting into Chinese cities, businesses, sweatshops, and policy discussions. You become immersed in the tiny but persistent realities of individual and group successes and failures, in the battles over reform, money, and power, and you feel the elation and frustration of the Chinese people in their widely varying human conditions.

You also encounter the global issues raised by China’s rise that affect people worldwide almost as much as they do the Chinese themselves. Even people around the world who can hardly find China on the map know that the civilization has a very long history and ancient traditions. Many know that it has not done well in recent decades, even centuries, but that things are changing.

An old joke used to be that the only poor Chinese in the world were the Chinese who lived in China because there government repression sapped them of the will and opportunity to really better their lives and thus the conditions and prospects of the country. This is no longer true, though many remain poor. Today, upward mobility is becoming a reality inside the nation.

But the outside world has more direct experience with the overseas Chinese. Chinese who moved or escaped abroad, whether to Hong Kong or Singapore, to the United States or Panama, were often highly successful in small and large businesses and other professions demanding a dedication to education, hard work, and raising one’s status in life. Throughout the English-speaking world today, and in some respects this includes China itself, we find Chinese students working 18-hour days and excelling in every field they enter.

Key Challenges Ahead

Despite China’s astonishing and continuous progress from the end of the Mao era to today, major challenges remain. Gu often focuses on bureaucracies, which, as he asserts, essentially frame China’s politics, society, business, and economy.

China has relied on bureaucracies for millennia, and Mao picked up where the earlier emperors had left off. He created the largest bureaucracy in the history of humankind and one that took control of every aspect of every person’s life everywhere in the country. And though during the Cultural Revolution Mao and the Gang of Four killed hundreds of thousands and demolished much of what the Communist government up to then had created, the bureaucracy, in modified form, persists in power to this day.

Gu argues that even though government leaders have permitted great change, which originally flowed from the initiative of some peasants and others shortly after Mao’s death, this bureaucracy is the chief impediment to completing the revolution. It seeks to retain power, setting up one of the ironies of the Mao legacy.

The Great Helmsman used to urge people to strive tirelessly to overcome seemingly insurmountable odds by referring to the ancient Chinese fable of the Foolish Old Man Who Removed the Mountains.

Now the mountain that stands in the way of completing the current and real revolution in China, Gu argues, is above all the corrupt and self-serving bureaucracy. Though the government has allowed economic reforms, it still tries to be both “player” and “referee” in the marketplace.

Seen through the lenses of Chinese history, truly revolutionary change is indeed under way throughout the country, but it can be completed only through a drastic curtailment of the continuing power of the government over so many aspects of national and daily life. The change now must come through ever-greater individual private initiative, an increasingly open society, and international involvement.

Over the past quarter century China has awakened and, as Napoleon warned, it is and will continue shaking the world. But is this a good thing for China, and for the world?

Gu argues that this phenomenal growth of China, this awakening, is not something for the world to fear, but rather an opportunity and also a challenge. He argues that progress in the modern world is not patented by the currently developed countries, but available to all peoples who are willing and able to work hard for it. The developed world itself will benefit from the advancement of the late developers.

If you want to immerse yourself in the awakening of modern China, take George Gu with you as your guide. With him along you are not leaping dizzily into the frames of the fast-forwarding story, for you have an experienced and articulate guide who fills in facts and at least as importantly adds insights into what is happening, why it matters, and what it feels like to be there in the middle of it all.

I have traveled extensively in China for many years and I relive many things that I have seen and heard and felt over the decades in every page of Gu’s book. And I learn a lot that is new to me too.

William Ratliff

Fellow and Curator

Hoover Institution

Stanford University

Report this post as:

Local News

GUIDE TO REBEL CITY LOS ANGELES AVAILABLE A12 5:39PM

lausd whistle blower A10 11:58PM

Website Upgrade A10 3:02AM

Help KCET and UCLA identify 60s-70s Chicano images A04 1:02PM

UCLA Luskin: Casting Youth Justice in a Different Light A02 11:58AM

Change Links April 2018 A01 11:27AM

Nuclear Shutdown News March 2018 M31 6:57PM

Join The Protest Rally in Glendale on April 10, 2018! M29 7:00PM

Join The Protest Rally in Glendale on April 10, 2018! M29 6:38PM

Spring 2018 National Immigrant Solidarity Network News Alert! M19 2:02PM

Anti-Eviction Mapping Project Shows Shocking Eviction Trends in L.A. M16 5:40PM

Steve Mnuchin video at UCLA released M15 12:34AM

Actress and Philanthropist Tanna Frederick Hosts Project Save Our Surf Beach Clean Ups M06 12:10PM

After Being Told He's 'Full of Sh*t' at School Event, Mnuchin Demands UCLA Suppress Video M02 11:44AM

Resolution of the Rent Strike in Boyle Heights M01 6:28PM

What Big Brother Knows About You and What You Can Do About It M01 3:30PM

Step Up As LAPD Chief Charlie Beck Steps Down F14 2:44PM

Our House Grief Support Center Hosts 9th Annual Run For Hope, April 29 F13 12:51PM

Don’t let this LA County Probation Department overhaul proposal sit on the shelf F13 11:04AM

Echo Park Residents Sue LA Over Controversial Development F12 8:51AM

Former Signal Hill police officer pleads guilty in road-rage incident in Irvine F09 10:25PM

Calif. Police Accused of 'Collusion' With Neo-Nazis After Release of Court Documents F09 7:14PM

Center for the Study of Political Graphics exhibit on Police Abuse posters F07 9:50AM

City Agrees to Settle Lawsuit Claiming Pasadena Police Officer Had His Sister Falsely Arre F04 3:17PM

Professor's Study Highlights Health Risks of Urban Oil Drilling F04 12:42PM

Claims paid involving Pasadena Police Department 2014 to present F04 10:52AM

Pasadenans - get your license plate reader records from police F03 11:11PM

LA Times Homicide Report F03 1:57PM

More Local News...

Other/Breaking News

TheMilitary of Yemen IN In The 1990's A26 5:42PM

The Shortwave Report 04/27/18 Listen Globally! A26 4:03PM

Federal Bank Examiner FDIC recalls year long 1999 robbery in 2017 A26 3:24PM

Doxa du lobby A25 2:03AM

Tech workers organize A24 6:24PM

Architect Stephen Francis Jones A24 3:01PM

UN Forum Wrestles with Economic Policies 10 Years After Financial Crisis Islands Call for A24 12:34PM

Xyloglossie attitudinale A23 8:07AM

What does the Quran Say About Islamic Dress?? A21 4:15PM

Biodiversité ou la nature privatisée A20 11:22AM

The Market is a Universal Totalitarian Religion A20 7:14AM

Book Available about Hispanics and US Civil War by National Park Service A19 5:52PM

The Shortwave Report 04/20/18 Listen Globally! A19 4:01PM

The Republican 'Prolife' Party Is the Party of War, Execution, and Bear Cub Murder A19 11:48AM

Neurogenèse involutive A18 9:21AM

Paraphysique de la dictature étatique A16 10:13AM

Book Review: "The New Bonapartists" A16 3:45AM

The West Must Take the First Steps to Russia A14 12:25PM

Théorie générale de la révolution ou hommage à feu Mikhaïl Bakounine A14 3:30AM

The Shortwave Report 04/13/18 Listen Globally! A12 3:50PM

“Lost in a Dream” Singing Competition Winner to Be Chosen on April 15 for ,000 Prize! A12 3:48PM

The World Dependent on Central Banks A12 4:43AM

Ohio Governor Race: Dennis Kucinich & Richard Cordray Run Against Mike DeWine A11 9:40PM

March 2018 Honduras Coup Again Update A10 10:52PM

Apologie du zadisme insurrectionnel A10 3:33PM

ICE contract with license plate reader company A10 1:14PM

Palimpseste sisyphéen A09 11:23PM

Black Portraiture(S) IV: The Color of Silence...Cuba No...Cambridge Yes A09 5:32AM

More Breaking News...
© 2000-2018 Los Angeles Independent Media Center. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by the Los Angeles Independent Media Center. Running sf-active v0.9.4 Disclaimer | Privacy