China has its own history and success in business with a system of management which is very different to Western models. China's business methods are receiving more global attention as the Chinese economy rises and proves resilient to many international financial problems. However, Chinese business and management are not widely understood outside of China. This book addresses the issue by discussing Western and Chinese management practices and exploring how successful management practices can be learned from both models. An understanding and appreciation of both Western and Chinese management is likely to be essential for the corporate leaders of tomorrow. The book argues that good management education should not only pay attention to the preaching of theories and techniques, but also value the teaching of wisdom and art, and thus get a good balance between the two. In other words, it means keeping a dynamic balance so as to ensure the compatibility of Yin and Yang and the coexistence of two extremes, reaching the final goal of all living creatures growing together without doing harm to one another, roads running parallel without interfering with each other. *** Librarians: ebook available on ProQuest and EBSCO (Series: Cases in Modern Chinese Business) Subject: Chinese Studies, Asian Studies, Business, Economics]