Southeast Asias Chinese Businesses In An Era Of Globalization

Addresses the rise of China and its impacts on Southeast Asia's economies and businesses, especially on those of ethnic Chinese. Also discusses Southeast Asian government policies, particularly their economic and business policies, towards local Chinese, and Southeast Asian Chinese businesses, both conglomerates and SMEs, in an era of globalization.

Chinese business firms and their networks of personal and business relationships, are becoming increasingly important players in the global economy. This book examines the global and regional operations of Chinese business firms and considers their implications for the management and organisation of these firms, aided by specific case studies. Written by leading researchers in this field, The Globalisation of Chinese Business Firms is a valuable and timely contribution to the study of Asian business systems.

This unique volume provides a broad introduction to the ethnic Chinese business in Asia, with focus on the ethnic Chinese in East and Southeast Asia. The growing interest in ethnic Chinese business reflects its importance in these two regional economies, and its relations with China's economy — the world's new economic powerhouse. It examines the nature and characteristics of the ethnic Chinese business, such as business networks, family business and conglomerates, concepts of xinyong and guanxi, and entrepreneurship and management. It also examines the input of history and culture in the formation and operation of ethnic Chinese business. The second half of the book is devoted to detailed regional studies, covering the Chinese in Thailand, Malaysia and Singapore, Indonesia, the Philippines, Hong Kong and Taiwan. This book provides an excellent introduction for tertiary students in business schools, and for prospective businessmen who wish to do business with the Chinese in East and Southeast Asia.

The role of ethnic Chinese business in Southeast Asia in catalyzing economic development has been hotly debated - and often misunderstood - throughout cycles of boom and bust. This book critically examines some of the key features attributed to Chinese business: business-government relations, the family firm, trust and networks, and supposed 'Asian' values. The in-depth case studies that feature in the book reveal considerable diversity among these firms and the economic and political networks in which they manoeuvre. With contributions from leading scholars and under the impressive editorship of Jomo and Folk, Ethnic Business is a well-written, important contribution to not only students of Asian business and economics, but also professionals with an interest in those areas.

Presents empirical findings from different South-East Asian countries to demonstrate that Chinese businessmen employ a variety of strategies in their networking, entrepreneurship and organisational and firm development; and concludes that much more research is needed in order to provide a full understanding of Chinese business success.

Presents a multidimensional perspective of globalisation in Southeast Asia. Looks at political, economic, security, social, and cultural dimensions of globalisation and local responses, showing evidence of complex interfacing between the global and the local, championing the need for a multidisciplinary approach to globalisation studies.

Using the proflierating volume of social science data and concepts on the subject, this book attempts to provide an alternative interpretation of the business conduct of the ethnic Chinese of East and Southeast Asia. The authors argue that: explanations of Chinese business conduct in terms of culture are too convenient and simplistic; not all Chinese everywhere are the same, nor do they do business only among each other; not all Chinese are successful in business, and not all successful businessmen are Chinese; guanxi (connections) has its down side; many ethnic Chinese in Southeast Asia may well be reluctant merchants as they face many institutional obstructions to their upward mobility; and the seeming solidarity among the ethnic Chinese as more to do with external forces impinging upon them as members of a racial group rather than primordial sentiments internal to the group.

No part of the world has been affected more by globalization in recent decades than Southeast Asia. This has led many observers to believe that the region’s present experience with globalization is at once unprecedented, inevitable, and irreversible. Professor Peter A. Coclanis challenges such beliefs, and, in so doing, provides a history of globalization in Southeast Asia over the past two millennia. Employing Stephen Jay Gould’s famous temporal metaphors — time’s arrow and time’s cycle — Coclanis traces the trajectory of globalization, arguing that globalization has ebbed and flowed in the region over the centuries, that globalization is best viewed as a process rather than a permanent condition, and that its effects have differed considerably across space and over time. Professor Peter A. Coclanis is Associate Provost for International Affairs and Albert R. Newsome Professor of History and Economics at the University of North Carolina at Chapel Hill. He was Raffles Visiting Professor in the Department of History at the National University of Singapore in 2005.

The degree to which the extensive business networks of ethnic Chinese in Asia succeed because of ethnic characteristics, or simply because of the sound application of good business practice, is a key question of great current concern to those interested in business, management and economic development in Asia. This book brings together a range of leading experts who present original new research findings and important new thinking on this vital subject. Based on rich empirical research data and a multidisciplinary explanatory framework, this book assesses the role, characteristics and challenges of Chinese entrepreneurship and business networks in various East and Southeast Asian countries: the People's Republic of China, Vietnam, Malaysia, Singapore, Indonesia, and Australia. Chinese Entrepreneurship and Asian Business Networks demonstrates that Chinese network capitalism is contingent upon, for example, time, place, institutional frameworks, and that explanatory approaches of Chinese economic behaviour which stress culture and ethnicity are too simplistic.