China's surgeob is altering global map, which includes job transfers.


China: global business and expansion strategies

by China Venture News http://www.chinaventurenews.com

While Americans listen to the debate in the U.S. Congress about how to isolate America by erecting trade and investment barriers with China, our global trading partner is fully embracing globalization.

Dr. George Zhibin Gu's book "China's Global Reach" arguably advances China's modernization and reforms. In sharp contrast to policy shapers adherence to reports by the US-China Economic and Security Review Commission, Gu, an investment banker and business consultant, does not inject any gloomy forecasts about China's fast march into the world community.

China has indeed learned from America's or more specifically Silicon Valley's achievements in science and technology. The Middle Kingdom's national strategy for Research and development (R&D) has escalated more than 20 percent since 1995 with impressive results, in stark contrast to the 6 percent spent in the United States.

Gu writes " that this is a creative era for China. And one most unexpected outcome is the existence of a new manufacturing center, coming to life seemingly from nowhere."

Few observers can dispute the Chinese innovation in multinational firms like Huawei in telecommunications equipment, Lenovo's advances in computers, and the Haier Group in appliances and electronics, all based on a successful export-oriented strategy of brand-name recognition, and of course, a leading edge R&D program.

Maybe American manufacturing needs to simply renew its embrace of globalization with the same spirit of optimism and competitiveness now found along the ancient silk road in Xi'an.

New Book: China's global reach: markets, multinationals, and globalization

Author: George Zhibin Gu;

Afterword by Andre Gunder Frank

Publisher: Trafford


Contents of book

Introduction
Growing Up in China
Going International
Returning Home
This Small Book

Acknowledgements

General Notes

Part I China as a New Global Theater

Chapter 1 Ambitions of the Foreign Multinationals in China
Today's Versions of Columbus and Magellan
Why Are They Here?
Why China?
One Big Factory-Market
More Sectors, More Players
The Business of China Is Business!

Chapter 2 Creation of a Global Manufacturing Center
Stock Market With No Charter
Arrival of Indian Companies
One U.S. Banker's Discovery
Tens of Millions of New Businesspeople
Rapid Development Driven by Shortages
Business Elements, Strong and Weak
A Crowded Market
Convenient Settings
Future Trends

Chapter 3 All Players Are Important
Competing International Players
International Banks
International Listings
Consumer Views

Chapter 4 Learning梐 Big Industry
Demand for Education
A Top School
International Involvement

Chapter 5 The Officials' Global Reach
Officials Lead the Way
Guangdong versus Inland
Abolishing Bureaucratic Tricks
International First
New York Versus Beijing

Chapter 6 "Capital Is Not Enough"
No Shortcuts
Volkswagen Versus Beijing Jeep
"Capital Is Not Enough"
Ericsson's Seven Mistakes
Bashing Carrefour

Chapter 7 "Why Is China Still a Developing Nation?"
Hiring by Foreign Multinationals
New Era of Global Job Transfers
Job Worries Around the World
Hiring by Chinese Players
Global Job Transfers: China Versus India

Part II China's New International Experience

Chapter 8 Price, Price, Price
A Chinese Edge
GE in China
Japan's Global Efforts
Cisco Versus Huawei
Microsoft in China
Global Price Reductions

Chapter 9 When Can Chinese Companies Become Global?
Weakness at Home
Foreign Observations
Low Benefits for China
State Banks: "The Troublemakers"
A Long Way to Go

Chapter 10 China's Global Reach: Alternate Strategies
International Efforts
Bringing International Business In
More Exchanges and Widening Channels
Buying Into International Markets
Creating More Partnerships
Foreign Acquisitions

Part III China's Reform at Home: The Unfinished Task

Chapter 11 Problems Outpacing Solutions
State Assets and Death on the Nile
"Two Pockets of the Same Jacket"
Lack of Weapons and True Owners

Chapter 12 How Can a Man Still Wear Baby Clothes?
Factories and Highways Are Not Everything
Credit Crisis and Banking Problems
The Richest Man in Shanghai

Chapter 13 Crises and the Forward Movement of the State Sector
Rapid Changes in the Managerial Class
Long Live Competition!
Reform Difficulties
Painful Layoffs
Government Trimming

Chapter 14 When Can China Achieve Meaningful Restructuring?
A Saturated Market
The CEO in China and Elsewhere
Who Is Responsible for Wealth Creation?
Buying Parties Ready?
Need for Greater Determination

Chapter 15 Employment and Other Traps
Jobs, Personal Freedoms, and Opportunities
Lives of the Migrants
Employment Difficulties for Other Groups
Death of a College Graduate

Chapter 16 Other Uncertainties for the Business World
Tails Everywhere
Lucky International Players
"The Red Building"

Part IV Globalization in Light of History

Chapter 17 An Unbroken Circle?
The British Isles as a Global Center
China's Missed Opportunities
The U.S. Way: Dumping Losers
Expansion and Wealth Creation, Past and Present

Chapter 18 A New Global Trend: Mega-Companies and Global Expansion
Bigger and Bigger Multinationals
First Strategy: A Strong Home Base
Second Strategy: Reducing Players and Creating a New Form of Dominance
Third Strategy: A True Global Reach
China's Participation in the World Economy

Chapter 19 More on the Circle
Who Has Affected Globalization the Most?
First Factor: Japan's Global Reach and Retreat
What Is Going On in Tokyo?
South Korea: Glories and Bubbles
Second Factor: Asia's Financial Crisis
Third Factor: The World Trade Organization
Unexpected Developments

Chapter 20 The World Watches: How Does China Achieve Sustained Growth?
A Great Paradox
Effective Government, Different Role
A New Model
Getting Out of the Box
China's Best Choice: A New Society
A Great Convergence
Laws

About the Author

George Zhibin Gu, a native of Xian, obtained education at Nanjing University in China and Vanderbilt University and the University of Michigan in the United States. He holds two MS degrees and a Ph.D. from the University of Michigan.

Since 1990, he has been an investment banker and business consultant. He has worked for the last 15 years in the investment world with a focus on China. His work focuses on helping international businesses to invest in China and the Chinese companies to expand overseas. He has worked for Prudential Securities, Lazard, and State Street Bank, among others. He generally covers mergers and acquisitions, venture capital, business expansion and restructuring.

Also, he is a commentator on a changing China in relation to global development. His articles or columns have appeared in Asia Times, Beijing Review, The Seoul Times, Financial Sense, Gurus Online, Money Week, Online Opinion, Asia Venture Capital Journal, and Sinomania, among others. He is the author of three additional books, China Beyond Deng桼eforms in the PRC (McFarland, 1991), China and New World Order (Lulu, 2006), and Made in China - Players and Challengers in the 21st Century (Portuguese edition, Centro Atlantico, 2005). He is also a member of World Association of International Studies hosted at Stanford University. He now resides in Guangdong, China.

Is this guy a book promoter or somethig? he post the same topic in every countries chat..

Ahahaha I guest so, macam macam pun ada

Troll Banned

Malaysia is not a place to invest your money.

The policies are so loop-sided that you cannot chose the best people to work for you but to employ those malay graduates who are way below "standard".

In the first place, these malays are not of intellect quality but the foreign and local companies are forced to employ them.

So, if a foreign company has a choice, they will not invest in a country like that where competition is solely based on skin color, and "know who" not "know how".

Malaysia now lags behind both China's and India's science and technology sectors, and regional rivals Singapore and Thailand now attract more foreign direct investments.

Why is it so that we lag behind all those countries? Just study who are the planners in the countries education system.

Here we have third class educationists in the form of Umno malays, most of them are third graders in their school days, planning the education policies. They are actually failures academically and now trying to teach others about education.

Then look around the schools and universities. Just a cursory glance will tell you that the teaching staffs are not of first class materials. Many are byproducts of unemployed graduates who managed to get teaching as their only choice of vocation.

Similarly the universities teaching staffs are third rated too. When you have such lousy teachers, would you expect first class materials?

Whatever Malaysia is advocating, Malaysia is heading to doom! Agriculture, commerce, education, health, politics, social interaction, everything that Malaysia embarks is doomed.

The information and communication technology that Malaysia implementing is as good as doomed since day one when the corrupted and racist Mahathir laid hand on it.

Anything that is the genesis of this corrupted and racist Mahathir is doomed, be it Agusta, Daya Bumi, education - English to malay malay to English, EPF, Felcra, Felda, Formula 1, general election, MAS, math and science in English, military defense, MSC, National Service, NEP, North South Highway, Perwaja, polis task force, Proton, Wawasan Schools……….the list is endless. Nothing works in Malaysia.

Now the religious Badawi is implementing 9MP using Islam with the doctrine advocated by the corrupted and racist Mahathir.

This is more severe than the doctrine by Mahathir since Badawi adds another critical and negative dimension into the corrupted and racist doctrine, that is, the aberrant Islam!

This further decreases the efficiency in the utilization of good human engineering practices in a highly competitive global world!

The only way Malaysia can succeed is to embrace good human engineering practices compassionately, since only good human engineering practices can attain excellent, efficient and effective production in order to compete with other formidable ICT nations.

This means the practices of meritocracy, no NEP and racial discrimination!

With a corrupted and racist government practice corrupt and racial discriminatory engineering practices, the effective job activities and efficiency in productions are definitely to be lagging.

This means high production costs, inefficient manufacturing processes, poor research and development designs, with expensive and inferior products! Example - Proton!

The government might as well close down Cyberjaya, encourage goat rearing and save costs. At least the loss in capital is not as severe as in ICT ventures and by the year 2020, every people is guaranteed with a roast lamb!

The biggest joke is, the people themselves are to be blamed for supporting the current and always has been and probably forever will be, the BN.

That is keep it up and make them more and more arrogant.

We want to be hubs of everything and master of none. That is why we know for sure Vision 2020 will not be achieved. It is easy to set a vision and really another to achieve it.

Principally as a small nation with limited human resources, not making optimum use of its human resource by sidelining a major more advanced sector of its population through the NEP, will create many many more "Tak Boleh".

With people only interested in sitting beside a money machine, where Malaysia will end with, is already a certainty.

Any cure? No, no way. The entire makeup of the Malaysia society from corruption, greed, politics and third world mentality etc, will doom any effort to rectify it. We can't even talk simple things like "understanding each other" let alone major issues like corruption, etc.

Even God has got no solution for Malaysia the way it is going.

If the mindsets of the malays here actually reflect the general people then I am afraid there is no hope. Simply hopeless. Nothing much is going to change to the good.

In fact it will be towards the extreme. What can you expect? We are simply good in blaming others for our problems. In fact we are world class in doing that. With a mindset like that, by year 2020 we should be toward Zimbabwe or probably worst.

Thank you 'Tun Mamak' for all this. Because of your need to be more melayu and to remain prime minister, your 22 years of ruling had made the people to have such attitude and mentality.

Sorry folks, I am one of those who don't believe Vision 2020 can be achieved, and not be a long shot.

Umno first consideration is not achieving Vision 2020 as what they are trying to tell us, but their paramount and top priority is to ensure that their ketuanan and NEP policies are intact in whatever goals they conceive.

This is where the stumbling block lies. Never mind if third grade graduates become lecturers or professors, so long their ketuanan and special rights policies are adhered to.

Even in business or industries enterprise, the business people have to satisfy Umno demands that these corporations/industries satisfy the NEP and special rights rules first.

So, is it that difficult to understand Vision 2020 has never been a top priority, but the ketuanan policies are, and these override all else, even if it means that Vision 2020 is not achieved.

'First class mentality' for Malaysians? When most of them are spoon-fed by the government and they behave like the baboons in the UPM cafeteria? Not in my lifetime! And I am still relatively young!

First class mentality starts in school. What chance does the young have when they are exposed to under qualified teachers? And a failed education system?

Whilst in Japan, I witness a scene where a homeless man, in filthy clothes and hair, rummaged through a few rubbish bins, spilling their contents onto the ground. When he finally found what he wanted, he actually put the rubbish back into the bins! I was shocked!

Back here in Malaysia, the educated and privileged don't even bother to look for bins to throw their rubbish in! What kind of mentality is this, compared to the homeless man? It is a sad, sad world we live in, man……….

The NEP will be a huge stumbling block towards Vision 2020. When leaders of business and industry are not chosen on the basis of meritocracy but purely on the basis of being a malay, how la?

And it is only getting worse and worse as it has become a 'right'. Can't see it changing anytime in the next 13 years.

Malaysia leaders always lamented that 'we have first class infrastructure but third class mentality'.

What they should actually say is that 'we have first class infrastructure but third class leader' - that is more like it.

They can't even ensure that computer lab for schools do not collapse after few months completed. Need more examples? What are they able to do then? Don't try to get the answer from this third class people.

All I can say is thank God or Tunku Abdul Rahman for giving away Singapore to Chinese rule! He was right otherwise Singapore will be in deep $hit like us now!

As much as we don't like Singapore that much - we must agree that the Chinese did a damn good job in running their tiny island!

The mega dictator started many mega projects and most of these projects became mega failures. We are left with mega problems to solve.

Actually, something similar happened to Korea, and we're doing very fine, thank you.

Lolz. China again.

A graduate told me that the government is going to allow Chinese students (students from China) to work here in Malaysia by 2010.


Who else heard of this?

^are foreign citizens barred from employment in Malaysia?

Why would students from China who is currently studying wanting to go to another country and work? Are you talking about international student who studied in Malaysia?

Foreign citizens can work in Malaysia, but they have to have valid documents and other requirements.

As for students ... (taken from www.help.edu.my )

Can international students work off-campus while studying?

International students are allowed to work during semester breaks with a maximum of 20 hours per week subject to successfully passing the interview obtaining the necessary approval by the Malaysian Immigration Department.



Yup, I'm talking about Chinese international students.

I don't really understand the whole concept of allowing them to work, anyway - I thought that it's allowed the whole time.

Maybe it means that the Malaysian government allows them to work in Malaysia for a few years, probably to gain work experience. That's what I think though. That's why I want to know if anyone else has heard of this kind of 'new policy'.

It's usually the case that international students can't work off-campus, or need special permits. I think your case belongs to the latter, special permits. Also, you should use concepts with much more care. There's a huge difference between "Chinese students" and "international students".

Yup, I suppose it applies to the latter.


The graduate did not mention 'international students'. Instead she said 'Chinese students'; that is why I was wondering why the special mention of ethnicity.

PS: The graduate is a Chinese herself, albeit a Malaysian one.

Perhaps that's because most of the international students in Malaysia are Chinese? Or because she was a Chinese? Such carelessness can often come from casual conversations.

By the way, is she hot?

I'm not sure about the percentage of Chinese students in Malaysia.

No, I don't think she's the careless kind. It was part of a rather serious discussion between me and her, actually. And plus she looked really sure of her. But again, I would need other witnesses to clarify this piece of information.




I wouldn't say she's the hot/sexy kind.



But definitely sweet-looking.

Nevertheless, if she said "Chinese" students instead of "international" students, she was ignorant and careless. She should've used a better choice of words.



Post her bikini pic.

People told me this is what they heard from chinese mouth from like 20 years ago. But look now Malaysia just doing fine, dandy and better condition when more chinese left. Now chinese girl come illegally to Malaysia looking their buck by working in vice den because their country too poor to get a descent job.

The truth hurts.

The Chinese or the yellow race is what brings progress. Just look at Asia……….is enough.

Whether they do it internationally or locally they will survive.

We can distinctly see the lowering of Malaysia standards of living as the percentage of Chinese in this country goes down.

In the 70s we were tops with 40 over percent of Chinese and today with only 25 percent we are far behind Singapore, Hong Kong and Korea.

Main reason is the number of such Chinese migrating to these countries - the best ones and rich ones.

Next ten years as the percentage goes even lower, we would be nearing Indonesia or Philippines.

Meanwhile enjoy your stay and the good time.

On the whole as the Chinese spreads out throughout the world, the average standards of these will have much higher standards of living over others.

Badawi can formulate any policy. On the ground level where the heads are not qualified themselves as their staff - many problems will arise.

Further the NEP will somehow make good researchers frustrated and will certainly be the main causes of frustrations. At best we can get the second rate staff to stay - the top ones will have no problem seeking better salaries and futures elsewhere without the glass ceiling overhanging their heads.

Our national sense of belonging will be lost when day in and day out we feel the impact of marginalisation in almost every sphere of educational or economic activities.

I think we are in even more for hubs of abandoned projects because it is the brains that matters, not real estate buildings which politicians are only good at how to initiate to build for their own gains. When coming to real research and real productive work, you only have lots of unemployable graduates lining up to fill them.

Best of luck Malaysia, while Malaysians of the best calibre are in our neighbouring countries creating state of art products and discoveries.

The people with brains first go to Singapore, then Australia, then the US. Apparently roughly 2 million Malaysians have emigrated since the 1970s. Wow, what a brain drain that is……….

S/he did the right thing by moving out of Malaysia. As long as is a non-malay and Malaysian, you will be suppressed. They don't need scientists but more keris wielding morons to run the expensive labs.

So anytime the experiment didn't work out, they can go straight and blame that the equipment is outdated. Anybody disputes their claim, they can take out the keris and showed their "power". Good for them. Malaysia is turning to a baboon infested country.

Let alone those whose have already left. How about those who came back earlier with their foreign wives! The immigration department has made their renewal of visa a living hell, and they are not allowed to work no matter how qualified they may be. Eventually these "loyal Malaysians" also end up packing their bags and leave.

The politicians can say one thing but it never gets implemented at the ground level. Look at the mess surrounding Malaysia "My Second Home" campaign - how many have actually come here and then left in deep frustration!

The racists in Umno will also make certain that such policies will be doomed to fail. They would rather give citizenship to unruly and uneducated illegal Indonesians than some non-malay PhD holders.

Get your children out of this sucking country before it is too late! This is a hopeless and dirty country with all the lousy ministers and corrupted politicians.

I am afraid there is nothing second class citizens like us can do.

Emigrate to other countries looks to be a better option. Of course, the exodus has started decades ago. In fact, Umno will be most happy to see us go (race ratio, you know what I mean).

Umno does not depend on the second class citizens for the brains. They have the many universities in Bolehland to train their kind and churn out any number of experts you want. So brain drain is not a problem.

Lim Keng Yaik questioned why after 36 years, malay equity ownership was still 19%.

In 2004, Morgan Stanley issued a report that estimated there over 100 billion US dollars (360 billion ringgit) had been lost to malay patronage (NEP) in the 20 years preceding 2003 (1984 to 2003).

One economist estimates that in the 36 years of its existence, the NEP has been used to channel over one trillion ringgit to the malay community through ASB, ASN and all related government policies.

Since 1970, the government has used the NEP to covet education, employment and every other conceivable benefit to the malays.

These measures have largely been successful with all the top posts in GLCs, government, public listed companies, universities and practically every single area that the government has any control over being reserved for one race.

The chief setbacks of the abuses of NEP are ineffectual bureaucracy, perverted social values, rampant corruption and cronyism, retarded economic growth, thwarted economic competitiveness, unrelenting brain drain, warped educational system and worsening racial polarization.

Such anachronistic and regressive policy has no place in the present globalize world, and for that matter, in any civilized society.

This greed is not going to end. We as a nation of loyal citizens have to put a dent into this rubbish for the sake of our children.

I am totally agree what you have said, those moron malays have no sense of 'malu'. For example, I find that most of those malay pig creature are dirty and smelly, but they still walking around proudly with that stinking and ugly look.

Another example is most of them are poor, they can't afford a big luxury car. When they saw Chinese or Indian driving a big car, they are feeling distress and jealous.

What a loser! Hey non-malays can afford a big car without depend on NEP policy. But you pathetic malay pig can't afford it even though with NEP policy help. Loser malay pig!

Well, given that you are descended from a BABI, understandably, your language is of a BABI variety. Thus, one must deal with a BABI whose parent are also BABI2, with EXTREME PREJUDICE, no quarter about that.

Now BABI, how does it feels like coming from a BABI lineage .... sucks right?

Well the thing is, even if we are losers, we are losers in our own country. For a person like you, u can always emigrate to Australia or some African country to prosper.

We dont need pple who are impeded by ethnocentrism; Chinese perspective only! Everything is Chinese, u go to UK, u turn UK into China, u go to New York u create Chinatown. Its just cultural imperialism. When u cant have it your way in Msia, u mocker and insult the state. You're just an underserving, selfish, moron. Even true English pple are sick of it.

F***k Muslims and all malay pig in Malaysia.

I feel ashamed to call myself a Malaysian nowadays because you malay pig are making us losing our pride day by day by corrupting the once dignified image of this country, you know Malaysia is now a laughing stock among the non-Muslim countries in the world!

People despise this country still protecting the lame lot and not doing anything to improve the deteriorating situation, still practising double standards among its own people, still expelling the non-malay genius to other countries, still depriving the rights and benefits of other races to its own race, still criticize and blame the Chinese for their minority poverty.

Hey, what is wrong with you malay pig? Haven't you fed yourself enough with the loots yet? Still want more? What a worthless thieves bunch!

You malay pig are worse than a maggot. We need a leader not a faggot to rule this country. Get lost you freak!

For all the bad things you stupid melayu babi say about the Chinese, when you are in trouble and big $hit, what do you do?

You come crawling back on your knees to the Chinaman to help you, because you can't trust all your malay pig who are sodomy rapists, incest culprits, drug addicts.

Without the Chinese, you malay pig will still live on trees, swinging from tree to tree like monkeys, or forages on the ground by your 4 legs to eat all the $hit.

You malay pig are a truly ungrateful lot - the minute all the Chinese leave Bolehland - you malay pig will collapse into the sea and die - that is your destiny!

I think the problem of malay pig race is their culture - it is in born in their gene - nowhere in the world that you will see affirmative action is focusing on the majority because it is always the minority that need the protection.

Worst, the minority in Malaysia has been systematically marginalized just to suppress them of their growth.

Let the malay pig make Malaysia the most corrupted place to live in and see what happened in 2020? I guess malay pig will go back to Indonesia as Malaysia don't belong to them, they are also immigrants from Sumatra, Sulawesi, Jawa, etc.

Please get it into your pea-sized otak udang plastered with layers and layers of tahi babi encased in your kepala kayu that Malaysia belong to the Orang Asli who are the true bumis of the country.

Niffy pellmell malay pig are in fact pendatang haram who swam across the Melaka Strait illegally from Sumatra. They should be caught, given severe caning and deported back to their pig sties in Sumatra.