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The Era of Chinese Multinationals

The Era of Chinese Multinationals
Competing for Global Dominance

by Lourdes Casanova,Anne Miroux

  • Publisher : Academic Press
  • Release : 2019-11
  • Pages : 224
  • ISBN : 0128168579
  • Language : En, Es, Fr & De
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Chinese multinationals have grown in size and increased their global presence dramatically over the last decade. They have emerged as formidable competitors for western incumbents. These firms have instigated profound changes, such as displaced trade and investment flows, new business models, and the emergence of a new geography of global innovation. In a single volume, The Era of Chinese Multinationals captures the forces driving the disruptive growth of Chinese multinational corporations. Following a presentation of the surge of Chinese companies, the book turns to corporate characteristics of those firms and how they compare with western multinationals in terms of revenues, profits, branding, and business strategy. The book uses data and case studies to depict the relevant issues with the goal of providing insights to global executives on collaborating and competing with Chinese companies. Covers the Chinese government's expansionist policies and Chinese firms' new role as a global acquirer of companies Examines common characteristics of Chinese companies and their efforts to make China an innovation hub Illustrates its analysis with case studies and interviews with corporate executives and experts in multilateral institutions

Innovation from Emerging Markets

Innovation from Emerging Markets
From Copycats to Leaders

by Fernanda Cahen,Lourdes Casanova,Anne Miroux

  • Publisher : Cambridge University Press
  • Release : 2021-01-31
  • Pages : 129
  • ISBN : 1108800408
  • Language : En, Es, Fr & De
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In recent years, emerging markets have come to represent the largest share of global GDP and have made gains in economic development and political influence. In turn, emerging market companies have taken on a new level of importance in driving innovation, local development and global competition. Advancing an integrative view that captures the diversity of innovation among companies in emerging markets, this book highlights the rapid evolution of emerging markets from imitators to innovation leaders. Building upon research conducted by the Emerging Multinational Research Network (EMRN) in collaboration with several universities in North and South America, Europe and China, this rich and expansive collection includes studies of innovation in regions yet to receive focused analysis in the field. The authors also re-examine dominant theories of innovation and capability creation based on a broad range of case studies and research insights. Offering a taxonomy of emerging market innovations, this collection reveals the unique drivers, types, and outcomes of innovation in emerging markets.

Chinese Multinationals

Chinese Multinationals
A Book

by Jean-Paul Larçon

  • Publisher : World Scientific
  • Release : 2009
  • Pages : 269
  • ISBN : 9812835598
  • Language : En, Es, Fr & De
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Examines the rise of Chinese companies in international markets. This book provides an overview of the strategies of Chinese multinationals in terms of international marketing and branding, M&As and international joint ventures, management of technology, organization and human resource management.

The Globalization of Chinese Companies

The Globalization of Chinese Companies
Strategies for Conquering International Markets

by Arthur Yeung,Katherine Xin,Waldemar Pfoertsch,Shengjun Liu

  • Publisher : John Wiley & Sons
  • Release : 2011-06-01
  • Pages : 224
  • ISBN : 0470828811
  • Language : En, Es, Fr & De
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China business experts analyze the next wave of Chinese corporate giants as they emerge into the global marketplace The rise of China and its major corporations will be a key economic development in this century. Even as leading Chinese firms show their muscle through ambitious acquisitions of firms like Thinkpad and RCA, many western investors and business leaders know little or nothing about them. This book looks at the rise of Chinese firms, who they are, how they'll change the global competitive landscape, their strengths and weaknesses, and how established western firms might meet the challenges and opportunities this trend presents. Throughout the book, the authors examine and highlight the major differences between Chinese and western firms, particularly differences related to corporate leadership and organizational structure, how and why they choose M&A targets, global workforces, and political issues like unionization. A comprehensive, expert examination of emerging Chinese global corporations and how they will affect the global economy Ideal for investors and executives of western companies Written by a team of top China business experts and curated by the editor of the Chinese edition of the Harvard Business Review For anyone who wants to understand the future of Chinese companies and the opportunities and challenges their global emergence will present, The Globalization of Chinese Companies offers comprehensive, expert insight.

Transition and Opportunity

Transition and Opportunity
Strategies from Business Leaders on Making the Most of China’s Future

by Huiyao Wang

  • Publisher : Springer Nature
  • Release : 2022
  • Pages : 129
  • ISBN : 9811686033
  • Language : En, Es, Fr & De
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The Impact of Outward FDI on the Performance of Chinese Multinationals

The Impact of Outward FDI on the Performance of Chinese Multinationals
A Book

by Claudio Cozza

  • Publisher : Unknown Publisher
  • Release : 2016
  • Pages : 32
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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Using a new firm-level database, EMENDATA, this paper investigates the effects on Chinese multinational enterprises of Outward FDI (OFDI) into advanced European countries. Propensity score matching is combined with a difference-in-difference estimator to reduce the problems of self-selection of treated firms in foreign markets and to eliminate time-invariant and unobservable differences between those firms and the controls. The results provide robust evidence in support of the view that China's OFDI had so far a positive impact on domestic activities in enhancing firms' productivity and scales of operation, as measured by assets, sales and employment. Distinguishing among such investments on the basis of entry mode shows that acquisitions facilitate early access to intangible assets but are detrimental to financial performance, whereas greenfield investments have a positive impact on the scale and productivity of Chinese investors. Publication keywords: outward FDI, reverse spillovers, performance, Chinese multinationals.

China's Global Reach

China's Global Reach
Markets, Multinationals, and Globalization

by Zhibin Gu,Andre Gunder Frank

  • Publisher : Fultus Corporation
  • Release : 2006
  • Pages : 249
  • ISBN : 1596820934
  • Language : En, Es, Fr & De
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Get the inside story from a Chinese journalist/consultant about China's business and politics. This revised volume gives an insider's analysis on what's behind China's surge and its implications to the world, covering manufacturing & job transfers, Chinese multinationals, changing production and trade, and international relations.

International Human Resource Management in Chinese Multinationals

International Human Resource Management in Chinese Multinationals
A Book

by Jie Shen,Vincent Edwards

  • Publisher : Routledge
  • Release : 2006-09-27
  • Pages : 240
  • ISBN : 1134238738
  • Language : En, Es, Fr & De
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The authors explore the degree to which Chinese multinationals have a distinctive 'Chinese' approach to human resource management, in the same way as large Japanese companies are widely regarded as having a special Japanese approach. Based on extensive original research in the subsidiaries of Chinese multinationals outside China, the book examines a wide range of issues related to this key question including the evolution of human resource management in Chinese companies, the internationalization of Chinese business, recruitment and selection, rewards and compensation, performance appraisal, strategic integration, and employee relations. Shen and Edwards give a detailed account of the international human resource management of Chinese multinational enterprises; a topic of increasing significance in understanding global economic affairs.

Chinese Companies and the Hong Kong Stock Market

Chinese Companies and the Hong Kong Stock Market
A Book

by Flora Xiao Huang,Horace Yeung

  • Publisher : Routledge
  • Release : 2013-10-30
  • Pages : 266
  • ISBN : 1134671113
  • Language : En, Es, Fr & De
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Listing by companies from one country on the stock market of another country is a device often used both to raise capital in, and to increase bonding with, the target country. This book examines the listing by Chinese companies on the Hong Kong stock market. It discusses the extent of the phenomenon, compares the two different regulatory regimes, and explores the motivations for the cross-listing. It argues that a key factor, in addition to raising capital and bonding with the Hong Kong market, is Chinese companies’ desire to encourage legal and regulatory reforms along Hong Kong lines in mainland China, in order to develop and open up China’s domestic capital markets.

Npd in Indigenous Chinese Companies and Its Deployment Within the Chinese Economy

Npd in Indigenous Chinese Companies and Its Deployment Within the Chinese Economy
A Book

by Xiaohuan Zhang

  • Publisher : Universal-Publishers
  • Release : 2006-11
  • Pages : 272
  • ISBN : 158112340X
  • Language : En, Es, Fr & De
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The thesis aims to examine and explore NPD activities within China and establish whether a Western interpretation of NPD is appropriate to indigenous Chinese companies, engaged in an economy which is entering an era of globalisation. The research is based on ten case studies undertaken within five industrial sectors: lighting (light fabrication), watches (personal consumer products), white goods, automotive and telecommunications. Cases are representative of the differing types of Chinese organisations, and include examples of privately, collectively and state owned enterprises (POEs, COEs and SOEs), together with international joint ventures (IJVs). Conceptual approaches are developed to examine organisational background, NPD culture, technology transfer, NPD coordination, entrepreneurial behaviour, network development and market dynamics within each case study. The units of analysis in the framework reflect three main themes of intra, extra-organisational and strategic issues which are revisited throughout the thesis. The case studies are analysed using a mapping process in which each of the cases is described in terms of its engagement with NPD roles and performance and their correlation with economic development, compared with Western practice. Contingent on this, the thesis identifies a series of assumptions within Western literature, which are evaluated by assessing the case study findings, to establish the transferability of NPD conceptions. In addition, correlations between differing NPD related issues are identified using repertory grid theory detailed in a separate appendix and complementary to the case study analysis. The thesis concludes by proposing models of strategic NPD specific to Chinese organisations, at both intra-organisational, and micro and macro-economic levels; these provide an overview of distinctive NPD performance in indigenous companies, contextualised within the Chinese economy. The implication is that the future development of the Chinese economy will necessitate greater engagement with NPD, albeit in a differing form.

International Brand Management of Chinese Companies

International Brand Management of Chinese Companies
Case Studies on the Chinese Household Appliances and Consumer Electronics Industry Entering US and Western European Markets

by Sandra Bell

  • Publisher : Springer Science & Business Media
  • Release : 2008-03-29
  • Pages : 370
  • ISBN : 379082030X
  • Language : En, Es, Fr & De
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China is certainly doing its best to keep the world mesmerized by its e- nomic achievements. The Chinese economic growth story that begun 30 years ago has in terms of dynamics and duration long since surpassed all those “economic miracles” which have brought Germany, Japan, and the South East Asian Tigers into the top–league of the industrialized world. The rapid expansion of the Chinese economy has gone along with a fu- fledged re-integration of China into the global economic system. In the course of the last 30 years China has become a major player in the global economy and today is on a trajectory towards even greater prominence. In recent years, the Chinese economy seems to have reached an imp- tant threshold line of economic development and global integration. In the first quarter century of reform and global opening, Chinese enterprises have been largely confined to a ‘passive’ role in the global division of - bor. Foreign enterprises as the proprietors of greatly superior business models, production technologies, management models as well as very competitively established brands have been integrating Chinese players in their value chains and global operations. Lacking the necessary production technologies, products as well as marketing knowledge to successfully - dress OECD-consumers, Chinese enterprises have been hardly able to - ter the global markets without such guidance. Now, this constellation is changing.

China and the New World Order

China and the New World Order
How Entrepreneurship, Globalization, and Borderless Business are Reshaping China and the World

by Zhibin Gu,William Ratliff

  • Publisher : Fultus Corporation
  • Release : 2006
  • Pages : 246
  • ISBN : 1596821078
  • Language : En, Es, Fr & De
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Get the inside story from a Chinese journalist/consultant about China's surge under globalization and capitalism. This second volume of a trilogy covers (1) political-economic trends; (2) Chinese multinationals vs. global giants; (3) trade, the yuan, banking, insurance, and the stock market; and (4) issues with Taiwan, the West, India, and Japan.

India in the Era of China’s Belt and Road Initiative

India in the Era of China’s Belt and Road Initiative
How Modi Responds to Xi

by Anil Sigdel

  • Publisher : Lexington Books
  • Release : 2020-10-19
  • Pages : 234
  • ISBN : 179360164X
  • Language : En, Es, Fr & De
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Anil Sigdel dives into some of the most interesting trends in international relations, such as the rising influence of China and the instruments it uses to advance its interests worldwide, chiefly among them the Belt and Road Initiative(BRI) and the interplay between China and India, and what means New Delhi employs to come after China in the wider world. To this end, Sigdel takes both a geographic view by analyzing China’s and India’s relations with key regions – South East to Central Asia, Indian Ocean Region and Africa - and a functional view scrutinizing issues of relevance to the main topic – from cultural ties to infrastructure investment and maritime security. In his incisive analysis, Sigdel provides rich details on how India’s partnership is shaping with the major stakeholders in the Indo-Pacific region such US, Japan and France, and how India is balancing these partnerships vis-à-vis the one with Russia. The conclusions point to interesting prospects for the future – China challenge has, in a way, helped India further advance its own ambition of becoming a separate pole or leading power, therefore, India is likely to pursue that status by aligning issue-wise with all the powers.

An Investment Perspective on Global Value Chains

An Investment Perspective on Global Value Chains
A Book

by Christine Zhenwei Qiang,Yan Liu,Victor Steenbergen

  • Publisher : World Bank Publications
  • Release : 2021-06-15
  • Pages : 398
  • ISBN : 1464816840
  • Language : En, Es, Fr & De
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This report investigates the role of foreign direct investment (FDI) in helping developing countries participate in global value chains (GVCs). It combines the perspectives and strategies from three types of players: multinational corporations, domestic firms and governments. It aims to provide practical guidance for developing countries to develop strategies that use FDI to strengthen GVC participation and upgrading. The report has six main chapters: 1. FDI and GVCs. Assesses the trade-investment nexus and analyzes the effect of FDI in countries’ GVC participation and upgrading at the country level. 2. MNCs shape GVC development. Highlights MNCs' contribution to global economy and how their business strategies shape the evolution of GVCs. The chapter also compares MNCs' business strategies in terms of outsourcing and offshoring, risk mitigation and increasing market power across GVC archetypes. 3. Domestic firm perspectives on GVC participation. Looks at the various paths domestic firms can take to internationalize their production and trade. Investigates domestic firm characteristics that predict higher GVC participation, and the effect of GVC participation on firm performance. 4. Investment policy and promotion: what is in a government’s toolbox? Summarizes the various policy instruments governments have at their disposal to help attract MNCs to their country and facilitate GVC participation of domestic firms. 5. Integrating countries into GVCs. Draws on a range of case studies to illustrate how governments can develop coherent strategies and policy packages to integrate their countries into GVCs. 6. FDI and GVCs in the wake of COVID-19. Reflects the impact of COVID-19 on FDI and GVCs, the response from multinationals and suppliers, and the implications for GVC reconfiguration. In addition, there are seven case studies that offer more nuanced analysis on the GVC participation in selected countries and sectors: • Five qualitative case studies: Five countries have been selected that managed to use FDI to stimulate GVC participation using a range of approaches. By design, these five countries also cover five different GVC archetypes. These countries are: (1) Kenya (horticulture); (2) Dominican Republic (textiles); (3) Mauritius (tourism); (4) Malaysia (electronics); (5) China (software). • Two quantitative case studies: Rwanda, West-Bengal (India). These use a combination of firm- and transaction level datasets to study firm-level dynamics that explain the role of multinational and domestic firms across GVCs.

Dreams and Reality

Dreams and Reality
New Era of China's Reform

by Jian Ping

  • Publisher : World Scientific
  • Release : 2016-03-11
  • Pages : 240
  • ISBN : 9814656291
  • Language : En, Es, Fr & De
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This book is a detailed study on the future development trends of China by well-known Chinese and foreign scholars. The emphasis is on the study of the development of relations between China and the world, from both the micro and macro points of view. Besides China's external relations, the authors also present succinctly the key problems that China encounters today. Contents:China in 2030 (Kerry Brown)The Rise of China and the Restructuring of World Order (Zhu Yunhan)When China Takes Over the World (Klas Eklund)What Kind of Economic Reform Does China Need (Li Daokui)China's Economic Growth Gradually Slows Down (Wei Sen)Direction of Economic System Reform (Wu Jinglian)It is a Progressive Process to Reach the Other Bank: Thinking About the Thirty-Year Reform in Terms of Transition Economics (Fan Gang)How Can China Avoid the Middle-Income Trap (Cai Fang)A Top-Down Design is Urgently Needed for Political System Reform (Chen Jiagang)Dilemma and Breakthrough for China's Rule of Law: Reflection on Several Issues about the Legal System Construction of China (Jiang Ping)Where is the Road to Anti-Corruption for China (He Zengke)China in the Next 30 Years: Deepening Economic Reform from the Man-Nature Relationship (Wang Songpei)What Should We Learn from China (Josef Gregory Mahoney) Readership: Students, Researchers and the general public who are keen to understand the future development trends in China.

Multinational Corporations and the Emerging Network Economy in Asia and the Pacific

Multinational Corporations and the Emerging Network Economy in Asia and the Pacific
A Book

by Juan J. Palacios

  • Publisher : Routledge
  • Release : 2008-03-25
  • Pages : 336
  • ISBN : 1134081103
  • Language : En, Es, Fr & De
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Multinational Corporations and the Emerging Network Economy in Asia and the Pacific delves into the ongoing rise of a global economy anchored in a web of inter-firm production networks and the role played by multinational corporations in the process. It considers the strategies and business models corporations have adopted lately to face today’s highly competitive global markets, especially outsourcing and offshoring, focusing on the modalities observed in Asia Pacific and the Pacific Rim at large. Since their inception, corporations have undergone a series of fundamental changes; each has corresponded to a given era of industrial development and has given rise to a particular type of government policy response. The book addresses these timely issues and other such as the transformation of global production networks into global innovation networks, the link between corporate and national innovation strategies and movement up the global production value chain, and the fragmentation of production and the resulting increase in component and sub-assembly trade in the region. It also takes up the emergence of multinational corporations from developing countries and the efforts aimed at forging basic rules of corporate social responsibility and developing sound institutions for building a working framework of corporate governance in the Pacific. Written by some of the region’s most eminent and influential economists and political scientists, this volume will appeal to students and scholars working in the field of Asia Pacific studies as well as to businesspersons and policymakers taking decisions in the region.

Global Strategy

Global Strategy
A Book

by Mike W. Peng

  • Publisher : Cengage Learning
  • Release : 2021-01-01
  • Pages : 562
  • ISBN : 0357512421
  • Language : En, Es, Fr & De
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The world’s best-selling global business strategy text, Peng's GLOBAL STRATEGY, 5E uses a reader-friendly approach to present strategic management from a truly global perspective. This edition emphasizes strategy around the globe using evidence-driven explanations with the latest research. A unique strategy tripod perspective presents three leading views - industry-based, resource-based and institution-based views - in each chapter. A conversational style emphasizes the story behind the stories, while timely debates address strategic issues, such as globalization versus de-globalization, offshoring versus non-offshoring and social media freedom of speech versus censorship. You also examine building an antitrust case against Big Tech and reducing income inequality via corporate social responsibility (CSR). Strategy-in-action boxes, numerous chapter cases and brief, to-the-point integrative cases present current global topics. GLOBAL STRATEGY, 5E is available as a printed book or ebook. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.

United States-China Relations in the Era of Globalization

United States-China Relations in the Era of Globalization
Hearing Before the Committee on Foreign Relations, United States Senate, One Hundred Tenth Congress, Second Session, May 15, 2008

by United States. Congress. Senate. Committee on Foreign Relations

  • Publisher : Unknown Publisher
  • Release : 2008
  • Pages : 70
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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Chinese Politics in the Era of Xi Jinping

Chinese Politics in the Era of Xi Jinping
Renaissance, Reform, or Retrogression?

by Willy Wo-Lap Lam

  • Publisher : Routledge
  • Release : 2015-03-12
  • Pages : 322
  • ISBN : 1317515773
  • Language : En, Es, Fr & De
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Renowned for his coverage of China's elite politics and leadership transitions, veteran Sinologist Willy Lam has produced the first book-length study in English of the rise of Xi Jinping--General Secretary of the Chinese Communist Party (CCP) since November 2012. With rare insight, Lam describes Xi's personal history and his fascination with quasi-Maoist values, the factional politics through which he ascended, the configuration of power of the Fifth-Generation leadership, and the country's likely future directions under the charismatic "princeling." Despite an undistinguished career as a provincial administrator, Xi has rapidly amassed more power than his predecessors. He has overawed his rivals and shaken up the party-state hierarchy by launching large-scale anti-corruption and rectification campaigns. With a strong power base in the People's Liberation Army and a vision of China as an "awakening lion," Xi has been flexing China's military muscle in sovereignty rows with countries including Japan, Vietnam, and the Philippines while trying to undermine the influence of the United States in the Asia-Pacific region. While Xi is still fine-tuning his art of governance, his zero tolerance for dissent and his preoccupation with upholding the privileges of the "red aristocracy" and the CCP's status as "perennial ruling party" do not bode well for economic, political, or cultural reforms. Lam takes a close look at Xi's ideological and political profile and considers how his conservative outlook might shape what the new strongman calls "the Great Renaissance of the Chinese race."

Multinationals in China

Multinationals in China
Business Strategy, Technology and Economic Development

by S. Zhang,R. Pearce

  • Publisher : Springer
  • Release : 2011-12-02
  • Pages : 159
  • ISBN : 0230365426
  • Language : En, Es, Fr & De
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Though it's widely understood that inward foreign direct investment has played a major role in mediating China's emergence into the international economic system, how and why MNEs have implemented their involvement as part of their global strategy is less well understood. This book explores the nature of the MNE in this era of globalization.