Is China Buying the World?

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9780745660783: Is China 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 there any truth to this idea? Or is this just scaremongering by Western commentators who have little interest in a balanced presentation of China's role in the global political economy?

In this short book Peter Nolan - one of the leading international experts on China and the global economy - probes behind the media rhetoric and shows that the idea that China is buying the world is a myth. Since the 1970s the global business revolution has resulted in an unprecedented degree of industrial concentration. Giant firms from high income countries with leading technologies and brands have greatly increased their investments in developing countries, with China at the forefront. Multinational companies account for over two-thirds of China's high technology output and over ninety percent of its high technology exports. Global firms are deep inside the Chinese business system and are pressing China hard to be permitted to increase their presence without restraints.

By contrast, Chinese firms have a negligible presence in the high-income countries - in other words, we are inside them' but they are not yet inside us'. China's 70-odd national champion' firms are protected by the government through state ownership and other support measures. They are in industries such as banking, metals, mining, oil, power, construction, transport, and telecommunications, which tend to make use of high technology products rather than produce these products themselves. Their growth has been based on the rapidly growing home market. China has been unsuccessful so far in its efforts to nurture a group of globally competitive firms with leading global technologies and brands. Whether it will be successful in the future is an open question.

This balanced analysis replaces rhetoric with evidence and argument. It provides a much-needed perspective on current debates about China's growing power and it will contribute to a constructive dialogue between China and the West.

Le informazioni nella sezione "Riassunto" possono far riferimento a edizioni diverse di questo titolo.

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Nolan, Peter
Editore: Polity (2012)
ISBN 10: 0745660789 ISBN 13: 9780745660783
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Descrizione libro Polity, 2012. Hardcover. Condizione libro: New. Sealed. 100% buyer satisfaction guarantee. *Some of our items are sealed to protect them during shipping and to maintain their listed condition* International orders over 2lbs may be subject to shipping price adjustments. Codice libro della libreria mon0000078081

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Descrizione libro Polity, 2012. Hardcover. Condizione libro: New. book. Codice libro della libreria 0745660789

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Descrizione libro Polity. Hardcover. Condizione libro: New. 0745660789 Brand New Book. Ships from the United States. 30 Day Satisfaction Guarantee!. Codice libro della libreria 16013791

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Descrizione libro John Wiley and Sons Inc, 2012. HRD. Condizione libro: New. New Book. Shipped from US within 10 to 14 business days. Established seller since 2000. Codice libro della libreria KS-9780745660783

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Descrizione libro Polity Press, United Kingdom, 2012. Hardback. Condizione libro: New. 1. Auflage. 211 x 142 mm. Language: English . Brand New Book. 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 there any truth to this idea? Or is this just scaremongering by Western commentators who have little interest in a balanced presentation of China s role in the global political economy? In this short book Peter Nolan - one of the leading international experts on China and the global economy - probes behind the media rhetoric and shows that the idea that China is buying the world is a myth. Since the 1970s the global business revolution has resulted in an unprecedented degree of industrial concentration. Giant firms from high income countries with leading technologies and brands have greatly increased their investments in developing countries, with China at the forefront. Multinational companies account for over two-thirds of China s high technology output and over ninety percent of its high technology exports. Global firms are deep inside the Chinese business system and are pressing China hard to be permitted to increase their presence without restraints. By contrast, Chinese firms have a negligible presence in the high-income countries - in other words, we are inside them but they are not yet inside us . China s 70-odd national champion firms are protected by the government through state ownership and other support measures. They are in industries such as banking, metals, mining, oil, power, construction, transport, and telecommunications, which tend to make use of high technology products rather than produce these products themselves. Their growth has been based on the rapidly growing home market. China has been unsuccessful so far in its efforts to nurture a group of globally competitive firms with leading global technologies and brands. Whether it will be successful in the future is an open question. This balanced analysis replaces rhetoric with evidence and argument. It provides a much-needed perspective on current debates about China s growing power and it will contribute to a constructive dialogue between China and the West. Codice libro della libreria AAS9780745660783

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Peter Nolan
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ISBN 10: 0745660789 ISBN 13: 9780745660783
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Descrizione libro Polity Press, United Kingdom, 2012. Hardback. Condizione libro: New. 1. Auflage. 211 x 142 mm. Language: English . Brand New Book. 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 there any truth to this idea? Or is this just scaremongering by Western commentators who have little interest in a balanced presentation of China s role in the global political economy? In this short book Peter Nolan - one of the leading international experts on China and the global economy - probes behind the media rhetoric and shows that the idea that China is buying the world is a myth. Since the 1970s the global business revolution has resulted in an unprecedented degree of industrial concentration. Giant firms from high income countries with leading technologies and brands have greatly increased their investments in developing countries, with China at the forefront. Multinational companies account for over two-thirds of China s high technology output and over ninety percent of its high technology exports. Global firms are deep inside the Chinese business system and are pressing China hard to be permitted to increase their presence without restraints. By contrast, Chinese firms have a negligible presence in the high-income countries - in other words, we are inside them but they are not yet inside us . China s 70-odd national champion firms are protected by the government through state ownership and other support measures. They are in industries such as banking, metals, mining, oil, power, construction, transport, and telecommunications, which tend to make use of high technology products rather than produce these products themselves. Their growth has been based on the rapidly growing home market. China has been unsuccessful so far in its efforts to nurture a group of globally competitive firms with leading global technologies and brands. Whether it will be successful in the future is an open question. This balanced analysis replaces rhetoric with evidence and argument. It provides a much-needed perspective on current debates about China s growing power and it will contribute to a constructive dialogue between China and the West. Codice libro della libreria AAS9780745660783

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Descrizione libro Polity, 2012. Condizione libro: new. Shiny and new! Expect delivery in 20 days. Codice libro della libreria 9780745660783-1

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Descrizione libro Polity Press. Hardback. Condizione libro: new. BRAND NEW, Is China Buying the World?, Peter Nolan, 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 there any truth to this idea? Or is this just scaremongering by Western commentators who have little interest in a balanced presentation of China's role in the global political economy? In this short book Peter Nolan - one of the leading international experts on China and the global economy - probes behind the media rhetoric and shows that the idea that China is buying the world is a myth. Since the 1970s the global business revolution has resulted in an unprecedented degree of industrial concentration. Giant firms from high income countries with leading technologies and brands have greatly increased their investments in developing countries, with China at the forefront. Multinational companies account for over two-thirds of China's high technology output and over ninety percent of its high technology exports. Global firms are deep inside the Chinese business system and are pressing China hard to be permitted to increase their presence without restraints. By contrast, Chinese firms have a negligible presence in the high-income countries - in other words, we are inside them' but they are not yet inside us'. China's 70-odd national champion' firms are protected by the government through state ownership and other support measures. They are in industries such as banking, metals, mining, oil, power, construction, transport, and telecommunications, which tend to make use of high technology products rather than produce these products themselves. Their growth has been based on the rapidly growing home market. China has been unsuccessful so far in its efforts to nurture a group of globally competitive firms with leading global technologies and brands. Whether it will be successful in the future is an open question. This balanced analysis replaces rhetoric with evidence and argument. It provides a much-needed perspective on current debates about China's growing power and it will contribute to a constructive dialogue between China and the West. Codice libro della libreria B9780745660783

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Editore: Polity Press 2012-05-18, Oxford (2012)
ISBN 10: 0745660789 ISBN 13: 9780745660783
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Descrizione libro Polity Press 2012-05-18, Oxford, 2012. hardback. Condizione libro: New. Codice libro della libreria 9780745660783

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