Multinationals, Globalisation and Indigenous Firms in China

"This book examines the impact of multinational companies' value chain strategies on the Chinese economy and on indigenous firms in China. It shows that the global business environment has undergone profound changes since the early 1990s, leading to an explosion of merger and acquisitions activity and consequent unprecedented degrees of concentration in many industries at a global level. The book presents profoundly important conclusions concerning the impact of multinationals on the local economy and on indigenous firms, which are applicable to other developing economies as well as to China."--Jacket.