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2 results

  • 1 - Introduction

  • David K. Tse, The University of Hong Kong, Kineta Hung, Hong Kong Baptist University
  • Book:
    Dynamic Growth of Chinese Firms in the Global Market
    Published online:
    05 February 2020
    Print publication:
    13 February 2020, pp 1-13

  • Summary

    This chapter provides an overview of the contents and organisation of the book. It begins by tracing China’s economic reform that took place forty years ago as well as its ensuing economic growth and success that gave rise to modern Chinese firms. As firms such as Lenovo, Alibaba, Citic, and Tencent prosper in this socio-economic environment and gain prominence in the corporate world, researchers are beginning to recognise the contributions of emerging market multinational corporations. The chapter then discusses exemplary Chinese firms as game changers in international business. The chapter ends by outlining the organisation of the book, including the details on the four sections, and its targeted audience.

Dynamic Growth of Chinese Firms in the Global Market
  • Challenges, Strategies and Implications
  • David K. Tse, Kineta Hung
  • Published online:
    05 February 2020
    Print publication:
    13 February 2020
  • How have Chinese multinationals benefited from China's economic boom to enable their international expansion? This book is based on many years of original research tracing the emergence, growth and future of Chinese firms in the world economy. The authors seek to provide new perspectives and insights for business executives and graduate students through a comprehensive study of how China's firms globalize and operate, and the implications of this for economic success. Based on detailed case studies and summative examples of successful Chinese firms, Tse and Hung point out their strengths (e.g. making innovations affordable to many developing nations), their weaknesses (products made in China are not highly regarded) and their mistakes (being insensitive to host economy needs and at times corruptive acts). They argue that the world economy would benefit from engaging with Chinese and other emerging economy firms to learn from the strategies they employ to achieve their global reach.