China's Entrepreneurial Army by Tai Ming CheungChina's Entrepreneurial Army by Tai Ming Cheung

China's Entrepreneurial Army

byTai Ming Cheung

Hardcover | June 12, 2003

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China's Entrepreneurial Army offers a fascinating insight into the complex interwoven relationship between state power, military burden, and economic prosperity in today's China. From the early 1980s to the end of the 1990s, the People's Liberation Army went into business to make up forfalling defence spending. It established the world's largest military business complex comprising thousands of army-owned enterprises stretching into virtually every corner of the Chinese economy and overseas. This participation in business gave the military substantial economic strength and allowed it to adapt to the changing locus of power and authority in China in the reform era, which was increasingly measured through economic might. But the rapid ascent of the military commercial juggernaut alsosowed the seeds of its ignominious demise. Corruption, smuggling, and profiteering became so rampant that the political reliability of the military and the health of the Chinese economy began to be undermined. In 1998, the armed forces were ordered to get out of business. Tai Ming Cheung traces the origins, examines the participation, and details the demise of the Chinese military business complex. This path-breaking study is a uniquely comprehensive and in-depth account of this Byzantine and opaque institution, and provides a vivid portrait of the corporations,military units personalities, and other entities that were at the heart of this commercial powerhouse. Based upon extensive research of primary source Chinese publications and field work,China's Entrepreneurial Army looks at the role of the military business complex from a number of different perspectives: its success as a commercial venue, the impact on civil--military relations, and the broaderbenefits and drawbacks of this commercialism on military professionalism and economic modernization in China and elsewhere.
Tai Ming Cheung works as a consultant in the Tokyo office of PricewaterhouseCoopers Investigations Asia Ltd., helping companies manage their risk in doing business in Asia. He has previously worked as a journalist at the Far Eastern Economic Review and as an analyst for a stock brokerage in Hong Kong. He has written extensively for ne...
Title:China's Entrepreneurial ArmyFormat:HardcoverDimensions:328 pages, 9.21 × 6.14 × 0.87 inPublished:June 12, 2003Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199246904

ISBN - 13:9780199246908


Table of Contents

Introduction1. The Historical Roots of the Military Business Complex from Imperial Times to the Communist Era2. The Birth, Rise and Restructuring of the Military Business Complex, 1985 to 19983. The Structure of the Military Business Complex and its Key Corporations4. The Military Business Complex's Corporate and Personal Connections5. From Airlines to Telecommunications: The Wide Ranging Nature of the PLA's Business Activities6. The Military Business Complex in the Regions and Overseas7. The Rewards of Military Commercialism8. The Drawbacks9. Sibling Rivalries: The Relationship Between the Military Business Complex and the Defence Industrial Complex10. The PLA's Divestiture From Business, 1998 to 199911. The Impact and Legacy of the Chinese Military Business Complex and the Participation of Other Armies in Commerce