scholarly journals The Cross-Culture Management of Chinese Enterprises in Poland Under the Belt and Road Initiative—Based on PEST Model

2017 ◽  
Vol 10 (9) ◽  
pp. 96
Author(s):  
Guiyu Dai ◽  
Yi Cai
Keyword(s):  
Management Strategies ◽  
Belt And Road Initiative ◽  
Cross Culture ◽  
Local Society ◽  
Chinese Enterprises ◽  
The Road ◽  
Intercultural Communication Competence ◽  
Belt And Road ◽  
The Cross ◽  
The Belt And Road

“The Belt and Road Initiative” not only provides great opportunities but also poses enormous challenges to Chinese enterprises for further development. Along the Belt and the Road, there are different countries with unique culture characteristics, which will be the difficult challenges Chinese enterprises have to face in the overseas investment. The present study will combine PEST (Political, Economic, Social and Technological) model with Hofstede’s culture dimensions as the theoretical basis for analyzing the potential opportunities and challenges Chinese enterprises tend to confront in Poland. Based on a detailed analysis of the opportunities and challenges, this writing proposes three tentative cross-culture management strategies: (1) Investigating the local markets and identifying the culture differences; (2) Cultivating intercultural communication competence of the cross-culture employees; (3) Acculturating to the local society and making innovation based on culture fusion, which would be referential for Chinese enterprises to seek investment opportunities in the countries along the Belt and the Road.

The Belt and Road Strategy in International Business and Administration

2019 ◽  
pp. 28-51
Author(s):  
Jianyu Chen ◽  
Wei Liu
Keyword(s):  
Current Situation ◽  
Belt And Road Initiative ◽  
Current Development ◽  
Chinese Enterprises ◽  
Performance Capacity ◽  
News Reports ◽  
Csr Strategies ◽  
The Social ◽  
Belt And Road ◽  
The Belt And Road

Along with the acceleration of “One Belt and One Road” CSR progress, more Chinese companies possess adequate CSR performance capacity and conditions. In this chapter, first, the basic concept of CSR has been briefly introduced and the overviews are mainly stated including the concept, development, and current situation under the Chinese backdrop. Second, the current development of CSR, risk of the CSR, and CSR strategies of Chinese enterprises under the backdrop of Belt and Road Initiative will be introduced. Third, the responsibility of CSR of state-owned enterprises under the backdrop of Belt and Road Initiatives will be mentioned with main reference of the social responsibility reports of state-owned enterprises as well as news reports. Fourth, classic case (China Communications Construction) will be used to analyze the CSR of Chinese enterprises under the backdrop of Belt and Road Initiatives.

scholarly journals China’s Belt and Road Initiative and large-scale outbound investment

2018 ◽  
Vol 1 (2) ◽  
pp. 219-240 ◽  
Author(s):  
Shen Kunrong ◽  
Jin Gang
Keyword(s):  
Large Scale ◽  
Belt And Road Initiative ◽  
Chinese Enterprises ◽  
Content Type ◽  
Cultural Exchanges ◽  
Institutional Differences ◽  
Belt And Road ◽  
The Impact ◽  
Enterprise Investment ◽  
The Belt And Road

Purpose The purpose of this paper is to comprehensively examine the influence of formal and informal institutional differences on enterprise investment margin, mode and result. Design/methodology/approach This paper is based on 2,440 micro samples of large-scale outbound investment from 609 Chinese enterprises from the years 2005 to 2016. Findings The study has found that formal institutional differences have little impact on investment scale, but significantly affect investment diversification. In order to avoid the management risks brought by formal institutional differences, enterprises tend to a full ownership structure. However, the choice between greenfield investment and cross-border mergers and acquisitions is not affected by formal institutional differences. In contrast, the impact of informal institutional differences is more extensive. Both formal and informal institutional differences significantly increase the probability of investment failure. Further research found that the Belt and Road Initiative (BRI) bridges the formal institutional differences. Originality/value The study concludes that developing the BRI, especially cultural exchanges with countries alongside the Belt and Road, will help enterprises to “go global” faster and better.

scholarly journals Chile along the road. Changes and continuities of the Chilean development model in the context of the Belt and Road Initiative

2021 ◽  
Vol 2 (2) ◽  
pp. 23
Author(s):  
Javiera Francisca Flores Urbina
Keyword(s):  
Development Model ◽  
Caribbean Region ◽  
Belt And Road Initiative ◽  
Xi Jinping ◽  
The Sustainable Development ◽  
The Road ◽  
Belt And Road ◽  
The Caribbean ◽  
Complex Project ◽  
The Belt And Road

In 2013, Chinese President Xi Jinping announced the development of a massive project of global connectivity infrastructure, known nowadays as the Belt and Road Initiative (一带一路). Although it was originally presented as a trade project focused on Europe and Asia, through the years the Belt and Road Initiative has been unravelled as a much more complex project. Lately, it has been extended to more territories, one of them being Latin America and the Caribbean region. Chile has already signed cooperation agreements regarding the Initiative, and cooperation in trade and connectivity between Chile and China is already taking place. This article will discuss the changes and continuities that the cooperation between Chile and China, under the scope of the Initiative, provides for the sustainable development challenges Chile faces. The article concludes that the cooperation dimensions between both countries represent elements of both changes and continuities for the model of development of Chile.

Opportunities of Tourism Development of Mongolia Under the Belt and Road Initiative

2019 ◽  
pp. 200-214
Author(s):  
Huilian Han ◽  
Hui Li
Keyword(s):  
Active Role ◽  
Tourism Industry ◽  
Limiting Factors ◽  
Practical Significance ◽  
Belt And Road Initiative ◽  
The Road ◽  
Belt And Road ◽  
On The Road ◽  
Pillar Industry ◽  
The Belt And Road

The Belt and Road Initiative has had great impact on the countries on the road. The China-Mongolia-Russia corridor, as one of the six economic corridors, has seen rapid progress. In the progress, Mongolia not only plays important role as a bridge, but it actively participates in the initiative. As a leading industry, tourism has played an active role in Sino-Mongolian cultural exchanges and trade cooperation and has become a pillar industry in Mongolia. This chapter analyzes the limiting factors of Mongolian tourism and points out the new opportunities for tourism brought by the Belt and Road strategy. Though the analysis of the tourism industry in Mongolia and of the opportunities brought by the Belt and Road Initiative, the chapter has important practical significance for the investors of China and Mongolia to correctly understand the Mongolian tourism industry's development status and prospects. Thus, they will strengthen the tourism industry cooperation in the future.

Local embeddedness, corporate social capital and Chinese enterprises

2019 ◽  
Vol 13 (4) ◽  
pp. 860-876 ◽  
Author(s):  
Yanjie Bian ◽  
Juan Xie ◽  
Yang Yang ◽  
Mingsong Hao
Keyword(s):  
Social Capital ◽  
Business Performance ◽  
Small Sample ◽  
Belt And Road Initiative ◽  
Chinese Enterprises ◽  
Content Type ◽  
Local Embeddedness ◽  
Belt And Road ◽  
Corporate Social ◽  
The Belt And Road

Purpose The purpose of this study is to examine the impact of corporate social capital and local embeddedness on perceived business performance of Chinese enterprises operating overseas, whose recent growth resulted from the Belt and Road Initiative. Design/methodology/approach This study reports the results of a sample of 83 Shaanxi outward foreign direct investment (FDI) firms operating in Africa, Asia, Australia, Europe and North America. In-depth interviews with a few sampled firms are used to develop the survey questionnaire and help interpret the results of statistical analysis. Findings This study proposes two hypotheses and both are supported by the data. First, corporate social capital is a three-dimensional concept, covering governmental, market and personal sources with each source making an equal, positive effect on perceived overseas performance of the surveyed firms. Second, these firms do better when having developed a higher degree of local embeddedness, a measure on local channels used to obtain information and mobilize resources. While local embeddedness indeed mediates some effect of corporate social capital, both variables have shown direct impact on performance. Research limitations/implications Reported findings are from a small sample of 83 firms in an inland Chinese province, and business performance is measured by subjective evaluation rather than economic output. Practical implications The practical implication is that a Chinese FDI firm is expected to maintain all three relational channels – governmental, market and interpersonal – because the firm can gain different kinds of information and resources from these sources and each channel is necessary and equally important for the firm’s development. Importantly, it needs a different strategy to maintain and best use each channel. For the Belt and Road Initiative to be effective, China must establish platforms through which enterprises can strengthen and reconfigure their corporate social capital, as well as to cultivate and sustain their local networks in foreign destinations.

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