2012 | OriginalPaper | Buchkapitel
Geely’s Internationalization and Volvo’s Acquisition
verfasst von : Marc Fetscherin, Paul Beuttenmuller
Erschienen in: Chinese International Investments
Verlag: Palgrave Macmillan UK
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The recent wave of high-profile acquisitions of Western brands by Chinese companies has caused consternation around the world. China has become the manufacturer of the world in some industries, now making about 70 percent of toys, 60 percent of bicycles, 50 percent of microwave ovens, 50 percent of shoes, clothing and televisions, and 33 percent of air conditioners and mobile phones (Alon & McIntyre, 2008). The export of those products resulted in a significant trade surplus and accumulation of foreign reserves to about US$2.5 trillion by June 2010.