ID | 144030 |
Title Proper | Can China's companies conquer the world? |
Other Title Information | the overlooked importance of corporate power |
Language | ENG |
Author | Ghemawat, Pankaj ; Hout, Thomas |
Summary / Abstract (Note) | Despite China’s recent economic struggles [2], many economists and analysts argue that the country remains on course to overtake the United States and become the world’s leading economic power someday soon. Indeed, this has become a mainstream view [3]—if not quite a consensus belief—on both sides of the Pacific. But proponents of this position often neglect to take into account an important truth: economic power is closely related to business power, an area in which China still lags far behind the United States. |
`In' analytical Note | Foreign Affairs Vol. 95, No.2; Mar-Apr 2016: p.86-98 |
Journal Source | Foreign Affairs Vol: 95 No 2 |
Key Words | Economic Power ; China's Companies Conquer the World ; Importance of Corporate Power ; Economic Struggles - China ; Future Chinese Dominance |