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China’s Changing Role in Industrial Value Chains and Reverberations on Industrial Actors in Germany

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Part of the book series: Palgrave Macmillan Asian Business Series ((PAMABS))

Abstract

One of the most marked characteristics of globalization has been the dynamic restructuring of industrial value chains.1 This restructuring has been both a major driver of globalization while itself being driven by globalization. The outsourcing of corporate functions has lead to greater specialization and fragmentation in value chains and the off-shoring of activities are the main features of this transformation. It creates risks and opportunities for corporate and political actors, and its evolution is highly uncertain for all parties. A state of equilibrium in a new international division of labour is not yet apparent.

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Authors

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Sten Söderman

Copyright information

© 2006 Ulrich Jürgens and Rolf Rehbehn

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Jürgens, U., Rehbehn, R. (2006). China’s Changing Role in Industrial Value Chains and Reverberations on Industrial Actors in Germany. In: Söderman, S. (eds) Emerging Multiplicity. Palgrave Macmillan Asian Business Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230625013_10

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