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Resource Security and Governance - Globalisation and China's Natural Resources Companies (Hardcover)
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Resource Security and Governance - Globalisation and China's Natural Resources Companies (Hardcover)
Series: Routledge Studies in Corporate Governance
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China's phenomenal economic growth in the past 30 years has
witnessed the rise of its global natural resources companies. At
the same time, the emerging of a middle class in China and their
desire to improve living standards including better dwelling
conditions, better health and nutrition, has driven strong demand
in mineral resources, energy and quality food. The so called
'socialist market economy' in China has seen this growing demand
being met partially by companies with 'national significance'. In
the resources sector, these companies are represented by companies
listed in stock exchanges in China as well as globally such as in
New York and London; at the same time, most of these companies are
also controlled by the Chinese government. China's resources
companies have expanded overseas in search of new acquisition
targets whilst seeking to extend their global reach with a focus on
resource rich countries. The expansion of these companies
internationally, and the unique ownership structure of these
companies, has posed challenges for regulators, trading partners of
these companies, investors and other interested parties seeking to
understand how these companies are governed and the implications of
government ownership for resource security globally. Resource
Security and Governance: The Globalisation of China's Natural
Resources Companies contains case studies of the global expansion
efforts of Chinese global natural resources companies; it reviews
the governance structures of these companies and analyses how these
have affected the inter-relationship between these companies and
their trading partners, governments, regulators in targeted
countries and investors globally. In addition, this book examines
how the unique structure of these companies may affect resource
security globally and touches on other related matters such as
climate change, and air and water security in China.
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