publication . Article . Other literature type . Preprint . 2002

The Challenge of Globalization for Large Chinese Firms

Peter Nolan; Jin Zhang;
Open Access
  • Published: 01 Dec 2002 Journal: World Development, volume 30, pages 2,089-2,107 (issn: 0305-750X, Copyright policy)
  • Publisher: Elsevier BV
Abstract
As China joins the World Trade Organization, the author questions whether China’s large firms will be able to compete on the global level playing field. Over the past two decades, Chinese large enterprises have undertaken extensive evolutionary change but, at the same time, the world’s leading firms have undergone a revolutionary transformation. Based on analysis of firms with the aerospace, oil and petrochemical industry, the authors conclude that China’s leading firms face critical challenges, even in sectors in which China’s policy makers have scored significant successes.
Subjects
free text keywords: Geography, Planning and Development, Economics and Econometrics, Development, Sociology and Political Science, China, Evolutionary change, Economics, Level playing field, World trade, Globalization, Market economy, Socioeconomics, Economy
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publication . Article . Other literature type . Preprint . 2002

The Challenge of Globalization for Large Chinese Firms

Peter Nolan; Jin Zhang;