Includes bibliographical references (pages 215-243) and index.

"A book for anyone doing business in China Most literature on doing business in emerging markets has focused on why to enter these markets and how to build your business once you get there. But with the rapid changes that globalization has brought on, what's needed is an updated look at the current difficulties of doing business in these regions-and in China in particular. Why is it so much harder for companies to operate there today even from just a decade ago? Three of the field's foremost experts, all Harvard Business School professors, explain the rapidly changing context and challenges of the region. Based on their combined experience, F. Warren McFarlan, William Kirby, and Regina Abrami argue that China is at an inflection point, with changes in its economic path that will play out in the coming decades. Dismantling persistent myths, the authors describe the rapidly changing context in China and the new challenges shaping business there, and examine whether companies should rethink their growth aspirations and strategies in the region. The book draws from more than 30 case studies by the authors on Chinese firms and other companies doing business there. A provocative and necessary addition to the global conversation, Can China Lead offers a radical reassessment of China's capabilities that flies in the face of conventional wisdom"--