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Introduction — China, Multinationals and the Global Economy

In: Multinationals in China

Author

Listed:
  • Si Zhang
  • Robert Pearce

Abstract

In this study we draw together, and evaluate the implications of, two crucial economic phenomena of recent decades. Both of these phenomena, we can argue, reflect, but also influence the form of, the processes of globalisation and an increasingly open and interdependent international economy. The first of these phenomena is the massive and sustained growth of the Chinese economy, and the role in this of successful exporting and increasing openness to foreign direct investment (FDI). The second phenomenon is then the general rise of FDI and, crucially, the ways that this, occurring within the increased freedoms of international transfers facilitated by globalisation, has involved major strategic reconfiguration of multinational enterprises’ (MNEs) approaches to global competition.

Suggested Citation

  • Si Zhang & Robert Pearce, 2012. "Introduction — China, Multinationals and the Global Economy," Palgrave Macmillan Books, in: Multinationals in China, chapter 1, pages 1-22, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-36542-1_1
    DOI: 10.1057/9780230365421_1
    as

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