“Guanxi in Jeopardy”
Meredith DeCenzo
Tammy Nash
Ashley Taliana
Outline:
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History of China post World War II
Economic environment in China—facts and figures
“Guanxi in Jeopardy” z z z z z z
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Companies involved
Interest of companies
Problem
Actions/Reactions
Avoidable situation?
Possible solutions
Cultural Differences—Americans vs.
Chinese
China: Immediately After 1945
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At the end of WWII, in 1945, China emerged as what would appear to be a strong military power, yet was actually economically exhausted and on the verge of their own civil war.
The Chinese economy did in fact deteriorate for some time after the War.
The Communist party in China was strengthened by the war—both in popularity and as a practical fighting source. Under Mao, China began to prepare for the establishment of a new China. If successful, the
Chinese Communists would eventually seize power.
China’s civil war continued through and after the war, which ultimately resulted in the establishment of the
People’s Republic of China.
China: Post WW II
1949
The Communists win victory in the civil war and establish the
People’s Republic of China.
1954
Beginning of China-Russian Communist split.
1962
Break with the Soviets is complete, and begins positioning to become the "other" superpower.
1976
The death of Mao Zedung brings the Cultural Revolution to an end. 1979
Reconciliation efforts between China-U.S. in the 1970s culminate in establishing formal diplomatic relations.
1995
The U.N. 4th Conference on Women held in Beijing, to address issues and problems obstructing the advancement of women. 1997
Jiang Zemin comes to power. Many predict that China will become a leading industrial power sometime in the next century. 1998Present
China is on a course of economic liberalization.
China’s Economy: THE FACTS
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China’s economy grew at an average rate of 10% per year during the period 1990-2004, the highest growth rate in the world.
China’s