Artículos relacionados a Is China Buying the World?
Críticas
Peter Nolan knows more about Chinese companies and their international competition than anyone else on earth, including in China.
The Financial Times
If you want to learn about large companies, their role in the global economy and in China’s rise, there is no better guide than Peter Nolan: his analyses are factual, measured and persuasive.
Vaclav Smil, Distinguished Professor, Faculty of Environment, University of Manitoba
Is China Buying the World? is a slim and agile study of the eponymous question, which primarily seeks to debunk the growing myth of a “China Inc.” on a mission to purchase assets on a global scale.
International Affairs
This short book is more than food for the brain, it is fascinating, a snapshot of history... Everyone in business should read this book. [It] gives a stunning insight into business in China, the UK, US and beyond.
Frost Magazine
Nolan provides an important perspective that challenges popular conceptions; no volume of this size can do more.
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Reseña del editor
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. 'China's Rise' preoccupies the globalmedia, which regularly carry articles suggesting that it is usingits financial resources to 'buy the world'.
Is there any truth to this idea? Or is this just scaremongeringby Western commentators who have little interest in a balancedpresentation of China's role in the global political economy?
In this short book Peter Nolan - one of the leadinginternational experts on China and the global economy - probesbehind the media rhetoric and shows that the idea that China isbuying the world is a myth. Since the 1970s the global businessrevolution has resulted in an unprecedented degree of industrialconcentration. Giant firms from high income countries with leadingtechnologies and brands have greatly increased their investments indeveloping countries, with China at the forefront. Multinationalcompanies account for over two-thirds of China's high technologyoutput and over ninety percent of its high technology exports.Global firms are deep inside the Chinese business system and arepressing China hard to be permitted to increase their presencewithout restraints.
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.
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.
"Sobre este título" puede pertenecer a otra edición de este libro.
- EditorialPolity Press
- Año de publicación2013
- ISBN 10 0745660797
- ISBN 13 9780745660790
- EncuadernaciónTapa blanda
- Número de páginas160
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Is China Buying the World?
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Polity Press, 2013
ISBN 10: 0745660797
ISBN 13: 9780745660790
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Is China Buying the World?
Publicado por
Polity Press, 2013
ISBN 10: 0745660797
ISBN 13: 9780745660790
Antiguo o usado
Tapa blanda
Original o primera edición
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Condición: Very Good. 1st Edition. Former library book; may include library markings. Used book that is in excellent condition. May show signs of wear or have minor defects. Nº de ref. del artículo: GRP82662809
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Is China Buying the World?
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John Wiley and Sons Ltd, United Kingdom, Oxford, 2013
ISBN 10: 0745660797
ISBN 13: 9780745660790
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Paperback. Condición: Very Good. China has become the world's second biggest economy and its largest exporter. It possesses the world's largest foreign exchange reserves and has 29 companies in the FT 500 list of the world's largest companies. China's Rise' preoccupies the global media, which regularly carry articles suggesting that it is using its financial resources to buy the world'. Is there any truth to this idea? Or is this just scaremongering by Western commentators who have little interest in a balanced presentation of China's role in the global political economy? In this short book Peter Nolan - one of the leading international experts on China and the global economy - probes behind the media rhetoric and shows that the idea that China is buying the world is a myth. Since the 1970s the global business revolution has resulted in an unprecedented degree of industrial concentration. Giant firms from high income countries with leading technologies and brands have greatly increased their investments in developing countries, with China at the forefront. Multinational companies account for over two-thirds of China's high technology output and over ninety percent of its high technology exports. Global firms are deep inside the Chinese business system and are pressing China hard to be permitted to increase their presence without restraints. By contrast, Chinese firms have a negligible presence in the high-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 government through state ownership and other support measures. They are in industries such as banking, metals, mining, oil, power, construction, transport, and telecommunications, which tend to make use of high technology products rather than produce these products themselves. Their growth has been based on the rapidly growing home market. China has been unsuccessful so far in its efforts to nurture a group of globally competitive firms with leading global technologies and brands. Whether it will be successful in the future is an open question. This balanced analysis replaces rhetoric with evidence and argument. It provides a much-needed perspective on current debates about China's growing power and it will contribute to a constructive dialogue between China and the West. The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged. Nº de ref. del artículo: GOR007096899
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