Xiconomics: What China's Dual Circulation Strategy Means for Global Business

The context of China's economic and business environment is becoming increasingly politicized and uncertain. The Dual Circulation Strategy, which sets clear dividing lines between China's domestic economy and the rest of the world, is at the heart of Xiconomics. Business leaders and policy-makers need to understand these new international dynamics to prosper in China. Andrew Cainey and Christiane Prange provide an analysis of what is happening in China and how it affects its relations with other countries, identifying what foreign companies need to do and how strategies need to change to manage the China business as part of a global portfolio.

Format: Hardback
Length: 232 pages
Publication date: 27 April 2023
Publisher: Agenda Publishing

The intricate relationship between ideology and security has become a central theme in China's economic and business landscape. The political context has become increasingly polarized, and the future remains uncertain. At the core of China's economic strategy is the Dual Circulation Strategy, which establishes clear boundaries between China's domestic economy and the rest of the world. This strategy aims to navigate the complex dynamics between China and Western countries, particularly as they pursue decoupling and friendshoring policies.

To thrive in this evolving international environment, business leaders and policymakers must possess a comprehensive understanding of these new global dynamics. In this insightful analysis, Andrew Cainey and Christiane Prange provide a comprehensive overview of what is happening in China and its implications for its relations with other countries. They identify the key challenges and opportunities faced by foreign companies operating in China and offer practical guidance on how strategies can be adjusted to adapt to these changing circumstances.

The authors emphasize the importance of a holistic approach to managing the China business as part of a global portfolio. They explore the potential risks and rewards associated with different geopolitical scenarios and provide insights into how companies can navigate these challenges effectively. Whether you are a seasoned business executive or a newcomer to the China market, this book offers valuable insights and practical strategies for navigating the complex terrain of China's economic and business landscape.

In conclusion, the relationship between ideology and security has become a defining feature of China's economic and business landscape. By understanding the Dual Circulation Strategy and the broader geopolitical context, business leaders and policymakers can position themselves for success in this dynamic environment. This book provides a valuable roadmap for navigating the complexities of China's business world and offers insights into the future of international relations.

Dimension: 234 x 156 (mm)
ISBN-13: 9781788216272