This book assesses Chinese acquisitions in developed countries, evaluates the drivers and opportunities and, above all, explores the major operational challenges. It discusses topics such as cross-cultural issues, integration strategies, risk and resilience, the influence of emerging technologies, servitization, impacts on reshoring, corporate social responsibility, branding strategies, knowledge management, and transfer of best practices. While emerging market multinational corporations’ (EMNCs) use of mergers and acquisitions as a strategic vehicle has received considerable attention, much less is known about their post-entry activities, such as the implementation of post-acquisition and integration strategies. It can be expected that, compared with their Western counterparts, EMNCs will face radically different challenges that may undermine the success of their products, brands and marketing. Addressing these issues by means of a case study approach, this book is an ideal teaching resource for a variety of courses at both undergraduate and postgraduate level. It also appeals to academics, researchers, and practitioners with a keen interest in manufacturing industry.

Discusses cross-border mergers and acquisitions (M & A) by Chinese companies, mainly to clarify their strategies and the effect of their M & A at an international level. This book is suitable for multinational enterprise managers, brokers, dealers and investors.

With an emphasis on global advantage, the text offers a comprehensive examination of regional and international issues to provide a complete, accurate and up-to-date explanation of the strategic management process. New coverage on environmental concerns and emerging technologies as well as examples and cases from Australia, New Zealand and Asia-Pacific serve to engage students while updated international content demonstrates how strategic management is used in the global economy. The text takes a 'resource-based' approach, which requires the examining of a firm's unique bundling of its internal resources. This text is appropriate for upper-level undergrad, usually third year; post grad in Masters courses.

This multi-volume set focuses on a key region of the world which contains four of the biggest emerging economies, a large number of highly dynamic small- and medium-sized emerging economies, and one of the leading advanced industrial countries. It is a region which contains some of the biggest hydrocarbon and mineral deposits in the world, and some of the most energy- and metal-hungry economies in the world. With half the world's population, it is one of the most dynamic regions of the globe in terms of population movement, providing a key focus of foreign investment, both inwards and outwards, with a high degree of technological dynamism. The region plays a central role in the industrial supply networks of the globe.In four volumes, focusing on, respectively, foreign investment, innovation, energy and migration, the set focuses on each of the main elements in the production system in turn — capital, innovation, raw materials and labour. Volume 1 studies patterns of interchange of financial and direct investment within the region, focusing on governance, the development of supply chains, and technology transfer. In Volume 2, the technology theme becomes dominant, with a special focus on digital technology. It includes technical issues like mobile communications standardisation, developmental dimensions, including the role of clusters and science parks, and political economy issues like the rise of techno-nationalism. Volume 3 turns to energy issues — not just issues of supply and demand, but also key problems of climate change, security and sustainability across the Eurasian and Asian landmass. Volume 4 presents the human dimension, looking at people in movement, as workers, citizens, men, women, or colonisers. Among the key issues discussed are the migration from country to town in China, the ‘greying’ of countries like Japan, the effect of war on migration, marriage migration, human trafficking and the depopulation of the Russian Far East.The set is a must-have for anyone keen to understand the region whose manufacturing core can be described, without exaggeration, as the ‘workshop of the world’ of the twenty-first century.

This book investigates cross-border mergers and acquisitions (M&A) conducted by Chinese enterprises seeking to evaluate the pivotal factors that influence the results of this dominant form of China’s outbound direct investment. In contrast to previous studies, the author places a particular focus on the provenance of the supply side as a determinant of overseas M&A, comparing acquisitions where target companies originate from developed and developing countries. Other major indices identified include cultural and industrial differences between targets and buyers, enterprise ownership, deal payment forms, types of consolidation and the market environment. Based on investment theories, quantitative analyses and several in-depth case studies, the book elucidates how these factors synergistically determine the success or failure of an acquisition attempt and the short- and long-term performance of Chinese companies’ M&A undertakings. This work will be a practical reference for M&A practitioners as well as academics interested in transnational corporations and mergers, capital market and international investment.

The Science and Technology policy changes in post-Mao China cannot be complete without a historical narrative and analysis of Science and Technology in its pre-policy (prior to 1850) and policy (since 1850 when the Qing rulers began to promote Science and Technology ) periods. This book is an imperative to revisit and interrogate the nature and scope of Chinese Science and Technology policy and progress. The text is divided into three parts. The first part considers both the macro and micro issues pertaining to Science and Technology policy in general and also of the policiy in particular. The second part highlights the historical narrative of Chinese Science and Technology policy as it has a key role in the evolution of contemporary Science and Technology architecture. The third part discusses three focal components of the Chinese Science and Technology system each representing state, society and international systems - the organizational structure representing the state; the research system representing society; and technology acquisition representing the international system with serious implications for China.

Comprised of chapters that explore the impact of the global crisis on emerging economies and firms and their response to it. The ways in which the leading emerging economies of Brazil, Russia, India and China are dealing with the challenges of the crisis are complemented by the methods applied by countries and firms in Central and Eastern Europe.

This book explores the great transition of China from a subsistence agrarian economy to a technologically driven economic powerhouse which reflects the achievements of the hardworking Chinese people. China continues to grow as the second largest economy of the world from 2010 onwards. It is going to be the largest economy in the world by putting US economy behind. The Chinese GDP has increased of 1,500 times from 1952. This book examines the transformation of China and its economic growth is neither miraculous nor a product of market economy. Further, this book states economic development in China as a product of political pursuit shaped by the Chinese people led by the Communist Party of China from 1921 onwards. China is not only the workshop of the world today but also works as the engine of global economic growth and recovery of crisis ridden global economy. This book also shows how phenomenal Chinese economic growth and development led to the significant fall of poverty in China. This book states that the prosperous transition in China continues to show features of combined and uneven development. This is evident as China has largest billionaires, but many people still live and practice subsistence economy. However, many Chinese do not have access to clean air, water, sanitation and dignified sources of livelihoods. This book shows the social, economic and political inequalities as hindrances to deepening of democratic and egalitarian development in China. This book states that the gender gap and widening gap between urban and rural China are twin serious challenges to progressive transformations in China. The Chinese state and government are trying to implement different policies and programmes to overcome these challenges.

China’s New Silk Road initiative constitutes one of the most ambitious projects in recent decades designed to change the pattern of the global economic division of labour as well as the geostrategic balance of power. It has the potential to create a new fabric of industrial value creation that links China and East Asia via Central and South Asia with Europe, and to forge new regional and multilateral institutions that complement or compete with existing regional and global governance systems. First proposed in 2013, the new initiative is only now starting to be rolled-out, with trade relations gradually intensifying, and the first investment projects and infrastructure clusters becoming manifest. However, the full impact of the evolving new regional value chains on global goods flows, investment activity, supra-national institution building, as well as their wider international implications, remains undetermined. This book brings together leading scholars from economics, political science and area studies, who present the latest cutting-edge knowledge and the latest state-of-the-art economic and political analysis on how the new initiative is developing and likely to develop.