Chinese Dragons Disembarking in Latin America

Gastón Fornés and Alan Butt Philip
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Gastón Fornés: University of Bristol
Alan Butt Philip: University of Bath

Chapter 5 in The China-Latin America Axis, 2012, pp 83-101 from Palgrave Macmillan

Abstract: Abstract Since the start of the reforms by Deng Xiaoping in 1978 the world’s economy has witnessed two major changes about China. The first change was the opening of the economy to foreign capital, which made China one of the largest recipients of foreign direct investment in the twenty-first century and transformed the country in what is now known as ‘the factory of the world’. The second change was the international expansion of Chinese companies first into developed economies and then also into emerging markets, which is transforming China’s firms (dubbed the Chinese Dragons by many commentators) into global players.

Keywords: Foreign Direct Investment; Chinese Company; Chinese Firm; International Expansion; International Firm (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-36341-0_5

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DOI: 10.1057/9780230363410_5

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