FAS It makes it harder. The work is not valued at the same dollar amount as mainstream (read white Hollywood ish fare) work. We are always working with a fraction of the budget of a white production producer director, etc.

A conceptual basis for the opposing perspective, to which I adhere, lies in the Harvard economist Michael Porter s theory of shared value creation. In fact, my own publications promote the stakeholder concept as the framework for a modern understanding of socially responsible corporate management.

Furthermore, model simulations show that the Chinese export sectors that have greater ratios of value added abroad are concentrated in the manufacturing industry the industry upon which China s economy is most dependent. Indeed, 26 of the value added by the primary manufacturing sector is not created by China.

Likewise, China should cultivate its own transnational corporations to engage in worldwide manufacturing and sales. While these activities may seem like the simple cross border export of intermediate products, they amount to the deployment and extension of domestic production, enhancing the home country s role in shaping global value chains.