They are not officially in the private category, but they are essentially operated like private companies.
The differences among these four types of companies in China put them into two groups: WFOEs and JVs positioned to the front line of globalizing China, while SOEs and private companies try to stand firm to protect their territory, with some aggressively extending their operations overseas.
According to industry sources there is a total of 196,222 manufacturers in China, which includes all SOEs and non-SOEs with revenue more than 5M RMB, with 1 USD = 8.1 RMB as of October 14, 2005. (Note: All quantitative data in this report is from the National Bureau of Statistics of China (National Bureau of Statistics China, Manufacturing Statistics). The increasing number of multinationals and private companies already surpasses the total number of SOEs in the Chinese manufacturing community. However, because most private companies are still relatively small, SOEs still command the majority of the manufacturing industry in China when measured by revenue. By the end of 2003, only 1,984 of companies had more than 300M RMB in revenue and more than 2,000 employees. This helps explain why so many industries in China are fragmented.
Clearly, most companies are still in labor-intensive, low-value-adding industries like Textile and Apparel and Discrete Manufacturing (National Bureau of Statistics China). WFOEs and JVs are more or less structured in a western style, while most Chinese companies prefer to walk their own way. However, the effects of globalization have led inevitably to a mix of old and new, modern and traditional, east and west.
356 of the top 500 companies in China (by revenue) are SOEs, indicating the weight of SOEs in the overall Chinese economy. A good starting point for...
The process would then need to continue so that the changes that can be seen in the environment can also affect the changes in entry strategies. Environmental factors, economic factors, political/legal factors, social/cultural factors and also technological factors should all be considered. The legal factors that need to be addressed include issues in employee law, monopolies and mergers legislation, environmental protection laws, and wider issues such as foreign trade regulations.
Exports are also down significantly, yet despite these changes, the Chinese economy appears to be "independent and strong enough to not only cope with the global economic crisis but also to establish itself" as a major world economic powerhouse ("China Economy," 2009, Internet). One of China's greatest economic strengths is based on foreign direct investment, for the World Bank estimates that around $80 billion U.S. dollars are invested in China
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More recently two schools of military history have developed that attempt to consider its object from a more eclectic, objective perspective, dubbed the "New Military History" and "War and Society" history. New Military History "refers to a partial turning away from the great captains, and from weapons, tactics, and operations as the main concerns of the historical study of war," and instead focusing on "the interaction of war with society,
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