Abstract
Chinese business enterprises are going global. By doing so, they are reinventing China economically once again, transforming the country from being merely a platform for exporting low-grade manufactured goods such as textiles and apparel into a major force for overseas investment. The rise of China, along with its emerging economy counterparts Brazil and India as major sources of overseas investment, is arguably the biggest unfolding business story today. According to Goldman Sachs, these three emerging giants will account for half of all global business activity by 2050.1
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© 2016 Huiyao Wang and Lu Miao
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Wang, H., Miao, L. (2016). Scholarly Context of This Book. In: China Goes Global. Palgrave Macmillan Asian Business Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-137-57813-6_1
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DOI: https://doi.org/10.1007/978-1-137-57813-6_1
Publisher Name: Palgrave Macmillan, London
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