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2017 | OriginalPaper | Buchkapitel

1. Chinese Private Enterprises: Evolution and Challenges for Leadership

verfasst von : Anne S. Tsui, Yingying Zhang, Xiao-Ping Chen

Erschienen in: Leadership of Chinese Private Enterprises

Verlag: Palgrave Macmillan UK

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Abstract

According to the IMF World Economic Outlook database, in 2014 China became the largest economy in the world, with a gross domestic product (GDP) of US$18.088 trillion (16.6 of the world total), based on purchasing power parity (PPP) valuation, surpassing the USA (US$17.348 trillion; 15.9 of the world total) (IMF 2015). It is an average GDP (PPP) per capita of $13,224, a growth of 42,764 % from 1980, the beginning of its economic reform period, when GDP (PPP) was US$309 per capita (IMF 2015). The estimated calculation of IMF data put China in the top position in 2015 in terms of PPP.

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Fußnoten
1
Yuan (CNY) is the currency of the PRC, also called renminbi (RMB). By the mid-market rate of 1USD = 6.16 CNY, 1 EUR = 7.57 CNY; www.​xe.​com, accessed 8 December 2014.
 
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Metadaten
Titel
Chinese Private Enterprises: Evolution and Challenges for Leadership
verfasst von
Anne S. Tsui
Yingying Zhang
Xiao-Ping Chen
Copyright-Jahr
2017
DOI
https://doi.org/10.1057/978-1-137-40235-6_1