In the rapid growth of the Chinese economy as the "world's factory and market", while this process has been supported by foreign companies, local Chinese companies have also emerged in the brief span of about 10 years to become major players. This is an extremely rare case in the world history and recently even among the BRICs and the NIEs. One cannot help but wonder what strategic positions foreign firms have adopted to cope with the extraordinary, fierce challenges they have had to face from local Chinese firms. A workshop discussed and illuminated the corporate activities and competitive and cooperative strategies of both Chinese and foreign firms from the perspective of Japanese, European, US and Asian firms.
A structural overview of the new field of management geography including globalization, embeddedness of MNEs, networking, hybridization, regional economies, technology, acculturation, internationalization, IHRM and implications for management and government.
Global Political Economy offers a comprehensive introduction to the field by combining theory, history, and contemporary issues and debates. The authos, who are all leading international experts, introduce readers to the diversity of perspectives in GPE through chapters that combine careful analysis with detailed empirical material. New to this edition: A rewritten chapter on the Global Trade Regime by Professor Ann Capling and Dr Silke Trommer. Increased coverage of the rise of new actors, especially the BRICs, and the role of developing economies in global governance. -- from back cover.
As China evolves, so does the global marketplace—all the way down to the consumer The End of Cheap China is a detailed look at the rise of China, and how it will affect the global marketplace. A thorough exploration of the changes taking place in the Chinese economy, the book explains how much of the Western consumerist culture is built on the back of cheap Chinese factory labor, and warns that the era is coming to a close. Readers will learn why the cheap labor pool is beginning to dry up, what that means for the rest of the world, and how businesses will have to adapt to stay afloat. This updated second edition includes new statistics, the latest news on the Chinese economy, and additional case studies that illustrate the ways in which China has developed—into a brand-new potential market. China's social, political, and economic evolution will affect the entire world. Rising incomes are building pressure on the global commodities market, inflation is only just beginning, and consumers are experiencing sticker shock as cheap labor is becoming harder to find. The End of Cheap China explains the factors driving these changes, the impact that can be expected, and the opportunities that constitute a major silver lining for businesses panicking about the coming paradigm shift. Readers will: Discover the eight mega-trends changing China, and how far the ripples will spread Learn how rising costs in China will dramatically affect the American way of life Examine the rise of Chinese consumption, and the friction it engenders Consider the changes businesses must make to remain profitable in a changing world The global marketplace is evolving, and it's up to businesses to keep pace with the changes. The End of Cheap China provides a roadmap for navigating these changes, helping businesses lead the charge toward a more affluent global economy.
Explores the Latin American economy and management through the study of Japanese companies in countries such as Argentina, Brazil, and Mexico. Based on detailed case studies, this volume offers a bird's eye view of foreign investments in Latin America.
This volume chronicles the maturation of the South Korean auto industry and its native automakers, from the 1997 Asian Crisis to 2019. After examining the context for domestic vehicle production in South Korea, the author presents multiple case studies for all five Korean automakers: General Motors Korea/Daewoo Motors, Kia, Hyundai, Ssangyong and Renault Samsung. This includes coverage of Hyundai-Kia’s foreign plants in North America, Europe, India, China, and Emerging Asia. The book closes by assessing the five-to-ten-year future outlooks for Korean automakers at home and abroad. This important work will prove informative to scholars of business, management, automotive history, international development, Asian studies, and public administration.
This book examines the global corporate strategy of Japanese multi-national enterprises (MNEs) and analyses their position in today’s business environment. Focusing in particular upon Indonesia, Kenya, Nigeria, South Africa, Sri Lanka and Vietnam, Japanese Global Strategy presents nine empirical case studies on companies including Denso, Furukawa Electric and Yamaha Motor. Based on questionnaires and interviews with senior managers, this book applies the hybrid theories of application and adaptation to each company’s corporate strategy. By delving into the historical reasons behind investing in strategy, the author asserts that MNEs should be a priory for Asian markets, making this an invaluable read for anyone researching international business and Asian business more specifically.
The Japanese management style is unique compared with those in the U.S. and Europe as is the overseas operation for Japanese companies. This book demonstrates the three essences for successful overseas operations that global enterprises as well as Japanese companies possess.
What will happen when China can manufacture nearly everything that the United States and Europe can, at one-third the cost? It's a ground-shaking question and, when it comes to the West's future economic health, not everyone will want to hear the answer. The burgeoning output of China's vast low-cost factories and the swelling appetite of its 1.3 billion consumers, both of which are driven by infusions of foreign capital and technological know-how, are rapidly altering global commerce. So are China's newfound freedoms, national ambitions, and growing prestige. In CHINA INC., veteran journalist and former commodities trader, Ted Fishman, shows that economics is just where the story begins. Fishman paints a vivid picture of how the mega trends radiating out of China are shaping the day-to-day lives of people everywhere. Drawing on hundreds of interviews with Chinese, European and American workers, managers, and executives, Fishman also tells how China will force all of us to make big changes in how we think about ourselves as consumers, workers, citizens, and even as parents. The result is a richly engaging work of penetrating reportage and analysis.
Both Mao Zedong and Deng Xiaoping drastically altered the course of contemporary China's economic development using opposing strategies. Mao froze China's economic system in a perennial state of consumer goods shortages and pervasive macro disequilibria. Deng, however, began thawing a rigidly structured system by introducing experimental reform measures. Mao's revolutionary rhetoric brought China's economy to the brink of bankruptcy. Deng's ideological pragmatism netted China glowing successes. Mao closed China to the outside world. Deng engineered China's reintegration into the world economy. Dismantling a dysfunctional system and replacing it with a dynamic new one involving 1.2 billion people is risk-laden. Reform in China began in 1978. It was tentative and experimental, confining reform to organizational and administrative decentralization on farms. Successes on farms ushered in reform elsewhere in the economy. Over time, market-based coordinating mechanisms progressively began replacing the system's control devices. Results from decentralization internally reinforced those from liberalization externally. This consequently transformed China's stale, distorted system into a more competitive, bustling new one ready for developmental takeoff. Its meteoric rise among the world's leading markets in recent years has thrust China's economy to the forefront of growth and development. Controlled, phased reform is yielding dividends, not only for its own consumers but for international economic cooperation and growth as well.
