China Goes Global_ How China’s Overseas Investment is Transforming its Business Enterprises

Description

Contents
List of Figures ix
List of Tables x
Foreword: Upgrading Chinese Business Enterprise Globalization xi
Yutong Long
Acknowledgments xv
About the Authors xvi
1 Scholarly Context of This Book 1
The secondary literature on Chinese outbound investment
and this book 2
Unique features of this study of Chinese foreign direct
investment 8
Plan of this book 10
2 Overview of Chinese Enterprise Globalization 11
Background 11
The present situation and features of global FDI 20
Current situation and characteristics of Chinese enterprise
globalization 24
Problems in the globalization of Chinese enterprises 42
Suggestions for promoting the globalization of
Chinese enterprises 48
Conclusion 54
3 Ten Strategies for Chinese Companies Going Global 56
Introduction 56
Analysis of environmental factors 56
Ten strategies for Chinese companies going global 58
Summary 69
4 Evaluation System and Rankings 70
Theoretical research on evaluating globalization of
Chinese enterprises 71
Evaluation system for Chinese enterprises’ globalization 75
Weighting of each factor 79
Conclusion 82
viii Contents
5 CCG Recommended Rankings on Chinese Companies
Going Global 84
Top 50 list of Chinese firms going global: established
globalizing companies 84
China’s top 10 globalization performances (2012–2013) 93
Top 10 cross-border M&A by Chinese enterprises 94
Top 50 overseas-listed Chinese companies (2013–2014) 97
Chinese top 50 new globalizing enterprises 103
Top globalizing Chinese enterprises: overall summary and trends 109
Case studies of Chinese top 50 new globalizing enterprises 115
Appendix: M&A activity among the top 10 Chinese firms
undertaking transnational M&A 137
6 “Going Global Strategy” and Global Talent 144
The current situation and problems for Chinese enterprises
in “going global” 144
Situation and causes for the global talent shortage
affecting Chinese enterprises investing abroad 145
Insufficient understanding of the role of global talent in
transnational business operations 147
Advice on how to train and introduce global talent 149
7 Challenges and Strategies of “Going Global” 153
Challenges faced by main Chinese ODI and possible
measures for overcoming them 153
Challenges faced by the Chinese ODI and measures for
overcoming them: a regional perspective 157
Other challenges and countermeasures in Chinese
overseas M&A 163
8 One Belt, One Road and Future Directions for Chinese
Outbound Investment 172
“One Belt, One Road” and China’s growing role in
global economic governance 172
Impact on Chinese outbound investment 177
Risks and countermeasures 182
Appendices: Statistical Overview and Analysis of Chinese
Outbound Foreign Direct Investment 187
China Enterprise Foreign Investment Cases (2012.1–2014.6) 194
Notes 312
Index 327