ABSTRACT

This chapter emphasises the role of transnational Chinese entrepreneurship in managing crisis tendencies in an era of accelerated globalisation. The globalisation of Chinese business firms, nevertheless, is a complex process of simultaneously maintaining the core characteristics of Chinese business practice across borders and creating new network competence through strategic enrolment of Chinese and non-Chinese actors. International business has become of the most important fields of Chinese business activity in globalising world economy. The globalisation of Chinese business firms takes a great variety of organisational forms. Acquisitions were also preferred by large Chinese business conglomerates to control their foreign subsidiaries. Globalising Chinese business firms is clearly not an easy task, but it is surely of the best proactive ways to manage crisis tendencies in a era of accelerated globalisation. In an ex post sense, some Chinese business firms have surely chosen to implement certain strategies in order to survive the Asian economic crisis.