Multinationals, Globalisation and Indigenous Firms in China

Multinationals, Globalisation and Indigenous Firms in China

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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 a€“ both on multinationals and indigenous firms a€“ analysing company strategies, activities and value chain structures. It shows that, as Chinaa€™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 qcatch-upq has recently been a primary goal, demonstrating how difficult it is for Chinese firms to achieve qcatch-upq 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 booka€™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.... 65, 158, 159, 166 President 144 Prestige 98 primary activities 11 private label 77, 87, 90 private pension funds 34 Procter aamp; Gamble ... 163 Saks 79 Samar 98 Sanitas Troesch (Switzerland) 57 Sanyo 138, 163 Sara Lee 98 a#39;Scan N Paya#39; model 90 Sears 79 Sears, Mike ... 57 Sinco 137, 143 Singapore Technologies 67 Singer Sewing Machine 33 a#39;sinificationa#39; of the global business system xiv small andanbsp;...

Title:Multinationals, Globalisation and Indigenous Firms in China
Author: Chunhang Liu
Publisher:Routledge - 2012-07-26

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