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Chinese Firms Global Firms
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Book Synopsis Chinese Firms, Global Firms by : Peter Nolan
Download or read book Chinese Firms, Global Firms written by Peter Nolan and published by Routledge. This book was released on 2014-04-11 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has achieved remarkable, sustained economic growth under the policies of ‘reform and opening up’ put into place since the late 1970s. China’s industrial policies have nurtured a large group of firms with high profits and a high market capitalisation. However, few people in the West can name a single Chinese firm. During the modern era of capitalist globalisation firms from the high income countries have spread their business systems across the world. This has presented a profound challenge for industrial policy in developing countries, including even China, the world’s second largest economy. China is unique among large latecomer developing countries in having reached the position of being a huge, fast-growing economy, with a tremendous impact on the rest of the world, but lacking a substantial group of globally competitive firms. This volume explores this paradox. Fully understanding the industrial policy challenge that the era of capitalist globalisation has produced for China is essential for harmonious international relations.
Book Synopsis Chinese Firms Going Global: Can They Succeed? by : Healy Joseph C
Download or read book Chinese Firms Going Global: Can They Succeed? written by Healy Joseph C and published by World Scientific. This book was released on 2018-06-08 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has increased its engagement with the world and is pursuing ambitious economic goals. Much has been written about the economic and social impact of Inbound Foreign Direct Investment (IFDI) on China with the transfer-in of Western resources and expertise. Less has been written, in an accessible way at least, on the unleashing of the entrepreneurial spirit and Outbound Foreign Direct Investment (OFDI) of China as Chinese firms have gone global. The global expansion of Chinese firms is a recent phenomenon, which is not well understood. The book is aimed at providing an important context for understanding the challenges and biases Chinese firms face while going global, using a multi-disciplinary approach weaving themes from history, contemporary Chinese politics, geopolitics, international relations, economics, finance, strategy, culture and society, together with the role of management education in developing entrepreneurs' capabilities for success. The book also explores the basis upon which Chinese firms can compete outside their domestic market by using a Four Cs' framework -- core capabilities, cultural adaptability, competencies of management and country of origin. The book argues that weaknesses in several of the Four Cs' might be compensated for by the Fifth C -- cooperation from government. The book will appeal to the growing legion of China-watchers and general readers who are open-minded and keen to better understand their increasing profile of Chinese firms in international markets. Are they a threat? To whom? And why? Contents: The China Dream The Facts on Chinese OFDI The Five Biases The Barrier of Political Ideology The Complexity of Culture International Strategy Firm Performance and the Role of the Financial System Management Education Concluding Remarks Readership: General readers interested in China's Economy, China's overseas investment, Chinese firms' international strategies. Keywords: Chinese Firms;Globalization;OFDI;Biases;Insurmountable Challenges;Management Capabilities;Political Ideology;Culture;Management EducationReview: Key Features: Comprehensive and rigorous, but accessible treatment of an important topic that is rarely addressed in a balanced manner in most western media discourse Bridges academia and popular treatment in a unique manner which appeals to both the Chinese and Western readers
Book Synopsis The Globalization of Chinese Companies by : Arthur Yeung
Download or read book The Globalization of Chinese Companies written by Arthur Yeung and published by John Wiley & Sons. This book was released on 2011-06-01 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis In the Shadow of the Dragon by : Winter Nie
Download or read book In the Shadow of the Dragon written by Winter Nie and published by AMACOM Div American Mgmt Assn. This book was released on 2012-05-15 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ômade in Chinaö label has long dominated the lower end of the US manufacturing industry, effectively squeezing it out of existence. That's old news. What most people don't know is that China's global reach now extends much further. Chinese companies have entered higher-end marketsùtechnology, financial services, transportation, energyùand are emerging as powerhouse multinationals. In the Shadow of the Dragon is a meticulously researched exposT of the most competitive companies in China. Based on interviews with Chinese business leaders and original case studies, the book provides: ò Profiles of key players ò Insights into subtle yet powerful strategies used to gain market dominance ò An understanding of the Chinese approach to going global ò Analysis of the Chinese way of innovation ò Advice on competing head-to-head or forming alliances with Chinese partners Part primer, part survival guide, In the Shadow of the Dragon is the first book to lay bare the challenges looming ahead.
Book Synopsis Research Handbook on the Globalization of Chinese Firms by : Craig C Julian
Download or read book Research Handbook on the Globalization of Chinese Firms written by Craig C Julian and published by Edward Elgar Publishing. This book was released on 2014-04-25 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive research Handbook encompasses an expansive range of perspectives on the globalization process of Chinese firms. Eminent global scholars provide contributions on a variety of topics, including: « industrial innovation&
Book Synopsis China and the Global Economy by : Peter Nolan
Download or read book China and the Global Economy written by Peter Nolan and published by Palgrave MacMillan. This book was released on 2001-05-10 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text tells the story of China's emergence as a major economic power and the impact this will have on world business. It is an executive summary of the opportunities for business in one of the largest markets in the world.
Book Synopsis International Cross-Listing of Chinese Firms by : Liu, Lixian
Download or read book International Cross-Listing of Chinese Firms written by Liu, Lixian and published by IGI Global. This book was released on 2014-01-31 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: While many nations are still struggling from the global financial crisis and regaining their financial security, investors are considering alternative options for investing their money; and the secure financial sector is China appears as a viable option. International Cross-Listing of Chinese Firms examines the successful techniques and strategies that Chinese companies are using within their financial practices. It highlights the foreign-based multinational enterprise theories related to the major international stock markets. By providing the latest theories and research, this book will be beneficial for business practitioners, researchers, and managers interested in the relationship between cross-listing and firm valuation of Chinese firms.
Book Synopsis Is China Buying the World? by : Peter Nolan
Download or read book Is China Buying the World? written by Peter Nolan and published by John Wiley & Sons. This book was released on 2013-04-30 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has become the world's second biggest economy and its largest exporter. It possesses the world's largest foreign exchange reserves and has 29 companies in the FT 500 list of the world's largest companies. ‘China's Rise' preoccupies the global media, which regularly carry articles suggesting that it is using its financial resources to ‘buy the world'. Is there any truth to this idea? Or is this just scaremongering by Western commentators who have little interest in a balanced presentation of China's role in the global political economy? In this short book Peter Nolan - one of the leading international experts on China and the global economy - probes behind the media rhetoric and shows that the idea that China is buying the world is a myth. Since the 1970s the global business revolution has resulted in an unprecedented degree of industrial concentration. Giant firms from high income countries with leading technologies and brands have greatly increased their investments in developing countries, with China at the forefront. Multinational companies account for over two-thirds of China's high technology output and over ninety percent of its high technology exports. Global firms are deep inside the Chinese business system and are pressing China hard to be permitted to increase their presence without restraints. By contrast, Chinese firms have a negligible presence in the high-income countries - in other words, we are ‘inside them' but they are not yet ‘inside us'. China's 70-odd ‘national champion' firms are protected by the government through state ownership and other support measures. They are in industries such as banking, metals, mining, oil, power, construction, transport, and telecommunications, which tend to make use of high technology products rather than produce these products themselves. Their growth has been based on the rapidly growing home market. China has been unsuccessful so far in its efforts to nurture a group of globally competitive firms with leading global technologies and brands. Whether it will be successful in the future is an open question. This balanced analysis replaces rhetoric with evidence and argument. It provides a much-needed perspective on current debates about China's growing power and it will contribute to a constructive dialogue between China and the West.
Download or read book China Goes Global written by Huiyao Wang and published by Springer. This book was released on 2016-04-08 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mainland China businesses are going global, transforming the country from a manufacturing export platform into an overseas investment powerhouse. China Goes Global is the most thorough and up-to-date empirical analysis of the accelerating effort of Chinese companies to go global by investing overseas. It details the overall trends of this activity with respect to its sectors, channels, overseas targets, and particular firms, along the role of Chinese Government policy in facilitating business enterprise globalization. The book offers readers an enterprise level of view outward expansion by Chinese firms that is focused not only on the big-names, but also less well-known, but equally important trailblazing enterprises. In doing so it offers practical suggestions on how firms can tackle the challenges encountered when expanding outward.
Book Synopsis Dynamic Growth of Chinese Firms in the Global Market by : David K. Tse
Download or read book Dynamic Growth of Chinese Firms in the Global Market written by David K. Tse and published by Cambridge University Press. This book was released on 2020-02-13 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores China's multinationals, their development, increasing global footprints and future, in the socio-economic contexts of China and the wider world.
Download or read book Fortune Makers written by Michael Useem and published by PublicAffairs. This book was released on 2017-03-14 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fortune Makers analyzes and brings to light the distinctive practices of business leaders who are the future of the Chinese economy. These leaders oversee not the old state-owned enterprises, but private companies that have had to invent their way forward out of the wreckage of an economy in tatters following the Cultural Revolution. Outside of brand names such as Alibaba and Lenovo, little is known, even by the Chinese themselves, about the people present at the creation of these innovative businesses. Fortune Makers provides sharp insights into their unique styles--a distinctive blend of the entrepreneur, the street fighter, and practices developed by the Communist Party--and their distinctive ways of leading and managing their organizations that are unlike anything the West is familiar with. When Peter Drucker published Concept of the Corporation in 1946, he revealed what made large American corporations tick. Similarly, when Japanese companies emerged as a global force in the 1980s, insightful analysts explained the practices that brought Japan's economy out of the ashes--and what managers elsewhere could learn to compete with them. Now, based on unprecedented access, Fortune Makers allows business leaders in the United States and the rest of the West to understand the essential character and style of Chinese corporate life and its dominant players, whose businesses are the foundation of the domestic Chinese market and are now making their mark globally.
Book Synopsis Multinationals, Globalisation and Indigenous Firms in China by : Chunhang Liu
Download or read book Multinationals, Globalisation and Indigenous Firms in China written by Chunhang Liu and published by Routledge. This book was released on 2012-07-26 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book considers the impact of multinational companies in China on the Chinese economy and on indigenous firms in China. It shows how the global business environment has undergone profound changes since the early 1990s, leading to an explosion of merger and acquisitions activity and consequent unprecedented degrees of concentration in many industries at a global level. It discusses the effects of these developments on the Chinese economy – both on multinationals and indigenous firms – analysing company strategies, activities and value chain structures. It shows that, as China’s integration into the global economy increases, new, globalised value chain structures are becoming the established norm across the Chinese economy. In particular, it explores the effects of these developments for local Chinese firms, where the strategy of "catch-up" has recently been a primary goal, demonstrating how difficult it is for Chinese firms to achieve "catch-up" when the competitors they are chasing are themselves moving forward and evolving so fast. The book includes detailed case studies of Boeing, Wal-Mart and Coco-Cola, considering their activities both at the global level and within China, and case studies of the sectors in which these forms operate in China. The book’s profoundly important conclusions concerning the impact of multinationals on the local economy and on indigenous firms are applicable to other developing economies as well as to China.
Book Synopsis China and the Global Business Revolution by : P. Nolan
Download or read book China and the Global Business Revolution written by P. Nolan and published by Springer. This book was released on 2001-07-26 with total page 1092 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has used industrial policies to try to build large corporations that can challenge those based in more advanced countries. By the late 1990s the operational mechanism of China's large firms had seen large advances. Simultaneously, a revolution has taken place in global business systems, and China's large firms are even further behind the global leaders than when they began their reforms. The WTO will require China to operate rapidly on the 'global playing field' in competition with the world's leading corporations, and this increased gap presents a deep challenge for China's business and political leaders. Peter Nolan presents here the first in-depth case studies of China's large corporations under economic reform, combined with systematic benchmarking of these firms against the world's leading corporations. The book is an unrivalled resource of information on Chinese businesses, and also leads the reader to consider the impact of China's response to its current challenges not only on China itself, but on the wider global economy.
Download or read book China Goes West written by Joel Backaler and published by Springer. This book was released on 2016-04-30 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presenting an unrivalled perspective into the inner-workings of Chinese corporations and their expansion plans for international markets, this book combines executive interviews and first-hand accounts providing the sorely needed context to the rise of Chinese companies in home and overseas markets and how the West can successfully compete.
Book Synopsis Global Networks and Innovation in China by : Tian Wei
Download or read book Global Networks and Innovation in China written by Tian Wei and published by Routledge. This book was released on 2021-07-19 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: After almost twenty years of internationalization, Chinese firms have shown their growing innovation capability through benefiting from global networks and domestic efforts. However, how Chinese firm innovation is facilitated at the international and domestic levels remains to be understood. This book investigates innovation in China from three aspects. First, starting at the international level, the effects of Chinese–foreign linkages in innovation are examined from the relationship view and the foreign ownership perspective. Second, before moving to the domestic level, the moderating role of global networks (e.g., global supply chain collaboration) is examined to understand the relationship between competition of unregistered firms and innovation of registered firms. Third, at the domestic level, innovation is studied from both upstream and downstream of the value chain: consumers’ decision-making in innovative products and strategic choices, and environment constraints for product innovation. Collectively, this book actively investigates innovation in China at international and domestic levels. It investigates how the global networks contribute to innovation in China and how domestic Chinese firms strengthen their innovation capability. The volume, thus, makes an important attempt to extend existing knowledge on this subject and provides new insights to scholars and practitioners. The chapters in this book were originally published as a special issue of International Studies of Management & Organization.
Book Synopsis Partnering with Chinese Firms by : Yadong Lou
Download or read book Partnering with Chinese Firms written by Yadong Lou and published by Routledge. This book was released on 2019-07-17 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2000: This work is aimed at international managers or business students who are interested in emerging markets, particularly China. It provides conceptual backgrounds, analytical frameworks, managerial insights, business guidance, and practical evidence concerning partner selection for both foreign and Chinese investors. It addresses how foreign companies should select ideal Chinese firms as well as what Chinese firms are looking for from foreign investors. The book is divided into three parts. The first part presents an overview of multinational enterprises (MNEs) in China and outlines the economic environment facing these firms. The second part delineates how to select appropriate partner firms from both foreign and Chinese parents perspectives. The third part includes ten case studies showing how leading MNEs in the world adopt entry and co-operative strategies (including partner selection) that align properly with internal capabilities, external environment, and organizational needs. Based on a variety of archival and Internet sources, these case studies are prepared by the author for discussion purposes.
Book Synopsis China's Industrial Policies and the Global Business Revolution by : Ling Liu
Download or read book China's Industrial Policies and the Global Business Revolution written by Ling Liu and published by Routledge. This book was released on 2005-07-05 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: As China has blended market reforms with comprehensive industrial policies, most research has focused on the national government's strategies for economic growth. However, one of the unique characteristics of industrial policy in China is that it involves government intervention at all levels, from the political elite all the way down to village leaders. This book focuses on the domestic appliance industry, and China's three major business groups in this area - Haier, Hisense and Aucma. The Haier Group, in particular, is one of the most successful and competitive enterprises in China and is very well-placed to compete globally as the Chinese economy becomes more integrated with the world trading system. This volume shows how industrial policy is formulated at the national level and implemented at the local level, and examines how local government frequently intervenes in local enterprises' business strategy and management. Of practical importance, this book provides academics, business people and policy makers with valuable insights into the development process and a concrete understanding of the challenges faced in the global business revolution by one of the world's most dynamic economies.
