Industrial State-owned Multinationals from China: The Embryonic Years, 1985--92

Michael McDermott and Chun Hua Huang

Asia Pacific Business Review, 1996, vol. 3, issue 1, 1-15

Abstract: China is no longer simply a host country, but is emerging as a home country to multinational enterprises (MNEs). Moreover, recently the character of outward investment from China has changed. State-owned manufacturers are investing overseas. This may seem odd given the ostensible advantages to be found in China itself. The article examines the source of competitive advantage of five of China's leading industrial MNEs and the motivations underlying the desire to venture overseas. It also explores China's corporate response to the regionalization of the global economy.

Date: 1996
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DOI: 10.1080/13602389600000043

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