Chinese Challenges

INB425 Chinese Challenges

  • Topics


    • Overhead view of the Chinese economy, its development and position in the world
    • The Chinese political system
    • Chinese culture; Confucianism and the importance of social network
    • Transforming a centrally planned economy
    • State owned enterprises (SOE) and the development of capitalism in China
    • Foreign direct investments in China
    • Regional discrepancies and other internal Chinese problems
    • Doing business in China
    • Developing Chinese transnational companies
    • China in Africa
    • Corporate cases

  • Learning outcome

    Learning outcome

    The course has as its main objective to give participants a deeper understanding of the economic, social and political development of China and the challenges it poses in the 21st century, especially the challenges related to a more open Chinese economy and China as an increasingly important actor in the world economy as well as the problems posed by transition from a centrally planned to a market economy. The course is multi-disciplinary, broad reaching and includes cultural and political aspects as well as macroeconomic and business related issues.


    At the end of this course students should:

    • understand the cultural and political differences between China and Europe/North America;
    • skills to analyze the influence these differences have on operating businesses in China;
    • have insights in the transformation of a planned economy into a market economy;
    • have an overview of the "opening up" process and the modern trade history of China;
    • understand why FDI is attracted to China and FDI's influence on growth and change;
    • have knowledge of the geography of China and understand the regional and environmental problems ahead;
    • be able to analyze and understand the increasing international influence of Chinese multinational companies and China¿s foreign policy, particular in Africa.

  • Teaching


    Forms of teaching/study will include: lectures, including several guest lecturers (Norwegian and foreign scholars and corporate executives), extensive theme based group work, use of e-learning tools in preparing group term papers (essays), assistance from supervisor in group and term paper work.


  • Required prerequisites

    Required prerequisites


  • Requirements for course approval

    Requirements for course approval

    • Attendance is mandatory for 75% of the meetings
    • Take active part in the class discussions, presentations, debates etc
    • Write and present a term paper, preferably a group paper, to be accepted before the final exam

  • Assessment


    • Three hours written examination
    • Term paper

    Grading based on written exam paper (60 %), and term paper (40 %).

  • Grading Scale

    Grading Scale

    Grading scale A - F.

  • Computer tools

    Computer tools

    Computer with Internet access, e-mail, presentation program (MS PowerPoint). Extensive use of It´s learning.

  • Semester


    Spring. Not offered spring 2018. 

  • Literature


    Changing from year to year - to be announced


ECTS Credits
Teaching language

Course responsible

Professor Eirik Vatne, Department of Economics.