Is China buying the world? / Peter Nolan
Material type:
TextPublication details: Cambridge : Polity Press, 2012Description: ix, 147p. 22cmISBN: - 9780745660783
- 332.67351 NOL
| Item type | Current library | Call number | Status | Date due | Barcode | Item holds | |
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Book
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Calcutta | 332.67351 NOL (Browse shelf(Opens below)) | Available | IIMC-138854 |
In this book author probes behind the media rhetoric and shows that the idea that China is buying the world is a myth. Since the 1970s the global business revolution has resulted in an unprecedented degree of industrial concentration. Giant firms from high income countries with leading technologies and brands have greatly increased their investments in developing countries, with China at the forefront. Multinational companies account for over two-thirds of China's high technology output and over ninety percent of its high technology exports. China has been unsuccessful so far in its efforts to nurture a group of globally competitive firms with leading global technologies and brands. Whether it will be successful in the future is an open question. This balanced analysis replaces rhetoric with evidence and argument.
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