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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...
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"From Haier to Lenovo, and from Huawei to Alibaba, Chinese firms are going outside the country looking for resources, technology, markets, and a major global presence. This is a relatively new phenomenon in the world's economy, as practically all modern Chinese corporations were founded no more...
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' cross-border mergers and acquisitions (M&As) and greenfield (GF) investment in advanced economies (AEs) and developing … consistent with the growing theoretical literature on emerging market multinational enterprises (EM MNEs). However, Chinese firms … investment requires more scrutiny and in-depth analysis. Although both economic and institutional factors affect Chinese firms …
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global financial crisis, and that of Germany has proven more persistent as domestic investment has remained subdued …We analyse global and euro area imbalances by focusing on China and Germany as large surplus and creditor countries. In …
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, profitability, investment and growth, based on China's manufacturing firm-level dataset over the period 1998 - 2007. First, we find …, the profitability-growth relationship is mediated via investment. Firm's contemporaneous and lagged profitabilities … display positive and significant effect on the probability to report an investment spike, and, in turn, investment activity is …
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The study aims to investigate how relying on short-term debt may help Chinese listed firms to make efficient investment … between growth and investment; this association is enhanced by leverage, especially for high-growth firms. This supports the … view that short-term debt helps Chinese firms to make optimal use of leverage and therefore make better investment …
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