Catch-Up and Competitiveness in China

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Focusing on corporate structure and the significance of headquarters, the book analyzes the dynamics within large global corporations and contrasts these with large Chinese firms, many of which have transitioned from government ministries. It features a detailed case study of the oil and petrochemical sector, highlighting the competitive challenges faced by China's emerging 'national champions' against global rivals. The discussion offers policy recommendations for both Chinese firms and the government to enhance their competitiveness in the global market.