Chinese Acquisitions in Developed Countries

Chinese Acquisitions in Developed Countries PDF

Author: Alessandra Vecchi

Publisher: Springer

Published: 2018-12-15

Total Pages: 111

ISBN-13: 3030042510

DOWNLOAD EBOOK →

This book assesses Chinese acquisitions in developed countries, evaluates the drivers and opportunities and, above all, explores the major operational challenges. It discusses topics such as cross-cultural issues, integration strategies, risk and resilience, the influence of emerging technologies, servitization, impacts on reshoring, corporate social responsibility, branding strategies, knowledge management, and transfer of best practices. While emerging market multinational corporations’ (EMNCs) use of mergers and acquisitions as a strategic vehicle has received considerable attention, much less is known about their post-entry activities, such as the implementation of post-acquisition and integration strategies. It can be expected that, compared with their Western counterparts, EMNCs will face radically different challenges that may undermine the success of their products, brands and marketing. Addressing these issues by means of a case study approach, this book is an ideal teaching resource for a variety of courses at both undergraduate and postgraduate level. It also appeals to academics, researchers, and practitioners with a keen interest in manufacturing industry.

Chinese Investment in Latin America: Sectoral Complementarity and the Impact of China’s Rebalancing

Chinese Investment in Latin America: Sectoral Complementarity and the Impact of China’s Rebalancing PDF

Author: Ding Ding

Publisher: International Monetary Fund

Published: 2021-06-07

Total Pages: 32

ISBN-13: 1513573349

DOWNLOAD EBOOK →

Over the last decade China’s investment in Latin America and the Caribbean (LAC) has increased substantially in volume and become more diversified from natural resources to other industries. Using cross-border mergers and acquisitions data, we demonstrate that since mid-2010s China’s overseas investment has tilted toward sectors where China has a comparative advantage in the global markets, a trend similar to that of other major foreign direct investment (FDI) source countries. Moreover, China’s rising overseas investment can be linked to the rebalancing of Chinese economy, and LAC stands to benefit from its complementarity vis-à-vis China in sectors where the rising Chinese overseas investment can be met with LAC’s own investment gaps. The COVID-19 pandemic could have a long-lasting impact on global value chains and FDI flows, which poses both challenges and opportunities to LAC in attracting FDI, including from China, to support the region’s long-run economic development.

Internationalisation of Chinese Enterprises

Internationalisation of Chinese Enterprises PDF

Author: Jia Zongda

Publisher: Taylor & Francis

Published: 2021-05-30

Total Pages: 195

ISBN-13: 1000390411

DOWNLOAD EBOOK →

This book investigates cross-border mergers and acquisitions (M&A) conducted by Chinese enterprises seeking to evaluate the pivotal factors that influence the results of this dominant form of China’s outbound direct investment. In contrast to previous studies, the author places a particular focus on the provenance of the supply side as a determinant of overseas M&A, comparing acquisitions where target companies originate from developed and developing countries. Other major indices identified include cultural and industrial differences between targets and buyers, enterprise ownership, deal payment forms, types of consolidation and the market environment. Based on investment theories, quantitative analyses and several in-depth case studies, the book elucidates how these factors synergistically determine the success or failure of an acquisition attempt and the short- and long-term performance of Chinese companies’ M&A undertakings. This work will be a practical reference for M&A practitioners as well as academics interested in transnational corporations and mergers, capital market and international investment.

Internationalisation of Chinese Enterprises

Internationalisation of Chinese Enterprises PDF

Author: Jia Zongda

Publisher: Routledge

Published: 2021

Total Pages: 180

ISBN-13: 9781003174837

DOWNLOAD EBOOK →

"This book investigates cross-border mergers and acquisitions (M&A) conducted by Chinese enterprises, seeking to evaluate the pivotal factors that influence the results of this dominant form of China's outbound direct investment. In contrast to previous studies, the author lays particular stress on the provenance of the supply side as a determinant of overseas M&A, comparing acquisitions where target companies originate from developed countries and those from developing countries. Other major indices identified include cultural and industrial differences between targets and buyers, enterprise ownership, deal payment forms, types of consolidation and the market environment. Based on investment theories, quantitative analyses and several in-depth case studies, the book elucidates how these factors synergistically determine the success or failure of an acquisition attempt and the short- and long-term performance of Chinese companies' M&A undertakings. This work will be a practical reference for M&A practitioners as well as academics interested in transnational corporations and mergers, capital market and international investment"--

The Globalization of Chinese Companies

The Globalization of Chinese Companies PDF

Author: Arthur Yeung

Publisher: John Wiley & Sons

Published: 2011-06-01

Total Pages: 202

ISBN-13: 0470828811

DOWNLOAD EBOOK →

China business experts analyze the next wave of Chinese corporate giants as they emerge into the global marketplace The rise of China and its major corporations will be a key economic development in this century. Even as leading Chinese firms show their muscle through ambitious acquisitions of firms like Thinkpad and RCA, many western investors and business leaders know little or nothing about them. This book looks at the rise of Chinese firms, who they are, how they'll change the global competitive landscape, their strengths and weaknesses, and how established western firms might meet the challenges and opportunities this trend presents. Throughout the book, the authors examine and highlight the major differences between Chinese and western firms, particularly differences related to corporate leadership and organizational structure, how and why they choose M&A targets, global workforces, and political issues like unionization. A comprehensive, expert examination of emerging Chinese global corporations and how they will affect the global economy Ideal for investors and executives of western companies Written by a team of top China business experts and curated by the editor of the Chinese edition of the Harvard Business Review For anyone who wants to understand the future of Chinese companies and the opportunities and challenges their global emergence will present, The Globalization of Chinese Companies offers comprehensive, expert insight.

China’s Expanding Role in Global Mergers and Acquisitions Markets

China’s Expanding Role in Global Mergers and Acquisitions Markets PDF

Author: Charles Wolf, Jr.

Publisher: RAND Corporation

Published: 2011-11-22

Total Pages: 68

ISBN-13: 9780833059680

DOWNLOAD EBOOK →

The authors evaluate the risks and benefits of increased Chinese foreign investment, aiming to improve understanding of its investment patterns and strategy. They consider how U.S. national security might be compromised as well as how the United States and China can benefit from such investment, providing a way to assess national security risks and benefits and examining Chinese investment patterns in both the United States and elsewhere.

Chinese Multinationals

Chinese Multinationals PDF

Author: Jean-Paul Lar‡on

Publisher: World Scientific

Published: 2009

Total Pages: 300

ISBN-13: 9812835008

DOWNLOAD EBOOK →

Examines the rise of Chinese companies in international markets. This book provides an overview of the strategies of Chinese multinationals in terms of international marketing and branding, M&As and international joint ventures, management of technology, organization and human resource management.

Mergers and Acquisitions in China (with Special Focus on the Financial Industry)

Mergers and Acquisitions in China (with Special Focus on the Financial Industry) PDF

Author: Hannes Mungenast

Publisher: GRIN Verlag

Published: 2007-08

Total Pages: 64

ISBN-13: 3638674053

DOWNLOAD EBOOK →

Seminar paper from the year 2007 in the subject South Asian Studies, South-Eastern Asian Studies, grade: 87, Dongbei University of Finance and Economics (School of International Business), course: Chinese Financial System, 31 entries in the bibliography, language: English, abstract: China is a fast growing economy. Therefore a lot of companies intend to enter this market. Mergers & Acquisitions (M&A) are a useful tool to do so. First of all, it is important to understand the key principles of M&A. Therefore chapter 2 gives a summary of the most important aspects of mergers and acquisitions in general. Chapter 3 gives an introduction to the Chinese M&A market. It will deal with statistics concerning inbound and outbound deals, FDI and an overview of M&A advisory and investment banks. Chapter 4 will focus on the current situation of M&A activity and foreign direct investment (FDI) in China. FDI is another method for entering a market and is a competing tool to M&A. It will also present some examples of M&A where Chinese companies were involved. Chapter 5 deals with the importance of the stock market for M&A activity. After that, the most important aspects of M&A activities in the Chinese financial industry will be shown. First, an overview of the banking industry in China will be presented and the problems will be shown. After presenting the reasons for foreign companies to enter the Chinese financial market, the M&A activities in that sector will be shown and evaluated.

Chinese Firms, Global Firms

Chinese Firms, Global Firms PDF

Author: Peter Nolan

Publisher: Routledge

Published: 2014-04-11

Total Pages: 200

ISBN-13: 1317964527

DOWNLOAD EBOOK →

China has achieved remarkable, sustained economic growth under the policies of ‘reform and opening up’ put into place since the late 1970s. China’s industrial policies have nurtured a large group of firms with high profits and a high market capitalisation. However, few people in the West can name a single Chinese firm. During the modern era of capitalist globalisation firms from the high income countries have spread their business systems across the world. This has presented a profound challenge for industrial policy in developing countries, including even China, the world’s second largest economy. China is unique among large latecomer developing countries in having reached the position of being a huge, fast-growing economy, with a tremendous impact on the rest of the world, but lacking a substantial group of globally competitive firms. This volume explores this paradox. Fully understanding the industrial policy challenge that the era of capitalist globalisation has produced for China is essential for harmonious international relations.