Ilan Alon (Rollins College, USA), Julian Chang (Harvard University, USA), Marc Fetscherin (Rollins College, USA),
Christoph Lattemann (University of Potsdam, Germany) and John R. McIntyre (Georgia Tech, USA) have published a new book focussing on globalization.
The new book “China Rules: Globalization and Political Transformation” describes the development of Chinese MNC as a new feature of globalization. This book deals with the political economy and governance of China and discusses the contemporary discourse of Chinese enterprise internationalization. The first section shows how the internationalization of Chinese enterprises will reshape global competition, and how new corporate governance structures impact the long-term performance of state-owned enterprises in China. The second section assesses international trade and foreign direct investment (FDI) by Chinese firms and their impact on the target countries. The effects of China’s policy and regulatory changes on outward FDI are outlined and a Sino-EU Intra Industry Trade and FDI analysis explores the nature of the challenge facing the EU. Section three describes the developments in certain Chinese industries, telecommunications, electronic and automotive, and explains corporate and government strategies to gain access to global natural resources.