China : business opportunities in a globalizing economy / editor, Verner Worm.

Format:

Book

Contributor:

Worm, Verner.

Language:

English

Subjects (All):

Investments, Foreign--China.

Investments, Foreign.

China--Economic conditions.

China.

Physical Description:

1 online resource (195 p.)

Edition:

1st ed.

Place of Publication:

[Frederiksberg, Denmark] : Copenhagen Business School Press ; Portland, OR : [Distributed in] North America [by] International Specialized Book Services, 2008.

Language Note:

English

Summary:

China has emerged as a focal point for both the business community at large and within the field of international business. An important way for China to achieve its position is through foreign direct investments (FDIs). This book looks at the main causes behind the impressive economic growth in China and in particular it explores the major role that FDIs play. The authors cover aspects of China's economic globalization both from a macro- as well as a micro-oriented approach. On the macro-oriented side, the book focuses on FDIs role in itself and gives a detailed distribution of the origin of the investment as well as the destination in different provinces. On the micro-oriented side, it explains how guanxi capital can be a sustainable competitive advantage. The book comprises a detailed description of outbound FDIs, which is found to be both market- and technology-seeking. China's attraction of FDIs will have an impact on neighboring countries, both positively and negatively. This impact cannot be understood without considering national loyalties of the overseas Chinese. In order to complete the picture of China's emergence, the book also considers the increasing number of Chinese tourists. Although the number of people who can afford a trip to the West is limited, China's integration in the world economy presents an opportunity for Chinese business travelers to go overseas to learn more about business in other countries.

Contents:

CHINA - BUSINESS OPPORTUNITIES IN A GLOBALIZING ECONOMY

Table of Contents

Introduction

Acknowledgement

References

CHAPTER ONE

The PIE-Framework: Politics - Institutions - Economy

The Political-Institutional Circle

The Openness Circle

Catch-Up Circle

Conclusion

CHAPTER TWO

The Pattern of FDI Flows to China

Main Determinants of FDI in China

Liberalization and Preferential Policies

Hainan Case

Cultural and Political Environment

The Impact of FDI on the Chinese Economy

CHAPTER THREE

The Chinese System of Innovation

CHAPTER FOUR

Literature Review

Methodology and Delimitation

On Subsidiaries in China

The Coatings Industry

The Three Cases

CHAPTER FIVE

CHAPTER SIX

Patterns and Rationale of Chinese Direct Investment

Conclusions

CHAPTER SEVEN

Southeast Asian Ethnic Chinese and the Impact of Mainland Chinese Capital

On the Relationship between Chinese Entrepreneurs and the Impact of Mainland Chinese Capital

Two Southeast Asian Case Studies

The China Factor and the Constraints of the Local

CHAPTER EIGHT

Forecasting the China-Outbound Tourist Market

Contextual Constraints on the China Outbound Market

Danish Responses to Chinese Outbound Tourism Market

Discussions

About the Authors.

Notes:

Bibliographic Level Mode of Issuance: Monograph

Includes bibliographical references.

ISBN:

87-630-9949-7

OCLC:

769016308