Introduction — China, Multinationals and the Global Economy

Si Zhang and Robert Pearce

Chapter 1 in Multinationals in China, 2012, pp 1-22 from Palgrave Macmillan

Abstract: Abstract In this study we draw together, and evaluate the implications of, two crucial economic phenomena of recent decades. Both of these phenomena, we can argue, reflect, but also influence the form of, the processes of globalisation and an increasingly open and interdependent international economy. The first of these phenomena is the massive and sustained growth of the Chinese economy, and the role in this of successful exporting and increasing openness to foreign direct investment (FDI). The second phenomenon is then the general rise of FDI and, crucially, the ways that this, occurring within the increased freedoms of international transfers facilitated by globalisation, has involved major strategic reconfiguration of multinational enterprises’ (MNEs) approaches to global competition.

Keywords: Foreign Direct Investment; Pearl River Delta; Yangtze River Delta; Chinese Economy; Chinese Market (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-36542-1_1

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DOI: 10.1057/9780230365421_1

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