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Racing with the Chinese Dragons

In: China Rules

Author

Listed:
  • Peter J. Williamson
  • Eden Yin

Abstract

Chinese companies have begun to “go global.” High profile examples include Lenovo’s US $1.75 billion takeover of IBM personal computer business in 2004; Huawei, which has implemented its telecommunications network equipment solutions in over 100 countries, maintains a network of 12 R&D centers around the world; and appliance maker Haier, whose brand ranked 86th in the top 500 most influential global brands (World Brand Laboratory, 2006). Less widely recognized, however, is the fact that scores of other, little-known Chinese companies have begun to carve out significant (and sometimes even dominant) global market shares in numerous industries as diverse as port machinery, medical equipment, and pianos (Zeng & Williamson, 2007, p. 19). This evidence suggests Chinese companies have the potential to powerfully reshape global competition.

Suggested Citation

  • Peter J. Williamson & Eden Yin, 2009. "Racing with the Chinese Dragons," Palgrave Macmillan Books, in: Ilan Alon & Julian Chang & Marc Fetscherin & Christoph Lattemann & John R. McIntyre (ed.), China Rules, chapter 3, pages 69-100, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-27418-1_4
    DOI: 10.1057/9780230274181_4
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    Cited by:

    1. repec:bfv:journl:002 is not listed on IDEAS
    2. Wan, Feng & Williamson, Peter & Pandit, Naresh R., 2020. "MNE liability of foreignness versus local firm-specific advantages: The case of the Chinese management software industry," International Business Review, Elsevier, vol. 29(1).
    3. Wan, Feng & Williamson, Peter & Yin, Eden, 2019. "Enabling cost innovation by non-traditional organizational processes: The case of Chinese firms," Technological Forecasting and Social Change, Elsevier, vol. 139(C), pages 352-361.

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