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Chinese Wisdom, World Quality: A Visual Semiotic Analysis of China's “Zou Xiang Shi Jie” (Going Global)

Chinese Wisdom, World Quality: A Visual Semiotic Analysis of China's “Zou Xiang Shi Jie” (Going Global)
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Author(s): Cheryl Marie Cordeiro (University of Gothenburg, Sweden)
Copyright: 2016
Pages: 23
Source title: Multinational Enterprise Management Strategies in Developing Countries
Source Author(s)/Editor(s): Mohammad Ayub Khan (Tecnológico de Monterrey, Mexico)
DOI: 10.4018/978-1-5225-0276-0.ch012

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Abstract

The typical feature of emergent economies is a slow, apparent transformation from being predominantly a home base of Foreign Direct Investments (FDI) to becoming more home markets for various firms that expand internationally. In this aspect, China differs from its Asian forerunners. Without question, the most rapid development in recent decades within East Asia and the global economy as a whole is the (re-)emergence of China. While most studies on growth strategies for multinational corporations from emerging economies come from the perspective of economic strategies in international business, this study offers a novel perspective by using visual semiotics as a framework of study and analysis of data. It uses theories of social semiotics borne of the traditions of linguistics to conduct a systematic analysis of the representations of China's desire to go global with their automobile industry. The company in focus is China's Zhejiang Geely Holding Group (Geely) in the years between 2007 to 2011, just prior to an after its acquisition of Volvo Car Corporation (VCC).

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