The Internationalisation of Chinese Firms: Growth, Motivations and Strategies

Xavier Richet ()
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Xavier Richet: University Sorbonne nouvelle

Chapter 3 in Strategies of Multinational Corporations and Social Regulations, 2014, pp 37-54 from Springer

Abstract: Abstract Globalisation has led to a new phenomenon which attracts the attention of scholars, namely the internationalisation of firms from emerging countries such as China. These firms are still limited in number and the volume of capital invested. But they are entering different markets in the North and the South, in search for production factors (material resources, technology and human capital), as well as sales outlets. The accumulation of financial resources, along with technical and managerial know-how through industrial cooperation with foreign companies operating in these emerging countries and the spin-offs this creates, all favour the investment in greenfield sites, as well as the acquisition abroad of assets that are sometimes prestigious (see for example the purchase of Volvo by the Chinese car producer Geely).

Keywords: Industrial Policy; Domestic Firm; Chinese Firm; Strategic Asset; Sovereign Wealth Fund (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-41369-8_3

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DOI: 10.1007/978-3-642-41369-8_3

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