The Era of Chinese Multinationals


Book Description

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.




Chinese Multinationals


Book Description

This book examines the rise of Chinese companies in international markets during the last two decades of rapid expansion of the Chinese economy. The fruit of a collaboration between two leading business schools, HEC Paris and the School of Economics and Management of Tsinghua University, it provides a comprehensive 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, etc.The strategies of several well-known companies are described in detail, including Baosteel, Bird, Haier, Hisense, Huawei Technologies, Lenovo, Nuchtech, Petrochina, TCL, Tsingtao Brewery, Wahaha, Wanxiang, etc.




International Human Resource Management in Chinese Multinationals


Book Description

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 Antitrust Exceptionalism


Book Description

China's rise as an economic superpower has caused growing anxieties in the West. Europe is now applying stricter scrutiny over takeovers by Chinese state-owned giants, while the United States is imposing aggressive sanctions on leading Chinese technology firms such as Huawei, TikTok, and WeChat. Given the escalating geopolitical tensions between China and the West, are there any hopeful prospects for economic globalization? In her compelling new book Chinese Antitrust Exceptionalism, Angela Zhang examines the most important and least understood tactic that China can deploy to counter western sanctions: antitrust law. Zhang reveals how China has transformed antitrust law into a powerful economic weapon, supplying theory and case studies to explain its strategic application over the course of the Sino-US tech war. Zhang also exposes the vast administrative discretion possessed by the Chinese government, showing how agencies can leverage the media to push forward aggressive enforcement. She further dives into the bureaucratic politics that spurred China's antitrust regulation, providing an incisive analysis of how divergent missions, cultures, and structures of agencies have shaped regulatory outcomes. More than a legal analysis, Zhang offers a political and economic study of our contemporary moment. She demonstrates that Chinese exceptionalism-as manifested in the way China regulates and is regulated, is reshaping global regulation and that future cooperation relies on the West comprehending Chinese idiosyncrasies and China achieving greater transparency through integration with its Western rivals.




Multinational Companies in China


Book Description

Multinational companies have been doing business in China for over 25 years, with their presence and manning of their operations varying over time. Some mistakes of managing businesses are strikingly common and detrimental. This book explores those mistakes providing guidance that will help readers become more conscious and avoid repeating them.




China and the Multinationals


Book Description

This original and important book explores how the interaction between China and multinational enterprises (MNEs) has the potential to affect the future of the Chinese economy, the global economy, and international business. It examines the interaction of two of the most important forces affecting the development of the global economy in recent decades firstly the opening and massive growth of the Chinese economy, and secondly the rise in foreign direct investment per se and the consequent strategic restructuring of major MNEs. The expert contributors begin by investigating precisely how leading MNEs, with well-honed international practices and commitments, have drawn their subsidiaries in China into their established networks. They suggest that MNEs' operations are increasingly embedded in the growth and sustainability of the Chinese economy itself, rather than merely serving as a supply base for their global markets. The second part of the book examines the emergence of new MNEs from China itself. It shows how these MNEs are seen as integral to China's development, and how their ability to expand reflects strengths from China's growth as well as revealing the growing needs required for sustainability. This timely study will be of great interest not just to those following one of the world's key economies, but also to researchers and students of the fast-paced changes in international business strategy.




The Clash of Capitalisms?


Book Description

Li explores foreign investors' compliance with host countries' laws, drawing from detailed data on Chinese direct investment in the US.




Chinese Multinationals


Book Description

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.




China's Next Strategic Advantage


Book Description

A book for everyone who does business with China or in China. The history-making development of the Chinese economy has entered a new phase. China is moving aggressively from a strategy of imitation to one of innovation. Driven both by domestic needs and by global ambition, China is establishing itself at the forefront of technological innovation. Western businesses need to prepare for a tidal wave of innovation from China that is about to hit Western markets, and Chinese businesses need to understand the critical importance of innovation in their future. Experts George Yip and Bruce McKern explain this epic transformation and propose strategies for both Western and Chinese companies. This book is for everyone who does business with China or in China, or is interested in the development of the world's fastest-growing economy. Western CEOs can learn from Chinese companies and can create an effective innovation process in China, for China and the world. Chinese CEOs can benefit from understanding the strategies of their peers as they strive to enter foreign markets. And all Western businesses should prepare for disruption from their new competitors. Yip and McKern provide case studies of successful firms, outline ten ways in which the managerial and innovative capabilities of these firms differ from those of Western firms, and describe how multinationals doing business in China can become part of the Chinese ecosystem of new knowledge and technology. Yip and McKern argue that these innovation capabilities will be the basis for creating world-class products and services to meet the challenges of a new era of global competition.




China's Global Reach


Book Description

China's new economic surge is a surprise to all, but this ancient land remains a myth to both foreigners and Chinese. Get the inside story from a Chinese journalist/consultant about China's business, society, and politics under globalization and capitalism. This revised volume gives an insider's analysis on what's behind China's surge and its implications to the world. It covers key global issues such as manufacturing and job transfers, Chinese multinationals vs. global giants, and changing production, trade and investment trends, as well as evolving international relations."China's Global Reach" explores:- The ever-increasing influence of foreign multinationals (15 plus case studies);- National and business competition;- The ever-expanding power of Chinese multinationals (15 plus case studies);- Global job and manufacturing transfers;- The rise of Chinese consumers vs. opportunities;- China's political-economic reform;- Changing global production and economic map;- Comparative studies on China, US, Europe, Japan and India;- Evolving international relations;- Convergent movement of global civilizations; and- And more - including an afterword by Andre Gunder Frank!"China's Global Reach: Markets, Multinationals, and Globalization" is a straightforward and timely analysis of a changing world in relation to a fast-developing China. It is a book perfect for professionals, investors, policy makers, educators, and students, as well as for anyone who questions how the world will move ahead to the next stages.ReviewsJames Borton, China Venture News:"Must read for all businessmen going to China."William Ratliff, Hoover Fellow at Stanford University:"Five Stars."Dr. Paul Close, Centre for the Study of Globalization and Regionalization, University of Warwick, UK:"Very insightful... valuable information, analysis and argument of interest ... for readers of whatever kind ...should be on all bookshelves."Ronald Hilton, Hoover Fellow at Stanford University; President, World Association of International Studies:"It takes up history of globalization ... together with Afterword by Andre Gunder Frank ... fits our Learning History Project."Contemporary History Association:"This book suggests that a new global power balance will emerge gradually and most likely indirectly."