About the book
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.
Editions of The China Business Conundrum
- Hardcover
- ISBN 9781394294169
- EBook
- ISBN 9781394294176
- EBook
- ISBN 9781394294183
Read an Excerpt
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.
Frequently Asked Questions
What is The China Business Conundrum about?
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.
What core themes, tropes, or subjects are explored in The China Business Conundrum?
Economics, Finance, Business and Management > Finance and accounting > Finance and the finance industry > Banking
Where can I read a sample of The China Business Conundrum?
You can read an official preview of the few pages here https://www.book2look.com/book/9781394294169
Who is/are the Author/s of the book The China Business Conundrum?
Ken Wilcox
Who is the Publisher of the book The China Business Conundrum?
Wiley
What are the ISBN numbers for the physical and digital editions?
The China Business Conundrum is available as hardcover(ISBN 9781394294169) and ebook(ISBN 9781394294176) and ebook(ISBN 9781394294183)
Where can I buy The China Business Conundrum online or support local independent bookshops?
You can buy The China Business Conundrum from below
Where can I buy The China Business Conundrum?