Doing Business in China in an Era of Questionable Globalization
The phrase “Made in China” elicits both positive and negative reactions. On one hand, multinational corporations understand the value of globalization and efficiency; however, trying to convince this to a manufacturing employee based in Detroit whose job was recently outsourced can be much harder. The US and China, the world’s two biggest trading partners, have one of the most dynamic and codependent relationships in the world. Given the heightened importance of China, both in the US and globally, American students and professionals require a more-nuanced understanding of the critical changes that are shaping current Sino-US economic relations. What factors are critical in enabling multinational companies, nonprofit organizations, and entrepreneurs to be successful in China? What’s at stake with a potential US trade war with China? These questions and others will be explored in this course. Moreover, this course offers students the opportunity to develop and hone their negotiating skills, coupled with gaining a stronger conceptual and analytical framework by which to understand the Sino-US bilateral relationship, which will help to further equip and prepare future leaders who are entering the private sector, government, and other careers to succeed.
You'll Walk Away with
- A comparative and historical perspective of US companies and nonprofit organizations investing in China (focusing primarily from the 1980s to present) and an analytical framework to assess who gains and or loses based on this relationship
- The experience of developing a framework on how to define currency manipulation and coming to an opinion as to whether China is a currency manipulator
- Students who have yet to take a course on China and are interested in greatly augmenting their knowledge on China and its significant economic and trade relationship with the US
- Those whose work would benefit from a greater knowledge of China’s economy and relations with the US