China and International Business
Abstract
Abstract This article discusses China's growing role in international business. It begins by describing developments in the country's inward and outward foreign direct investment (FDI) and the forms adopted for such investment. China is both a host environment and active player in the international economy which has become both hugely significant, and which poses new challenges for international business analysis. It continues by considering the kind of environment that China presents for international business, one in which the state continues to be closely involved. The last section turns to the implications China has for international business analysis, concerning the role of national institutions, the strategies available to foreign investing firms for coping with environmental complexity, and issues posed by its patterns of outward FDI.