Research on the internationalization of higher education is
underdeveloped and is primarily based on European and American
experience. As the second largest economy in the world with 50% of
global manufacturing capacity and generating 13% of global GDP,
China is a major economic power. Universities are at the cutting
edge of the internationalization of China as the source of the
skilled workforce required to maintain economic growth and to lead
Chinese business into the next phase where they will compete with
other multinational companies in third markets. Universities are
also a gateway to the outside world with academics having
privileged access to international information and opinion. The
development of an understanding of the process of strategy
formation in Chinese universities will assist foreign universities
and government agencies seeking to develop relationships in China.
The learnings from this book should also provide practical
assistance to foreign corporations looking to establish operations
in China or being taken over by Chinese companies. It will also
assist those wishing to analyze the reasons for the failures of
foreign ventures in China.
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