Strategic coupling of regional development in global production networks: redistribution of taiwanese personal computer investment from the pearl river delta to the yangtze river delta.
Reg Stud 43 3 : — Econ Geogr 83 4 : — Yeung, H. Towards a dynamic theory of global production networks. Econ Geogr. Regional development and the competitive dynamics of global production networks: an east asian perspective. Zhang, J. In Global economic crisis and the politics of diversity , ed.
Atasoy Yeas, — London: Palgrave MacMillan. Chapter Google Scholar. Zhu, S. J Contemp Asia 44 1 : 36— Download references. The earlier version of the paper was presented as a keynote speech at the International Conference on the Commemorative Academic Conference for the 60th Anniversary of the Asian-African Conference in Bandung, Indonesia, 4—6 June Thanks go to the participants of the conference for their constructive comments which helped improve the paper.
You can also search for this author in PubMed Google Scholar. Correspondence to Chun Yang. Reprints and Permissions. Relocating labour-intensive manufacturing firms from China to Southeast Asia: a preliminary investigation. Bandung J of Global South 3, 3 Download citation. Received : 24 September Accepted : 22 February Published : 04 October Anyone you share the following link with will be able to read this content:.
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Skip to main content. Search all SpringerOpen articles Search. Download PDF. Research design and methods Since , particularly at the onset of the global financial crisis, the global economy has entered a new era with the rise of contending centres of economic and political power, particularly in East Asia Cattaneo et al.
Full size image. Table 1 Comparison of labour force in selected Asian economies millions. Full size table. Spatial relocation of TNCs from China: an evolutionary framework. Results and discussions Over the past decades, China has come to be regarded as the undisputed global workshop for making a plethora of finished goods for global consumption, especially in the G2 markets of the US and the EU.
Ranking for ease of doing business in Asia Conclusion This paper has conducted a preliminary exploration of the ongoing cross-border relocation of TNCs from coastal China to the Southeast Asian countries since References Bair, J. Article Google Scholar Baldwin, R.
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Article Google Scholar Zhang, J. Chapter Google Scholar Zhu, S. Article Google Scholar Download references.
Competing interests The author declare that she has no competing interests. About this article. Since its adoption of free-market principles, China has become one of the world's most hyped investment locations. Increasing numbers of large multinationals have a presence in the country and, despite some uncertainty related to the ongoing U.
That's because, as an emerging market economy , China presents a promising opportunity to many companies and investors. GM, along with its Chinese partners, sells close to 3 million vehicles in China each year. Indeed, American multinationals such as Yum! The number of Pizza Hut franchises more than doubled from to Meanwhile, as of , McDonald's Corp. MCD operates more than 3, locations in China.
Starbucks SBUX has been growing rapidly in the region and now has 5, stores in cities in mainland China. The country is now Apple's third-largest market behind the U. LLY are active in the region. A large number of non-Western multinationals also operate in China. Lastly, many Chinese multinationals are also growing rapidly. Lenovo is a good example of a healthy and significant Chinese multinational.
Its operating income is over a billion dollars. DJI, which makes the Phantom series of UAVs unmanned aerial vehicles , has also seen rapid growth due to the exploding drone market. Pew Research Center. General Motors. The target for this year is between 6. This growth rate should also be complemented by a smooth transition to a growth model primarily driven by consumption and services.
During the said gathering, there was recognition that although it was the responsibility of the governments to bargain and get the best deals from Chinese investments, Chinese SOEs should be more responsible.
It has also been alarming that the Asian Infrastructure Investment Bank seems to be serving mainly corporate interests. It is already lending even before transparency mechanisms have put in place. Indeed, China is not bringing down neoliberal capitalism, is not forwarding systemic alternatives, and is unlikely to do so since it also follows similar paths of development as the old powers.
It is not presenting an alternative to hegemony or talking about changing the world economic system. Its actions show it merely wants to have greater influence and space within the existing system. It is not also ensuring that the voices of grassroot communities and civil society are heard. Dorothy Grace Guerrero is an internationalist with over 27 years experience in activism, research and development work. Some experts suggest that the largest TNCs own or control at least one-quarter of the entire world's productive assets.
This demonstrates the sheer scale and influence of TNCs in world trade. Some TNCs are able to exert influence over developing countries directly:. Some TNCs enlist the help of developed governments to further or protect their interests in developing countries. Sometimes this has involved military force.
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