China Business Conundrum

Regular price €27.50
A01=Ken Wilcox
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Author_Ken Wilcox
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business sabotage
Category1=Non-Fiction
Category=KFFK
Category=KJK
Category=KJP
ccp business
china bank
china business
china business practices
china ethics
china finance
COP=United States
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eq_business-finance-law
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eq_non-fiction
how to do business in china
international business
international partnership 
Language_English
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Price_€20 to €50
PS=Forthcoming
silicon valley bank
softlaunch
svb

Product details

  • ISBN 9781394294169
  • Weight: 635g
  • Dimensions: 163 x 234mm
  • Publication Date: 04 Nov 2024
  • Publisher: John Wiley & Sons Inc
  • Publication City/Country: US
  • Product Form: Hardback
  • Language: English
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Revealing account of the struggles and surprises when forming a financial joint venture with China

The China Business Conundrum: Ensure That "Win-Win" Doesn't Mean Western Companies Lose Twice describes former CEO of Silicon Valley Bank (SVB) Ken Wilcox's firsthand challenges he encountered in four years “on the ground” trying to establish a joint venture between SVB and the Chinese government to fund local innovation design—and the Chinese Communist Party (CCP) efforts to systematically sabotage the project and steal SVB's business model. This book provides actionable advice drawn from meticulous notes Wilcox took from interviews with people from all walks of Chinese life, including Party and non-Party members, the business elite, and domestic workers.

Describing a China he found fascinating and maddeningly complex, this book explores topics including:

  • Difficulties in transplanting SVB's model to China, from misunderstandings about titles and responsibilities to pitched battles over toilet design
  • Ethics and practices widely adopted by Chinese businesses today and why China must be met with realistic expectations
  • Wilcox's own honest missteps and the painfully learned lessons that came afterwards

Engrossing, enlightening, and entertaining, The China Business Conundrum: Ensure That "Win-Win" Doesn't Mean Western Companies Lose Twice is an essential cautionary tale and guidebook for all Western bankers, C-suite executives, consultants, and entrepreneurs seeking to do business within China.

A 30-year veteran of Silicon Valley Bank (SVB), KENNETH WILCOX was the bank’s CEO from 2001 to 2011 and Vice Chairman of SVB’s joint venture in Shanghai (SSVB) until 2019. He is a former member of the board of directors of the Federal Reserve Bank of San Francisco.