IDEAS home Printed from https://ideas.repec.org/a/mes/chinec/v42y2009i6p81-96.html
   My bibliography  Save this article

Rise of Chinese Multinational Firms

Author

Listed:
  • Kevin Honglin Zhang

Abstract

Since 2003, China has been one of the most significant sources of outward foreign direct investment (FDI) in the world. How did this happen? What are the features of Chinese outward direct investment (ODI)? Are they different from developed-country FDI? Why do Chinese firms go multinational? What competitive advantages do Chinese firms have in going multinational? The Chinese ODI boom is a result of China's rapid economic growth and its "going-global" strategy. Chinese multinational firms are similar to those in developed countries in many respects, but differ largely in ownership structure. Their competitive advantages are derived mainly from China's institutional organization and efficient management in the production process. Four motivations of Chinese ODI are: to maintain and expand international markets, to secure a supply of key resources, to obtain firm assets from advanced economies, and to seek overseas opportunities with an international vision.

Suggested Citation

  • Kevin Honglin Zhang, 2009. "Rise of Chinese Multinational Firms," Chinese Economy, Taylor & Francis Journals, vol. 42(6), pages 81-96, November.
    • Handle: RePEc:mes:chinec:v:42:y:2009:i:6:p:81-96
    as

    Download full text from publisher

    File URL: http://mesharpe.metapress.com/link.asp?target=contribution&id=TH70864904440208
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. ZhongXiang Zhang, 2012. "Climate Change Meets Trade in Promoting Green Growth: Potential Conflicts and Synergies," Chapters, in: Chin Hee Hahn & Sang-Hyop Lee & Kyoung-Soo Yoon (ed.), Responding to Climate Change, chapter 6, Edward Elgar Publishing.
    2. Zheng, Nan & Wei, Yingqi & Zhang, Yabin & Yang, Jingjing, 2016. "In search of strategic assets through cross-border merger and acquisitions: Evidence from Chinese multinational enterprises in developed economies," International Business Review, Elsevier, vol. 25(1), pages 177-186.
    3. Zhaoxin Dai & Yunfeng Hu & Guanhua Zhao, 2017. "The Suitability of Different Nighttime Light Data for GDP Estimation at Different Spatial Scales and Regional Levels," Sustainability, MDPI, vol. 9(2), pages 1-15, February.
    4. Wei, Yingqi & Zheng, Nan & Liu, Xiaohui & Lu, Jiangyong, 2014. "Expanding to outward foreign direct investment or not? A multi-dimensional analysis of entry mode transformation of Chinese private exporting firms," International Business Review, Elsevier, vol. 23(2), pages 356-370.
    5. Zhang, Kevin H., 2021. "How does South-South FDI affect host economies? Evidence from China-Africa in 2003–2018," International Review of Economics & Finance, Elsevier, vol. 75(C), pages 690-703.
    6. Yan Chen & Ruirui Zhai & Kevin H. Zhang, 2020. "Natural Resources and Foreign Direct Investment in Africa: Evidence from Chinese Firms," Sustainability, MDPI, vol. 12(22), pages 1-18, November.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mes:chinec:v:42:y:2009:i:6:p:81-96. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MCES20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.