THE STRATEGIC TRENDS OF CHINESE COMPANIES GOING GLOBAL
VOLUME No. 01 (2013), ISSUE No. 01 (SEPTEMBER)
A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories.
Samia S. I JRBM, Vol. 1 (2013), Issue 1
International Journal of Research in Business and Management
Full Length Research Paper
THE STRATEGIC TRENDS OF CHINESE
COMPANIES GOING GLOBAL
Samia S. 1 *
National University of Modern Languages, Pakistan
Received: August 03, 2013 / Accepted: August 13, 2013 / Published: September 09, 2013
Abstract
During the global financial crises, the strategies of Chinese firms to expand internationally have caught the global attention. This research paper discusses the trends of Chinese companies to go global after the financial crises of 2007. The paper also discusses how the
Chinese firms can get advantages through the global financial crises for the improvement of the international competition by acquiring the strategic assets of international markets. A case study of CITIC which is a major investment group in China has been presented in this study. The company took over CLSA Asia Pacific Market and uses their strategic assets at lower prices. Some theoretical perspectives are discussed in terms of the Chinese company’s behaviors to expand in foreign markets. The expansion strategy of china is considered as an alternative to trade nation and to overcome the challenges subjected to the term go global.
The weak managerial issues along with the financial aspects are discussed in detail to evaluate the capabilities of the Chinese firms to expand in international markets.
Keywords: global financial crisis, expansion strategies, takeovers, acquisitions
2
Samia S. I JRBM, Vol. 1 (2013), Issue 1
for the firms to learn innovative technologies. To enter into the world economy, the development of the internalized strategies by adopting the outward direct foreign investment is important for all firms. The strategy
A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories.
Samia S. I JRBM, Vol. 1 (2013), Issue 1
International Journal of Research in Business and Management
Full Length Research Paper
THE STRATEGIC TRENDS OF CHINESE
COMPANIES GOING GLOBAL
Samia S. 1 *
National University of Modern Languages, Pakistan
Received: August 03, 2013 / Accepted: August 13, 2013 / Published: September 09, 2013
Abstract
During the global financial crises, the strategies of Chinese firms to expand internationally have caught the global attention. This research paper discusses the trends of Chinese companies to go global after the financial crises of 2007. The paper also discusses how the
Chinese firms can get advantages through the global financial crises for the improvement of the international competition by acquiring the strategic assets of international markets. A case study of CITIC which is a major investment group in China has been presented in this study. The company took over CLSA Asia Pacific Market and uses their strategic assets at lower prices. Some theoretical perspectives are discussed in terms of the Chinese company’s behaviors to expand in foreign markets. The expansion strategy of china is considered as an alternative to trade nation and to overcome the challenges subjected to the term go global.
The weak managerial issues along with the financial aspects are discussed in detail to evaluate the capabilities of the Chinese firms to expand in international markets.
Keywords: global financial crisis, expansion strategies, takeovers, acquisitions
2
Samia S. I JRBM, Vol. 1 (2013), Issue 1
for the firms to learn innovative technologies. To enter into the world economy, the development of the internalized strategies by adopting the outward direct foreign investment is important for all firms. The strategy
References: Business Horizons, 2008, 51, 485491. of International Management, 2007, 13, 296-318. Perspective, Journal of International Business Studies, 2007, 38, 481-498. (accessed on 8 June, 2013) 12 Economy, 2006, 11, 313-335.