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Multinationals, Globalisation and Indigenous Firms in China

By Chunhang Liu

Routledge – 2009 – 208 pages

Series: Routledge Studies on the Chinese Economy

Purchasing Options:

  • Add to CartPaperback: $46.95
    978-0-415-54177-0
    May 15th 2012
  • Add to CartHardback: $178.00
    978-0-415-45190-1
    December 2nd 2008

Description

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.

Contents

1. Introduction 2. The Multinational Corporation and Third World Development 3. Introducing the Context: Recent Changes in Global Business Structure 4. Aerospace 5. Retail 6. Softdrinks 7. Summary Research Findings

Author Bio

Chunhang Liu is Associate Professor and Director of the China Industry Development Research Centre at Beijing University, China. He is also Senior Research Associate in the Centre of Development Studies at the University of Cambridge.

Name: Multinationals, Globalisation and Indigenous Firms in China (Paperback)Routledge 
Description: By Chunhang Liu. 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...
Categories: Development Economics, International Business, Chinese Business, Chinese Economics, Chinese Politics, Globalization, Chinese Politics, Asian Business