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Is China Buying the World?

ISBN: 9780745660783 | 0745660789
Edition: 1st
Format: Hardcover
Publisher: Polity
Pub. Date: 4/10/2012

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SummaryTable of ContentsAuthor Biography
A new book, written by a leading international expert on China and the global economy, which examines the widely-held belief that China is buying the world.

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 t... MORE
List of Tablesp. vii
Acknowledgementsp. ix
Introductionp. 1
Who are We? Who are They?p. 11
Who are We?p. 15
Globalization and industrial concentrationp. 15
Evidence from automobiles and beveragesp. 25
Globalization and 'going out' by global firmsp. 38
Who are They?p. 55
China catches upp. 55... MORE
China is still far from 'catching up'p. 66
China's deepening relationship with developing countriesp. 70
Oil companies and energy securityp. 75
Multinational companies 'going in' to Chinap. 84
Chinese firms 'going out' of China into the high-income economies: 'I have you within me but you do not have me within you'p. 95
Constraints on China 'buying the world'p. 102
The Complexity of 'Us' and 'Them': The Case of Strategic Industriesp. 110
Banksp. 110
Commercial aircraftp. 119
Conclusionp. 132
Is China buying the world?p. 132
Who are we?p. 133
Who are they?p. 136
The complexity of catching upp. 142
Referencesp. 144
Table of Contents provided by Ingram. All Rights Reserved.
Peter Nolan is Professor of Chinese Management at the University of Cambridge and Director of the Chinese Big Business Programme at the Judge Business School. He has been centrally involved in discussions about the integration of China with the global economy and business system. He has testified before the US Congress' US-China Economic and Security Review Commission and served as an Advisor to the World Bank.


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