Managing the China Challenge

"Kenneth G. Lieberthal is director of the John L. Thornton China Center and senior fellow in Foreign Policy and Global Economy and Development at the Brookings Institution. Before joining Brookings, he was a professor of both political science and business administration at the University of Michigan from 1983 to 2009. He also served as senior director for Asia on the National Security Council (1998–2000). Among his books is Governing China: From Revolution to Reform (W.W. Norton, 2nd edition in 2004).Dominic Barton is the global managing director of McKinsey & Company. He was McKinsey's chairman of Asia, 2004–09, based in Shanghai."

"This is an indispensable read for anyone navigating the China market. Ken Lieberthal's depth and breadth of understanding of the complexities of operating in China are unsurpassed. He was one of the first movers in China since Deng Xiaoping's Open Door Policy was announced in 1978 and he continues to be at the cutting edge. In this book he shares with us how to be successful in this evolving global market, where China has taken the central role." —Virginia Kamsky, chairman and CEO, Kamsky Associates, Inc.|"Whether your company is already invested in China or seeking to enter the market for the first time, Kenneth Lieberthal's book is a must-read. There is no better resource than Dr. Lieberthal to help businesses navigate the complicated world of government, a fluid regulatory environment, and ever-changing market demands in the world's fastest growing economy." —Thomas J. Donohue, president and CEO, U.S. Chamber of Commerce|"At once a hands-on users guide for the business practitioner and indispensable reference work for the more academic or policy-focused observer of China, Kenneth Lieberthal's Managing the China Challenge is essential reading for anybody trying to understand this most critical of nations. Regardless of how you are planning on engaging China, read this book first. Doing so will undoubtedly save you a great deal of heartache and trouble over the long run." —Edward S. Steinfeld, MIT, author of Playing Our Game: Why China's Rise Doesn't Threaten the West|"[Lieberthal's book] convincingly links an authoritative view of China's political economy and decisionmaking process to operating questions faced by companies in China. This will give corporate headquarters the framework to understand why their China teams so often react with dismay to suggestions from head office, and China teams the means to explain what they mean." —Christian Murck, president, American Chamber of Commerce in China|""Companies looking for a no-nonsense primer onthe big picture of how the flow of power shapes the making of money in China would do well to read this."" —Global Asia