The Challenge Of Globalization For Large Chinese Firms
As 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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- Nolan, Peter, 1996. "Large Firms and Industrial Reform in Former Planned Economies: The Case of China," Cambridge Journal of Economics, Oxford University Press, vol. 20(1), pages 1-29, January.
- Peter Nolan, 2002. "China and the global business revolution," Cambridge Journal of Economics, Oxford University Press, vol. 26(1), pages 119-137, January.