China Business 2.0 Analyze the Economy, Understand the Society, and

​China is entering a new stage of economic and societal development, called China 2.0, a new era that is characterized by China’s diminishing low-cost advantage and increased local competition. Succeeding in the China 2.0 era will require western managers

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Henk R. Randau Olga Medinskaya

China Business 2.0 Analyze the Economy, Understand the Society, and Manage Effectively

Management for Professionals

More information about this series at http://www.springer.com/series/10101

Henk R. Randau • Olga Medinskaya

China Business 2.0 Analyze the Economy, Understand the Society, and Manage Effectively

Henk R. Randau Vallendar Germany

Olga Medinskaya Giessen Germany

ISSN 2192-8096 ISSN 2192-810X (electronic) ISBN 978-3-319-07676-8 ISBN 978-3-319-07677-5 (eBook) DOI 10.1007/978-3-319-07677-5 Springer Cham Heidelberg New York Dordrecht London Library of Congress Control Number: 2014954481 # Springer International Publishing Switzerland 2015 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)

Acknowledgements

Of course, this book would never have been possible without the extraordinary help we received. It is hard to express the thanks and gratitude we have for: • The truly singular lifestyle and mentality of China that inspired us to research and learn, and has been a source of continuous intrigue • The tireless efforts of a few fantastic people who really strove to make this project a success: Nicolas Kudeba and Matthew Wolf, who helped us drive this project to completion; Ce´line Lau, who worked on this project before