ECX2630 · Chinese economy and global business

Overview

This unit examines the resurrection of China in the global economy and its impact on international business, trade and investment, and global economic growth. It analyses China's economic development strategy since 1978 and the consequences on growth, poverty alleviation, income distribution, integration into the world economy, and the challenges of increased competitiveness on other major economies. In addition, it examines how China's participation in regional trade agreements (such as the China-Australia Free Trade Agreement) and the World Trade Organization has opened up opportunities vis-à-vis imposed challenges for trade, investment, and international cooperation. It also provides a strategic perspective on issues facing multinationals doing business in China – such as the state interference on business operations, forced technological transfer and IP protection, wide adoption of e-commerce and e-payment system, with insights into successful business models.

Offerings

Assessment

The Handbook lists an examination for this unit.

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Requisites

The Handbook lists no prerequisite, corequisite or prohibition for this unit.

Learning outcomes

1. demonstrate a sound understanding of the historical evolving of the Chinese economy in the context of global business and economy
2. critically review China’s development strategy since 1978 and the sustainability of the current development model from an economic and environmental perspective
3. critically evaluate the opportunities and challenges of the integration of China with the global economy on trade, investment, and international cooperation
4. develop a strategic perspective on issues facing multinational doing business in China, with insights into successful business models.

Workload

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.

Student experience, not official rules. Nothing here changes what the Handbook says.