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Las estrategias de internacionalización de las empresas chinas

Author

Listed:
  • Miguel Otero Iglesias

    (Investigador principal del real instituto Elcano y profesor del instituto de empresa)

  • Elena Vidal Muñoz

    (Banco de España)

Abstract

The aim of this paper is to analyze the variety of internationalization strategies used by Chinese firms since the onset of its process of economic liberalization until now, in a context in which China is adjusting its growth model to a new equilibrium. It is evident that the relationship between China and the rest of the world could be changing. On the one hand, the country seems to be restructuring its export profile towards a more sophisticated one, directed to innovation, and less dependent on external input. On the other hand, the important and growing exit of the Chinese multinationals is due to the will of the Chinese government to invest in those sectors in which this country is at a competitive disadvantage (raw materials, consumer goods, technology). Both strategies seek to meet a domestic development objective.

Suggested Citation

  • Miguel Otero Iglesias & Elena Vidal Muñoz, 2020. "Las estrategias de internacionalización de las empresas chinas," Occasional Papers 2015, Banco de España.
    • Handle: RePEc:bde:opaper:2015
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    File URL: https://www.bde.es/f/webbde/SES/Secciones/Publicaciones/PublicacionesSeriadas/DocumentosOcasionales/20/Fich/do2015.pdf
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    More about this item

    Keywords

    internationalisation; trade; rebalancing; investment; multinationals;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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