Research Handbook on the Globalization of Chinese Firms

Research Handbook on the Globalization of Chinese Firms

Elgar original reference

Edited by Craig C. Julian, Zafar U. Ahmed and Junqian Xu

This comprehensive research Handbook encompasses an expansive range of perspectives on the globalization process of Chinese firms. Eminent global scholars provide contributions on a variety of topics, including: • industrial innovation; • technological innovation and learning; • the performance of Chinese international joint ventures,; • the global consumer; • Foreign Direct Investment (FDI) including barriers to FDI and FDI in China’s hinterland areas; • the globalization of Chinese business practices in Africa; • the Human Resource Management Transfer Process; • Corporate Information Disclosure in China’s Stock Market; and • the home employment effect.

Chapter 6: An African perspective of the globalization of Chinese business practices

Gido Mapunda

Subjects: asian studies, asian business, business and management, asia business, international business

Extract

This conceptual and empirical chapter examines three Chinese small business enterprises located in neighbouring countries of Tanzania and Zambia. The businesses are: a restaurant (in Tanzania), a poultry farm (in Zambia) and a retail/wholesale shop (in Tanzania). The chapter looks at the socio-economic implications of Chinese investments in Africa with a special focus on Chinese small business enterprises in Africa. The purpose of this study was to explore small Chinese business enterprises in Africa. In doing so, the study identified the following aims: socio-economic impactions of Chinese business enterprises in Africa; issues and challenges facing small African business enterprises; the role of African governments; and future directions for (small) African business enterprises. In this chapter, the terms Chinese investments and Chinese business enterprises are used synonymously. Chinese investments in Africa, whether operated by large corporations or individuals, have significant implications on relationships not only between China and Africa but also between the East (China in particular) and the West. Historically, countries in Sub-Sahara Africa were colonized by Western imperialists. The record of economic development and social advancement in these countries was less than satisfactory under colonial rule. Arguably, (ordinary) citizens in these countries hoped the economic fortunes would change positively if and when their countries gained independence. However, gaining independence from former colonial rulers did not deliver economic development and prosperity to the majority of the masses in these countries.

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