Capturing the overall development of the Chinese economy, this comprehensive book offers an introduction to one of the most astonishing economic growth stories of the last three decades. The authors identify the key stages and unique features of China's development, exploring its geopolitical impact on the world economy, and in particular, on the European Union. Analysing factors such as education, urbanisation and innovation, this book highlights the reasons behind China's success in the international market, and places a special focus on the country's energy policy. By providing insights into such an important case of expansion and growth in international business, this innovative book will be of interest to those researching Asian business, internationalisation and the Chinese economy.

Explores the development of trade relations of China with the EU, the US and Japan Highlights FDI as a driving force for China's expansion, including China's OFDI in Europe Discusses the role of the energy sector in China's growth strategy, including a comparison of energy consumption between China and Europe

Autorentext
Peter Balá is Head of the Department of International Trade and Dean Emeritus of the Faculty of Commerce at the University of Economics in Bratislava, Slovakia. Previously he has been a visiting professor at several universities around the world including the University of Indonesia, Minnesota State University, USA, Hamburg University of Technology, Germany, and the University of Economics in Prague, Czech Republic. Peter has authored or co-authored 25 books and published 150 articles in international journals.

Stanislav Zábojnik is a post-doctoral researcher at the University of Economics in Bratislava, Slovakia. He specialises in international management and international business, and has focused particularly on the economic growth of China and its increasing role in the global energy market. Stanislav was previously the head of the foreign trade department in a commercial company, where he was responsible for trade with Chinese companies. His research has been published in many leading journals and presented at international conferences.

Luká Harvánek is a doctoral graduate from the University of Economics in Bratislava, Slovakia. Having studied the Chinese energy market and previously been responsible of business operations in South Asia at Eximbanka SR in Bratislava, Luká currently works at Sberbank CZ in Prague, Czech Republic, and focuses on business in Asia.

Inhalt

1. China and its New Position in the World Economy.- 2.China's Economic Growth and its Main Sources.- 3. The Growing Importance of China in Global Trade.- 4. FDI as a Driving Force of China's Expansion.- 5. The Importance of the Energy Sector in China's Growth Strategy.- Quo Vadis China.