The Challenge Of Globalization For Large Chinese Firms
AbstractAs China joins the World Trade Organization, the author questions whether China’s large firms will be able to compete on the global level playing field. Over the past two decades, Chinese large enterprises have undertaken extensive evolutionary change but, at the same time, the world’s leading firms have undergone a revolutionary transformation. Based on analysis of firms with the aerospace, oil and petrochemical industry, the authors conclude that China’s leading firms face critical challenges, even in sectors in which China’s policy makers have scored significant successes.
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Bibliographic InfoPaper provided by United Nations Conference on Trade and Development in its series UNCTAD Discussion Papers with number 162.
Date of creation: 2002
Date of revision:
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-09-05 (All new papers)
- NEP-SEA-2004-09-05 (South East Asia)
- NEP-TRA-2004-09-05 (Transition Economics)
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