Series: Occasional Papers. 2015.
Author: Miguel Otero Iglesias and Elena Vidal Muñoz.
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Abstract
The aim of this paper is to analyze the variety of internationalization strategies used by
Chinese firms since the onset of its process of economic liberalization until now, in a
context in which China is adjusting its growth model to a new equilibrium. It is evident that
the relationship between China and the rest of the world could be changing. On the one
hand, the country seems to be restructuring its export profile towards a more sophisticated
one, directed to innovation, and less dependent on external input. On the other hand,
the important and growing exit of the Chinese multinationals is due to the will of the Chinese
government to invest in those sectors in which this country is at a competitive disadvantage
(raw materials, consumer goods, technology). Both strategies seek to meet a domestic
development objective.