Tag: multinationals

Guest post: Chinese multinationals – non-state companies rise to the challenge

May 8, 2013 9:37am by beyondbrics

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By Ben Simpfendorfer of Silk Road Associates

The rise in China’s outbound investment is a divisive subject. On the one hand, some worry that Chinese multinationals will emerge as powerful competitors by leveraging their economies of scale and cheap funding. On the other hand, many firms are excited about the opportunities to collaborate with Chinese partners in their home markets.

For the most part, however, the hype is still greater than reality, and subsequent waves of investment will be very different to the one the world is currently witnessing. Continue reading »

Tags: Chinese companies, Chinese multinationals, Chinese outbound investments, guest post, multinationals Posted in Asia, China | Permalink

[video] India’s Godrej looks south

May 6, 2013 8:31am by beyondbrics

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India’s outsourcers and industrial conglomerates have found success in western markets but consumer goods group Godrej sees its future in the developing markets of Africa and South America, where its experience of marketing to poorer consumers gives it an advantage. Adi Godrej, chairman, talks to the FT’s James Crabtree about marketing and innovation at the bottom of the pyramid.

Tags: consumer goods, FMCG, multinationals, trade, video Posted in Asia, India | Permalink

Multinationals didn’t really hate Chávez

Mar 7, 2013 9:40pm by Benedict Mander

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The 7km queue of Venezuelans hoping to catch one last glimpse of Hugo Chávez resting in his coffin before his funeral tomorrow was a striking measure of the devotion among his adoring supporters.

But even those who didn’t exactly see eye to eye with the revolutionary leader while he was alive rushed to offer their condolences. Thursday’s newspapers were bulging with extra pages to fit in all the messages from private companies that Chávez so often scolded. Continue reading »

Tags: Hugo Chávez, multinationals, Venezuela post Chavez Posted in LatAm, Venezuela | Permalink

US companies in China: tougher times

Feb 28, 2013 11:30am by Stefan Wagstyl

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After a string of cautious statements on China from US companies ranging from Caterpillar to Yum!Foods, the American Chamber of Commerce in Shanghai has declared that the days of relentless sales and rising profits are over.

The “new normal” is one of slower economic growth, rising costs, skilled labour shortages and an increasingly competitive business environment. Tougher times “will be the rule rather than the exception in the years ahead,” AmCham says in a report. Continue reading »

Tags: China economy, foreign investment, multinationals Posted in Asia, China | Permalink

Guest post: multinationals and China – falling out of love?

Aug 2, 2012 9:07am by beyondbrics

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By Ben Simpfendorfer of Silk Road Associates

The fate of China and the world’s multinationals are bound tightly together, both having benefited from the spectacular growth in global trade and investment over the past two decades.

So it’s no surprise then that the global crisis has challenged that once cozy relationship: China is rethinking its open-door policy to foreign firms, while the world’s multinationals are equally discovering opportunities in India, Brazil, and other fast growing emerging markets. Continue reading »

Tags: China, China regulation, FDI, guest post, joint ventures, multinationals Posted in Asia, China | Permalink

Reckitt: the DM-EM swing

Jul 30, 2012 2:30pm by Rob Minto

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As Reckitt Benckiser‘s results on Monday suggest, what emerging markets give, developed markets take away.

The consumer goods group, maker of products such as Finish dishwasher tablets and Nurofen painkillers, reported a slight increase in first half profits of 2 per cent, to £1.07bn. But the flatish number hides a see-saw in the company’s geographical performance. Continue reading »

Tags: consumer goods, multinationals, Reckitt Benckiser, Unilever Posted in Global | Permalink

Multinationals in EMs: failing to adapt

Jul 26, 2012 10:20am by Andrew Bowman

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One might normally assume that big multinational companies hold a lot of advantages in emerging markets. Besides the financial clout and extensive supply chain options, they have access to the fabled global talent pool and management strategies honed through decades, perhaps even centuries, of experience.

However, research by management consultants Hay Group suggests that multinationals may be putting themselves at a disadvantage to domestic companies in emerging markets through their reluctance to decentralise management responsibilities, and let go of cherished strategies that work in home markets. Continue reading »

Tags: education, emerging markets, labour costs, management, multinationals, recruitment, skills Posted in Global | Permalink

China: innovating more than copying

Jun 8, 2012 8:03am by Patti Waldmeir

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It is all well and good to cut interest rates, but Beijing mandarins know better than anyone else that what China needs is not a stimulated economy, it needs a more innovative one.

Now there is some surprisingly good news on that front from Booz & Co, the management consulting firm in Beijing. They asked multinational and leading Chinese companies with mainland operations whether China was catching up with the world in terms of ability to create rather than fake – and found that 45 per cent of multinationals said some of their mainland competitors were just as innovative – or more so – than the multinationals themselves. Continue reading »

Tags: China manufacturing, multinationals, R&D Posted in Asia, China | Permalink

EM affiliates out-perform their multinational parents, says Yale professor

Feb 27, 2012 5:40pm by Stefan Wagstyl

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What’s the best way of investing in emerging markets? Local companies or multinationals with big exposure to emerging markets?

How about getting the best of both worlds, says Martijn Cremers, of Yale University. Cremers shows in a study published on Monday that emerging market-listed affiliates of multinationals perform much better in the stock market than their parents. The 92 such affiliates comfortably out-perform both emerging markets and developed world markets. Take a bow, Hindustan Unilever, Walmart Mexico, and Coca-Cola Icecek (Turkey). Continue reading »

Tags: investment, multinationals Posted in Global | Permalink

China: more important, harder to crack

Dec 7, 2011 4:05pm by Patti Waldmeir

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Hope springs eternal: multinational companies are counting on China to save them from the global financial crisis – just as their ability to compete on the mainland has eroded more than ever before. Continue reading »

Tags: China economy, multinationals Posted in China, Global | Permalink

Mexico: Nestlé sidesteps the drugs war

Sep 13, 2011 8:30pm by Adam Thomson

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Think of Mexico these days and you’re likely to think not of mariachis, tequila or sunshine but of drugs, shoot-outs and beheadings.

Over the last five years, the murder rate has jumped from 10 per 100,000 people to more than 22, according to the government statistics agency, fuelled by a drugs war that appears to have no end. Cartels and their enforcer gangs regularly extort small and medium-sized businesses. Many have closed down, their owners fleeing to the US in search of safety. Continue reading »

Tags: multinationals Posted in LatAm, Mexico | Permalink

Shanghai: new taxes for expats

Sep 13, 2011 4:39pm by Patti Waldmeir

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Update intellectual property laws: check. Build vast new subway system: check. Start internationalising the renminbi: check. Teach more English to graduates: check. Modernise stock market: check. Increase taxes on foreigners so that expatriates in China can enjoy Chinese healthcare and pensions: hey, wait a minute. Continue reading »

Tags: financial centres, multinationals Posted in Asia, China | Permalink

Henkel: stay-at-home Chinese managers won’t go multinational

Aug 26, 2011 3:00am by Enid Tsui

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It’s one thing to get your multinational into China. It’s another to get China into your multinational, as Henkel (HEN3:GER), the German industrial conglomerate, has found out.

Kasper Rorsted, chief executive officer, has voiced concern over an unwanted side-effect of China’s phenomenal growth – his Chinese managers are turning down opportunties to gain crucial international exposure for fear of missing out on chances at home. Continue reading »

Tags: multinationals Posted in Asia, China | Permalink

Guest post: here come the multilatinas

Aug 17, 2011 11:08am by beyondbrics

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By Javier Santiso

Since 2000, the global economy has undergone a huge rebalancing towards the emerging countries. Trade and financial flows shifted in the direction of the emerging countries. Not only did investors in developed countries rush to raise their stakes in emerging markets. South-south investment also blossomed, with emerging multinationals from Brazil, China, India and Russia bursting on to the world scene.

Now other countries are jumping on to the bandwagon. In Latin America in particular, the international expansion of companies from Mexico, Brazil and Argentina is being followed by groups from Chile, Colombia and Peru. Continue reading »

Tags: cross border investment, guest post, multinationals Posted in Global, LatAm | Permalink

Chinese builders: coming your way

Jan 18, 2011 2:00pm by Stefan Wagstyl

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It can still be a bit disturbing for western executives to discover that a Chinese contractor is building motorways in Poland, but China Overseas Engineering Group is not alone in landing business around the globe.

As a report published on Tuesday by Boston Consulting Group highlights, state-backed Chinese contracting groups have expanded their overseas orders at an annual rate of 29 per cent and captured market share at the expense of western, Japanese and South Korean rivals.

BCG sees the development as so important that it ranks it among the five “emerging trends that will shape commerce…for all companies that play on the world stage”. So you can’t say you weren’t told.

Tags: multinationals Posted in Global | Permalink

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beyondbrics

Tag: multinationals

Guest post: Chinese multinationals – non-state companies rise to the challenge

[video] India’s Godrej looks south

Multinationals didn’t really hate Chávez

US companies in China: tougher times

Guest post: multinationals and China – falling out of love?

Reckitt: the DM-EM swing

Multinationals in EMs: failing to adapt

China: innovating more than copying

EM affiliates out-perform their multinational parents, says Yale professor

China: more important, harder to crack

Mexico: Nestlé sidesteps the drugs war

Shanghai: new taxes for expats

Henkel: stay-at-home Chinese managers won’t go multinational

Guest post: here come the multilatinas

Chinese builders: coming your way

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