Overseas M&A by Chinese companies and the implications for managers in Europe and the USThursday 31st March 2011 Hosted by: Fasken Martineau Co-organizers: Chair
Speaker
As China has grown, there has been a massive expansion of outward Chinese investment. Some of this has been tied to Resource Diplomacy and has been aimed at mineral resources in Africa and Latin America. A fair amount, however had been aimed at targets in the US and Europe (Volvo/Geely, MG-Rover/Shanghai Auto, TCL/Thomson Electronics, Lenovo/IBM Thinkpad etc). There have been controversies and blocked bids (CNOOC/Unocal, Chinalco/Rio Tinto, Huawei/3Com), but this is a phenomenon which is becoming part of everyday life. Peter Williamson is a specialist on the dynamics of successful Chinese companies. In this seminar, he will look at the story of China's M&A history, and will discuss how western managements should be responding.. Huawei is the second-largest manufacturer of mobile network equipment in the world, which has expanded in a spectacular way into West European and Emerging Markets, even though there has been some politically-inspired resistance in the United States. The company has supplied kit to 46 of the world’s top 50 telecoms operators. Since 2005 Huawei has worked with BT to provide kit to upgrade the UK fixed-line phone operator’s network. John Frieslaar will give an idea of how this Chinese company is coming to terms with its new global role. Location: Fasken Martineau, 17 Hanover Square London W1S 1HU
To Register your interest- please send your details (name, institutional affiliation, email address, phone number - and the category you come under) to biz22@aptn.org Peter Williamson His well-received book, Dragons at Your Door: How Chinese cost innovation is disrupting global competition, was published by Harvard Business School Press in 2007. His other recent books include: Winning in Asia: Strategies for Competing in the New Millennium (2004) and From Global to Metanational: How Companies Win in the Knowledge Economy (2001). His article in the MIT Sloan Management Review “Is Your Innovation Process Global?” received a Sloan-Price Waterhouse Coopers Award honouring articles that have contributed most to the enhancement of management practice
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