Focuses on the recent surge of foreign and Taiwan investment to mainland China's coastal provinces. The 15 papers presented in this text provide data on the emerging pattern of East Asian investments in China and an understanding of the mistakes of early investors.

This volume represents the first substantive study of emerging multinationals (MNEs) from Asian economies, drawing on the unique experiences of South Korea and Taiwan. Combining an econometric investigation with detailed case studies of leading Korean and Taiwanese electronics companies, it aims to demystify the nature and theoretical implications of these dynamic economic regions. The author argues that many of these `new multinationals do not possess the characteristics typically ascribed to MNEs, such as technological leadership, strong marketing positions or advanced managerial capabilities. This is highlighted by documentation of recent developments in outward investment from Korea and Taiwan at both micro and macro level. The implications of the recent Asian crisis for the internationaliztion of Korean and Taiwanese firms are also explored.

This book provides an analysis of the processes of micro-regionalization in East Asia within the broader context of globalization and regionalization. The author examines the specifics of corporation production and investment networks that link parts of Japan, Taiwan and China with a detailed case-study focusing on the electronics industry. Making a significant contribution to the research on regionalism and multi-level governance in East Asia, this book will appeal to those interested in international political economy and Asian studies.

"Scholars and researchers interested in the fields of FDI and Multinational Enterprise (MNE) analysis, economic development and the Chinese economy will all find this book of great interest. Policymakers will also find much to engage them within this book."--BOOK JACKET.

Eighteen papers from a June 1996 conference on China and the Asian Pacific Economy held in Brisbane, Australia--presented here in revised form--consider the possible future roles of the Chinese economy in the Asia Pacific region. The contributions place the Chinese economy in the context of the Asia Pacific Economic Cooperation (APEC) process, and propose that the integration of the economies of China, Hong Kong, and Taiwan (the so-called Greater China phenomenon) has resulted in a Chinese emphasis on the northern part of APEC. Annotation copyrighted by Book News, Inc., Portland, OR

As the British relinquish control of Hong Kong, the economic relationship among the People's Republic of China (PRC), Taiwan, and Hong Kong becomes especially significant. Despite political and diplomatic tensions, this relationship has grown phenomenally in recent years and continues to prosper. Known as the "China Circle," it is an important emerging economic region that cuts across political boundaries. This book is the first comprehensive study of the underlying economic dynamics that make the China Circle not only possible, but hugely successful. Yun-wing Sung, Barry Naughton, and Kong Yam Tan analyze the macroeconomic issues in each of the political entities that make up the China Circle. Michael Borrus, Chin Chung, Jean François Huchet, and Dieter Ernst focus one of the region's leading industries, electronics. With rapid changes in technology, firm strategy, and global markets driving its continuous restructuring, the electronics industry offers a detailed view of the factors that are shaping the region as a whole. To provide a complete economic picture of the China Circle today—and possible future developments—the contributors explore key issues including emerging divisions of labor, developing trade and investment patterns, and the effect of Hong Kong's return to China in July 1997. Written in an open and accessible style, the book is especially timely and more in-depth than anything currently available.

As do other mighty forces such as wars, nationalist aspirations, and the shifting courses of great rivers, globalization changes the world's borders by bending them out of shape and creating new transnational spaces. State political boundaries no longer draw the definitive line in people's lives they once did. Borders continue to contain self-described national populations and national activities, but the penetration of economic globalization via growing cross-border trade, investment, and resurgence of myriad regional ethnic groups is pushing and stretching the limits of borders into both interactive spaces and contested terrains. Indeed, new power centers with their own identities are springing out of once politically trivial and economically marginal landscapes. While the terrorist attacks of 2001 and the SARS outbreak of 2003 prompted states to tighten border controls, their efforts amount to only a temporary reversal of a powerful long-term trend toward more open borders and the interactive transnational spaces that openness fosters. This innovative book examines the complexities of de-bordering and re-bordering through a structured comparison of seven transborder subregions along the western Pacific Rim and an extended comparative analysis of the U.S.-Mexico border and several European border regions. Xiangming Chen offers a synthetic explanation for the complex and diverse processes and outcomes of economic growth, social transformation, infrastructure development, and urban landscapes in the new transnational spaces around the porous and mutated borders on the Pacific Rim and beyond.

Chinese business firms and their networks of personal and business relationships, are becoming increasingly important players in the global economy. This book examines the global and regional operations of Chinese business firms and considers their implications for the management and organisation of these firms, aided by specific case studies. Written by leading researchers in this field, The Globalisation of Chinese Business Firms is a valuable and timely contribution to the study of Asian business systems.

Given the dominance of the Chinese state in so many aspects of society, this collection considers factors such as urbanization, the marginalization of social groups, the emergence of the business elites and the dissent of internet users, to resituate understanding of the social challenges facing China.

One of the core assumptions of recent American foreign policy is that China's post-1978 policy of "reform and openness" will lead to political liberalization. This book challenges that assumption and the general relationship between economic liberalization and democratization. Moreover, it analyzes the effect of foreign direct investment (FDI) liberalization on Chinese labor politics. Market reforms and increased integration with the global economy have brought about unprecedented economic growth and social change in China during the last quarter of a century. Contagious Capitalism contends that FDI liberalization played several roles in the process of China's reforms. First, it placed competitive pressure on the state sector to produce more efficiently, thus necessitating new labor practices. Second, it allowed difficult and politically sensitive labor reforms to be extended to other parts of the economy. Third, it caused a reformulation of one of the key ideological debates of reforming socialism: the relative importance of public industry. China's growing integration with the global economy through FDI led to a new focus of debate--away from the public vs. private industry dichotomy and toward a nationalist concern for the fate of Chinese industry. In comparing China with other Eastern European and Asian economies, two important considerations come into play, the book argues: China's pattern of ownership diversification and China's mode of integration into the global economy. This book relates these two factors to the success of economic change without political liberalization and addresses the way FDI liberalization has affected relations between workers and the ruling Communist Party. Its conclusion: reform and openness in this context resulted in a strengthened Chinese state, a weakened civil society (especially labor), and a delay in political liberalization.