China is already an economic superpower. Engagement with China is no more a question of choice. In the contemporary world any global corporate firm is bound to have one form of China connect or the other. According to a McKinsey Global Institute report (2019), global integration of China is increasing. More importantly, ‘China is becoming less exposed to the rest of the world, which in turn, is becoming more exposed to China’. The Sino-US tensions have added a new dimension to global business landscape. These developments are forcing companies to rethink their business strategies.
In the recent times, companies like Oyo, pharma players like Dr Reddy’s, Aurobindo Pharma, Sunpharma, Cipla, and others have entered the Chinese market in a significant way. Similarly, the Chinese are showing increasing interest in India and are looking for opportunities. They are already having a significant presence in VC funding of Indian unicorns and peer to peer lending. Given the increasing possibilities of corporate engagement from both the sides, it is very important to develop an informed understanding of China. In other words, business today need to appreciate that China impacts global business like no other country does. The three-day programme proposes to deal with various facets of doing business with China.
The 3-day programme seeks to help prospective participants understand and appreciate:
1) China as an economic superpower (Made in China 2025, AI and Digital Landscape, Sino-US tensions)
2) Legal and Political environment in China (State-Firm linkages in China, Regional Value Chains)
3) Unique Chinese ways (with cultural underpinnings) of doing business: Growing rise and influence of Chinese Corporations
4) Opportunities and Challenges of Doing Business with/in China
- Module 1: China as an economic super-power- Inevitability of Doing Business with/in China Why Indian (2 sessions)
- Module 2: Political and Legal Environment of China: State-Firm Linkages and Regional Value Chains (3 sessions)
- Module 3: Innovation and Competitiveness: AI and Digital Landscape in China (3 sessions)
- Module 4: How Open is China to Overseas Players? (2 sessions)
- Module 5: Conclusion (2 sessions)
Management Development Programmes (MDP) Office
Indian Institute of Management Indore
Prabandh Shikhar, Rau-Pithampur Road
Indore 453556, Madhya Pradesh, INDIA
Email : firstname.lastname@example.org
Tel. : +91-731-2439750, 2439752, 2439753, 24397544
Fax : +91-731-2439800
The three days MDP is designed for business professionals who are engaged at different levels, directly or indirectly, in doing business with China. Those business professionals who are aspiring to have a stint in China can also benefit from this MDP. Indian businesses sourcing from China and looking for other possible opportunities can also benefit by encouraging and supporting their middle and senior level managers to develop a more informed understanding of various aspects related to doing business with the ‘middle kingdom’.
GST, as applicable, will be additional
Prof. G Venkat Raman