Please note: there may be some adjustments to the teaching arrangements published in the course catalogue for 2020-21. Given current circumstances related to the Covid-19 pandemic it is anticipated that some usual arrangements for teaching on campus will be modified to ensure the safety and wellbeing of students and staff on campus; further adjustments may also be necessary, or beneficial, during the course of the academic year as national requirements relating to management of the pandemic are revised.

The Business Environment in China and the Global Economy SPS5003

  • Academic Session: 2020-21
  • School: School of Social and Political Sciences
  • Credits: 20
  • Level: Level 5 (SCQF level 11)
  • Typically Offered: Semester 2
  • Available to Visiting Students: Yes

Short Description

China is one of the most rapidly growing economies in the world and it is becoming increasingly important in global business. The integration of China into the world economy since it began its open-up reforms in late 1970s creates unprecedented opportunities for domestic and foreign business. On the other hand, the rapidly changing business environment in the country also present big challenges to business practitioners and investors.

This elective will examine the institutional configurations affecting the conduct of business in the People's Republic of China with particular reference to the challenges and opportunities posed by changes in the international trade and foreign investment policies, the financial and banking system, and the ownership structures of business in China. Key issues that will affect the country's further transformation and development will also be explored.


Lectures and seminars to be arranged.

Requirements of Entry

Mandatory Entry Requirements

2.1 Honours degree or equivalent. Please note that this course is offered subject to staff availability.

Recommended Entry Requirements

Excluded Courses

ESH5022 The Business Environment in China



One essay of 4,000 words.



In accordance with the University's Code of Assessment reassessments are normally set for all courses which do not contribute to the honours classifications. For non honours courses, students are offered reassessment in all or any of the components of assessment if the satisfactory (threshold) grade for the overall course is not achieved at the first attempt. This is normally grade D3 for undergraduate students, and grade C3 for postgraduate students. Exceptionally it may not be possible to offer reassessment of some coursework items, in which case the mark achieved at the first attempt will be counted towards the final course grade. Any such exceptions are listed below in this box.


Course Aims

This course aims to provide participants with foundational understanding as well as latest knowledge concerning the aforementioned aspects that have direct influence on business activities in China.

Intended Learning Outcomes of Course

By the end of this course students will be able to:

Assess the development of China's international trade policy and its
impact on business activity in China.

Assess the causes and consequences of foreign investment in China.

Demonstrate understanding of the development and implications of
China's foreign exchange policy.

Assess critically the development of the financial and
banking system and its impact on the business environment.

Analyse critically the changing structure of private and public
ownership of business in China.

Minimum Requirement for Award of Credits

Students must submit at least 75% by weight of the components (including examinations) of the course's summative assessment.