Multinationals, Globalisation and Indigenous Firms in China

By Chunhang Liu

© 2009 – Routledge

208 pages | 6 B/W Illus.

Purchasing Options:
Paperback: 9780415541770
pub: 2012-05-15
US Dollars$46.95
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Hardback: 9780415451901
pub: 2008-12-02
US Dollars$178.00
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About the Book

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.

Table of 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

About the Author

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.

About the Series

Routledge Studies on the Chinese Economy

The primary aim of this series is to publish original, high quality, research-level work, by both new and established scholars in the West and East, on all aspects of the Chinese economy, including studies of business and economic history. Works of synthesis, reference books and edited collections will also be considered. Submissions from prospective authors are welcomed.

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Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
POL000000
POLITICAL SCIENCE / General
SOC008000
SOCIAL SCIENCE / Ethnic Studies / General