The Globalization of Chinese Enterprises: Trends and Characteristics

The internationalization of Chinese enterprises is one of the most notable aspects of economic globalization in the 21st century. Despite the 2008 financial crisis and weak global outbound investment, under the 'go global' initiative, Chinese outbound investment has gone from strength to strength, while also diversifying in terms of investment modalities, destinations, and industries. However, growing anti-globalization sentiment in some countries has also created new challenges for Chinese firms expanding internationally.  

Drawing on nearly 3000 data samples, using both quantitative and qualitative research methods, this book presents unique insights into the features and patterns of Chinese enterprises' globalization. The analysis provides a useful reference for enterprises that have already gone global and those that plan to. In particular, this book investigates challenges confronted by Chinese companies when doing business in foreign countries. It summarizes research covering three angles, namely: the current situation, causation analysis and corresponding solutions, and recommendations for firms, government agencies and other institutions.  

This book provides a comprehensive overview to help readers to grasp the broad picture of the international expansion of Chinese enterprises. It has important reference value for enterprises to help devise foreign investment strategy, seize opportunities, and navigate challenges in the course of globalization.

Dr. Wang Huiyao is the founder and President of the Center for China & Globalization (CCG), which is ranked as No. 1 independent think tank in China by UPenn TTCSP. Dr. Wang has published nearly 50 books and over 100 articles and papers in both Chinese and English on China outbound investment, globalization, global migration, One Belt One Road, Chinese Diasporas and Chinese think tanks. His latest publications in English are China Goes Global: the Impact of Chinese Overseas Investment on Transforming Business Enterprises (Palgrave Macmillan, 2016) and International Migration of China: Status, Policy and Social Responses to the Globalization of Migration (Springer Group, 2017). Dr. Wang pursued his graduate studies at University of Windsor, University of Western Ontario and University of Manchester, obtained his MBA and PhD degrees in international management. He was a Senior Fellow at Harvard Kennedy School and was a visiting fellow at Brookings Institution. He has taught as Adjunct Professor at Guanghua Management School of Peking University.
Dr. Miao Lv is General Secretary for CCG and the Deputy Director General of the International Writing Center of Beijing Normal University. She received her Ph.D. in contemporary Chinese studies from Beijing Normal University in 2012 and has been a visiting scholar at New York University's China House and the Fairbank Center at Harvard University. Dr. Miao is a co-author of many Chinese Social Science Academy Blue Books and Chinese Social Science Foundation's research project reports. Moreover, Dr. Miao had accomplished her books which detailed described about China outbound business and global talent in Chinese Edition. Her latest publications in English are China Goes Global: the Impact of Chinese Overseas Investment on Transforming Business Enterprises (Palgrave Macmillan, 2016) and International Migration of China: Status, Policy and Social Responses to the Globalization of Migration (Springer Group, 2017).