Guanxi Jeopardy Essay

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Case Study: “Guanxi in Jeopardy” Meredith DeCenzo Tammy Nash Ashley Taliana Outline: History of China post World War II Economic environment in China—facts and figures “Guanxi in Jeopardy” Companies involved Interest of companies Problem Actions/Reactions Avoidable situation? Possible solutions Cultural Differences—Americans vs. Chinese China: Immediately After 1945 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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