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Industrial State-owned Multinationals from China: The Embryonic Years, 1985--92

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  • Michael McDermott
  • Chun Hua Huang

Abstract

China is no longer simply a host country, but is emerging as a home country to multinational enterprises (MNEs). Moreover, recently the character of outward investment from China has changed. State-owned manufacturers are investing overseas. This may seem odd given the ostensible advantages to be found in China itself. The article examines the source of competitive advantage of five of China's leading industrial MNEs and the motivations underlying the desire to venture overseas. It also explores China's corporate response to the regionalization of the global economy.

Suggested Citation

  • Michael McDermott & Chun Hua Huang, 1996. "Industrial State-owned Multinationals from China: The Embryonic Years, 1985--92," Asia Pacific Business Review, Taylor & Francis Journals, vol. 3(1), pages 1-15, September.
    • Handle: RePEc:taf:apbizr:v:3:y:1996:i:1:p:1-15
    DOI: 10.1080/13602389600000043
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    References listed on IDEAS

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    1. Louis T. Wells, 1983. "Third World Multinationals: The Rise of Foreign Investments from Developing Countries," MIT Press Books, The MIT Press, edition 1, volume 1, number 026273169x, December.
    2. Lall, Rajiv, 1986. "Third world multinationals : The characteristics of Indian firms investing abroad," Journal of Development Economics, Elsevier, vol. 20(2), pages 381-397, March.
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