Is China Buying the World?

 

You are here: Economics, Finance, Busin... > Economics > International Economics 

Word Power Books

Is China Buying the World?


by Peter Nolan (Author)

 

Hardback

ISBN: 9780745660783

 

Availability:
If in stock, expected despatch immediately. Otherwise expected despatch within 5 working days.

 

Our Price: £38.25

RRP £45.00 , Save £6.75

 

0 customer(s) reviewed this product



  • Description
  • Reviews
  • Book Details
  • Contents

China has become the world's second biggest economy and its largestexporter. It possesses the world's largest foreign exchangereserves and has 29 companies in the FT 500 list of the world'slargest companies.



<p>By contrast, Chinese firms have a negligible presence in thehigh-income countries - in other words, we are inside them'but they are not yet inside us'. China's 70-odd national champion' firms are protected by the governmentthrough state ownership and other support measures. They are inindustries such as banking, metals, mining, oil, power,construction, transport, and telecommunications, which tend to makeuse of high technology products rather than produce these productsthemselves. Their growth has been based on the rapidly growing homemarket. China has been unsuccessful so far in its efforts tonurture a group of globally competitive firms with leading globaltechnologies and brands. Whether it will be successful in thefuture is an open question. <p>This balanced analysis replaces rhetoric with evidence andargument. It provides a much-needed perspective on current debatesabout China's growing power and it will contribute to aconstructive dialogue between China and the West.


 

ISBN 745660789
ISBN13 9780745660783
Publisher Polity Press
Format Hardback
Publication date 18/05/2012
Pages 120
Weight (grammes) 330
Published in United Kingdom
Height (mm) 215
Width (mm) 147

<
p>
List of Tables vii <
p>
Acknowledgements ix <
p>
Introduction 1 <
p>
1 Who are We? Who are They? 11 <
p>
2 Who are We? 15 <
p>
2.1 Globalization and industrial concentration 15 <
p>
2.2 Evidence from automobiles and beverages 25 <
p>
2.3 Globalization and 'going out' by global firms 38 <
p>
3 Who are They? 55 <
p>
3.1 China catches up 55 <
p>
3.2 China is still far from 'catching up' 66 <
p>
3.3 China's deepening relationship with developing countries 70 <
p>
3.4 Oil companies and energy security 75 <
p>
3.5 Multinational companies 'going in' to China 84 <
p>
3.6 Chinese fi rms 'going out' of China into the high-income economies: 'I have you within me but you do not have me within you' 95 <
p>
3.7 Constraints on China 'buying the world' 102 <
p>
4 The Complexity of 'Us' and 'Them': The Case of Strategic Industries 110 <
p>
4.1 Banks 110 <
p>
4.2 Commercial aircraft 119 <
p>
Conclusion 132 <
p>
Is China buying the world? 132 <
p>
Who are we? 133 <
p>
Who are they? 136 <
p>
The complexity of catching up 142 <
p>
References 144