Skip to main content

Chinalco and Rio Tinto: A Long March for China's National Champions

Hide All

1 Yao Shujie, “China will learn from Chinalco's failed deal,” Financial Times, 8 June 2009, p. 11.

2 Ironically, this was in part driven by China's own massive stimulus packages.

3 World Bank, “Global economic prospects: commodities at the crossroads,” in World Bank (ed.), Global Economic Prospects (Washington DC: World Bank, 2009), pp. 196.

4 UNCTAD, “World Investment Report 2007: Transnational Corporations, Extractive Industries and Development,” World Investment Report (New York and Geneva: UNCTAD, 2007), pp. 323.

5 Ibid.

6 World Steel Association, “Top steel producers 2007,” (Brussels: World Steel Association, 2009), available from

7 Yang Zhen, “Easier loans lead to more M&As,” China Daily, 20 April 2009, p. 4.

8 See for example Morck R., Yeung B. and Zhao M., “Perspectives on China's outward foreign direct investment,” Journal of International Business Studies, Vol. 39 (2008), pp. 13, and Child J. and Rodrigues S. B., “The internationalization of Chinese firms: A case for theoretical extension?,” Management and Organization Review, Vol. 1, No. 3 (2005), pp. 19.

9 Sutherland D., “Policies to build national champions: China's ‘national team’ of enterprise groups,” in Nolan P. (ed.), China and the Global Business Revolution (New York: Palgrave, 2001), p. 1092.

10 SSB, Large Corporations of China 2007, (Beijing: China Statistics Press, 2008).

11 Sutherland D., “Do China's “national team” business groups undertake strategic-asset-seeking OFDI?,” Chinese Management Studies, Vol. 3, No. 1 (2009), pp. 13.

12 Lex, “No dim sum”, Financial times, 16 March 2009, p. 24.

13 Fortune, “Fortune 500,” Fortune (CNN Money, 2009), SSB, Large Corporations of China 2007, (Beijing: State Statistical Bureau, 2009).

14 Nolan Peter, China and the Global Business Revolution (New York: Palgrave, 2001), pp. 1092.

15 All companies, even big foreign private companies – as China's recent rejection of Coke's bid for the famous Huiyuan juice brand shows – may face similar political obstacles.

Recommend this journal

Email your librarian or administrator to recommend adding this journal to your organisation's collection.

The China Quarterly
  • ISSN: 0305-7410
  • EISSN: 1468-2648
  • URL: /core/journals/china-quarterly
Please enter your name
Please enter a valid email address
Who would you like to send this to? *


Full text views

Total number of HTML views: 5
Total number of PDF views: 49 *
Loading metrics...

Abstract views

Total abstract views: 114 *
Loading metrics...

* Views captured on Cambridge Core between September 2016 - 16th January 2018. This data will be updated every 24 hours.