TITLE:
A Study on Overseas Investment Opportunities of Chinese Iron and Steel Enterprises from the Perspective of Globalization Strategy*
AUTHORS:
Wuyi Wang, Caixia Zheng, Peng Liu
KEYWORDS:
Chinese Iron and Steel Enterprises, Overseas Investment Opportunities, Globalization Strategy
JOURNAL NAME:
Open Journal of Social Sciences,
Vol.4 No.5,
May
16,
2016
ABSTRACT:
The global steel
industry is a highly internationalized industry, globalization strategy is the
inevitable choice of Chinese steel enterprises to improve the international
competitiveness, and many factors make it feasible for Chinese iron and steel
enterprises to implement globalization strategy. This paper made an analysis on
the overseas investment opportunities of Chinese steel enterprises from the
perspective of globalization strategy, involving the resource-based commodity investment,
the establishment of overseas production bases and R&D center, controlling
trade channels and building strategic alliance, then sketched out the
globalization strategy implementation framework of Chinese iron and steel
enterprises.