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The development of the Chinese multinational is a new feature of globalization. This book deals in the first section with the political economy and governance of China. The contemporary discourse of the internationalization of Chinese enterprises is discussed from different theoretical perspectives and shows how it will reshape global competition, and how the 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 developed countries. The effects of China's policy and regulatory change 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, such as telecommunications, electronics and automotives, and explains companies and government strategies to gain access to global natural resources.

ILAN ALON is George D. and Harriet W. Cornell Chair of International Business and Director of the China Center at Rollins College, and Visiting Scholar at Harvard University, USA. His recent published books on China include Chinese Culture, Organizational Behavior and International Business Management (2003), Chinese Economic Transition and International Marketing Strategy (2003), Business and Management Education in China: Transition, Pedagogy and Training (2005), The Globalization of Chinese Enterprises (Palgrave Macmillan, 2008), and Biographical Dictionary of New Chinese Entrepreneurs and Business Leaders (2009).

JULIAN CHANG is Executive Director of Asia Programs at Harvard University's JFK School of Government's Ash Institute, USA. He taught East Asian Studies and helped build academic research and training organizations at Stanford. His publications include Economic Reform and Cross-Strait Relations: Taiwan and China in the WTO and Presidential Politics in Taiwan: The Administration of Chen Shui-bian. He is working on another edited volume about the Taiwan problem in northeast Asian security relations.

MARC FETSCHERIN is an Assistant Professor at the Crummer Graduate School of Business and the International Business Department at Rollins College, USA. He is also an Associate of the Rollins China Center as well as a Harvard Kennedy School Visiting Scholar. He holds a Ph.D. (University of Bern) and two Masters degrees (University of Lausanne (HEC) and the London School of Economics).

CHRISTOPH LATTEMANN is Juniorprofessor for Corporate Governance and E-Commerce at Potsdam University, Germany since 2002. He was research fellow at Stanford and Harvard University. Formerly he held senior positions in project management in the financial industry. He published several books and over 90 articles about Strategic Management, Information Management and Systems, and Corporate Governance.

JOHN R. MCINTYRE has been Director of the Georgia Tech Center for International Business Education and Research (CIBER), a national center of excellence and a full professor of international business management and international relations at the Georgia Institute of Technology. He published in over 80 journals, reviews, and book chapters. He is author and co-editor of ten books, including Business and Management Education in China: Transition, Pedagogy and Training and Globalization of Chinese Enterprises.

Foreword; T.Khanna
Harvard Business School
Harvard University
INTRODUCTION
PART I: POLITICAL ECONOMY AND GOVERNANCE OF CHINA
Contextual View of Chinese Enterprise Internationalization; F.Schortgen
The Effects of the Institutional Environment on the Internationalization of Chinese Firms; G.L.Ge & D.Z.Ding
Racing With the Dragons; P.J.Williamson & E.Yin
The Corporatization of Chinese Oil and Petrochemical Industries; O.Roche
PART II: INTERNATIONAL TRADE& INVESTMENT
An Assessment of the Effects of Institutional Change on Chinese Outward Direct Investment Activity; H.Voss, P.J.Buckley & A.R.Cross
FDI and China's Global Trade Competitiveness: Evidence from Measuring Sino-EU15 Intra-Industry Trade; W.X.Wei
Chasing the Dragon: The Emerging EU – China Relationship and its Impact on Business; L.Curran
China's New Approach to ODI in Africa: A Model for a Government Seeking Natural Resources; A.Shoham & M.Rosenboim
PART III: INDUSTRY CASES
Natural Resources: Government Support for Chinese Companies' Global Hunt; H.Gao
Telecommunications: Primacy of Power and Regulatory Battles for Promoting National Standards; W.Liang
Automotive& Electronics: What Explains Export Success?; G.Wignaraja & R.T.Olfindo
Final Reflections
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