by Chen, Shuojian. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1998. / Includes bibliographical references (leaves 60-61). / ABSTRACT --- p.I / TABLE OF CONTENTS --- p.III / LIST OF CHARTS --- p.VII / LIST OF TABLES --- p.VIII / Chapter CHAPTER I: --- INTRODUCTION 一 A REVIEW OF FOREIGN INVESTMENTS IN CHINA --- p.1 / Chapter 1.1 --- "The foreign investments in China had soared in the past dozen years, but now, it levels off" --- p.1 / Chapter 1.2 --- Most of the foreign investments come from Hong Kong and Taiwan --- p.3 / Chapter 1.3 --- "Three policies toward foreign investments - deny, welcome unconditionally, and welcome conditionally" --- p.5 / Chapter 1.3.1 --- Before 1979 ´ؤ deny --- p.5 / Chapter 1.3.2 --- From 1979 to 1991 ´ؤ welcome unconditionally --- p.5 / Chapter 1.3.3 --- After 1991 - welcome conditionally --- p.6 / Chapter 1.4 --- focus on the disharmonies --- p.6 / Chapter CHAPTER II: --- DISHARMONIES IN DIRECT INVESTMENTS - THE PHENOMENA --- p.7 / Chapter 2.1 --- Hostility toward foreign investments --- p.7 / Chapter 2.1.1 --- """ Economic invasion “" --- p.7 / "“The Eight Countries' Allied Force""" --- p.8 / Chapter 2.1.2 --- """ National Dignity “" --- p.9 / """China Can Say No""" --- p.9 / """Prefect's Decision""" --- p.10 / Chapter 2.2 --- Uncooperative Attitude --- p.11 / Chapter 2.2.1 --- Joint venture forming bids are turned down --- p.11 / """Pretty daughters"" and ""ugly daughters""" --- p.11 / Le Kai ® and Kodak® --- p.12 / Chapter 2.2.2 --- Chinese enterprises repurchase the brands they once contributed to joint ventures as assets. --- p.14 / Sheng Brand ® Chrysanthemum Crystal --- p.15 / Case: MAXAM ® --- p.15 / Chapter 2.3 --- Internal Conflicts in Joint Ventures --- p.16 / Chapter CHAPTER III: --- THE CAUSE OF DISHARMONY --- p.17 / Chapter 3.1 --- "Chinese have over-expectation to foreign investment. While disappointed, some become unfriendly toward foreign investors " --- p.17 / Chapter 3.2 --- "Although foreign investments contribuie to the economic growth, its opportunity cost IS PRETTY HIGH " --- p.19 / Chapter 3.2.1 --- "Foreign investments may worsen, rather than relief the problem of unemployment " --- p.19 / Create New Market vs. Redistribute the Market Shares --- p.20 / The Myth of Export Oriented --- p.20 / 8.8% of the Employees Accounts for 19.1% of the Sales --- p.21 / A model to identify jobs created vs. jobs extinguished by foreign funded enterprises --- p.23 / Chapter 3.2.2 --- "Bypassing the tariff, it is possible for overseas enterprises to dump in China " --- p.25 / Chapter 3.2.3 --- Foreign capital and honest society --- p.27 / Chapter 3.2.4 --- Tax paid by foreign funded firms is not proportionate to their profits --- p.29 / 2+3Corporation Tax Holiday --- p.29 / Value Added Tax --- p.29 / Legal Tax Mitigation & Illegal Tax Evasion --- p.29 / Chapter 3.2.5 --- The fact that foreign-funded firms are not required to contribute appropriate proportion to social security indirectly results in social unrest --- p.33 / Chapter 3.3 --- Fraudulence in Forming Joint Ventures --- p.35 / Chapter 3.3.1 --- Equipment Overpricing --- p.35 / Chapter 3.3.2 --- Technology Overpricing --- p.35 / Chapter 3.3.3 --- Material and Components Overpricing --- p.36 / Chapter 3.3.4 --- "Land, workshop & sales network overpricing " --- p.37 / Chapter 3.3.5 --- Fraudulence in equipment importation --- p.37 / Chapter 3.3.6 --- "Both of the foreign partners and the Chinese partners can be cheaters, but it is more common that a Chinese partner is the victim " --- p.38 / Chapter 3.4 --- National Security --- p.39 / Chapter 3.4.1 --- "Foreign investment, national industries, and national security " --- p.39 / Chapter 3.4.2 --- Even civil products may have unexpected significance to national security --- p.39 / Chapter 3.4.3 --- "In case of international disputes, trade wars, or real wars, who holds the hostages? " --- p.40 / Chapter 3.5 --- The Agency Problem --- p.41 / Chapter 3.6 --- The Limited Running Time of Joint Ventures --- p.42 / Case: Zhang Xiao Quan ® --- p.42 / Chapter CHAPTER IV: --- MEASURES TO MINIMIZE THE DISHARMONIES --- p.44 / Chapter 4.1 --- Facilitate long-run view in founding joint ventures --- p.44 / Chapter 4.1.1 --- Two ways in forming joint venture --- p.44 / Chapter 4.1.2 --- To increase the stakes in a joint venture gradually --- p.45 / Chapter 4.2 --- Assign outsiders to manage the joint venture --- p.46 / Chapter 4.3 --- Localization --- p.46 / Chapter 4.3.1 --- Local sourcing --- p.47 / Chapter 4.3.2 --- Employee localization --- p.47 / Chapter 4.4 --- Adopting local brand names --- p.47 / Chapter 4.4.1 --- Case: P&G® Jiehua® andGaofuli ® --- p.48 / Chapter 4.4.2 --- Multiple brands 一 a successful strategy --- p.50 / P&G itself is a successful example in multiple brands strategy --- p.50 / The advantages of multiple brands strategy --- p.50 / Chapter 4.4.3 --- "Reasons that foreign investors refuse to adopt the Chinese brands, besides the duration of the joint ventures " --- p.51 / Case: Wine & Spirit --- p.53 / Chapter 4.4.4 --- Adopting famous local brand names --- p.57 / Under what situation Chinese brands should be kept in the joint venture --- p.57 / Case: Yale ® and Gu Li ® dual brands strategy --- p.58 / CONCLUSION --- p.59 / BIBLIOGRAPHY --- p.60
| Identifer | oai:union.ndltd.org:cuhk.edu.hk/oai:cuhk-dr:cuhk_322119 |
| Date | January 1998 |
| Contributors | Chen, Shuojian., Chinese University of Hong Kong Graduate School. Division of Business Administration. |
| Source Sets | The Chinese University of Hong Kong |
| Language | English |
| Detected Language | English |
| Type | Text, bibliography |
| Format | print, viii, 61 leaves : ill. ; 30 cm. |
| Coverage | China, China |
| Rights | Use of this resource is governed by the terms and conditions of the Creative Commons “Attribution-NonCommercial-NoDerivatives 4.0 International” License (http://creativecommons.org/licenses/by-nc-nd/4.0/) |
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