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To general objective of the course is to develop a solid grasp of the socio-economic and political situation in China (with its challenges both for China and for the rest of the world) in order to be able to define sustainable strategies for managing effectively in China and for handling the growing interdependence between China and the rest of the world. From looking at the performance of China - as perceived in US, Europe and emerging markets - students will get an insight in the current complex dynamics of China development (without the hype and with realism) and discuss alternative scenarios, with their business and socio-political consequences on the medium term. From this analysis and with a prospective perspective in mind, we will explore alternative strategic business approaches and management practices required to build, overtime, a mutually rewarding growing inter-dependence. More specifically, the course will initially identify the multi-causality behind China's achievements and discuss some of the dysfunctions associated, today, with such performance. The conditions of management effectiveness required to enter and succeed in the Chinese market will be identified while the challenges faced by the global expansion of Chinese firms overseas will be illustrated. Corporate governance issues, societal changes in China will be discussed in order to understand the context in which alternative scenarios for the future of China can be built. The course will rely upon different pedagogical methods; it will create conditions to share and leverage students' experience and it will make use of a number of recent cases and research results. Auditors will be admitted (pending space), but they will have to be present (and prepared) in all the sessions.