What The West Gets Wrong About China - Harvard Business Review

SKIP TO CONTENTHarvard Business Review LogoGlobalizationWhat the West Gets Wrong About China

Three fundamental misconceptions by Rana Mitter and Elsbeth Johnson

From the Magazine (May–June 2021)Yukai DuSpotlight Series  /  Understanding China01What the West Gets Wrong About China02The Strategic Challenges of Decoupling03China’s New Innovation Advantage04“Americans Don’t Know How Capitalist China Is”

Summary.   

  • Post
  • Post
  • Share
  • Save
  • Buy Copies
  • Print

When we first traveled to China, in the early 1990s, it was very different from what we see today. Even in Beijing many people wore Mao suits and cycled everywhere; only senior Chinese Communist Party (CCP) officials used cars. In the countryside life retained many of its traditional elements. But over the next 30 years, thanks to policies aimed at developing the economy and increasing capital investment, China emerged as a global power, with the second-largest economy in the world and a burgeoning middle class eager to spend.

Read more on Globalization or related topics Economics, Government policy and regulation and AsiaA version of this article appeared in the May–June 2021 issue of Harvard Business Review.RMRana Mitter is a professor of the history and politics of modern China at Oxford. His most recent book is China’s Good War: How World War II Is Shaping a New Nationalism (Harvard University Press, 2020).Elsbeth Johnson is a senior lecturer at the MIT Sloan School of Management, having previously been a professor at London Business School, an equity analyst, and a corporate strategist. She is the founder of the consulting firm SystemShift and the author of Step Up, Step Back: How to Really Deliver Strategic Change in Your Organization (Bloomsbury Business, 2020).
  • Post
  • Post
  • Share
  • Save
  • Buy Copies
  • Print
Spotlight Series  /  Understanding China01What the West Gets Wrong About China02The Strategic Challenges of Decoupling03China’s New Innovation Advantage04“Americans Don’t Know How Capitalist China Is”Read more on Globalization or related topics Economics, Government policy and regulation and Asia

Partner Center

Tag » What Does China Think Of Us