A Game of Chess

Lourdes Casanova discusses the rise of Chinese multinational companies and the growth of the Chinese economy in a discussion with Present Value host Ghady Arida. The conversation starts off with a discussion about strategic mergers and acquisitions conducted by Chinese companies after the financial crisis of 2008. This M&A activity allowed Chinese companies to expand internationally, acquire knowledge, and improve their industries. She also discusses the challenges, such as brand recognition, faced by Chinese multinationals and the efforts these companies are undertaking to overcome them. Lourdes Casanova is the Gail and Roberto Cañizares Director of the Emerging Markets Institute and a senior lecturer at the Samuel Curtis Johnson Graduate School of Management. She specializes in international business with a focus on emerging market multinationals. She was a Fulbright scholar and earned her Master’s degree from the University of Southern California and her PhD from the University of Barcelona. She is a member of the Global Agenda Council on Latin America as well as the Competitiveness in Latin America Taskforce of the World Economic Forum. She was also a member of the B20 task force on Information and Communication Technology and Innovation in the 2012 G20 summit. Along with co-author Anne Miroux, she recently published her latest book, the Era of Chinese Multinationals which examines common characteristics of Chinese companies and their efforts to make china an innovation hub. Links from the Episode at presentvaluepodcast.com Faculty Page: Lourdes Casanova