The globalization of Chinese enterprises
Version of Record online: 21 FEB 2012
© 2012 Wiley Periodicals, Inc.
Thunderbird International Business Review
Volume 54, Issue 2, pages 145–153, March/April 2012
How to Cite
Lattemann, C., Alon, I., Chang, J., Fetscherin, M. and McIntyre, J. R. (2012), The globalization of Chinese enterprises. Thunderbird Int'l Bus Rev, 54: 145–153. doi: 10.1002/tie.21447
- Issue online: 21 FEB 2012
- Version of Record online: 21 FEB 2012
The question of how and why Chinese firms globalize is one of the most pressing issues for businesses today. China's globalization process is nothing less than remarkable. The twenty-first century will feature a developing country as the leader of the global economy by 2020, when, by most estimates, China's purchasing power parity (PPP) gross domestic product (GDP) surpasses America's. With China's new role on the world's stage, global economic and political institutions are likely to change. China's foray into Latin America, for example, has changed the traditional role that America has played in its “backyard.” While the Chinese government was given much credit for China's globalization, Chinese private- and family-owned businesses have also propelled China outward. Our research stream and annual China Goes Global conference at Harvard has attempted to frame the questions associated with China's globalization. This special issue is another important step in this direction. © 2012 Wiley Periodicals, Inc.