The paper examines the role of global technology sourcing, and its drivers and impacts in China’s integrated circuit (IC) design industry . IC design is one of the priority targets of China’s innovation policy, as codified especially in the “Strategic Emerging Industries” initiative. At...

State enterprise reforms are underway in China, and include some positive and overdue corporate governance reform. However, the potential effectiveness of the reforms is compromised by the attempt of policy‐makers to achieve three goals which form an “impossible trinity”: increase firm...

Since the turn of the 21st century, a distinctive Chinese variety of industrial capitalism has taken shape. In this chapter, we trace the contours of China's emergent industrial economy, giving special attention to the role of the information technology (IT) industry. Throughout China's reform...

Richard Baum does not foresee China and the US “trading places†in the near future but does not rule out this scenario in twenty to thirty years. He evaluates China’s role in the international system. China’s strong economic growth continues, though probably slowing, and...

China appears to have successfully weathered the worst impact of both the Asian Financial Crisis (1997-98) and the Global Financial Crisis (2008-2009). Chinese leaders did respond quickly, and on occasion massively, to the challenge of external crisis. In retrospect, however, each crisis...