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PREVIEWGordon G. Chang — American Enterprise in China: Frustration and the Shift to Supply Webs. John Batchelor and Chang discuss American enterprises encountering significant market opportunities in China but experiencing persistent disappointment, frustration, and strategic retreat due to China's "pirate stance" on intellectual property protection. American businesses, though historically overly optimistic regarding trade expansion trends, are systematically developing alternative sourcing arrangements—constructing "supply webs" rather than centralized supply chains—as they confront the serious, escalating trade friction and intellectual property theft.
1918 PEKING UNIVERSITY
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