Cross Cultural Investing - Investing in China

Instead of concepts like democracy, open competition and free or protectionist trade, some commentators have suggested that the key to understanding China and its market is through 3 particular features unique to China - Confucianism, centralised government and communism.

To address your probably reaction to the above, no moral judgment is passed on China’s politics, and it is acknowledged instead that economically, China is arguably one of if not the world’s largest economic markets, with profits a lifeblood running through many companies, state owned enterprises or otherwise.

The Chinese business model works, with many praising its cheap costs of doing business, for example, at least for the immediate future.

For a reader to determine whether or not he or she appreciates the economic success of China, then differences in political views notwithstanding, the next usual question arises, what book recommendations this website can make for visitors to understand investing in China.

Do you know of any?

Southpaw Confessions is open to book recommendations on this subject matter, as there appears to be no one book that answers this fluid, large scale question, in one sitting.

To start off, Southpaw Confessions makes the following preliminary recommendations on the so-called features of China, and hopes to hear from visitors if there are any definitive or seminal books on this matter.

1. On Confucianism, try the Confucius Analects by Confucius himself.

2. On Central Government, The Chinese Economy by Barry Naughton may be a crucial text explaining China's shift from a planned economy to a mixed system, crucial for understanding the context of central planning.

3. On Communism, try the publicly available and translated President Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era.

The above is the writer's attempt at suggesting some texts that are particular to the Chinese markets and economy. As it is by no means definitive, do leave a comment if you have come across any good books about investing in China.

Comments, if any, are much appreciated.