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ECONOMIC STRATEGY - CHINA (10) answer(s).
 
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ID:   129645


China's direct investment in the European Union: a new regulatory challenge? / Zhang, Haiyan; Bulcke, Daniel Van Den   Journal Article
Zhang, Haiyan Journal Article
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Publication 2014.
Summary/Abstract While China is fast becoming an important outward direct investor, its companies are showing an increasing interest to locate in Europe and the European Union (EU). It has been suggested that this can partly be explained by the more lenient attitude of the European countries compared to the US, where some acquisitions were abandoned when they ran into political opposition based on security concerns. Yet, also in Europe, the media follow rather closely each new Chinese entry, and certain politicians have started to criticise the take-over of technology-oriented companies, especially by Chinese state-owned firms. Against the background of a very open foreign direct investment (FDI) policy as measured by OECD FDI Restrictiveness Index for the EU and the individual countries, an overview is given of the pre- and post-establishment obstacles to direct foreign investment. Also, the EU policy measures that directly or indirectly deal with incoming direct investment are discussed. Within the context of the EU competition policy and the merger regulation, the EU Commission has cleared five cases of take-over by Chinese state-owned enterprises. Although the Lisbon Treaty authorises the EU Commission to take charge of investment policy as part of the EU commercial policy, it will take time to realise this. If the announced negotiations about an investment treaty between China and the EU could work out the necessary balance, it would be an important step in achieving more reciprocity between their respective investment regimes.
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2
ID:   129646


Chinese investment and European labor: should and do workers fear Chinese FDI? / Burgoon, Brian; Raess, Damian   Journal Article
Burgoon, Brian Journal Article
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Publication 2014.
Summary/Abstract The rapid increase in Chinese foreign direct investment (FDI) into Europe raises important questions about the implications of such for workers and organized labor in Europe: (1) does Chinese FDI flow more or less to regulated labor markets than do other investment sources?; (2) what are the strategies of works councilors and union representatives in dealing with real or expected investment from China?; and (3) how do individual workers view the propriety of Chinese FDI given China's low-wage, labor-unfriendly profile in the global economy? Quantitative and qualitative data on Chinese FDI, individual opinions about China and globalization, and on strategies of labor representatives provide some leverage to preliminarily answer these questions. First, Chinese FDI does not seem to be more (or less) focused on investing in the least regulated labor markets than other sources of FDI. Second, interviews with works councilors and union representatives in Germany, France and the Netherlands affirm a cautiously optimistic view of Chinese investors as no more or less threatening to organized labor than other investors. Third, analysis of attitudes about Chinese and European interests in managing globalization suggest that less-skilled, more vulnerable, pro-labor-union workers in Europe tend to be more rather than less enthusiastic about Chinese management than their fellow citizens. These patterns suggest a surprising, if tentative, embrace by workers and their representatives in Europe of that investment.
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3
ID:   130535


Chinese producer behavior: aquaculture farmers in southern China / Ortega, David L; Wang, Holly H; Widmar, Nicole J. Olynk; Wu, Laping   Journal Article
Wu, Laping Journal Article
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Publication 2014.
Summary/Abstract The increasing share of imported food in developed countries, such as the U.S. and European Union countries, poses new challenges for food safety and quality regulators. China as the world's biggest food producer has the fastest growing share of fish and shellfish exports to these countries. While there have been an increasing number of studies conducted on consumer demand for various food product attributes, little research has been focused on producer behavior, and studies on Chinese food producers are especially absent in the literature. The objective of this study is to assess Chinese aquaculture producers' willingness-to-change (WTC) and adopt certain production practices related to food safety. Producer preferences for enhanced food safety measures, and sustainable/eco-friendly production practices are assessed using a choice experiment. Primary data was collected in the leading aquaculture producing provinces of southern China. The average net income per farmer of our sample was 81,286 RMB/year of which approximately 72% originated from their aquaculture operation. Derived WTC estimates from a random parameters logit model suggest that the representative Chinese producer would require a 2.49% premium per jin of fish to adopt enhanced food safety practices such as those required for China GAP, and No Public Harm voluntary certifications and they would accept a 3.22% discount before being indifferent between having an antibiotic-free facility and using antibiotics. WTC estimates of sustainable eco-friendly practices and verification by various entities were also assessed. A latent class model (LCM) is used to segregate producers into group with similar underlying characteristics to develop policies to improve producer practices and ultimately product safety and quality.
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4
ID:   129647


Different cases, different faces: Chinese investment in Central and Eastern Europe / Jacoby, Wade   Journal Article
Jacoby, Wade Journal Article
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Publication 2014.
Summary/Abstract Chinese investment in Central and Eastern Europe (CEE) is booming. As China's investment pattern has emerged so far, it appears to have little to do with Chinese firms' preferences for liberal policy regimes, tolerance for corruption, or reliance on communist-era networks. This article documents the current size and shape of Chinese firms' efforts to internationalize in this economic space, demonstrating an important difference between Chinese investment behavior in CEE and in the EU-15, namely the region's much more active use of greenfield activity (and lighter use of M&A and strategic alliances). Case studies of each mode (greenfield, M&A, and strategic alliances) reveal little evidence of a "China, Inc." approach and much evidence that Chinese firms are more motivated by market access than by technology or management assistance.
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5
ID:   124564


Do Chinese state-owned and private enterprises differ in their internationalization strategies? / Amighini, Alessia A; Rabellotti, Roberta; Sanfilippo, Marco   Journal Article
Sanfilippo, Marco Journal Article
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Publication 2013.
Summary/Abstract We empirically analyze the host-country determinants of Chinese outward direct investments (ODI) in the period from 2003 to 2008, using disaggregated data by country and sector and distinguishing between state-owned or controlled enterprises (SOEs) and privately-owned firms. Our results show that the pattern of Chinese ODI differs according to corporate ownership. Private firms are attracted by large markets and host-country strategic assets and are averse to economic and political risks when choosing investment locations abroad. Differently, state-owned or controlled enterprises follow the strategic needs of their home country and invest more in natural resource sectors, being largely indifferent to the political and economic conditions in the host countries.
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6
ID:   124942


Green dreams: myth and reality in China's agricultural investment in Africa / Bräutigam, Deborah; Zhang, Haisen   Journal Article
Bräutigam, Deborah Journal Article
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Publication 2013.
Summary/Abstract What role does China play in the recent rush for land acquisition in Africa? Conventional wisdom suggests a large role for the Chinese government and its firms. Our research suggests the opposite. Land acquisitions by Chinese companies have so far been quite limited, and focused on production for African consumption. We trace the evolution of strategy and incentives for Chinese agricultural engagement in Africa, and examine more closely several of the more well known cases, sorting out the myths and the realities.
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7
ID:   125385


Guiding the environmental conduct of Chinese hydropower investm / Peng, Ren; Whitehead, Douglas   Journal Article
Peng, Ren Journal Article
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Publication 2013.
Summary/Abstract A joint report published by the world wide fund for nature (WWF) and the China Council for international cooperation on environment and development (CCIDED) describes on ecological deficit China faces, and China's increasing trend, therefore, to seek resources from abroad. This includes extractive sectors like energy (Hydropower, Oil, Gas), mining and forestry. such activity has been supported by policy making institutions like the export-import bank of China Exlm Bank) through the "Go Out Strategy".
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8
ID:   130288


Place-based and place-bound realities: a Chinese firm's embeddedness in Tanzania / Men, Tanny   Journal Article
Men, Tanny Journal Article
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Publication 2014.
Summary/Abstract The paper presents a single case study of how one Chinese firm operates in Dar es Salaam and how the firm's embeddedness and unique managerial style in the local context affect local benefits for Tanzanian employees. The results demonstrate the need to fill a gap in the knowledge about Chinese economic activities in Africa, par-ticularly in relation to the cultural constructs present in manager-employee interactions. The findings paint a picture of a firm that intends to localize its business strategies and engage a local labour force, but similarly reveals the inherent cultural, behavioural and social norms of Chinese management, which may create organizational challenges and power differentials in the workplace.
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9
ID:   134020


Trading with China: a success story / Groser, Tim   Journal Article
Groser, Tim Journal Article
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Publication 2014.
Summary/Abstract The New Zealand-China trade relationship is going from strength to strength. The ambitious goal set in 20l0 of doubling our two-way trade by 20I5 has already been achieved - one year ahead of schedule. But the bar has now been further lifted. A new equally ambitious goal is to lift two-way trade to $30 billion by 2020. This remarkable growth is the result of the hard work of a lot of people over many years and by successive governments. While some see the growing dependence on China as problematical, it is a situation faced by a majority of other countries. The benefits of our linkage outweigh the potential disadvantages
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10
ID:   129079


Urban and regional governance in China: introduction / Luo, Xiaolong; Shen, Jianfa; Gu, Chaolin   Journal Article
Shen, Jianfa Journal Article
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Publication 2014.
Summary/Abstract In the age of globalization and social-spatial restructuring. cities and regions have become the focus of social and economic changes and governance.' Over the past decade. extensive studies have been contacted on hanging urban and regional governance in transitional China} The articles included in this special issue further enhance our understanding of China's urban and regional governance and restructuring. This introduction summarizes the major findings of these articles and proposes some suggestions for future research. The articles in this issue were originally presented at the International Conference "Urban and Regional Governance in China: Retrospect and Prospect of IO Years of Research" held at Nanjing University. Nanjing. from I to 2 July 2()l2. The conference was jointly organized by the Department of Urban Planning and Design & Research Centre of Human Geography at Nanjing University and the Urban and Regional Development Programme.
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