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Books > Business & Economics > Economics
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Multinationals, Globalisation and Indigenous Firms in China (Paperback)
Loot Price: R1,431
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Multinationals, Globalisation and Indigenous Firms in China (Paperback)
Series: Routledge Studies on the Chinese Economy
Expected to ship within 12 - 19 working days
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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 - 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.
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